PanAust is a copper and gold producer in Laos with pre-development opportunities in Laos, Papua New Guinea, Myanmar and Chile.
PanAust’s producing assets are the Phu Kham Copper-Gold Operation and the Ban Houayxai Gold-Silver Operation; both are located in the Company’s 2,600 square-kilometre Phu Bia Contract Area in Laos.
In Papua New Guinea, PanAust holds an 80 per cent interest in the Frieda River Copper-Gold Project. Frieda River is one of the largest known undeveloped copper and gold deposits in the world and offers PanAust excellent potential for the establishment of a long-life operation.
In Myanmar, PanAust holds an 80 per cent interest in Wuntho Resources Company Limited (WRCL) and has established a joint venture with Myanmar Energy Resources Group International Company Limited (MERG). The joint venture holds three Exploration Licences that cover a 213 square-kilometre area in Myanmar's Sagaing Region.
Also in Myanmar, PanAust has a farm-in agreement with Metro Mining Limited (an Australian ASX-listed company) for the Mahar San Exploration Project.
PanAust is focused on a sustainable business model associated with the production and sale of copper and gold, delivery of production goals, and astute, responsible growth.
PanAust is an Australian incorporated company that is owned by Guangdong Rising H.K. (Holding) Limited which is a wholly owned subsidiary of Guangdong Rising Assets Management Co. Ltd (GRAM). GRAM is a Chinese state-owned company regulated under the State-owned Assets Supervision and Administration Commission, the People’s Government of the Guangdong Province in China. GRAM operates as an investment company in mineral resource development, electronics, industrial waste management, real estate and finance.