Friday 11 November 2011

Fiji EEZ is worth looking into - Vast mineral deposits not explored

Billions in the mines

Salaseini Vosamana

FIJI'S mining industry is expected to generate more than a billion dollars once potential sites are operational.
This has prompted the government to seriously consider reactivating exploration and actual mining at Mount Kasi in Cakaudrove and operations of other potential sites like Namosi.
Speaking at the commissioning of the Nawailevu bauxite mine in Bua early this week, Prime Minster Commodore Voreqe Bainimarama said the government would continue to implement reforms to create high trading standards for long-term growth and a brighter future for the Fijian community.
"Development of the mining sector will create immediate business and employment opportunities that will improve living standards, reduce poverty and attract economic attention to the region," he said.
"The government will not shy away from its responsibility and the people with the development of the mining sector.
"Fijians should feel confident about this form of exploration because it will boost economic growth in our country."
Commodore Bainimarama said the support portrayed by the Chinese government had allowed an international investment interest between the two countries.
"Their support to our government has been a pillar of strength and speaks to a yet untapped net of international investment interests.
"Government will continue to explore additional opportunities with China and other nations to move forward with transparency on a number of internal development projects."

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