Fiji TV / PACNEWS / Islands Buisness
Fiji’s Mining Act is now undergoing a review – more than 3 decades after the last assessment in 1978.
Director of Mineral Resources, Malakai Finau says that the value of compensation and development work will be two key areas they will look at.
Its been 36 years since the Mining Act was last reviewed.
Stakeholders and landowners are aware that the act has become archaic and is no longer applicable to the present day situation.
But such reviews comes with its own set of challenges and the Mineral Resources department knows that there’s not much common ground when it comes to compensation issues.
At the moment 70 exploration licenses have been issued.
The review of the Act should be completed by the end of April.