Mukden, Aug. 5.
Gold mining on an important scale, backed by foreign capital, is likely to be commenced in North Manchuria very shortly.
There are extensive gold deposits and these have been "worked by Primitive methods for some years past. The gold near the surface, however, is now becoming exhausted and machinery and plant, necessitating outlay of capital, are required if the ore at a greater depth is to be Up to the present all attempts made by foreign firms to start mining enterprises have failed, 0 the restrictions placed by the Chinese mining law upon the introduction of foreign capital. It is understood that these difficulties have now been overcome by the Northern Gold Dredging Company, British concern, with its head offices in London.
This Company, working in close ce-operation with Chinese, hac obtained a concession to work, firstly, the gold deposits in the territory controlled by the Hsingan Colonisation Bureau and, later, those Kirin Province. The contracts in both cases have been-approved by the Central government.
Extensive prospective work will begin this year—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.