High grade bauxite discovery in SI

Iron Mountain Mining Ltd (ASX:IRM) has discovered extensive high grade, low levels of silica bauxite deposits from augur drilling in the Temotu Province of the Solomon Islands. The first phase drilling and pit sampling returned lab results of 41.21% alumina (Al2O3) and 1.7% reactive silica (SiO2). Should the tonnages be there, Iron Mountain has Direct…

Female banker gets ticket for Italy

A LOCAL woman on Wednesday received air tickets to travel to Italy for a three week training course on Microfinance. She is Joyce Nukumuna, Manager for Branchless banking of the Bank South Pacific (BSP) who will be travelling soon to Turin, Italy to attend a three week training course on Microfinance there, under the United…

Rini: Govt committed to NPF

MINISTER of Finance and Treasury, Snyder Rini has assured government’s commitment towards the National Provident Fund (NPF). Speaking at the end of the Fund’s financial year yesterday, Rini said the government will continue to support the intentions of the Fund in its investment endeavors to deliver sustainable growth of members’ wealth for retirement. “Moreover, the…

Additional flights to Gwaunaru’u

SOLOMON Airlines will increase its flights to Auki, Malaita province, with additional flights on Saturdays starting July 2. This was confirmed by the Solomon Airlines agent in Auki Peter Aetee. Mr Aetee said the latest increase of flights to Auki is triggered by the huge demand from the travelling public. “After Gwaunaru’u airport reopened, we…

Visitor arrivals stay on track

HOT on the heels of a strong Q1 performance across all source markets, Solomon Islands visitation has continued on in positive mode with figures recorded for April 2016 showing a 2.8 per cent increase. Official Solomon Islands Government statistics released last week show a total of 1799 international visitors arrived across the month compared to…

SICCI supports coconut products development

The Solomon Islands Chamber of Commerce and Industry (SICCI) participated in the International Training on Coconut Products Development held early this month at the Palmae Research Institute (BALIT PALMA) in Indonesia. The training was conducted as a development cooperation program on the field of coconut development for farmers, small farmer groups and other small organisations…

Visitor arrivals down

The number of visitor arrivals for the first quarter of 2016 was 9,754. This is a decrease of 22% compared to the previous quarter (4th Quarter 2015), according to the latest report the National Statistics office released, Friday. “Compared to the same quarter a year ago, an increase arrival of 3.5% was recorded,” the report…

Fiji NPF members get 6.25 interest pay-out

AS members of the Solomon Islands National Provident Fund (NPF) await what percentage they’ll get on their savings next month, Fiji National Provident Fund has declared a massive 6.25 per cent interest rate payout. This was announced by Fiji’s Minister for Finance, Aiyaz Sayed-Khaiyum, during the 2016-2017 National Budget announcement this week. “The 6.25 per…