• Company representatives in Laos meet with newly appointed Vice Minister of Information, Culture and Tourism
    by Kate Horan 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.

    The post Company representatives in Laos meet with newly appointed Vice Minister of Information, Culture and Tourism appeared first on Panaust.

  • PanAust recognises employees for 10 and 15 years of continuous service
    by Diane Nalatu 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.

    The post PanAust recognises employees for 10 and 15 years of continuous service appeared first on Panaust.

  • Frieda River Limited holds virtual Community Leaders Forum with landowning communities in Papua New Guinea
    by Kate Horan 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.

    The post Frieda River Limited holds virtual Community Leaders Forum with landowning communities in Papua New Guinea appeared first on Panaust.

  • PanAust releases its 2020 Business Review and Sustainability Report
    by Kate Horan on December 15, 2021 at 6:24 am

    PanAust is pleased to announce the release of its 2020 Business Review and Sustainability Report. The Report has been prepared in accordance with the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines, including the Mining and Metals Supplement.

    In a year that was dominated by COVID-19, the Company’s performance against a backdrop of unprecedented uncertainty was inspirational. PanAust MD and CEO, Dr Qun Yang said that the Company has its people to thank for this.

    “Our multicultural workforce, bolstered by the unwavering support from our shareholder, Guangdong Rising Holding Group Co. Limited (GRHG) safeguarded our operations, protected our people and our communities, and carried us through the challenges the year presented. And it is our multicultural workforce and their dedication and talents that will continue to support our Company through the pandemic.

    “The 2020 Business Review and Sustainability Report pays homage to the extraordinary efforts of our people during 2020. I am beyond proud to release this publication and dedicate it to the entire PanAust Group workforce,” Dr Yang said.

    PanAust’s 2020 Business Review and Sustainability Report is the Company’s fourteenth instalment of its annual consolidated reporting on its sustainability performance. It provides a comprehensive and balanced overview of PanAust’s performance during the 2020 calendar year. The Report is structured around six core business elements: governance, economic performance, social performance, environmental performance, health and safety performance, and employees.

    PanAust’s 2020 Business Review and Sustainability Report and the GRI Index are on the Annual Publications page,

    The post PanAust releases its 2020 Business Review and Sustainability Report appeared first on Panaust.

  • Frieda River Limited and West Sepik provincial representatives meet following COVID-19 imposed hiatus
    by Diane Nalatu on November 16, 2021 at 1:36 am

    On Wednesday 27 October, Frieda River Limited representatives met with senior sectional directors from the West Sepik provincial administration to discuss matters of mutual interest and the Company’s commitment to developing the Project.

    The meeting, the first held this year, was welcomed after an imposed hiatus due to ongoing COVID-19 pandemic travel and gathering restrictions. The five-member West Sepik delegation were transported to the Project site at Frieda River from Vanimo under strict Company COVID-19 controls including PCR testing. At site, the delegation virtually connected with the PanAust Frieda River Project team in Brisbane.

    Initiated by PanAust, the meeting provided the provincial representatives with a platform to discuss their position and concerns regarding the Environment Impact Statement (EIS). The Conservation and Environment Protection Authority managed the public review process for the EIS which closed for public submissions in December 2020. The Frieda River Project footprint reaches across both East and West Sepik provinces.

    The EIS recognises the importance of the Sepik River, both from an environmental perspective and the valuable contribution it makes to people’s lives and livelihoods. PanAust has an internationally recognised and proven record in managing sustainable Operations in Laos.

    Frieda River Limited Director, Phil McCormack spoke of the meeting being a positive restart of strong engagement aimed at gaining a better understanding of the Province’s economic and environmental concerns.

    “Frieda River Limited has been proactively engaging with all levels of Government in Papua New Guinea since 2014. We acknowledge that the engagment and ongoing dialogue with the provincial governments is critical and we remain committed to openly and transparently sharing with our partners,” Phil explained.

    Acting Director Department of Agriculture and Livestock, Joel Guaf from the West Sepik provincial administration shared similar sentiments.

    “West Sepik provincial administration fully supports the Project. Our position is to understand and appreciate the differences in opinions that exist at this time and we will work together to advance the Project.”

    For the Company, supporting governments and communities through this process is important to ensure the realisation of our long term goal which is to make a lasting difference.

    “Together we will work through the peer review findings and the economic, environmental, social and engineering considerations and their impacts on the Project,” Phil said.

    The post Frieda River Limited and West Sepik provincial representatives meet following COVID-19 imposed hiatus appeared first on Panaust.

  • Vicki named ‘Advocate of the Year’ at the 2021 ESKER Impact Awards
    by Diane Nalatu on November 15, 2021 at 6:37 am

    Congratulations to PanAust’ Brisbane-based, IT Business Process Lead, Vicki Dreaver on being named the ESKER ‘Advocate of the Year’.

    The ESKER Impact Awards recognise and highlight customers and users who have achieved remarkable results with ESKER’s technology and have gone the extra mile in transforming their business with automation.

    Vicki was delighted to be named ‘Advocate of the Year’ at last Friday’s virtual awards ceremony. In accepting the award, Vicki also acknowledged the other Lao-based super users.

    “I wish to thank the team at ESKER for this award and recognition which I share with the ESKER super users in our team in Laos – thank you.

    “The real stars are our Transactional Services Centre team in Laos. They are the super users for the ESKER Accounts Payable (AP) module,” Vicki said.

    The Lao team has embedded a culture for ongoing improvement to make the best use of the ESKER product, increase automation rates and resolve any ESKER cases directly.

    This enables the PanAust IT team to focus on the delivery of strategic initiatives such as enhancing the Company’s cybersecurity associated with bank master data. 

    The ESKER support model is one that the Company aims to emulate across the other cloud-based systems in use.  

    “Not only does the ESKER AP module integrate so well into the Company’s SAP landscape, but our team members based in both Brisbane and Laos find the ESKER team a pleasure to work with,” Vicki explained.

    View Vicki’s award acceptance speech.

    The post Vicki named ‘Advocate of the Year’ at the 2021 ESKER Impact Awards appeared first on Panaust.

  • PanAust MD and CEO meets with the Government of Laos
    by Diane Nalatu on November 12, 2021 at 2:37 am

    PanAust MD and CEO, Dr Qun Yang, recently met with high ranking Government of Laos officials during a visit to Laos.

    Dr Yang met with the Deputy Prime Minister and Minister of Planning and Investment, His Excellency Mr Sonexay Siphandone; the Deputy Prime Minister and Minister of National Defence, His Excellency Mr Chansamone Chanyalath; the Minister of Natural Resources and Environment, Her Excellency Madam Bounkham Vorachit; the Vice Minister of Energy and Mines, Mr Thongphat Inthavong; the Deputy Head of the Prime Minister’s Office, Madam Thipphakone Chanthavongsa; Xaisomboun Governor, Mr Khamlieng Outthakaisone; and Xieng Khouang Governor, Mr Bounchanh Sivongphanh.  

    Phu Bia Mining’s Managing Director, Mr Wen fu Wang accompanied Dr Yang at all meetings where he was able to express his gratitude to the Government of Laos for their ongoing support to PanAust and Phu Bia Mining.

    This was Dr Yang’s first meeting with Government of Laos officials since the onset of the COVID-19 pandemic. It afforded him the opportunity to speak about PanAust’s commitment to remaining in Laos for the long term and to helping grow the Lao economy through development and growth  opportunities.

    Dr Yang also provided an update on PanAust’ Lao Operations, environmental performance and its commitment to community development projects that are advancing socio-economic outcomes for Xaisomboun Province and potential future projects were also discussed.

    In closing, Dr Yang extended his best wishes to the Government of Laos and expressed how PanAust will continue to assist the country during the ongoing COVID-19 pandemic.

    Read the media release

    PanAust MD and CEO, Dr Qun Yang (second from left), the Deputy Prime Minister and Minister of National Defence, His Excellency General Chansamone Chanyalath (third from left), Phu Bia Mining’s Managing Director Mr Wen fu Wang (second from right) and Company’s Government Relations representatives at the Ministry of National Defence.
    Phu Bia Mining’s Managing Director Mr Wen fu Wang (second from left), the Minister of Natural Resources and Environment, Her Excellency Madam Bounkham Vorachit (third from left), PanAust MD and CEO, Dr Qun Yang (fourth from left) and Company’s Government Relations representatives at the Ministry of Natural Resources and Environment.
    PanAust MD and CEO, Dr Qun Yang (third from left), the Deputy Minister of Energy and Mines, Mr Thongpath Inthavong (fourth from left), Phu Bia Mining’s Managing Director Mr Wen fu Wang (second from right) and Company’s Government Relations representatives at the Ministry of Energy and Mines.
    (from left) Phu Bia Mining’s Chairman, Mr Chanpheng Bounaphol, PanAust MD and CEO, Dr Qun Yang (third from left), the Deputy Head of the Prime Minister’s Office, Madam Thipphakone Chanthavongsa (fourth from left), Phu Bia Mining’s Managing Director Mr Wen fu Wang (fifth from left) and Company’s Government Relations representatives in Vientiane.

    The post PanAust MD and CEO meets with the Government of Laos appeared first on Panaust.

  • PanAust MD and CEO visits the Company’s Operations in Laos
    by spwadmin on October 7, 2021 at 5:23 am

    On Friday 1 October, PanAust MD and CEO, Dr Qun Yang embarked on a five day tour of the Operations in Laos. Having been constrained by COVID-19 travel restrictions, the visit was Dr Yang’s first since 2019.

    After completing 14-days in hotel quarantine, Dr Yang’s first stop was the Ban Houayxai Operation. There he visited the BHX2 prospect, toured the process plant, tailings storage facility (TSF) and mining operations. He departed with management to the Phu Kham Opeation on 3 October where he also inspected the site’s mining operations, process plant and TSF before departing for Xaisomboun via helicopter to meeting with Provincial authrories on 5 October.

    Significantly, the visit afforded Dr Yang the opportunity to personally thank the dedicated site-based workforce at each Operation for their strength, understanding and flexibility since the onset of the pandemic, noting their commitment to keeping each other and the operating sites safe was nothing short of inspiring.

    Additionally, Dr Yang discussed growth prospects, budgets and inventory levels with management and employees and spoke at length about PanAust’s short, medium and long-term strategies for success.

    Dr Yang was grateful for his warm welcome by the PBM senior management team and all site-based personnel and was delighted to hear from the workforce about how they could help support the Company’s future growth strategies.

    The post PanAust MD and CEO visits the Company’s Operations in Laos appeared first on Panaust.

  • Company supports Government of Laos’ fight against COVID-19
    by Diane Nalatu on September 30, 2021 at 1:42 am

    On 27 September, PanAust’s Lao-registered Company, Phu Bia Mining presented medical supplies to the Vice Governor of Vientiane Capital and the Head of Vientiane Capital Taskforce Committee for COVID-19 Prevention, Control and Response, Mr Phouvong Vongkhamxao. The ceremony was held at the Cabinet Office in Vientiane.

    The medical supplies included 100 full body personal protective suits, 500 bottles of 70 per cent alcohol liquid disinfect, 100 boxes of medical face masks and 100 bottles of hand sanitiser. The supplies will be distributed to medical facilities that are caring for people who have contracted COVID-19 in Vientiane Capital. 

    Since the onset of the COVID-19 pandemic in 2020, Phu Bia Mining has worked closely with Central and Provincial Taskforce Committees for COVID-19 Prevention, Control and Response on ways it can support the Government’s fight against COVID-19.

    Phu Bia Mining Chairman, Mr Chanpheng Bounnaphol spoke about this recent assistance from the Company and the importance of protecting the country’s frontline healthcare workers.

    “As different Provinces across the country work together to prevent and control the spread of the current wave of COVID-19 infections in Laos, Phu Bia Mining will continue to support the Government of Laos’ efforts across all levels to provide assistance that will help safeguard the health and safety of Laos’ frontline healthcare providers.

    “These medical supplies and PPE will provide a vital line of defence for those who are caring for the people across Vientiane Capital who have contracted COVID-19 and will ensure they can continue to do so. “Phu Bia Mining will continue to work closely with the Government of Laos to identify opportunities for assistance it can provide that will help stop the spread of COVID-19 in country,” Mr Bounnaphol said.

    The post Company supports Government of Laos’ fight against COVID-19 appeared first on Panaust.

  • The Ban Houayxai Gold-Silver Operation reaches significant production milestone
    by Diane Nalatu on August 30, 2021 at 5:40 am

    In August, PanAust’s Ban Houayxai Gold-Silver Operation produced one million ounces (oz) of gold, marking an outstanding achievement and milestone for the Operation and the Company.

    Operated by PanAust’s Lao-registered company, Phu Bia Mining, construction of the Operation began in early November 2010, with the first production of gold-silver doré in April 2012. Since production commenced, the Operation has averaged approximately 107,000oz of gold annually.

    In 2013, Ban Houayxai received the ‘Project Development of the Year Award’ at the Mines and Money Asia Mining Awards in recognition of outstanding project management for the development and construction of the Operation.

    Phu Bia Mining Manager Director, Wen Fu Wang spoke about the award-winning Operation which has become synonymous with production excellence. 

    “Ban Houayxai’s production excellence is complimented by its world-class safety performance, seen in the 1,000 day injury free period the Operation recorded from 2018.

    “In 2013, the Ban Houayxai mobile and fixed plant maintenance warehouse facilities received the Caterpillar five-star contamination control rating. At the time, the five-star ratings were two of only six worldwide and the first awarded in a developing country. Year-on-year the Operation has maintained this highest rating, which has come to represent operational excellence.

    “The Ban Houayxai process plant achieved pre-operational certification to the International Cyanide Management Institute’s Cyanide Code in 2012 and has maintained full Cyanide Code accreditation throughout operations. 

    “I would like to thank everyone who is and has worked for or supported Ban Houayxai operations; this milestone could not have been achieved without your hard work and dedication. I look forward to the Operation’s next great achievement,” Wen Fu said.

    The post The Ban Houayxai Gold-Silver Operation reaches significant production milestone appeared first on Panaust.