BY 2025, SPEND ALMOST VND 3,800 BILLION TO EXPLORE, PROCESS GOLD ORES
The Plan on exploration, extraction, processing and use of Vietnams’ gold, copper, nickel and molybdenum ores up to 2025, with visions towards 2035 is approved by the Prime Minister at the Decision No. 910/QD-TTg dated July 25, 2018.
Total investment capital required for exploration, extraction and processing of gold, copper, nickel and molybdenum ores up to 2025, with visions towards 2035 is estimated at around VND 3.795 billion for gold ore, VND 2.830,5 billion for copper ore, VND 2.151 billion for nickel and VND 620,4 billion for molybdenum ore.
With regards to the management, shall publicly reveal coordinates of boundary of projects on gold, copper, nickel and molybdenum ore planning. Enhance inspection and guard of mine boundary and recently-discovered mine spots as well as areas for reserving mineral resources of gold, copper, nickel and molybdenum ores.
The Ministry of Natural Resources and Environment shall review and instruct investors of projects to carry out assessment and exploration of gold, copper, nickel and molybdenum ores licensed for extraction but fail to be explored in accordance with provisions of the Mineral Law zone.
This Decision takes effect on the signing date and replaces the Decision No.11/2008/QD-BCT.
