Ban Phuc Nickel Mine Project – Son La Province, Vietnam
Asian Mineral Resources Limited (“AMR”) is a mineral exploration and mining companies, worldwide independently operating and has been listed on the Toronto Stock Exchange, code: ASN.
The project area is located some 180 kilometres west of Hanoi in Son La province, 80km east of the border with Laos and 150km south of the border with China.
Significant concentrations of both massive and disseminated sulphide mineralisation were identified in the 1960’s but since 2005 activity has concentrated on the smaller, but higher grade, massive sulphide deposit.
In 2006, a plan to develop an underground mine feeding an on-site processing plant using standard sulphide floatation was adopted. Following receipt of government approvals and completion of design and engineering, design and recruitment, construction commenced in January 2008. The decline in metal prices in mid ’08 together with some changes in the Vietnam taxation regime combined to undermine the project’s profitability and construction was suspended in October 2008, just 7 months before commissioning was expected to commence. The site was put into care and maintenance pending an improvement in market conditions.
Consultancy and Investment TEXO JSC., was selected toprovide Consultancy Services for Supervision of Construction work on the project premises.
Here are some photos: