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Executive Interview – Vatukoula Gold Mines

Executive Interview – Vatukoula Gold Mines

Vatukoula Gold Mines is a producing gold miner with assets in Fiji, where the company is currently reconfiguring its underground operation to allow the expansion of production to the targeted 100,000oz per year.

David Paxton (CEO) discusses the recent investment by China’s Zhongrun. With a $20m input, Zhongrun is now a 66% shareholder of the company. David’s main focus is on development – he sees 2014 as a year of redevelopment, when production will be lower, but the improvement of tunnels and shafts in the mines will lead to mining at a sustained and profitable level thereafter.

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