LXML pays US$3 million Royalty for 3rd Quarter of 2020 Production

December 28, 2020

16 December 2020, Mr Phoudong Soukhavong, Acting Director General of State Assets Management Department, Ministry of Finance received the 3rd Quarter 2020 royalty copper and gold production of US$3,037,744.05 handed by Mr Robin Hamilton-Coates, Senior Advisor – Stakeholder Relations, Lane Xang Minerals Limited (LXML) of the Sepon Mine.

Since production commenced in 2003, LXML Sepon has contributed over US$1.5 billion in direct revenue to the Lao Government including over US$363 million in royalties.