While many of the abundant known mineral occurrences throughout the region have been the scene of small-scale mining of high-grade ore, few have been systematically evaluated for their commercial potential. Southeast Asia is receiving growing attention from the international mining industry, particularly from Australian and Canadian juniors, as the geological potential of the region is increasingly recognized.
Historically, regional mineral development has suffered from limitations on capital and technical expertise, outdated minerals legislation and, in some countries, political and civil strife. Political and economic developments over the past decade have made some countries in the region increasingly attractive as an exploration and development target.
In recent years, a number of precious and base metals mines have been commissioned in Laos. International companies are pursuing a variety of exploration projects in the region and there are excellent opportunities for entrepreneurial companies, such as Amanta, to assume leading roles in the development of a strong regional mining industry.
Amanta’s past projects in Thailand included the Langu and Surat gold properties in the southern part of the country and two former high-grade tungsten mines in the northern part of the country, the Mae Lama and Mae Chedi properties. With Amanta’s focus on copper-gold and molybdenum exploration in Laos, the Company decided in 2012 to terminate its projects in Thailand.