A second Bauxite Mining company operating on Rennell Island was given a 14-days notice to respond to the government or face cancellation of its mining lease for failing to meet expected conditions.
The Minister of Mines, Energy and Rural Electrification Samson Maneka has issued a 14-days notice to the Asia Pacific Investment Development (APID) Ltd on Thursday last week following a Mines and Minerals Board decision.
The notice to cancel the company’s Mining Lease is in accordance to Section 71 of the Mines and Mineral Act for failure to meet conditions required by the Board.
The Company has 14-days to respond on why its Mining Lease should not be cancelled.
SIBC News understands, the Minister has also taken a similar action against another company, PT Mega Bintang Borneo Limited by cancelling its prospecting license and mining lease last Thursday.