- Mr Daling Zheng appointed as Managing Director and Chief Executive Officerby PanAust admin on June 24, 2022 at 5:54 am
PanAust Limited’s Board has announced the appointment of Daling Zheng, as Managing Director and Chief Executive Officer of PanAust Limited. Daling has been the interim Managing Director and Chief Executive Officer since April 2022.
Daling has more than 20 years of experience in asset management and investment in global mining, insurance and futures trading companies. Daling holds a Master of Commerce (Applied Finance) from the University of Queensland, a Master of Business Administration from Murdoch University, and a postgraduate diploma from the Queensland University of Technology.
In August 2018, Daling was appointed an Executive Director of PanAust, Chief Financial Officer in January 2019 and Deputy Chief Executive Officer in July 2020.
The Board is delighted with Daling’s appointment and looks forward to his strong leadership to continue to drive the business forward.
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- PanAust hands over new concrete road to the Government of Laosby spwadmin on May 11, 2022 at 12:03 am
Last month, PanAust’s Lao-registered company, Phu Bia Mining handed over its 100 per cent investment of more than US$1.4 million in the newly constructed concrete road in Nam Mo village, located in Xaisomboun Province to the Government of Laos.
The handover ceremony marks one of the Company’s largest socio-economic contributions to the province as well as the strong friendship with the Lao People’s Democratic Republic.
Xaisomboun Provincial Governor, His Excellency Phoykham Houangbounguang, acknowledged the substantial investment when officially receiving the concrete road from Phu Bia Mining Chairman, Mr Chanpheng Bounnaphol and Phu Bia Mining Managing Director, Wen fu Wang.
The sentiment was also shared by high-ranking Government of Laos officials who attended the ceremony including the Vice Minister and Deputy Head of the Prime Minister’s Office, Her Excellency Madam Thippakone Chanthavongsa; the Vice Minister of Energy and Mines, His Excellency Thongphat Inthavong; the Vice Minister of Public Works and Transport, His Excellency Lan Sengaphone; and other senior Government officials and invited guests.
Following the ceremony, Phu Bia Mining hosted invited Government officials and local media representatives to a site visit at its flagship Phu Kham Copper-Gold Operation.
Ban Nam Mo is one of Phu Bia Mining’s host communities close to its Phu Kham Copper-Gold Operation, a host village, that has directly benefited from a wide range of Company initiated small-scale community development projects since 2008. The newly constructed road provides an important route, connecting Xaisomboun Province’s metropolitan area and other road users opting for an alternate route to Xieng Khouang Province.
The Nam Mo concrete road showcases how Phu Bia Mining continues to align its community development program with the Government of Laos’ land-linked strategy focused on building an interconnected public road network system in Laos.
Phu Bia Mining’s goal through its ongoing long-term presence in Laos, is to continue to partner with the Government to enable more investment in public road infrastructure.
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- Phu Bia Mining meets with Xaisomboun’s newly appointed Provincial Governorby PanAust admin on March 16, 2022 at 4:36 am
PanAust’s Lao-registered company, Phu Bia Mining (PBM) Chairman, Mr Chanpheng Bounnaphol and PBM Managing Director, Wen fu Wang, along with other Company representatives recently called on Xaisomboun’s Provincial Governor, Mr Poykham Houangbounnyuang following his appointment in January 2022.
The recent courtesy visit followed a previous visit in November 2021, led by PanAust’s Managing Director and Chief Executive Officer, Dr Qun Yang, to former Xaisomboun Provincial Governor, Mr Khamlieng Outtakaisone.
Xaisomboun is an important and valued host province, and the Company remains committed to ongoing positive dialogue and engagement with its representatives.
The meeting provided an opportunity for Company representatives to discuss business development opportunities, community development projects and other life of mine extension projects. These initiatives have and will continue to support local communities and improve and grow the province’s local economy. PBM and the province’s joint response to managing COVID-19 was also discussed.
The Governor expressed the Government of Laos’ appreciation and thanks for the support the Company has given to the Government and the people of Laos. On behalf of the Government, the Governor also extended best wishes for a year of continuous growth to the Company.
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- Celebrating the Company’s diversity legacy this International Women’s Dayby PanAust admin on March 8, 2022 at 12:53 am
PanAust and its subsidiary companies acknowledges the significant contributions its female employees make to the Company’s ongoing success this International Women’s Day.
Today, 8 March marks the 112th International Women’s Day. PanAust recognises that workplace diversity is key to achieving its localisation strategy in the countries where it operates. Enabling its female employees to increasingly operate, maintain and manage the Company’s operations is a testament to this strategy and this year’s International Women’s Day theme of #BreakTheBias.
In 2021 PanAust’s Lao-registered company, Phu Bia Mining achieved its highest level of localisation to date, with Lao nationals making up 93 per cent of its workforce. Women’s workforce participation in Phu Bia Mining also reached a landmark 20 per cent, with many holding positions that were once considered to be male only jobs, including truck driving, drilling, excavating and control-room supervising.
PanAust recognises that a diverse workforce brings a wide range of perspectives, skills, knowledge and experiences which enables business innovation and drives ongoing Company success.
Year on year, the Company remains focused on achieving greater diversity across its operations. The Company has and will continue to encourage and support its female employees to take on challenging and senior roles within the Company.
The Company thanks all its female employees for their invaluable contributions.
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- Phu Bia Mining wins at the ASEAN Business Awards Lao PDRby PanAust admin on February 14, 2022 at 5:54 am
On 4 February, PanAust’s Lao-registered company, Phu Bia Mining (PBM) received the 2021 Lao Special Award in Skill Development at the ‘2021 ASEAN Business Awards Lao PDR’ gala event, held at the Crowne Plaza Hotel, Vientiane. The Award was presented by the Government of Laos’ Deputy Prime Minister, His Excellency Prof. Dr Kikeo Khaykhamphithoune.
The ASEAN Business Awards Lao PDR acknowledge and recognise businesses that significantly contribute to the economic growth of the Lao business community. The Lao Special Award in Skill Development is given to Lao and Lao-based foreign companies that have raised the profile of Lao businesses regionally and globally and demonstrated how their operations contribute to human resource and skill development within the ASEAN Economic Community (AEC).
The Award adds to Phu Bia Mining’s prestigious 2018 ‘Friend of ASEAN’ and the ‘Friend of Laos’ Award that was presented to PanAust for its ongoing contribution to socio-economic development in Laos and the economic growth of the ASEAN region.
In Laos, PanAust’s commitment to developing and training Lao-national employees to improve their skills and competencies required to complete their job and help grow their career is seen in its internal and external programs. Established in 2013 in partnership with the Lao-German Technical College, the Company’s Apprenticeship Program is considered a beacon of this commitment. The program offers trades training in automotive electrical, heavy vehicle plant mechanical, metal fabrication and welding, fitting and machining, and electrical. At the end of 2018, 85 apprentices successfully obtained Australian Certificate III trade qualification and a Lao Ministry of Education and Sport’s higher diploma and have now worked at the Company’s mobile and fixed plant maintenance departments. In 2020, the program was reintroduced as an accelerated three-year program with 40 apprentices recruited from more than 3,000 applicants across Laos.
The Certification Assessment Program is another internal innovative training program for existing Phu Bia Mining employees. The program provided employees with development opportunities that were aligned with the Lao Ministry of Education and Sport’s Technical and Vocational Education Training Program and is also delivered in partnership with Lao-German Technical College. In 2020, 174 eligible Lao trade employees received a trade certificate to a Lao higher diploma in trades.
The Company’s in-house Supervisory Skills Training Program offers employees more than 80 hours of structured training and post-course assignments and exemplifies how Phu Bia Mining prepares its Lao-national employees for promotion to more senior roles. Annual internship arrangements for graduates from the National University of Laos also create an opportunity for hands-on experience and field visits to the Company’s Operations.
At PanAust, the Company recognises it has a significant role to play in developing skilled nationals of our host countries that can continue to participate in, and help grow, the national economy.
The award highlights how PanAust continues to partner with the Government of Laos’ Ministry of Education and Sports. It also honours the Company’s trainers and instructors. These men and women work tirelessly to impart their knowledge and experience to our Lao-national employees to help build their skills, which in turn ensures its operational standards continue to be met.
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- Company hosts Government of Laos visit to its Phu Kham Operationby PanAust admin on February 7, 2022 at 11:43 pm
On 28 January, PanAust’s Lao-registered company, Phu Bia Mining (PBM) Chairman, Mr Chanpheng Bounnaphol led a contingent of PBM representatives to the Phu Kham Copper-Gold Operation to host a two-day tour of its Operation in Laos for the Director General of the Government of Laos’ Department of Investment Promotion and Ministry of Planning and Investment, Mr Outakeo Keodouangsinh and other Lao Government officials.
As a Government key stakeholder that manages extension of investment and mining licenses in Laos, Company representatives maintain an open dialogue with the central Government of Laos. The visit afforded PBM an opportunity to provide an update on PBM’s Operations in 2021 and its projects in action that will enable the Company to extend its current life of mine.
Throughout this first visit to Phu Kham, Government officials saw firsthand the Company’s operational best practices, touring the processing plant, open-pit, tailings storage facility and were briefed on COVID-19 site protocols.
Government officials also saw first-hand the community development projects that have improved and advanced the socio-economic development for those living in the local communities close to Phu Kham. At the end of the visit, Government officials praised PBM and expressed how pleased they were with the Company’s ongoing commitment to maintaining stellar production, safety, environmental management and community development practices.
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- Company meets with Government of Laos’ ministersby PanAust admin on January 27, 2022 at 12:03 am
On Tuesday 18 January, PanAust’s Lao-registered company, Phu Bia Mining (PBM) Chairman, Mr Chanpheng Bounnaphol and PBM Managing Director, Wen fu Wang met with the Minister of Energy and Mines, His Excellency Mr Daovong Phonekeo and the Minister of Natural Resources and Environment, Her Excellency, Madam Bounkham Vorachit at the respective Ministries meeting rooms in Vientiane. PBM Senior Manager External Affairs, Manilath Arounlangsy and Government Relations Manager, Vannaly Phousavath also attended the meetings.
Company representatives provided an update on PBM’s Operations and its projects in the pipeline that will extend the Company’s presence in Laos. PBM’s COVID-19 controls and vaccination program, its ongoing commitment to help the Government of Laos fight COVID-19 and its environmental management practices were also discussed. The visit concluded with the two Ministers thanking PBM for its continued support to the Government of Laos and extending their best wishes for a productive year ahead.
- Company representatives in Laos meet with newly appointed Vice Minister of Information, Culture and Tourismby PanAust admin on January 14, 2022 at 6:14 am
On Wednesday 12 January, Senior Manager External Affairs Manilath Arounlangsy led a contingent of Government Relations representatives from PanAust’s Lao-registered Company, Phu Bia Mining (PBM) in a meeting with Mr Phosy Keomanyvong at the Office of Lao National Radio.
The visit afforded Company representatives the opportunity to congratulate him on being appointed Vice Minister of Information, Culture and Tourism following the recent ministerial elections.
In a demonstration of the Company’s longstanding relationship with Lao media, Company representatives shared with the Vice Minister how PBM has continued to engage the public through online media platforms, newspapers, radio and television stations in Laos; areas the Vice Minister will oversee in his newly appointed position.
During the visit, PBM representatives also discussed the Company’s Operations and highlighted its ongoing support to the Government and people of Laos to help fight COVID-19.
The Vice Minister extended his thanks and best wishes to PBM and PanAust and praised PBM’s ongoing engagement with Lao media.
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- PanAust recognises employees for 10 and 15 years of continuous serviceby PanAust admin on December 20, 2021 at 12:41 am
In December, PanAust held special ceremonies to recognise 352 of its employees for 10 and 15 years of continuous service with the Company. 2021 marks the largest group to have reached this milestone. The program recognises employees who embrace PanAust’s Vision and Values.
In Laos, available site-based employees of PanAust’s Lao registered Company, Phu Bia Mining, were presented with a certificate of appreciation and a corporate gift at ceremonies held at the Phu Kham Copper-Gold and Ban Houayxai Gold-Silver Operations. Employees from more than 18 departments across the Company received the special recognition awards.
To ensure the Company continues to comply with the Government of Laos’ country-wide COVID-19 lockdown measures, only employees living near the ‘Operations bubble’ attended the ceremonies.
In the Company’s Brisbane headquarters, two general managers were recognised for their 10 years of service with PanAust and Phu Bia Mining. Separately, in another recognition ceremony held in the Vientiane office, Phu Bia Mining Chairman, Mr Chanpheng Bounnaphol presented certificates of appreciation and corporate gifts to sixteen Vientiane- based employees who have reached 10 and 15 years of service respectively with Phu Bia Mining.
Now in its seventh year, the Long Service Awards program recognises employees who have been instrumental to the Company’s ongoing success. The majority of the employees receiving their long service award in 2021 were Lao-nationals including 53 female employees.
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- Frieda River Limited holds virtual Community Leaders Forum with landowning communities in Papua New Guineaby PanAust admin on December 16, 2021 at 11:59 pm
On Friday 24 November, Frieda River Limited hosted a virtual Community Leaders Forum (CLF) with representatives of Telefomin and Ambunti district administration and leaders from seven host villages at the Frieda River Project site.
The Company has hosted CLFs since 2014 when it acquired its majority shareholding in the Frieda River Project. In 2020 however; due to COVID-19, the Company was unable to safely mobilise stakeholders to and from the Project site and the CLF was temporarily suspended. This was the first CLF the Company has held since the COVID-19 hiatus.
Also in attendance was Papua New Guinea Conservation Environment and Protection Authority representative, Dr Lemas Pangum. During the meeting, Dr Pangum presented an update on the status of the independent peer review of the Frieda River Project’s environment and engineering studies that were submitted to the state regulator in 2019.
The meeting afforded Frieda River Limited representatives an opportunity to provide an update on the independent peer review process, discuss the revision of social investment program policies and plan for key activities to be undertaken in 2022.
At the end of the forum, Telefomin District Deputy Administrator, Anslem Mani thanked the Company for its positive and ongoing support to the local communities, particularly during the COVID-19 pandemic.
“Telefomin district recognises the ongoing contribution Frieda River Limited has made to our communities, particularly supporting government programs in health and education in one of the most isolated Sepik regions,” Mr Mani said.
Frieda River Limited Director, Phil McCormack went on to advise the Company will continue to support health and education initiatives in country.
“In 2020, the Company contributed over US$60,000 (K210,600) to community development programs in Papua New Guiana. An additional US$75,000 (K263,250) was expended on the use of helicopters to deliver programs to our landowning communities which were inaccessible by road.
“These programs focused on improving health and education services and capacity-building, with a greater emphasis on the maintenance and establishment of infrastructure to support these programs.
“Our commitment to supporting communities in Papua New Guinea is unwavering. We will also continue to work with the Government of Papua New Guinea and all relevant stakeholders to ensure that all regulatory processes during this permitting phase of the Project are followed,” Phil said.
Frieda River Limited looks forward to continuing the CLF process in 2022 in line with Government of Papua New Guinea COVID-19 control measures to protect the health, safety and wellbeing of it employees, communities and key stakeholders.
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