Strategic Shifts, New Legislation, and Untapped Resources
Laos is now positioned for a new wave of mineral discovery and development.
The first movers on this wave will have the best opportunity to capitalise on the wealth that will be created.
Laos has 3 world class mines that were born out of a shift towards a market economy and foreign investment in the 1990's.
The mining industry stalled due to regulatory uncertainty after the mines were opened in the 2000's, but times are changing
Unlocking Laos’ Mining Potential
With existing mines nearing the end of their reserves, the Laotian government faces pressure to replace the significant foreign income these mines previously provided.
A revised minerals law now provides greater clarity on tenure and fiscal matters, although a moratorium on new licenses remains in effect while implementing regulations are finalized.
Recent directives from Laos’ Central Committee have highlighted mining as a priority sector for national development—a noteworthy shift in focus from the government’s highest authority.
Recent directives from Laos’ Central Committee have highlighted mining as a priority sector for national development—a noteworthy shift in focus from the government’s highest authority.
With the introduction of Exploration Cooperation Agreements, exploration can continue until the moratorium lifts. Laos’ substantial mineral potential remains largely unexplored, with only 6% of the country having been surveyed using modern prospecting techniques.
Annamite Resources Holdings Pte. Ltd. (ARH) is a precious and base metals mineral exploration company established in June 2019, incorporated in Singapore (# 201915983C) with operations in Laos.
Our local Lao subsidiary Annamite Resources Laos Co., Ltd (# 01-00024196) was established in July 2020.
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