Phu Quy Stone and Mineral Joint Stock Company was fined totalling VND 355 million for multiple land and mineral violations

Share this on: Hanoi, Oct 16 2024 - 10:27 PM

The Nghe An Provincial People's Committee fined Phu Quy Stone and Mineral Joint Stock Company VND 355 million for multiple land and mineral violations. These included using 1.8 hectares of production forest land for waste disposal and construction without permission, resulting in a VND 210 million fine and an additional VND 72 million for illicit gains. The company was also fined VND 8 million for failing to report a suspension of mining activities and VND 15 million for incomplete mineral reserve reports. Additionally, it was fined VND 50 million for insufficient documentation of annual extraction volumes.


The Nghe An Provincial People's Committee fined Phu Quy Stone and Mineral Joint Stock Company VND 355 million for multiple land and mineral violations. These included using 1.8 hectares of production forest land for waste disposal and construction without permission, resulting in a VND 210 million fine and an additional VND 72 million for illicit gains. The company was also fined VND 8 million for failing to report a suspension of mining activities and VND 15 million for incomplete mineral reserve reports. Additionally, it was fined VND 50 million for insufficient documentation of annual extraction volumes.



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