BY JOHN HOUANIHAU
Gold Ridge Mining Limited executive recently met with Prime Minister Matthew Wale to discuss the future of the Gold Ridge Project and its contribution to the country’s economic development.
Mingqing Gao, Executive Chairman of Gold Ridge Mining Limited and Wanguo Gold Group, paid a courtesy call on Prime Minister Wale at the Office of the Prime Minister and Cabinet (OPMC).
Gold Ridge Mining Limited in a statement on Tuesday this week said Mr Gao congratulated Prime Minister Wale on his election and acknowledged his leadership and service to the nation.
Mr Gao reaffirms Wanguo Gold Group’s confidence in the Solomon Islands and its commitment to develop Gold Ridge as a major mining operation that will provide long-term economic benefits to the government, landowners and the country.
“We are not the owners of resources, but partners in national development. We remain committed to working hand in hand with government and communities to make Gold Ridge a pillar of the Solomon Islands economy,” Mr Gao said.
The project contributed about 23 percent of the country’s Gross Domestic Product in 2025 and paid more than SBD$510 million in taxes and royalties Gold Ridge Mining Limited said.
The company also reaffirms its commitment to the proposed SBD$6 billion expansion project.
The statement said once fully completed, the expansion project is expected to contribute around 50 percent of Solomon Islands’ GDP, about 45 percent of total government revenue, and support more than 6,000 direct and indirect jobs nationwide.
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