SUNBIZ

More Mining Interest To Boost International Shipping

Expect more shipments of bauxite from Vanua Levu to China soon. This was after another Chinese company had expressed interest to start its operations in Nakalou Village in Macuata. This
11 Nov 2015 10:01
More Mining Interest To  Boost International Shipping
According to the 2015 review of Maritime Transport developing countries pay 40 to 70 per cent more on average for the international transport of their imports than developed countries.

Expect more shipments of bauxite from Vanua Levu to China soon.
This was after another Chinese company had expressed interest to start its operations in Nakalou Village in Macuata.
This was confirmed by the Assistant Minister for Rural and Maritime Development, Agriculture and National Disaster Management Joeli Cawaki.
He said the investor had shown keen interest to go on a joint venture with the landowners of Nakalou Village.
Mr Cawaki indicated that he had briefed the villagers about proper procedures that they need to follow.
“The villagers have been told that government will intervene after they submit their consent.”
Meanwhile, the Aurum Exploration (Fiji) Limited discovered deposits of silica at the bauxite mine in Nawailevu, Bua.
Mr Cawaki said he was aware of it and the Department of Mineral Resources is currently looking into it.
When asked if any company showed interest in establishing a silica mining business, Mr Cawaki said at the moment there was none.
“To have silica mining business, viable large quantity of silica needs to be available, which at the moment we cannot reveal as the department is working hard on it in trying to find out,” he added.



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