10 May 2017

Solomons landowners discuss concerns on reopening gold mine

5:05 pm on 10 May 2017

Landowners on Guadalcanal in Solomon Islands have been consulted about the proposed reopening of the Gold Ridge gold mine.

The over-full tailings dam facility at the Gold Ridge Gold Mine on Guadalcanal in Solomon Islands. January 2015

The over-full tailings dam facility at the Gold Ridge Gold Mine on Guadalcanal in Solomon Islands. January 2015 Photo: copyright Dr Matthew Allen - Australian National University

The mine was closed in 2014 after massive floods and its ownership was then transferred from the Australian owner St Barbara to a local land-owning company Guadalcanal Community Investments Ltd.

Guadalcanal Community Investments Ltd is now working with Chinese-owned Australian property developer AXF Group which plans to have the mine operational by the end of 2018.

Bringing the gold mine back to life is also a major policy objective of the government which says it wants to do it right.

Members of landowning communities discussed a range of issues with government officials and company representatives relating to royalties, security, environmental impact, revenue sharing and the relocation of people.

They were assured by both the government and the company that their concerns would be taken onboard and addressed to ensure a smooth reopening.

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