Asia Pacific's Somboon EIA accepted
Asia Pacific Resources Ltd APQ
Shares issued 54,399,705 2000-06-29 close $1.54
Friday Jun 30 2000
Mr. Gerald Wright reports
The Thai office of environmental planning and policy (OEPP), ministry of science and technology, has accepted the environmental impact assessment (EIA) for the Somboon project, as filed, subject to a survey of the surface area for plant and storage facilities and certification of the underground mining layout by Thai engineers.
Acceptance of the project EIA is a very significant step in the overall project permitting process and is required prior to formal application for project mining licences (Prathanabats) in Thailand.
In addition, the June 13, 2000, notification in the Government Gazette, by the ministry of industry, confirmed the special rights granted under the October, 1984, potash concession agreement between the ministry of industry, the department of mineral resources (DMR), and APPC. By virtue of the Minerals Act, BE2510, the minister of industry granted special permission to APPC for filing applications for Special Atchayabats (special exploration licences) and Prathanabats, in respect of an area of 846 square kilometres, including both the Somboon and Udon potash deposits, within the original concession area. This is a right exclusive to APPC and the notification formally allows APPC to file the required documentation to obtain the long-term mining licences for the Somboon project.
As required, APPC has formally notified the government of its intention to obtain the mining licences and the appropriate documentation is now under preparation to process the licences. Asia Pacific acknowledges the support and assistance received from OEPP, DMR and the ministry of industry as it completes the permitting requirements for the project.
The Somboon project is located near Udon Thani, Thailand, about 500 kilometres from Bangkok. The proposed potash mine will have a capacity of two million tonnes of potassium chloride per year.
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