Lane Xang Minerals Limited (LXML Sepon) operates the Sepon Gold and Copper Operation located in Vilabouly District, Savannakhet Province.

Lane Xang Minerals Limited is the registered name in Laos in which Chifeng Jilong Gold Mining Co., Ltd (Chifeng) owns 90% and the Lao Government owns 10%.

Since the operations commenced in 2003, Sepon has produced almost one million tonnes of Copper cathode and over 1.2 million ounces of Gold doré. Sepon produced over 39,730 tonnes of copper  and 64,809 ounces of gold doré in 2020.

2021 Production guidance for Sepon is over 250,000 ounces of gold doré and 7,000 tonnes of copper cathode.

The Lao Government owns 10% of LXML.

Chifeng Jilong Gold Mining (Chifeng) owns 90% of LXML. 

Chifeng Gold is a Shanghai stock exchange-listed metals producer (SH:600988).

Chifeng Gold has three core mining operations in China and one mining operation in Lao PDR. Its Chinese mines are of high grade with low operational costs located in China’s metallogenic belt.

The company is seeking to acquire more high quality gold projects to expand into a mid-tier international mining company.