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Mining Industry Of Laos
The Mining industry of Laos which has received prominent attention with foreign direct investments (FDI) has, since 2003–04, made significant contributions to the economic condition of Laos. More than 540 mineral deposits of gold, copper, zinc, lead and other minerals have been identified, explored and mined. During 2012, the mining and quarrying sector's contribution to GDP was around 7.0%; during this reporting year the FDI in the mineral sector was of the order of US$662.5 million out of a total trade of $4.7 billion in the country. Laos is now a member of the WTO. History It was only after 2003 that the importance of mining was recognized in Laos when the first mining project, the Sepon Mine was established. There were 127 domestic and foreign companies in 2008 working 213 projects covering prospecting, exploration and feasibility studies period. Geological survey maps related to the mining sector are of 1964 prepared by France and updated during the 1990s and these cover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investments
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ban Laomakkha Mine
The Ban laomakkha mine is one of the largest gypsum mines in Laos. The mine is in Savannakhet Province. The mine has reserves amounting to 42 million tonnes of gypsum Gypsum is a soft sulfate mineral composed of calcium sulfate dihydrate, with the chemical formula . It is widely mined and is used as a fertilizer and as the main constituent in many forms of plaster, blackboard or sidewalk chalk, and drywall. .... References {{coord missing, Laos Gypsum mines in Laos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining In Laos
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
