PanAust is a copper and gold producer in Southeast Asia and has a portfolio of organic growth projects in Laos, Papua New Guinea and Chile.
PanAust’s producing assets are the Phu Kham Copper-Gold Operation and the Ban Houayxai Gold-Silver Operation; both are located in the Company’s prospective 2,600 square-kilometre Phu Bia Contract Area in Laos.
In Papua New Guinea, PanAust holds an 80 per cent interest in the Frieda River Copper-Gold Project with the remaining 20 per cent held by Highlands Pacific, a company incorporated in Papua New Guinea. Frieda River is one of the largest known undeveloped copper and gold deposits in the world and offers PanAust excellent potential for the establishment of a long-life operation.
In Chile, PanAust owns the Carmen deposit and holds a majority interest in the nearby Inca de Oro Copper-Gold Project through an incorporated joint venture with Codelco. These assets provide the Company with geographic diversity and a base for establishing a copper business in South America, which is the world’s most prolific copper producing region.
PanAust shares are listed on the Australian Securities Exchange (ASX), code PNA. The Company’s corporate office is located in Brisbane, Australia.