Nigeria And Its Tin Fields
Nigeria And Its Tin Fields
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Mining leases are only granted to holders of either one of these permits, who, upon application, must show that bond fide pro- specting operations have been carried on on the area applied for, and that they possess or command sufficient working capital to ensure the proper development and working of the mine. Leases of tin areas, which are granted for a term up to twenty-one years, with the option to renew for a further twenty-one years, are three in number, viz. , lode mining leases, which may... be obtained up to a maximum of thirty claims of 80, 000 square feet per claim, at the rental of 4 per claim per annum ; alluvial mining leases, not exceeding 800 acres in area, with a mimimum width throughout of 400 yards, at a rate of 55. Per acre per annum ; and stream mining leases, which shall be confined to the bed of a stream, not exceeding one mile in length, at a rental of i per 100 yards per annum. Penalties in the 52 NIGERIA AND ITS TIN FIELDS shape of fines or imprisonment are to be inflicted for prospecting without a licence or working a mine without a lease, for interfering with a prospector in the exercise of his rights, for giving false in- formation in an application for a mining lease, or for " salting " a mine, and the Government reserve the power to cancel a prospecting right or revoke a mining lease for certain breaches of the new regulations.
What to read after Nigeria And Its Tin Fields?
You can find similar books in the "Read Also" column, or choose other free books by Albert Frederick Calvert to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Mining leases are only granted to holders of either one of these permits, who, upon application, must show that bond fide pro- specting operations have been carried on on the area applied for, and that they possess or command sufficient working capital to ensure the proper development and working of the mine. Leases of tin areas, which are granted for a term up to twenty-one years, with the option to renew for a further twenty-one years, are three in number, viz. , lode mining leases, which may... be obtained up to a maximum of thirty claims of 80, 000 square feet per claim, at the rental of 4 per claim per annum ; alluvial mining leases, not exceeding 800 acres in area, with a mimimum width throughout of 400 yards, at a rate of 55. Per acre per annum ; and stream mining leases, which shall be confined to the bed of a stream, not exceeding one mile in length, at a rental of i per 100 yards per annum. Penalties in the 52 NIGERIA AND ITS TIN FIELDS shape of fines or imprisonment are to be inflicted for prospecting without a licence or working a mine without a lease, for interfering with a prospector in the exercise of his rights, for giving false in- formation in an application for a mining lease, or for " salting " a mine, and the Government reserve the power to cancel a prospecting right or revoke a mining lease for certain breaches of the new regulations.
What to read after Nigeria And Its Tin Fields?
You can find similar books in the "Read Also" column, or choose other free books by Albert Frederick Calvert to read onlineMoreLess
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