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Solomon Islands Solomon Islands

EITI Status

EITI Status: 
Candidate country

Candidate since

Candidate since: 
28 June 2012

Extractive Industries

The Solomon Islands is heavily dependent on income from primary resource exports, which have been central to the country’s development aspirations and its associated challenges (World Bank, 2013). Resource related grievance is cited as the main explanations for the destabilising civil war (“the Tensions”) that divided the country between 1998 and 2003. Mining at Gold Ridge, until recently the only producing mine in the country, was suspended in April 2014. Gold Ridge has been cited as both a cause and a target of the conflict that took place at the mine site and in Guadalcanal during the uprising. With this background, how the mining sector develops and is managed is not only sensitive, but critical to sustainable development outcomes in the country.

EITI Reporting

The country produces EITI Reports that disclose revenues from the extraction of its natural resources. Companies disclose what they have paid in taxes and other payments and the government discloses what it has received. These two sets of figures are compared and reconciled.

EITI Implementation

Solomon Islands produced its first two EITI reports covering the 2012 and 2013 financial years on 28 June 2014, two days ahead of its 30 June deadline. Gold Ridge did not participate in the process, but government disclosure of these revenues is provided. A supplementary report is planned, and the MSG has also produced an annual activity report.

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  • The Solomon Island's EITI Reports discloses transfers of royalties from the central government to landowners.

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National Coordinator

Solomon Islands
Under Secretary-Economics
Ministry of Finance and Treasury

International Secretariat

Solomon Islands
Country Manager
EITI International Secretariat
+66 88 604 9930
Solomon Islands
Policy and Regional Director
EITI International Secretariat
+47 21 68 53 84 / + 47 90 79 79 37

Facts & Figures

Latest Eiti Report: 2014 Report
Deadline for next Eiti report: Saturday, 31 December 2016
Number of fiscal years published: 3

Solomon Islands News

The island state in the South Pacific...