Accordingly, Yen Bai Jewelry and Gold Joint Stock Company (headquartered in Ngoi Ken village, Lieu Do commune, Luc Yen district, represented by Mr. Nguyen Ngoc Kim - Chairman of the Board of Directors and Director), committed 4 violations including dumping waste onto the mountain slope that did not match the position in the approved mine design. This behavior was fined VND 120 million by the authorities.
Next, instead of exploiting "from top to bottom" after creating a +140 m site as designed, the company has exploited "from top to bottom" at two mountain peaks in the Northeast and Southeast (according to the current status map in December 2024 and on-site inspection). The Company's actions were fined VND 120 million.
The project to build a white-flower stone quarry in Lieu Do commune of this unit does not have an Environmental License as prescribed. The Provincial People's Committee fined this behavior VND320 million.
At the same time, the illegal waste generation activities for 4.5 months were suspended for Yen Bai Jewelry and Gold Joint Stock Company.
In addition, the company's blasting machine was last inspected on October 26, 2023 and expired on October 26, 2024 but will continue to be used. The act was fined 40 million VND.
In addition to administrative sanctions, the People's Committee of Yen Bai province requires Yen Bai Jewelry and Gold Joint Stock Company to excavate the entire volume of soil and rock that have been dumped in the wrong location. Transport and dump to the correct location according to the approved mine design within 60 days from the date of receipt of the decision.
The company also had to temporarily suspend exploitation and was only allowed to continue when it ensured compliance with the "from bottom to top" order. The entire cost of organizing the implementation of remedial measures will be paid by the enterprise itself.
