On Monday, 8 April 2024, Autoridade Nacional dos Minerais, I.P. (ANM, I.P.) handed over four (4) Mineral Permits to companies engaging in Mining Activities including Asmaber Unip. Lda, Gali’s Bro Unip. Lda, Caiulu Unip. Lda and King Construction Lda. The companies have complied with the requirements for mineral permit procedures set forth under Law no.12/2021 of 30 June, on Mining Code. The Mineral Permit is issued for the following four (4) Concession Areas:
1. Asmaber Unip. Lda: Lauhata river, Aldeia Pissu Leten, Suco Lauhata, Posto Administrativo Bazartete, Municipio Liquiça.
2. Gali’s Bro Unip. Lda: Be’e Foer river, Aldeia Kunsing, Suco Bocolelo, Posto Administrativo Laulara, Municipio Aileu.
3. Caiulu Unip. Lda: Laclo river, Aldeia Laclo, Suco Dato, Posto Administrativo Liquiça, Municipio Liquiça.
4. King Construction Lda: Aiasa river, Aldeia Lotin, Suco Daisua, Posto Administrativo Same, Municipio Manufahi.
The Company underlined its commitments to conduct Mining Activities in accordance with the approved mining proposals, with conditions applied, and in compliance with applicable legislations in Timor-Leste. Moreover, the companies as Holder of Mineral Rights will ensure great collaborations with Regulatory Authority in carrying Mining Activities.