Extractive Industries

Kingdom produces 137kg of gold dore bars

Australian miner Renaissance Minerals (Cambodia) Ltd has produced 137kg dore bars with 90 per cent gold solution, in just over a month since it kicked off commercial operations of its flagship gold mine in northeastern Cambodia’s Mondulkiri province, according to Prime Minister Hun Sen on ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-produces-137kg-gold-dore-bars

Focus shifts to onshore oil and gold mining as offshore exploration stumbles

The Kingdom has a golden future in spite of the crude reality that there may be no more oil extracted from its waters in the near term, according to Prime Minister Hun Sen.​ ...

Michael Firn
https://www.khmertimeskh.com/50907152/focus-shifts-to-onshore-oil-and-gold-mining-as-offshore-exploration-stumbles/

US orders seizure of illegal oil tanker bound for North Korea that was detained by Cambodia

The United States Department of Justice has ordered the confiscation of a Singaporean oil tanker that it alleges was used for illegal oil shipments to North Korea, which is currently being held in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/50905550/us-orders-seizure-of-illegal-oil-tanker-bound-for-north-korea-that-was-detained-by-cambodia/

Six people arrested for operating illegal marble mining

Stung Treng authorities have cracked down on illegal marble mining and arrested six people in Thala Boriwat district. ...

Yin Soeum
https://www.khmertimeskh.com/50900965/six-people-arrested-for-operating-illegal-marble-mining/

First commercial gold mine online

Australian miner Renaissance Minerals (Cambodia) Ltd on June 21 began the commercial operation of its $120 million Okvau Gold Project in the northeastern province of Mondulkiri, becoming the Kingdom’s first gold producer. ...

Thou Vireak
https://www.phnompenhpost.com/business/first-commercial-gold-mine-online

Kingdom’s oil dreams live on even after driller files for liquidation

KrisEnergy Ltd, the operator of the Apsara oil field development offshore Cambodia, has confirmed that all operations of its subsidiary in Cambodia, KrisEnergy (Cambodia) Ltd, will continue as normal, despite its parent company filing for liquidation on June 4, according to a senior official of ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-oil-dreams-live-even-after-driller-files-liquidation

Kingdom gets over $21M in fees, royalties from mining sector

Cambodia generated more than $21 million in non-fiscal revenue from the mining sector in 2020, up slightly from the previous year. ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-gets-over-21m-fees-royalties-mining-sector

First crude oil shipment due this month

Singapore-based KrisEnergy will make its first shipment of crude oil to international markets this month with a batch of up to 300,000 barrels, according to Cheap Sour, director-general of Petroleum at the Ministry of Mines and Energy. ...

Chea Vanyuth
https://www.khmertimeskh.com/50859589/first-crude-oil-shipment-due-this-month/

Mineral exploration firm to work with ethnic minorities

Canada-based Angkor Resources Corp – formerly Angkor Gold Corp – has entered into a “ground-breaking” collaborative engagement with Ratanakkiri province’s Jarai minority ethnic communities on the Andong Meas licence. “The agreement covers exploration through mining and also includes reclamation,” Angkor said in a May 4 press ...

Thou Vireak
https://www.phnompenhpost.com/business/mineral-exploration-firm-work-ethnic-minorities

KNPG Investment gets Koh Kong sand-mining licence

KNPG Investment Co Ltd obtained a licence to mine silica sand in Koh Kong province’s southwest, at a site previously operated by Sibelco (Cambodia) Co Ltd. Deputy provincial governor Ouk Pheaktra led a virtual meeting on May 13 to discuss with company representatives the results ...

Thou Vireak
https://www.phnompenhpost.com/business/knpg-investment-gets-koh-kong-sand-mining-licence

របាយការណ៍​របស់​ NSAI៖​ ឱកាស​តិចតួច​បំផុត​ដែល​ការ​ផលិត​ប្រេង​ឆៅ​អប្សរា​នឹង​ប្រសើរ​ឡើង​

​ក្រុមប្រឹក្សា​ និង​ពិគ្រោះ​យោបល់​ភាគី​ទី​បី​ NSAI​ ដែល​បាន​ជួល​ឱ្យធ្វើ​ការ​វិភាគ​អណ្តូងប្រេង​អប្សរា​បាន​បង្ហាញ​ថា​ អណ្តូងប្រេង​ចំនួន​ ៥​ របស់​ក្រុមហ៊ុន​ KrisEnergy​ នៅ​ឯ​ឆ្នេរសមុទ្រ​ក្រុងព្រះសីហនុ​មានឱកាស​តិចតួច​ក្នុង​ការ​ផលិត​ប្រេង​។​  ...

Brian Badzmierowski
https://www.khmertimeskh.com/50847572/nsai-report-little-to-zero-chance-of-apsara-crude-production-will-improve/

Government ‘calm’ as KrisEnergy stumbles

As KrisEenergy struggles to stay afloat, reports of investor “vultures” targeting purchasing the company’s assets have appeared, while the local government remains cautiously optimistic about the conundrum, noting that operations in the Khmer Basin are still “running smoothly”. ...

Husain Haider
https://www.khmertimeskh.com/50845534/government-calm-as-krisenergy-stumbles/

KrisEnergy approaches end of the line

KrisEnergy’s oil production dreams in the Khmer Basin appear to be dead in the water after the oil and gas company revealed it was not able to form a viable debt restructuring plan and will lose its revolving line of credit from Singapore-based DBS Bank. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50842923/krisenergy-approaches-end-of-the-line/

Indebted oil company reports lower-than-expected oil at Cambodian block

KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...

Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/

Gold production expected later this year

In the wake of oil production starting in Cambodia, the nation is also placing high hopes of becoming a gold producing country, with the first mining of the precious metal due to start later this year than originally planned. ...

Chea Vanyuth
https://www.khmertimeskh.com/50807498/gold-production-expected-later-this-year/

Two firms get priority rights to mines

The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...

Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines

Exploration permits for gold-polymetallic mines offered

The Ministry of Mines and Energy on Monday put on offer concession licences for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. It said the areas of tenement are 107.10sq km in Tbong Khmum’s eastern Memot district and 100sq km ...

Thou Vireak
https://www.phnompenhpost.com/business/exploration-permits-gold-polymetallic-mines-offered

Applications for mining rights open

The Ministry of Mines and Energy has opened applications for both national and international companies to apply for licensing rights in two mining concession areas. ...

Huon Dina
https://www.khmertimeskh.com/50762061/applications-for-mining-rights-open/

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