§ 10. Mr. ERNEST BROWNasked the Secretary of State for the Colonies whether the Colonial Governments receive royalties from the platinum and other sub-surface mineral concessionaires in the West African Colonies; and, if so, what percentage?
§ The SECRETARY of STATE for the DOMINIONS (Mr. Amery)No mining has hitherto been done in Sierra Leone, but a royalty will be imposed on platinum before mining leases are granted. In the Gold Coast concessionaires pay a tax of 1s. in the £ on 5 profits. In Nigeria there are royalties on all minerals mined, 4s. an ounce on gold, 5 per cent. on other precious metals, and at varying rates on other metals, with a sliding scale in the case of tin.