Phouvong Gold Mine Project: It’s a second gold mine project trusted by the Lao Government and it also is a cooperation project with Yunnan Gold Mining Group Co., Ltd, the leading company in China.
On May 28th, 2020 Pisasai Dam Construction Co., Ltd and Yunnan Gold Mining Group Co., Ltd have jointly signed an agreement with the Government of the Lao PDR, represented by the Ministry of Planning and Investment, to operate gold minerals prospecting and exploration in Vangkhean Village, Phouvong district, Attapue province, in the area 188,96km2, with 84 months of the contract period.
On November 19th, 2020 obtained Investment License to established project company as "Phouvong Mining Co., Ltd", No. 042-2020/IPD.I3
On December 4th, 2020 obtained Gold Minerals Prospecting License issued by Geology and Mines Department, Ministry of Energy and Mines, No. 1742/DGM.MEM.