HC Deb 09 May 1918 vol 105 cc2320-1
56. Sir J. D. REES

asked the Chancellor of the Exchequer whether he is aware that the Sheba Gold Mining Company, a low- grade mining proposition of the Transvaal, bas decided to close down owing to the impossibility of continuing production under existing conditions of greater cost of working and un increased price of gold; and whether he can now make any statement as to the results of the consideration Government is giving to this subject?


I am not at present in a position to add anything to the reply which I gave to my hon. Friend on the 22nd ultimo.

Sir J. D. REES

Will the right hon. Gentleman give this matter the earliest consideration in view of the fact that the loss on such mines is a continuing proposition?


I quite realise the importance of this subject, but my hon. Friend, I am sure, understands how difficult a one it is to deal with.