Extractive industries policy and administration

Phnom Penh’s mountains of garbage might be keeping the city’s lights on as early as 2015 if all goes according to plan, developers and city officials have said. Under a new proposal presented to Phnom Penh Municipal Hall last Tuesday, the Green Asia Global Corporation is ...

Cambodia is mulling over a nuclear power option to feed its anemic energy sector, although private sector pundits called the rough plan a dream – a dangerous one at that. The government plans to use atomic energy in the future as oil, coal and biomass power ...

Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...

Cambodia will push to finalise a rice-exporting bloc with four other regional countries by the end of the year in a bid to become the world’s “food basket”, according to the Ministry of Commerce. The group of countries including Cambodia, Vietnam, Thailand, Laos and Myanmar – ...

The general director of the Energy Department at the Ministry of Industry, Mines and Energy has defended Cambodia’s energy needs and its use of coal power as the country attempts to use modern technology to reduce pollution ahead of the ASEAN Senior Energy Officials’ 30th ...

Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existing independent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...

Oil production in Cambodia may not begin until 2016, or at least three years after the originally appointed date, Chevron officials reportedly said at a Ministry of Environment meeting on Friday. Government officials yesterday confirmed the feasibility of the time frame. If Chevron Overseas Petroleum Cambodia gained ...

Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...

Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...

A mining outfit in Battambang province will begin copper and silver extraction within two years, the company’s chief executive said yesterday. Wild Bull Resources, an Australian firm partnering with local miner Angkor Thumopich Resources (ATR), would join a small group of companies claiming a quick turnaround ...

An unnamed Chinese investor will put nearly US$400 million into a 300-megawatt coal-powered plant in Kampot province, officials said yesterday. The plant, slated for a November groundbreaking, will provide power for the Kampot Special Economic Zone, the nearby Prey Nob oil refinery in Preah Sihanouk province ...

A Chinese mining firm has donated about $200,000 toward the building of a new district headquarters for the ruling CPP in Preah Vihear province, officials said yesterday. Kong Makara, director of the provincial industry, mines and energy office, said that Chinese company Cambodian Iron Holding and ...

Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...

The five-day Cambodia Gems & Jewelry Fair (CGJF) will kick off on June 14 at the Diamond Island (Koh Pich) Exhibition Centre and will be hosted by the Cambodian Ministry of Commerce in association with Hong Kong’s World Trade Fair Ltd. the CGJF has attracted companies ...

Cambodian Ministry of Commerce in association with Hong Kong’s World Trade Fair (International) Limited as International sole agent), the annual national flagship jewelry fair – The 4th Cambodia Gems & Jewelry Fair (4th CGJF), will be held on June 14 to 17, 2012 at Diamond Island Convention & Exhibition Centre (Koh Pich), at the ...

The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...

Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...

Samdech Prime Minister Hun Sen appealed to the world to harmonize energy prices to food prices as food production shouldn’t outstrip the consumption of volatile fuels while food price remains stable, at the 4th workshop on food security and nutrition. Calling it “The Phnom Penh Initiative,” Prime Minister Hun Sen requested that the issue be ...

Angkor Gold Corp, a Toronto Stock Exchange-listed company, has announced the identification of five new prospects in Ratanakiri province, according to a company statement. the mining firm said it planned to consolidate its gold prospects in the northeastern corner of the country. ...

The protectionist bent of conservation groups and the development agenda of the government can come together in Cambodia to create a green economy. That is the message of a new book Conservation International (C.I.) launched yesterday in Phnom Penh, outlining practical options for saving the environment ...

Prime Minister Hun Sen yesterday blamed soaring food prices on fuel prices set by oil cartels like OPEC, appealing to oil-producing countries to pay attention to the connection between food security and energy. Cambodia imports 100 per cent of its oil, and the majority of agriculture ...

Authorities in Battambang province’s Phnom Proek district shut down eight unlicensed gold mines Saturday and Sunday after a study revealed they were producing toxic runoff blamed for the deaths of three cattle last week, officials said. Deputy governor Pech Choun said four mines in the area ...

An explosion at a steel mill in Phnom Penh’s Meanchey district left two employees seriously injured over the weekend, authorities said. Mao Saroeun, Stung Meanchey commune police chief, said that around 10pm on Sunday there was a small, loud explosion at a mill owned by the ...

A worker was slightly injured and more than US$100,000 in property destroyed yesterday in a fire at an oil factory in Kandal province’s Ang Snuol district, police said. Thach Phalla, Ang Snuol district deputy police chief, said the fire started at noon when some oil overflowed ...