Chairman of the Board
Christopher, minerals financier & economist, ran business development for natural resources for the IFC (International Finance Corporation) out of London office from 2006-2010, IFC is private sector arm of the World Bank Group, and is a major private sector investor in mining in emerging markets. Earlier he led IFC mining transactions in Africa, Russia, Central Asia and and Latin America. Prior, he advised African governments in natural resource policy and, negotiations in Ghana, Tanzania, Mozambique and Swaziland. From 2010—2017 he was on the board of and latterly Non Executive Chairman of Triple Plate Junction, now Tethyan Resources, which was listed on AIM in London.
Annamite Resources, LHBS Secured Prospective Sokdee 250 km2 Tenement from Laos Government
2 Aug 2021
During August 2021, Annamite Resources and its partner LHBS reached an important milestone in securing from Government the prospective Sokdee 250 km2 tenement, which contains the Star gold and copper porphyry.
During August 2021, Annamite Resources and its partner LHBS reached an important milestone in securing from Government the prospective Sokdee 250 km2 tenement, which contains the Star gold and copper porphyry. An amount of $563K was paid to the Government of Laos to cover outstanding arrears for the period 2013-2019 for concession fees and statutory funds. During September we expect to receive formal confirmation of the reinstatement of the exploration license for a period of three years. This will allow the local Annamite team to start exploration activities in October 2021. In parallel Annamite is pursuing raising additional funding in the Middle East and Asia for its workplan.
The Annamite Board of Directors is proud to provide funds to the Treasury of the country, as well as to the Ministry of Energy and Mines and local administrations around the Project site at a time when the macro economic situation of Laos needs support due to the effects of the COVID pandemic. We are committed to engaging fully with Government departments to make the Sokdee Project a successful exploration play, leading to a potential greenfield development.
Didier Fohlen, CEO of Annamite Resources