By EDDIE OSIFELO
WIN Win Mining company started export of alluvial gold to Hong Kong in January this year.
This was after the company’s Mamasa-Turarana operations on Central Guadalcanal was disrupted by the 2020 Chinese New Year and the closure of borders due to the Covid-19 pandemic.
Win Win has extracted alluvial deposits on the stream beds of both tenements to get the minerals, especially gold.
Initially, Win Win received its Mining Lease from the Ministry of Mines and Minerals on December 2018.
Managing Director of Win Win, Dan Shi told Island Sun in an interview yesterday that their machines and equipment were set up in a camp at Mamasa on August 2019.
Shi said operations started on Mamasa, however the company discovered the tenement had low alluvial deposits on its stream beds.
He said the company is now moving to Turarana which is believed to have high alluvial deposits.
However, he said the operation slowed down after 80 percent of its workers returned to China to celebrate the Chinese New Year in January 2020 and the impact of COVID-19.
Shi said operation has resumed around September 2020.
He said work is slowly picking up again this year after the armed robbery last December.
As part of royalty, Win Win pays three percent to the Government and other three percent to the landowners.
Shi said the three percent royalty of the government remains at the Central Bank of Solomon Islands, while the other three percent for the landowners will be paid to their trustee’s accounts when they are formalized it.
Shi said the company is following the laws stipulated under the Mines and Mineral Act and other related Acts.
He said the company is open to discuss any issues through dialogue rather than debating it in the media.
Win Win mining company last year made headlines when its camp was robbed by men disguised as police officers who made away with gold bars, $140,000 cash and 15 mobile phones from workers.
Police have arrested the men and the case is currently before the courts.