Phu Kham Copper-Gold Operation

Map showing the Laos contract area

The Phu Kham Copper-Gold Operation is PanAust's flagship operation

The Operation is located within PanAust’s Phu Bia Mining Contract Area in Laos approximately 140 kilometres north of Laos’ capital city, Vientiane.

The Operation

The Operation comprises an open-pit mine feeding ore to a conventionally milling and flotation operation which produces a copper and precious metals concentrate for export to custom smelters mainly in Asia.

Seventy five per cent of Phu Kham’s concentrate is trucked in covered containers to the port of Hon La in Vietnam (approximately 650 kilometres from the Operation). The remaining 25 per cent is trucked to Sriracha Harbour in southern Thailand (approximately 1,000 kilometres from Phu Kham) for export to smelters mainly in Asia.

Photo of the Phu Kam site at night

September quarter 2021 production

During the September quarter 2021, the Phu Kham Operation produced 20,234 tonnes (t) of copper in concentrate at a C1* cost of US$1.25/lb after precious metal credits from 5,464 ounces (oz) of gold and 24,537oz silver. An all-in sustaining cost (AISC**) of US$3.43/lb of copper was realised.

More than 8.5 million tonnes (Mt) of ex-pit material was mined during the quarter which included 1.8Mt of copper-gold ore.

Copper, gold and silver head grades averaged 0.52 per cent, 0.21 grams/tonne (g/t) and 1.33g/t respectively. An overall copper recovery rate of more than 82 per cent was achieved.

*Brook Hunt convention for the reporting of direct costs comprising: mine site, product transportation and freight, treatment and refining charges and marketing costs; based on payable metal content after by-product credits

**AISC reported are the C1 cost plus royalties, allocated corporate support charges, shared services costs, sustaining capital; lease principal and interest charges; and deferred mining and inventory adjustments capitalised

Quarterly concentrate sales

iconCopperCreated with Sketch.
0
Tonnes of Copper
iconGoldCreated with Sketch.
0
Oz of Gold
iconSilverCreated with Sketch.
0
Oz of Silver
iconImagesOrange@2xCreated with Sketch.

Around the Operation