Laos is a developing nation that has seen an expansion in the mining and hydro-power sectors in recent years, both of which have driven economic growth. Laos is a single-party socialist republic ruled by the Lao People's Revolutionary Party.
PanAust’s Lao-registered company, Phu Bia Mining, has a Mineral Exploration and Production Agreement (MEPA) with the Government of Laos that regulates exploration and mining within the Phu Bia Contract Area, which is more than 2,600 square-kilometres.
With its stable government, ready access to power, water and roads, and the MEPA that sets out operating frameworks, Laos provides an excellent operating environment.
PanAust’s activities in Laos are centred on the Phu Kham Copper-Gold Operation, the Ban Houayxai Gold-Silver Operation and several other pre-development and exploration projects within the Contract Area (pictured in the map above).