26 Jan 2017

Solomons' government reinstates Gold Ridge mining lease

From , 7:03 am on 26 January 2017

The mining lease for a closed gold mine in Solomon Islands is being reinstated by the government after having been cancelled by the mines minister last year.

A statement from the government said the "relevant framework" for the mine to reopen was being finalised.

But the chairperson of the customary land-owning company, Gold Ridge Community Investments ltd, which is the minority shareholder in the mine told Koroi Hawkins this basically means to re-issuing a mining lease that had been cancelled.

A collection of gold bars, ingots and nuggets (file)

Photo: 123RF