Tolukuma remains problematic

Return to production for the Tolukuma Mine remains problematic due to tenement, regulatory and funding issues.

The Mineral Resources Authority states that the issues have stalled return to production under new owners Asidokona.

This is five months after the revised Memorandum of Agreement (MOA) was signed between the State and Asidokona for the re-birth of production.

The signing was snubbed by landowners who are still crying foul over outstanding issues.

During the signing, Asidokona Executive Director, Vincent Siow, boldly stated that Tolukuma would return to full production in July this year.

That, however has not eventuated.

Tolukuma’s return to production was expected to assist the state with revenue during the current economic tightening the country is facing.







Cedric Patjole