Today' Focus

        Apple never fails to surprise its consumers and woo them with uniquely featured products. Following the legacy, it has recently unveiled a new line of MacBook Air laptops made out of 100 per cent recycled aluminium. Therefore, the weight of the devic...

International News

    Bauxite mining paid $1.7m revenue to the Fiji landowners

  • China Aluminium Network
  • Post Time: 2018/3/13
  • Click Amount: 271

    Mineral Resources Minister of Fiji Faiyaz Koya says that payments of $1.7m revenue were paid to the landowners in Nawailevu, Bua and Naibiulu and $781,000 was paid to the government.

    Bauxite is mined from 408 hectares of prospective zones in the Nawailevu area in Bua and part of the Naibulu East area in Macuata. As one of the major revenue earning commodity mined in that two sites, bauxite has earned the government $1.4m in revenue on royalty, said Koya.

    “This is in addition to the salary and wages of locals employed by the company. The project has also assisted local communities with the provision of a $30,000 donation to the Bua Scholarship fund,” he said.

    He also added that the revenue from bauxite assisted with site levelling for over 10 housing projects for Mataqali Nalutu, church and road maintenance for Nawailevu and Lovonidalo village. It has also helped with stationaries, books and electronics to Bua and Macuata schools.

    Koya says that currently bauxite is being sold at a commodity price of approximately $100 FJD per tonne and the price fluctuates from time to time due to the market demand for metal. He stressed on the fact that bauxite price fluctuations did not affect the company’s input into the economy and the assistance towards these communities. The ministry, he said evaluated the financial models before the approval of the mining lease.

    He says this conservative approach of mining business is meticulously monitored by the Director of Mines. The sale of various bauxite grades is regularly being tracked by the team and they make sure the sale of bauxite provides optimum returns.

      Copyright and Exemption Declaration :①All articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network ( When transshipment, any media, website or individual must list the source from "China Aluminium Network (". We seek legal actions against anyone that disobey this. ②Articles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ③If any articles copied by our website concern the copyright and other problems, please contact us within one week.