Pan Australian opens mine in Laos

Pan Australian Resources Ltd has officially opened its $US241 million ($A257.03 million) Phu Kham copper-gold mine in Laos. Commissioning was completed several months ahead of the company’s mid-2008 target date, and within budget, enabling it to move quickly to take advantage of record copper prices. Managing director Gary Stafford said the Lao government had exercised its right to acquire a... 

Pan Australian steps up copper project in Laos

Pan Australian Resources Ltd. , which is developing a copper, gold and silver mine in the southeast Asian country of Laos, said construction work was running about three months ahead of schedule. The mine is now expected to start production of concentrate from its Phu Kham lode in the first quarter of calendar 2008, compared with a previous start date of mid-2008, a company spokesman said. At peak... 

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Australian miner Ord eyes bauxite project in Laos

Australia-listed Ord River Resources ORD.AX said on Monday it had discovered potentially large bauxite deposits in Laos, a country little known for its mining industry. ORD said it had an agreement to develop a mine in the Bolaven Plateau in southern Laos in partnership with China Non-ferrous Metals International Mining Co. Ltd. (CNMIM), a government-run group responsible for sourcing minerals overseas... 

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Mining company operates effectively in Laos

The Ha Tinh Mineral and Commercial Corporation has earned VND 10 billion (US $625,000) from mining and processing of gypsum in Laos’ Khammouane province. The corporation started mining in a 700-hectare area, which has an estimated reserve of millions of tonnes of gypsum. The corporation employs 140 Laotians at the mine. It also helped Khammouane province build a gypsum processing plant with advanced... 

Amera Resources Corporation: Drilling Underway on Cocha Copper-Silver Project, Peru

Amera Resources Corporation (TSX VENTURE: AMS)(FWB: OAY)(WKN: A0B54E) is pleased to announce that a 10-12 hole 1,500m diamond drill program is underway on its Cocha sediment-hosted copper-silver project in Junin Department, Peru. Drilling will focus on the “Discovery Outcrop” area where a continuous series of chip samples assayed 0.80% copper and 10g/t silver over 80m, including two non-adjacent... 

Laos: Champassak province fosters foreign investment

Champassak province is located in the south part of Laos, it is attracted both Lao and foreign businessmen headed to do business, especially in industrial handicraft sector, which increased 25 percent annually since 2001. In 2001 the province has 2,794 factories, most of them invested in industrial production, in 2005 increased by 84% or 5,141 producing units and the industrial production amounted... 

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Oxiana gold mine on track for 2008 start

Mid-tier miner Oxiana Ltd says its Prominent Hill project is on track to become Australia’s next major copper/gold mine. Oxiana said the mine was expected to launch commercial production in 2008, ramping up to mine ore at a rate of eight million tonnes a year and produce 100,000 tonnes of copper and 120,000 ounces of gold a year. Final approvals for the mine are expected in August and the company’s...