Fiji Time: 9:59 AM on Monday 22 January

Fiji Times Logo

/ Front page / News

Wet weather stops bauxite mining

Serafina Silaitoga
Monday, February 03, 2014

BAUXITE mining has been suspended until weather conditions improve

Aurum Exploration Fiji Ltd director Derek Qiu confirmed work had stopped in November after the last shipment left for China. The company sent 12 shipments last year.

"Mining work has stopped but we are still keeping the workers to attend to maintenance," Mr Qiu said.

"The bad weather has affected mining and we hope it improves. During this period of bad weather, the company has only incurred expenses and not income."

Mr Qiu said such situations were part of the business-risk expectations.

"When we invested, we knew this would happen and it is part of risks that businesses face.

"We have kept our 105 workers and continued to pay them their normal rate.

"The maintenance work is basically checking our machines, servicing our vehicles, repairing the roads and bridges and the jetty as well.

"It's important that we maintain our assets such as machinery to prevent them from getting bad."

Mr Qiu said the company was hoping for better weather conditions soon so mining could resume. The company exported $28.8million worth of bauxite to China last year.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.62690.6079
JPY 56.156653.1566
GBP 0.36040.3524
EUR 0.40930.3973
NZD 0.69660.6636
AUD 0.63100.6060
USD 0.50390.4869

from

$0.00

Exchange Rate updated on 22nd, January, 2018

Today's Most Read Stories

  1. Misfortune a day after wedding
  2. ATS workers prepare for return to work, describe 'eye-opener'
  3. Mother, 100, seeks assistance for daughter, 50
  4. Classes under sheds
  5. Police eyes in skies
  6. 202 beg on streets
  7. Man, 42, dies at sea
  8. Fire forces closure
  9. Car lovers raise funds for children
  10. Boost in business activity

Top Stories this Week

  1. Trip turns tragic Thursday (18 Jan)
  2. Mela beats the odds Thursday (18 Jan)
  3. Tube ride to school Thursday (18 Jan)
  4. Nadi man dies in crash Wednesday (17 Jan)
  5. Patient info leaked Friday (19 Jan)
  6. ATS Impasse: Tribunal orders return of all workers in 48 hours Saturday (20 Jan)
  7. Rasta's 'star' loves Fijian hospitality Saturday (20 Jan)
  8. Serevi, Ryan believe Tuwai can deliver Saturday (20 Jan)
  9. Back to work Sunday (21 Jan)
  10. Do the right thing and resign: Biman Sunday (21 Jan)