Home
About Us
Company Overview
Milestones
Culture
Corporate Governance
Board and Management
Industry Associations
Contact Us
Our Operations
Investors and Media
Reports
Announcements
Presentations
News
Share Price
Investor Contacts
Latest report to investors
Sustainability
Health, Safety and Environment
People
Communities
Compliance
Responsible Supply Chain
ESG Report
Join Us
People Strategy
Careers
Employee Gallery
Home / Investors and Media / News / LXML Sepon Hands Bitumen Road to Nonesomboun Community, Vilabouly district.
LXML Sepon Hands Bitumen Road to Nonesomboun Community, Vilabouly district.



On July 18, 2024, Lane Xang Minerals Limited Company (LXML) extended its support by inaugurating a two-layer bitumen road to the community of None Somboun Village. The handover ceremony was co-chaired by Mr. Valiya Sichanthongthip, the mayor of Vilabouly district, Mr. Saman Aneka, LXML Managing Director, and Mr. Vanhnivone Chanthalasy, head of Vilabouly’s public works and transport, along Vilabouly District authority, contractors, village authorities, villagers, and LXML staff also participated.



This project is funded by the LXML Community Trust Fund. The road, stretching 620 meters to Nonesomboun village and 5 meters wide, extends from section 6305 on Road 28A to Huaykiang Bridge. Constructed with two layers of bitumen at a total cost of US$52,855, the completed road significantly enhances accessibility for None Somboun residents and facilitates easier transport of goods to the market for those in the Vilabouly district.



Since the Sepon operation Commenced in 2003, LXML has contributed more than US$14 million to the Community Trust Fund, benefiting local communities surrounding Sepon Mine. The annual funding has progressively increased from US$ 96,000 to US$ 750,000 per year and will continue until the mining project concludes. The fund focuses on three key areas: health, education, and agriculture, and supports public facilities such as roads, and the expansion of the power grid to remote areas.



In addition to the LXML’s Sepon Trust Fund, LXML also provides the Fund for Assistance to Disadvantage Group (FADG), utilizing a participatory development method where beneficiaries select industrious families willing to work, with decisions approved by the fund management committee. To date, LXML has contributed more than US$3,4 million to this fund since 2010.

LXML's support represents a significant investment in the community development infrastructure for the surrounding villages. The company remains committed to fostering positive and sustainable development in the local communities where it operates. 




Beijing
A7 Xiaojing, Wanfeng Road, Fengtai District, Beijing,100161, P.R.China
Shanghai
36/F, 21FC, No.8 Century Avenue, Pudong, Shanghai, 200120, P.R.China
Hong Kong
Room 1905, 19th Floor, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong

010-53232323
021-51166830
+852 26233363
IR@cfgold.com

© 2024 Chifeng Jilong Gold Mining Co., Ltd. | All Rights Reserved