Chinese Firm in Kratie Produces Gold Ore for First Time, Expecting 60kg in First 3 Months

Chinese firm Xing Yuan Kanng Yeak Co., Ltd. produced 8.2kg of gold ore for the first time on 11 October, with the aim of producing at least 60kg in the first three months of operations.

The ceremony to record the first production was attended by the Minister of Mines and Energy Governor of Kratie Province HE Va Thon, as well as other relevant officials.

The company recorded gold concentrates weighing 7,849 grams that can be made into seven gold bars weighing 8,212.27 grams with a purity rate of 99.9%.

According to the plan, during the first three months, the company plans to produce 20kg per month.

Xing Yuan Kanng Yeak Co., Ltd received a gold mining industry license from the Ministry of Mines and Energy in August 2018 on a 28sqkm area to operate its gold mining business in Sambo district, Kratie province.

 

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