In addition to part of the former Troy Resources mine going to some 50 small miners, the government is in the process of having a local consortium formed to work the main mining pit, President Irfaan Ali announced as he urged local businesses not to be afraid of forming partnerships.
“Recently, when we were faced with the challenges of Troy Resources, everybody came and complained. I said, ‘Where is the opportunity in it? Why don’t we get all the small and medium sized miners together. Let’s form a company and let us do this now, with the resources and technical capacity that we have’,” the President told the Private Sector Annual Dinner and Awards last Tuesday.
“We have now put together a group and they are working on it,” he added.