Thursday, 21st June 2007 (2395 views)

The closed-down Fijian Vatukoula gold mine could reopen in a matter of months, it has been reported.

Brian Wesson of Westech Gold, the company who owns the mine, claims that wheels are in motion for the facility to commence production soon, according to Radio New Zealand International.

The mine was closed down in December by its former owner Emperor Mines, causing problems for the children of the miners, the radio reports.

"Financiers are in place, I think it's all on the brink of being resolved and everybody has seen the need to work together and get this to happen," Mr Wesson told Radio New Zealand International.

In March, Emperor sold the Vatukoula gold mine to Westech Gold after it struggled to combat the costs of care and maintenance at the project, choosing instead to focus on other pursuits.

Emperor is a gold producer focused on the Australasian and Pacific-rim region.

 

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