Five mining leases approved by Fiji government

Director of Mineral Resources Malakai Finau

Director of Mineral Resources Malakai Finau

Watisoni Butabua | Fiji Village

Five mining leases have been approved by government.

Director of Mineral Resources Malakai Finau says out of the five, only two are currently operating at the moment and that is the Bua bauxite mine and the Vatukoula Gold mine.

Finau says more than 1 million tonnes of bauxite have been exported so far for Nawailevu.

He says in terms of royalty the department has collected approximately $1.2 million.

He says more than 100 workers have been employed by Aurum Exploration Limited.

The Director for Mineral Resources for the Vatukoula Gold Mine, they have exported about 39 thousand ounce of gold last year.

Finau says they expect similar amounts this year.

He says about 1000 people are currently employed by Vatukoula Gold Mine.

He also says that government has granted mining lease to Canadian Lion One Metals Limited for the Tuvatu Gold mine in Nadi.

Finau says they are in the construction period at the moment.

He says two other mining leases have also been granted to Asia Pacific Resources Limited for the Wainivesi Gold mine in Korovou, Tailevu and Amex Resources Limited for Iron sand mine at the Ba River.

Leave a comment

Filed under Fiji, Financial returns

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s