GOLD RIDGE MINE AND PROPOSED NEW DEVELOPMENT

GOLD RIDGE MINE AND PROPOSED NEW DEVELOPMENT

Posted by : Quoting Radio New Zealand Posted on : 23-Oct-2019

Solomons' gold mine to launch the redevelopment

Quoting Radio New Zealand – 23 October 2019

“A closed Solomon Islands' gold mine is set to be officially relaunched this weekend.

“The troubled Gold Ridge Mine, which has changed ownership multiple times over the years, has been closed since 2015.

“It is now being redeveloped by the Chinese-owned Australian developer AXF Group in partnership with local landowners in Central Guadalcanal.

“The full details of the reconstruction by the China Railway International Group is expected to be announced during a ground-breaking ceremony on Saturday, the Solomon Star reports.

“Gold Ridge senior official, Allen Wang, said he believed China Railway had the mining experience, construction expertise and Pacific experience to make a great contribution to the development of a world class mine in Solomon Islands.”

Copyright @ 2019, Radio New Zealand.

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