Extractive Industries

Gov’t calls for new mining exploration bids

The Mine and Energy Ministry has called on local and foreign companies to bid for mining exploration licences. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50705869/govt-calls-for-new-mining-exploration-bids/

Emerald Resources, Sprott enter credit agreement

Australia-listed Emerald Resources NL has entered into an investment committee approved term sheet with Sprott Private Resource Lending II LP to provide a $60 million facility that will be used to finance the Okvau Gold Project in Mondulkiri. ...

May Kunmakara
https://www.phnompenhpost.com/business/emerald-resources-sprott-enter-credit-agreement

Oil deal expected with Canadian firm

The government and Canadian firm EnerCam Co will soon sign an oil exploration agreement for Block VIII in Preah Sihanouk province, a senior official at the General Department of Petroleum said on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/oil-deal-expected-canadian-firm

As KrisEnergy gears up to produce Cambodia’s first drop of oil, it has been besieged by creditors

The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...

Khmer Times Staff
https://www.khmertimeskh.com/50693541/as-krisenergy-gears-up-to-produce-cambodias-first-drop-of-oil-it-has-been-besieged-by-creditors

KrisEnergy to sell Vietnam oil block and focus on diversion to Cambodia field

Singaporean oil and gas company KrisEnergy has decided to give up one of its oil exploration blocks in Vietnam to focus on its operations in Cambodia. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50692143/krisenergy-to-sell-vietnam-oil-block-and-focus-on-diversion-to-cambodia-field

Chinese company granted licence to explore Block D

Chinese-owned Cambodian Resources Energy Development Co Ltd has been granted a three-year exploration licence in the Gulf of Thailand’s Block D, off the coast of Cambodia, a senior official at the General Department of Petroleum told The Post on Thursday. ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-company-granted-licence-explore-block-d

Black gold on the horizon

The Ministry of Mines and Energy signed  a petroleum agreement with Cambodia Resources Energy Development Co on exploration of the offshore Block D oilfield. “Signing the agreement allows the company to conduct studies and search for oil in Block D,” Cheap Sour, director-general of Petroleum ...

Chea Vannak
https://www.khmertimeskh.com/50690818/black-gold-on-the-horizon

Hopes for a glittering future: Ministry

Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, is scheduled next year to begin mining gold in Cambodia’s Mondulkiri province, according to the Ministry of Mines and Energy. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50690819/hopes-for-a-glittering-future-ministry

Okvau gold project funding to add $51M

Australian-listed mining firm Emerald Resources NL on Monday announced plans to raise A$75 million (US$51 million) in funds for its Mondulkiri-based Okvau gold project with two placements of 1.875 billion new shares. The first is an unconditional placement for approximately A$30.5 million and the second ...

Thou Vireak
https://www.phnompenhpost.com/business/okvau-gold-project-funding-add-51m

LNG imported from China to Cambodia

Local business Cambodian Natural Gas Co Ltd and Chinese firm CNOOC Gas Power Group Co Ltd teamed up in importing liquefied natural gas (LNG) to distribute within Cambodia’s market. The company’s officers said the cooperation is to import the LNG to supply  demand in the ...

Chea Vannak
https://www.khmertimeskh.com/50680059/lng-imported-from-china-to-cambodia

Dredging suspended in Banteay Srei district

Sand-dredging was suspended in Siem Reap province’s Banteay Srei district on Monday after it was found that unlicensed operations had polluted creeks, leaving fish dead and impacting residents. Banteay Srei district governor Khim Finan told The Post on Tuesday that it had been found that ...

Voun Dara
https://www.phnompenhpost.com/national/dredging-suspended-banteay-srei-district

Public bidding for mining licences starts

The Ministry of Mines and Energy announced public bidding for mine exploration, calling on local and foreign companies to apply. The move is made as the first commercial gold mine extraction is scheduled this year. ...

Chea Vannak
https://www.khmertimeskh.com/50679846/public-bidding-for-mining-licences-starts

United States shows interest in energy sector

Ambassador Patrick Murphy has expressed willingness to push private investors in the United States to work with the Kingdom’s oil and gas sector, so long as Cambodia is keen to coordinate with them. ...

Sun Mesa
https://www.khmertimeskh.com/50671915/united-states-shows-interest-in-energy-sector

Energy officials get training on oil inspections

The Ministry of Mines and Energy yesterday provided its first-ever training to 216 provincial and ministry officials to increase their knowledge on the inspection of the Kingdom’s oil industry. ...

Sun Mesa
https://www.khmertimeskh.com/50666476/energy-officials-get-training-on-oil-inspections/

Kratie authorities inspect gold mine following fish deaths

The Kratie Provincial Mines and Energy Department yesterday inspected a Chinese gold mining company following reports of dead fish found in a nearby river.​ Villagers believe that the fish died after toxic sludge from the mine in Sambor district flowed into the river following heavy rain ...

Khuon Narim
https://www.khmertimeskh.com/50664306/kratie-authorities-inspect-gold-mine-following-fish-deaths/

Council of Ministers greenlights Australian firm’s gold mine

Tuesday’s approval from the Council of Ministers has given Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, the go-ahead to commence mining for gold next year, following the signing of a Minerals Investment Agreement (MIA). ...

Gerald Flynn
https://www.khmertimeskh.com/50664413/council-of-ministers-greenlights-australian-firms-gold-mine/

Contaminated stream leads to water scarcity

Some 100 families are left with no access to clean water after fish were spotted dead at their water sources – the O’Droun and O’Kles Klork streams – in Sambor district’s Kbal Damrei commune, Kratie province, O’Por village chief Sok Yoeun said on Tuesday. ...

Long Kimmarita
https://www.phnompenhpost.com/national/contaminated-stream-leads-water-scarcity

Firm asked to pay fine for illegally mining in K Speu

Kampong Speu provincial authorities will once again allow Sok Chanly Co Ltd to mine marble in Oral district’s Trapaing Chor commune if the company pays a fine of 50 million riel ($12,500) after the authorities earlier detained five individuals who were caught mining without a ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/firm-asked-pay-fine-illegally-mining-k-speu

Five nabbed over marble quarrying in protected area

Kampong Speu provincial police yesterday arrested three Cambodians and two Vietnamese nationals who allegedly quarried for marble in a protected area in Oral district.​ ...

Khy Sovuthy
https://www.khmertimeskh.com/50664280/five-nabbed-over-marble-quarrying-in-protected-area/

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