Pacific Bauxite’s Support for New National Minerals Policy
On June 5th 2017, the Solomon Islands’ National Government gazetted a new National Minerals Policy. The new policy clearly defines both the increased rights of traditional landowners in respect to prospecting and mining, as well as the responsibilities of prospectors and potential miners with regard to traditional landowners, culture, customs and the environment.
Pacific Bauxite and its joint venture subsidiaries are actively working with the Provincial and Federal Governments, and the local landowners in the Solomon Islands to ensure transparency and awareness. The Company strongly supports the new policy – and had commenced working under the guidelines of the policy prior to its release – and welcomes the certainty of rights it provides for traditional landowners.