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  1. #1
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    Thai Firm Plans Zinc Mining in Burma

    Thai Firm Plans Zinc Mining in Burma

    Thai zinc miner Padaeng Industry is planning to begin new mining work in Burma and Laos.

    The Bangkok-based firm said it has been granted licenses to dig for zinc in Burma at a site near the border with Thailand at Mae Sot, and in the Lao province of Vientiane.

    The expansion plans were announced at Padaeng’s annual meeting in Bangkok this week.

    Padaeng is already miningat Mae Sot but zinc deposits there are expected to be exhausted by 2016, said managing director Andre van der Heyden.

    The exact location of the mining in Burma was not disclosed, nor were the terms of operation.

    At Mae Sot, under Thai laws, Padaeng is obliged to repair the mining site and is sowing vetiver grass to aid land rehabilitation.

    irrawaddy.org

  2. #2
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    Great news.

    I own 100,000 shares in Padaeng Industry. Have done for donkey's years.

  3. #3
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    sleep well

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