Extractive Industries

Extractive industries policy and administration

Woman tried for insulting RCAF mining tycoon

The Phnom Penh Municipal Court on Monday heard the case of a woman charged with defaming mining magnate and RCAF Lieutenant General Nim Meng in relation to a land dispute in Preah Sihanouk province. Presiding Judge Kim Dany said that Sok Neang Gek was being charged ...

Eang Mengleng
http://www.cambodiadaily.com/news/woman-tried-for-insulting-rcaf-mining-tycoon-54433/

Angry villagers block dusty quarry road in Takeo province

About 300 angry villagers blocked a dusty road in Takeo province’s Bati district on Friday, demanding that three quarrying firms follow through on promises to pave it, a local official said Sunday. The villagers are unhappy that the quarrying firms’ trucks kick up massive amounts of ...

Eang Mengleng
http://www.cambodiadaily.com/news/angry-villagers-block-dusty-quarry-road-in-takeo-province-53403/

No oil for up to five years: Cambodian government

It will be years before oil starts to be produced by energy giant Chevron’s offshore site in the Gulf of Thailand, a senior Cambodian official said yesterday. Meng Saktheara, secretary of state at the Ministry of Mines and Energy, said that negotiations over taxation have continued ...

Daniel de Carteret
http://www.phnompenhpost.com/business/no-oil-five-years-cambodian-government

Villagers allege illicit mining by Chinese, Vietnamese firms

More than 600 families of ethnic Tumpuon villagers from Taveng district on Monday filed complaints with Ratanakkiri authorities and rights group Adhoc seeking a halt to illegal mining of gold by two companies. ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-allege-illicit-mining-chinese-vietnamese-firms

Brighton to buy Indonesia manganese, Cambodia gold projects

ASX-listed junior Brighton Mining Group on Wednesday announced that it would buy two unlisted companies to gain control of high-grade manganese project in Indonesia, and gold projects in Cambodia. Brighton Mining holds a 70% shareholding in Summer Gold Investments, which holds two mineral concession areas ...

Creamer Media's Mining Weekly News Staff
http://www.miningweekly.com/article/brighton-to-buy-indonesia-manganese-cambodia-gold-projects-2013-12-04

Man dies in illegally dug gold mine

A 31-year-old man was killed on Monday when part of an illegally dug gold mine collapsed in Battambang’s Phnom Proek district, commune officials said yesterday. Bon Boern, 31, died at the scene, while Ath Kri, 21, was treated at the provincial hospital for a head injury, ...

Sen David
http://www.phnompenhpost.com/national/man-dies-illegally-dug-gold-mine

Cambodia 'Still in Block A talks with Chevron'

The Royal Cambodian government is continuing talks with US major Chevron regarding the delayed Block A offshore project that would be the Asean member nation’s first indigenous hydrocarbon development. In August 2010, eight years after being awarded the block, Chevron issued a declaration of commerciality and ...

Upstream Online Staff
http://www.upstreamonline.com/live/article1345016.ece

Villagers fight mining venture

Nearly 70 representatives from 278 families in Preah Vihear’s Rovieng district are seeking intervention after a national mining company began drilling on their farmland last week, locals said yesterday. According to villager Yean Bunchan, 47, representatives from a company based in Kandal province called T P ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-fight-mining-venture

Government Expects 14.5 Percent Rise in State Revenue

The government plans to raise $3.51 billion in state revenue in 2014 in order to finance a $3.4 billion draft budget, an increase of about 14.5 percent compared to the previous year, when the government raised $2.98 billion in revenue, according to a draft of ...

Hul Reaksmey
http://www.cambodiadaily.com/news/government-expects-14-5-percent-rise-in-state-revenue-46807/

Oil and gas giant Chevron rotates local personnel

After two and a half years, Chevron’s Cambodia country manager, Steve Glick, will move on from his position in what the oil and gas giant called a routine rotation, according to a statement released yesterday. Glick, who came to the job in 2011, will be “taking ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/oil-and-gas-giant-chevron-rotates-local-personnel

Canada's Angkor Gold completes initial exploration in Ratankiri

Canada’s Angkor Gold Corp announced Wednesday the completion of preliminary exploration on its Blue Lizard prospect in the South Oyadao exploration lease in Ratanakiri province. A statement said termite-sampling crews encountered the prospect as artisanal workings and that the company had collected and analyzed more than ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NThkYjUwZjNmNjg

Farmers Accuse Mining Company of Threatening Land Grab

Some 300 farmers protested for a second day at their local commune office in Preah Vihear province Thursday against a mining company they accuse of threatening to steal their land unless they accepted its compensation offer to relocate. The Ministry of Industry, Mines and Energy granted ...

Aun Pheap
http://www.cambodiadaily.com/news/farmers-accuse-mining-company-of-threatening-land-grab-48209/

Cambodia Wants Sinopec to Build Oil Refinery by 2018

Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...

Oil and Gas Industry Latest News Staff
http://www.oilandgaseurasia.com/en/news/cambodia-wants-sinopec-build-oil-refinery-2018

Geopacific Resources to update capital raising for copper project in Cambodia

Geopacific Resources (ASX: GPR) is in pre-open following the ASX granting the company a trading halt, pending an announcement regarding a proposed capital raising in the form of a placement to sophisticated investors. Geopacific is focused on the highly prospective Kou Sa copper project in Cambodia, ...

John Phillips
http://www.proactiveinvestors.com.au/companies/news/49047/geopacific-resources-to-update-capital-raising-for-copper-project-in-cambodia-49047.html

Indochine raises A$5.5m, sells 85% of Cambodia gold assets

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08

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