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Mining and Exploration

TGM Mine Mill Shut Down – Petromin Holdings Limited.


Toukuma Gold Mines Ltd.
After Petromin Holdings Ltd CEO Mr. Sam Inguba visited Tolukuma Gold Mines Limited over the weekend. Based on eye witnesses onsite, Mr Inguba has directed that Mine Mill be shut down for the next 3 – 4 months while maintenance works is carried out on the mill.

According to reports, the Mill was literally shut for the past 2 – 3 months. And CEO Inguba’s announcement to shut the mill for the next 3 – 4 months till the begining of 2014 is just an formal announcement as it seems.

As of this morning, 22nd Oct 2013, the first batch of redundant employees who are old [50years and above] have been airlifted into Pom – [RETRENCHMENT IN ACTION] . If they are been retrenched with full entitlements paid out upon exit is unknown. TGM Management has also taken a stand on ensuring Social Media [FB,Twitter,Google+] is monitored and anyone caught spreading any form of information will be dealt with.

Reports from the Mine site has indicated the Land Owners have threatened to shut down the hydro that powers the mine operations but this will have to be verified as well as no one at the mine site want to talk to this BLOG when attempts where made.

Add onto this confusion (?) the existence of two LO Association Chairmen – Mr George GUSI [former] and Mr Epi KOGA current. Mr Gusi was voted out during the elections which is inline with the Land Owner Association constitution governing the operations of the Association.

Mr George Gusi was voted out 1 – 168, on the 15th July 2013 in TGM.
Why Mr Gusi is still a recognized Chairman and literally runs the affairs of the Yulai Land Owners Association affairs is a mystery only the TGM Mine Management with (maybe) Petromin Holdings Limited would know. The TGM LOs, with the newly and duly elected Chairman Mr EPI KOGA seem to be kept in limbo.

Attempts to get to Mr George Gusi to verify this information and get his side of the story was rejected.

By Anthony Morant

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