BUILDING AND OPERATING FIJI’S NEXT HIGH-GRADE GOLD MINE
Fiji has a long and stable history towards supporting the mining industry and that of international investment in this critically important aspect of their economy. Numerous companies from across the globe are active in prospecting or further developing their project towards commercial production across the Fijian Islands.
Currently the country has 1 active commercial gold mine (Vatukoula) that has been operating for the last 87 years and is located just 35 km north-west of Tuvatu. The Government of Fiji and Lion One Metals are working collaboratively to make Tuvatu the 2nd operating gold mine in the country.
This was reinforced just recently when the Government of Fiji extended the Company's Special Mining Lease until 2035. Efforts are well advanced to commence to production at Tuvatu in late 2023.
Given mining has a long successive history in the country, there is an abundance of local skill sets and a mature supply chain that enables the Company to maximize localization to the benefit of Fijian society and the Company.