Extractive Industries

Minerals and mineral products

Copper found at Angkor Gold mining site in Ratanakkiri

Canadian mining firm Angkor Gold Corp has discovered a new copper system during exploratory drilling of its Oyadao South licence in Ratanakkiri province, the company said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/copper-found-angkor-gold-mining-site-ratanakkiri

Jet’s mints first gold collateral plan

Local diversified company Jet’s Group has launched a new collateral option that allows would-be homeowners to buy gold bullion from Hong Kong that can be used to secure investments in its Cambodian property developments, a company executive said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/jets-mints-first-gold-collateral-plan

Riversgold to use IPO proceeds in its search for Mondulkiri gold

Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...

Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold

Four large companies bag mining licences

The Ministry of Mines and Energy has issued licences to four mining companies to extract minerals and precious metals in four provinces, according to a statement issued by the ministry. The four companies – Renaissance Minerals (Cambodia) Ltd., Kiri Resources Co. Ltd., Samnang Angkor Development Co. ...

Sum Manet
http://www.khmertimeskh.com/news/39684/four-large-companies-bag-mining-licences/

Gaps in framework open mines to graft

The Ministry of Mines and Energy’s mineral exploration licensing process is vulnerable to corruption, an independent study has found, identifying 14 potential openings for graft. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/gaps-framework-open-mines-graft

Questions linger over second accused ship

A second ship accused by the NGO Mother Nature of illegally exporting dredged ocean sand last week is expected to arrive at a port in China today with a cargo of silica sand, which is exempt from the ban, the ship’s owner said yesterday. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/questions-linger-over-second-accused-ship

Four mining licences put up for bids

The Ministry of Mines and Energy has publicly announced that companies can bid for four mining exploration permits in both Kratie and Kampot provinces, marking the first time since the ministry was formed in 2013 to issue fresh licences for private companies to investigate mineral ...

Kali Kotoski
http://www.phnompenhpost.com/business/four-mining-licences-put-bids

Emerald’s gold prospects improve

The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing its projected investment costs for extraction. ...

Kali Kotoski
http://www.phnompenhpost.com/business/emeralds-gold-prospects-improve

Emerald to issue Okvau feasibility study soon

Australian mining firm Emerald Resources is on track to complete its definitive feasibility study for its Okvau gold project in Mondulkiri province by the end of this month, the company reported in a filing on the Australian Securities Exchange (ASX). ...

Post Staff
http://www.phnompenhpost.com/business/emerald-issue-okvau-feasibility-study-soon

Canadian miner renews five licences, drops two

Canadian mining firm Angkor Gold has received approval from the Ministry of Mines and Energy to extend its exploration licences for five tenements for an additional three years with the option of extending another four years after, the company said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/canadian-miner-renews-five-licences-drops-two

Angkor Gold approves mining payout scheme

Cambodian mining firm Angkor Gold has agreed to accept payment by instalment on Mesco Gold’s final tranche for the purchase of its Phum Syarung gold mine in northeastern Cambodia, the company said in press release. ...

Post Staff
http://www.phnompenhpost.com/business/angkor-gold-approves-mining-payout-scheme

Armed illegal miners resist ministry’s efforts for regulation

Illegal miners in the remote reaches of Cambodia are repelling government inspectors with armed middlemen, the Mines and Energy Ministry said on Wednesday as it hosted its annual meeting in Phnom Penh.   ...

Sek Odom
https://www.cambodiadaily.com/news/armed-illegal-miners-resist-ministrys-efforts-for-regulation-125657/

Firms found guilty of illegal copper mining

The owners of two Chinese mining companies that attempted to transport illegally mined copper from Siem Reap province to Phnom Penh have been fined and handed suspended prison sentences, the Ministry of Mines and Energy announced on Thursday.   ...

Aun Pheap
https://www.cambodiadaily.com/news/firms-found-guilty-of-illegal-copper-mining-123372/

Angkor Gold share restored

Canadian exploration company Angkor Gold announced on Tuesday that it agreed to buy back all shares sold to investors in 2014, through its net smelter rights (NSR) scheme in the Kingdom’s first commercial underground gold mine in Phum Syarung, in Rattanakiri’s O’Yadaw district – now ...

Sum Manet
http://www.khmertimeskh.com/news/32628/angkor-gold-share-restored/

Calls to cooperate in sand export data

Civil society members and Ministry of Mines and Energy officials came together recently to discuss discrepancies in the export figures of sand from Cambodia to Singapore, after 47 NGOs wrote an open letter early this month to the ministry seeking an explanation. The letter from civil ...

Ven Rathavong and Ros Chanveasna
http://www.khmertimeskh.com/news/32210/calls-to-cooperate-in-sand-export-data/

Illegal sand dredging eradicated, Mines Ministry claims

Illegal sand dredging has been eradicated from Cambodia, but reforms are still needed, the Ministry of Mines and Energy said on Wednesday, facing mounting blowback over sand export records that differ by tens of millions of cubic meters from those kept by the U.N. ...

Kuch Naren and Ben Paviour
https://www.cambodiadaily.com/news/illegal-sand-dredging-eradicated-mines-ministry-claims-120115/

Ministry blames ‘ineffective practices’ for over $400m in missing sand

Cambodia is overcoming “ineffective practices” and should not be held to the standards of developed countries, a Commerce Ministry spokeswoman said on Tuesday amid renewed calls for the government to investigate over $400 million in unrecorded sand exports to Singapore. ...

Ben Paviour and Aun Pheap
https://www.cambodiadaily.com/news/ministry-blames-ineffective-practices-400m-missing-sand-120025/

Messy sand depots suspended

The Mines and Energy Ministry yesterday shut down six sand depots in Kandal province’s Sa’ang district for allegedly failing to “respect” a ministry directive concerning the proper transportation of sand, but they will be allowed to reopen on Wednesday if they agree to comply. ...

Mom Kunthear
http://www.khmertimeskh.com/news/31486/messy-sand-depots-suspended/

Miners ask Hun Sen to let them dig deeper

More than 500 villagers in Mondulkiri’s Chung Phlas’ mining community thumbprinted a letter sent to Prime Minister Hun Sen, and to the Ministry of Mines and Energy and its provincial counterpart, requesting that those holding a community mining licence be allowed to dig below the ...

Sen David
http://www.phnompenhpost.com/national/miners-ask-hun-sen-let-them-dig-deeper

Singapore’s data mirrors UN’s in Cambodia’s sand export numbers

Singaporean customs data on sand imports from Cambodia show near identical figures to those recorded by the UN, which last month were dismissed by a top official amid a reporting discrepancy in the hundreds of millions of dollars. ...

Alex Willemyns and Mech Dara
http://www.phnompenhpost.com/national/singapores-data-mirrors-uns-cambodias-sand-export-numbers

Emerald infill assays confirm gold at Okvau

Australian mining company Emerald Resources has found “encouraging” results from a round of infill drilling at its Okvau gold project in Mondulkiri province, the company said in a filing to the ASX yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/emerald-infill-assays-confirm-gold-okvau

Jarai say no to Ratanakiri gold mine

An insurrection led by ethnic Jarai villagers against the Kingdom’s first commercial underground gold mine, to be operated by Indian-owned Mesco Gold (Cambodia), looms over the green, serene remote hamlet of Plung, a few kilometers from the Vietnamese border, in Ratanakiri’s O’Yadaw district. ...

Sonny Inbaraj Krishnan and May Kunmakara
http://www.khmertimeskh.com/news/30569/jarai-say-no-to-ratanakiri-gold-mine/

New mining licences issued, others revoked

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

Kali Kotoski
http://www.phnompenhpost.com/business/new-mining-licences-issued-others-revoked

Ministry tells Phnom Penh to put end to digging

In the wake of recent illegal digging in the capital, Minister of Mines and Energy Suy Sem has called on the Phnom Penh city governor to stop issuing licences allowing businesses to dig soil in the city and to strengthen its enforcement on a longstanding ...

Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-tells-phnom-penh-put-end-digging

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