Landowners receive $700,000 for Tuvatu Gold Mine lease

Landowners receive $700,000 for Tuvatu Gold Mine lease

By Watisoni Butabua
31/03/2015
Lion One Metals compound at the Tuvatu gold project (Photo: northernminer)

The Mataqali Nacokula of Natawa village and the Mataqali Nabouwalu of Korobebe in Nadi have received $700,000 as a premium payment after a 21 year lease was granted to the Canadian company Lion One Metal Limited for the Tuvatu Gold Mine.

Leader of the Mataqali Nacokula, Milika Sura who owns majority of the mining land said they have received the largest share of the money.

She said they have used part of the money to purchase a vehicle that will be used for the transportation of mine workers.

Sura said they have also saved some money for their future generations.

Leader of the Mataqali Nabouwalu, Apisai Ciriwai who owns a portion of the land said they have equally distributed the money to its members.

Both the landowning units have certain conditions with the mining company which includes employment, education assistance, and assistance toward the two villages.

Lion One Metals Limited has announced that it has been granted a Special Mining Lease for the Tuvatu Gold Mine in Nadi following an approval by the Ministry of Lands and Mineral Resources.

CEO Walter Berukoff said this mining license provides them the exclusive rights to the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu and the surrounding lease area.

The mining lease area covers 373 hectares of land.

FEATURE NEWS
Senior FRCS official charged in relation to 4kg meth seizure
A senior official at the Fiji Revenue and Customs Service has been charged for his alleged involvement in the unlawful importation of more than 4 kilo...
48 minutes ago
LATEST NEWS
Deputy Commissioner Juki Fong Chew retires after 36 years of service
Deputy Commissioner of Police Juki Fong Chew has retired, marking the end of his policing career with 36 years of experience in the Force. A ...
20 minutes ago

Man fighting for life after two shot in western Sydney drive-by shooting
Two men have been shot in the middle of Parramatta in western Sydney, leaving one fighting for life. They are believed to have been in a car with ...
58 minutes ago

Prof. Prasad acknowledges Arya Samaj's contribution to education
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has paid tribute to the Arya Samaj movement, celebrating its 150-year legacy ...
1 hour ago

The new budget will include targeted relief and support for the people – Prof. Prasad
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has assured that the new budget would include targeted relief and support for ...
15 hours ago

Two vehicles collide in Korovisilou
An accident involving two vehicles occurred this afternoon at Korovisilou in Serua. A photo sent to fijivillage News shows one vehicle overturned ...
15 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Education Reform Consultations
The Ministry of Education is holding consultations across Fiji as part of the nationwide review of the Education Act ...
2 days ago

Tragedy at PRB Flats: Couple found dead in suspected murder-suicide in April
A couple were found dead at the new Lagilagi Public Rental Board Flats today and it is alleged at this stage that it was a murder suicide case on ...
21 days ago

Tevita Ikanivere on fijivillage Straight Talk With Vijay Narayan
The show focuses on Ikanivere’s journey, his family, career and how far the Drua has ...
34 days ago

TOP