COI to probe $8.6m in unpaid bauxite royalties
A Commission of Inquiry (COI) will be established to investigate the unpaid $8.6 million in royalties from 33 bauxite shipments extracted in West Rennell between November 2017 and January 2019. The company at the center of the issue, Asia Pacific Investment Development (APID) Limited, subcontracted Bintang Mining Solomon Islands (BMSI). The royalties were not paid…