The Prime Minister of Fiji, Commodore Voreqe Bainimarama, visited Lion One Metals’ Tuvatu Gold Project on January 27 to commemorate the grant of the Tuvatu mining lease in March 2015. The official handover ceremony as attended by more than 300 people at the Tuvatu project site near Nadi.
Quoted in the Fiji Times, Prime Minister Bainimarama underscored the government’s commitment to Lion One and the mining industry in Fiji: “Mining is one of the areas that will take Fiji forward. I hope Tuvatu can be a model of what we can achieve economically, socially and environmentally.”
Lion One’s CEO Walter Berukoff said, “The company greatly appreciates the support of the Fiji Government through the completion of the permitting process as we continue advancing Tuvatu towards production and pursue construction financing.”
Lion One Metals Limited is a Canadian mining exploration and development company focused on the development of its 100%-owned and fully permitted high grade Tuvatu project in Fiji.
The company is led by Walter Berukoff, an entrepreneur with a successful track record in various industries including real estate, finance, and mine development. As the founder and original CEO of companies such as Miramar Mining, Northern Orion Resources and La Mancha Resources, Walter Berukoff has developed and operated more than 20 mines in seven countries.