• PanAust’s Board members visit the Company’s Operations in Laos
    by PanAust admin on September 5, 2022 at 3:22 am

    Recently, PanAust’s Board of Directors visited the Company’s Operations in Laos to see first hand its Lao registered Company, Phu Bia Mining’s current activities and life of mine extension projects.

    The delegation included Guangdong Rising H.K. (Holding) (GRHK) President, Mr Lei Feng, Non Executive Director, Paul Arndt and GRHK Vice President, Mr Zhibin Huang.

    PanAust’s Managing Director and Chief Executive Officer, Daling Zheng accompanied the Board members and GRHK Commercial Manager, Mr Chen Ke to the Company’s flagship Phu Kham Copper-Gold Operation. At site, the delegation met with employees and senior management and toured the mining operations, open pit, process plant and tailings storage facility (TSF).

    Later, the delegation visited the Ban Houayxai Gold-Silver Operation touring the Ban Houayxai Extension project, the process plant, TSF and mining operations.

    The post PanAust’s Board members visit the Company’s Operations in Laos appeared first on Panaust.

  • PanAust announces support for the 14th annual Sepik River Crocodile and Arts Festival
    by PanAust admin on July 22, 2022 at 3:26 am

    PanAust – through its wholly owned subsidiary Frieda River Limited (FRL) – has announced its support of the 14th Annual Sepik River Crocodile and Arts Festival.

    Held in Ambunti, East Sepik Province from 5th – 7th August 2022, the festival is a three-day cultural celebration.

    General Manager Projects and Infrastructure and FRL Director, Phil McCormack said FRL has supported the festival since 2011 and is proud to watch the celebration of culture growing popular and successful each year.

    “We’re pleased to support the celebration of local cultures and traditions along the Sepik corridor and the hosting of the event again this year after a two-year hiatus due to the COVID-19 pandemic,” Phil said.

    Festival organising committee secretary, Jacob Marek, thanked FRL for its continuous support of the festival over the years.

    “Frieda River Limited is one of the first to respond to our requests for assistance. I thank the management and acknowledge the Company’s support over the years. The organising committee looks forward to partnering with FRL again next year.”

    The festival highlights the crocodile and its cultural significance to the communities living along the Sepik River. A total of 15 cultural groups will display cultural performances at the Ambunti station, East Sepik Province.

    The post PanAust announces support for the 14th annual Sepik River Crocodile and Arts Festival appeared first on Panaust.

  • Mr Daling Zheng appointed as Managing Director and Chief Executive Officer
    by 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.

    The post Mr Daling Zheng appointed as Managing Director and Chief Executive Officer appeared first on Panaust.

  • PanAust hands over new concrete road to the Government of Laos
    by 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.

    The post PanAust hands over new concrete road to the Government of Laos appeared first on Panaust.

  • Phu Bia Mining meets with Xaisomboun’s newly appointed Provincial Governor
    by 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.

    The post Phu Bia Mining meets with Xaisomboun’s newly appointed Provincial Governor appeared first on Panaust.

  • Celebrating the Company’s diversity legacy this International Women’s Day
    by 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.

    The post Celebrating the Company’s diversity legacy this International Women’s Day appeared first on Panaust.

  • Phu Bia Mining wins at the ASEAN Business Awards Lao PDR
    by 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.

    The post Phu Bia Mining wins at the ASEAN Business Awards Lao PDR appeared first on Panaust.

  • Company hosts Government of Laos visit to its Phu Kham Operation
    by 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.

    The post Company hosts Government of Laos visit to its Phu Kham Operation appeared first on Panaust.

  • Company meets with Government of Laos’ ministers
    by 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.

    Phu-Bia-Mining-meets-with-the-Minister-of-Energy-and-Mines_His-Excellency-Mr-Daovong-Phonekeo
    Phu Bia Mining Chairman Mr Chanpheng Bounnaphol (forth from left) and PBM Managing Director, Wen fu Wang (third from left) and other Company representatives during their meeting with the Minister of Energy and Mines, His Excellency Mr Daovong Phonekeo .

    The post Company meets with Government of Laos’ ministers appeared first on Panaust.

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

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