Mining

Canadian Besra Inc.’s Besra Vietnam, the operator of two gold mines in the central province of Quang Nam, namely Phuoc Son Gold Company Ltd. and Bong Mieu Gold Mining Company Ltd., has suffered a loss of over VND1 trillion ($44.7 million) with a short-term debt ...

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release on 14 June.Keep reading ...

Industry insiders have blamed an economic slowdown in China, over-extraction in jade mines, and market uncertainty linked to the transition of power to a democratically elected government in Burma. More than 850 licenses have been issued to firms at over 8,000 sites since private companies ...

A mining company has decided to give back to the state two iron ore mines with large reserves, an unprecedented move in the country. The decision to return the two mines under exploitation in Vietnam’s Ha Giang province, according to analysts, shows that the golden age ...

According to the new assignments at the government’s monthly meeting for May in Vientiane from May 24-25, the Ministry of Agriculture and Forestry takes sole management for all kinds of forest. The Ministry of Energy and Mines takes sole management mandate for all mining. Land management ...

An investigating team from the Ministry of Mines and Energy has concluded that evidence at Chhay Ching Heang Group’s operations in Cambodia’s Ratanakkiri province seemingly points to illegal gold mining, though lab results from minerals extracted by the company are still pending, according to a ...

Ywel Jer remembers a time when Saijarbon, an ethnic Kachin village perched upon a hilltop in Hpakant Township, was surrounded by mountains. In the past 10 years, however, vast mountain areas around the village here in northern Myanmar’s Kachin State have been turned into rubble by ...

In response to protests outside the site of a controversial, re-launched copper mine, the company behind the project released a statement ridiculing the demonstration as representing a reckless minority. Residents are calling on the government to intervene, and have said the mine should not be allowed ...

Thailand’s gold mining industry is set to go out of business as the cabinet has decided to stop renewing and issuing licences for gold ore exploration and gold mining following a public outcry over health and environmental issues. Industry Minister Atchaka Sibunruang said the cabinet had ...

The enormous drop in revenue generated from mining coupled with improper budget planning has been the main cause of the budget tensions Laos has faced over the past few years, Deputy Prime Minister SomdyDouangdy told parliament recently. MrSomdy, who is also Minister of Finance, said revenue ...