Archive for the ‘Mining and energy’ Category
February 13th, 2012
Vientiane Times, February 13, 2012
The Lao government has given permission for the Vietnam Chemical Group (Vinachem) to excavate and process potassium in Khammuan province. Dr Bounthavy Sisouphanthong signs the agreement with Mr Nguyen Dinh Khang, witnessed by Lao President Choummaly Sayasone and Vietnam President Truong Tan Sang and other high-ranking officials from Laos and Vietnam.
According to a Vietnam News report, the Vinachem group will invest US $450 million in the project in Nongbong village, Thakhek district, to extract and process potassium, which is also known as kali salt. The Vietnamese company plans to excavate potassium in a 10 square kilometre area, with a concession period of 20 years which can be extended for another five years.
February 9th, 2012
Vientiane Times, February 9, 2012
The Phouphieng Mineral Export-Import Sole Company is teaming up with the Mekong Mining Company to study the possibilities for bauxite and potassium mining and hydropower in Laos. A Memorandum of Understanding was signed on Tuesday in Vientiane between Phouphieng Company President Mr Vilaysith Liumxayachak and Mekong Mining Company President Mr Andrew Kent. Officials from both sides attended, along with the Vice President of the National Science Council, Dr Maydom Chanthanasinh.
January 25th, 2012
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.
January 12th, 2012
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.
December 19th, 2011
MineWeb, December 19, 2011
Oxford Policy Management warns many low- and middle-income countries are particularly vulnerable to the “resource curse” and are at risk from a slowing world economy. An Oxford Policy Management study of mineral dependent countries – believed to be the first of its kind-finds more than 20 low- and middle-income countries “have become dangerously dependent on the exports of minerals such as metals and hydrocarbons, leaving the countries highly vulnerable to a global economic downturn.”
December 15th, 2011
Vientiane Times, December 15, 2011
 Amendment to the Minerals Law is proposed for the National Assembly to approve. The Ministry of Energy and Mines has asked the National Assembly (NA) to approve a proposed amendment to the Minerals Law to better regulate the mining sector, which is one of the largest industries and the number one foreign exchange earner in Laos. If passed, the proposed changes would be the second amendment to the law, after the first amendment came into force in 2008. The move comes after the Geology and Minerals Department was transferred from the Ministry of Energy and Mines recently, and now comes under the umbrella of the Ministry of Natural Resources and Environment (MoNRE).
|
Posted in 
Tags: 
