Lion One Metals Ltd V.LIO

Navilawa

[ctoivo]

Speaking of the caldera, the website landing page photo is a view of it from the Nadi airport area. Caldera

The Fiji Prime Minister's speech at Tuvatu's mining lease ceremony is worth watching, because it emphasises the good relations and groundwork that Berukoff and company have laid down over the years and the mining friendly climate of Fiji. (If the mining is done to proper environmental standards.)
      The video and the following Fiji Times articles also show that Fiji and the local communities are ready for the mining to begin. (so say we all)

Magnate praises local Mining Act

Repeka Nasiko
Sunday, January 31, 2016

GLOBAL mining magnate Walter Berukoff, who is the owner of the Tuvatu Gold Mine project in Sabeto, believes Fiji has the potential to expand and grow its mining culture.

He said the country's Mining Act ensured the protection of the environment while encouraging business investments.

"Many people are not aware of the mining culture and the well-structured Mining Act of this country," he said.

"Fiji, one of the few countries that I have worked in, has such a good rule of law that is interested in its environment and has a strong Mining Act.

"This strong Mining Act which is very similar to Australia and Canada and it is very familiar for us so it made it easier to work with. It's very easy to follow and very fair for both the country and the industry."

Mr Berukoff is the chairman and founder of Lion One Metals. He was the founder and CEO of Miramar Mining Corporation, Northern Orion Resources, and La Mancha Resources, and has operated or commissioned gold mines in seven countries.

He is also managing director of Red Lion Management, a merchant banking company, and has raised over $1 billion for global mining and real estate projects.

He said more than $100m has been invested by his company, Lion One Metals, into the Tuvatu project which he believes would produce high grade gold for the international market.

"Tuvatu is a mine for future generations," Mr Berukoff said.

"Once I saw the geology, the engineers explained this to me so the idea of opening Tuvatu became a passion for me."

Meanwhile, members of the Tuvatu landowning unit — Yavusa o Rarawaqa — from Nagado Village have welcomed the company with open arms.

Unit head Milika Sura said the project meant yavusa members had a secure financial future. She said working with all stakeholders was important to their successful relationship.

 

 

 

Chamber welcomes mining venture, opportunities

Monika Singh
Friday, January 29, 2016

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FMF Foods CEO Ram Bajekal, left, hosts Nadi Chamber of Commerce and Industry board members Navin Sahay, Chandar Prakash and president Dr Ram Raju to a business meeting on Wednesday. Picture: SUPPLIED

WITH the opening of Tuvatu Gold Mines, Nadi has once again taken the lead as the fastest-growing town in the entire South Pacific, says Nadi Chamber of Commerce and Industry president Dr Ram Raju.

Dr Raju congratulated Lion One Metals for securing the lease to operate Tuvatu Gold Mines in Nadi.

The Canadian mining company was given its licence by Prime Minister Voreqe Bainimarama on Wednesday.

Dr Raju said the revival of the goldmine was expected to bring about many economic benefits to Nadi and the Fijian economy at large.

"We commend the Bainimarama Government for providing an investor-friendly environment for international companies to operate with great confidence in Fiji," said Dr Raju.

He said the mines would also have huge economic benefits, creating employment for local residents as well.

At the licence handover ceremony on Wednesday, Mr Bainimarama said the Government aimed to make Fiji a more attractive place for sustainable investment.