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Posts Tagged ‘silver’

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.

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.

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