Guangdong Provincial Audit Office, Guangdong Rising Holdings Group, PanAust and Phu Bia Mining delegations gather for a group photo at the Ban Houayxai Gold-Silver Operation.

Guangdong Provincial Audit Office visits Phu Bia Mining Operations

Phu Bia Mining (PBM) received the highest honour in welcoming a delegation from the Guangdong Provincial Audit Office (GDPAO) and our shareholder Guangdong Rising Holdings Group (GDRH) from October 21-26.

Deputy President of the Guangdong Rising Holdings Group, Mr Lan Runing (right), and PanAust MD and CEO in the Ban Houayxai gold pour room, Mr Daling Zheng.

The purpose of the delegation’s visit was to inspect mining production and operations, and to evaluate the mining assets of PBM, which is part of PanAust, and a subsidiary of GDRH.
Delegation members included Level II Inspector of GDPAO, Ms Zhong Erhui and Deputy President of GDRH, Mr Lan Runing. PanAust Chairman and Deputy President of the Guangdong Rising Nonferrous Mining Group (GRNMG), Mr Tao Wu, and PanAust Managing Director and Chief Executive Officer, Mr Daling Zheng, accompanied the delegation to the Phu Kham Copper-Gold and Ban Houayxai Gold-Silver Operations.
During their visit to Phu Kham and Ban Houayxai, the delegation toured the state-of-the-art control rooms, processing plants, open pits, and the Ban Houayxai underground and Extension projects.
The delegation received updates on PBM’s international best practice programmes in environmental care and management, human resources training and development for Lao-national employees, and the Company’s social and economic contributions to local communities.

The visiting group of dignitaries was shown numerous examples at all Phu Bia Mining operating sites of how the teams are embracing and implementing GDRH’s core values of Focus, Actions, Innovation, Technology and being Human-Oriented in their strive to continually improve processes and efficiencies across the business.
Mr Daling Zheng spoke about the important visit of the Guangdong Provincial Audit Office.
“This was the first time in Laos for the Guangdong Provincial Audit Office, which represents the supervision and regulating authority from the Chinese Provincial Government of Guangdong Province.”
“The three-day visit to Phu Bia Mining Operations enabled the visitors to see first-hand how the Guangdong Rising Holdings Group continues to practice and maintain compliance with the investment regulations of Chinese state-owned enterprises and the regulatory requirements of the Government of Laos.”
Mr Chanpheng added “Ms Zhong Erhui and the delegation were also shown positive business opportunities in Laos while conducting a comprehensive review of GDRH’s quality investment. The delegation concluded their visit with strong support for further Chinese state-owned investments now and the future.”

ByAdvertorial Desk
 (Latest Update November 4, 2024)