Working towards greater community control over land, forests and natural resources

Posts Tagged ‘gold’

Energy, mining output value declines

Vientiane Times, March 16, 2015

A summary report released by the Ministry of Energy and Mines on Friday indicates that the output value of Laos’ energy and mines sector dropped in the first quarter of this fiscal year (2014-15). The ministry’s summary noted that production value in 2014-15 was only 4.22 trillion kip (about US$527.71 million), down 16 percent compared to the same period in the last fiscal year. The report noted that the energy sector generated more than 3.07 billion kWh, about 11 percent down on the same period last fiscal year.“The energy sector has gone down 11 percent while mining has dropped 17 percent,” the ministry reported.

Illegal gold mining in Xieng Khuang ends

Vientiane Times, 26 Sept 2014

Unlicensed gold mining in Xieng Khuang province has come to a halt after the authorities set up measures to control this illegal activity. The controllers have done a good job in stopping the illicit gold digging in the area, Deputy Governor Mr Khamphien Sinounthong told local media in Vientiane during a meeting between the government cabinet, Vientiane mayor and provincial governors, which ran from Monday to Wednesday. Six years ago there were many groups of illegal miners working the streams, rivers, forests and mountain areas, digging up the ground and extracting the occasional nugget. It did great damage to the environment when these people poured in because the illegal work they were doing created heavily polluted water resources in the area and destroyed forests.

Natural resources could pay for nationwide primary education: report

Vientiane Times, 09 May, 2013

Laos could raise almost US$100 million a year for education if 30 percent of its share of copper and gold mining resources were converted into public revenue and 20 percent of this sum invested in education. This could double Laos’ education budget and achieve primary education for all. The amount raised would be equivalent to almost two-thirds of the money Laos receives annually in aid to education.

Vietnam and Laos sign gold contract

Viet Nam News, March 15, 2012

Viet Nam and Laos signed a gold exploration contract in Vientiane yesterday, Viet Nam News Agency’s correspondent in Laos has reported. The contract was signed by Lao Deputy Minister of Planning and Investment Bounthavi Sisouphanthong and representative of Global South Joint Stock company Cu Thanh Tien. The gold exploration will be carried out in an area of 24 square kilometres in Xangthong district, Vientiane city.

Phu Bia to open new gold mine in Laos

Vientiane Times, 25 January, 2012

Phu Bia, one of the largest mining companies operating in Laos, expects to kick off its new gold mining project in Vientiane province in March, the Australian miner reported. PanAust, the parent company of Phu Bia, this week announced the progress of its Ban Houayxai gold and silver mine project, saying the US$168 million gold and silver mining facility is scheduled to come on-stream in March this year.

Vietnamese company to survey for copper in Xekong

Vientiane Times, January 12, 2012

The government has given permission for the Hoang Anh Gia Lai Joint Stock Company (HAG) of Vietnam to conduct an exploration survey forcopper deposits on 92 square kilometres of land in Lamam district of Xekong province. A Memorandum of Understanding for the survey was signed in Vientiane on Saturday by Lao government officials and HAG representatives, witnessed by leaders from both countries.

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