Extractive Industries

Minerals and mineral products

First mine licensed to draw gold

In a milestone for Cambodia’s nascent mining industry, the government has issued the first commercial mining licence to Mesco Gold, giving the Indian mining firm a green light to extract and process ore at its gold project in Ratanakkiri province, industry sources said yesterday. The landmark ...

Cam McGrath
http://www.phnompenhpost.com/business/first-mine-licensed-draw-gold

Indian mining firm prepares to dig deep in Ratanakiri

The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...

Aisha Down and Kang Sothear
https://www.cambodiadaily.com/news/indian-mining-firm-prepares-dig-deep-ratanakkiri-117474/

Angkor Gold hits the jackpot

Angkor Gold Corp., a Canada-based mineral exploration company with operations in Cambodia, has completed its exploration and analysis of ground samples at its Koan Nheak site in Mondulkiri province. Around 31.8 grams per ton (g/t) of gold were found in the samples, according to a ...

Sum Manet
http://www.khmertimeskh.com/news/28560/angkor-gold-hits-the-jackpot/

Emerald’s gold search heads to fresh territory

Australian mining firm Emerald Resources is preparing to commence first-pass test drilling on its O’Rman prospect in northeastern Cambodia, where soil assays from augur samples have indicated the presence of gold mineralisation, the company said in its latest quarterly report.   ...

Post Staff
http://www.phnompenhpost.com/business/emeralds-gold-search-heads-fresh-territory

Emerald to absorb Renaissance in merger

Australian mining firms Emerald Resources and Renaissance Minerals have agreed to merge in an all-stock deal that aims at creating synergies to develop gold projects in northeastern Cambodia, the companies said in a joint announcement yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/emerald-absorb-renaissance-merger

A $50M copper mine at Kou Sa site envisaged

Australian-listed mining firm GeoPacific announced its first resource estimate on its copper-gold project in northern Cambodia, estimating 51,000 tonnes of copper equivalent at two adjacent prospects on its Kou Sa project site. ...

Post Staff
http://www.phnompenhpost.com/business/50m-copper-mine-kou-sa-site-envisaged

Local gold sales spike following Brexit vote

Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote

Gold mine license suspended again

A Vietnamese-owned gold mine in Battambang province’s Phnom Prek district failed to acquire an operating license from the Ministry of Mines and Energy yesterday after failing to meet their guidelines, according to officials. ...

Chea Vannak
http://www.khmertimeskh.com/news/26377/gold-mine-license-suspended-again/

Making precious stones shine globally

The Cambodia Gems and Jewelry Traders Association (CGJTA) urged their non-association counterparts in Siem Reap to come into their fold to ensure the Kingdom’s precious stone industry maintains quality and standards that are on par internationally. This, the CGJTA said, will attract more international buyers ...

Chea Vannak
http://www.khmertimeskh.com/news/26271/making-precious-stones-shine-globally/

JOGMEC to explore for gold in Ratanakkiri

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/jogmec-explore-gold-ratanakkiri

Giant coal plant taking shape in Sihanoukville

Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry of Mines and Energy. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/giant-coal-plant-taking-shape-sihanoukville

Royal Group gets exclusive steel deal from Posco

Yong Sheng Global Trading, a subsidiary within the Royal Group conglomerate, signed an exclusive partnership agreement with Posco SS-Vina, a Vietnamese-based steel company, for exclusive distribution rights of construction materials on Tuesday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/royal-group-gets-exclusive-steel-deal-posco

Ethnic community rejects mineral exploration

Exploration company Angkor Gold Corp is working with NGOs to educate residents of Pate commune’s Plang village in Ratanakiri’s Ou Ya Dav district after villagers refused to give the company permission to explore for gold on their land. ...

Ven Rathavong
http://www.khmertimeskh.com/news/25519/ethnic-community-rejects-mineral-exploration/

New firm seeks to enter gold trading

Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives. With a registered capital of $5 million, Lawrence Kook, Director of Golden FX Link, said that the company received a license in principle from the Securities and ...

Cheng Sokhorng and Kali Kotoski
http://www.phnompenhpost.com/business/new-firm-seeks-enter-gold-trading

Ministry findings hint at illegal gold mining in Ratanakkiri

An investigating team from the Ministry of Mines and Energy has concluded that evidence at Chhay Ching Heang Group’s operations in Ratanakkiri province seemingly points to illegal gold mining, though lab results from minerals extracted by the company are still pending, according to a ministry ...

Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-findings-hint-illegal-gold-mining-ratanakkiri

Australian firms in JV for exploratory drilling

Renaissance Minerals and Emerald Resources finalised a joint venture agreement and commenced exploratory drilling near the Okvau gold deposit in Mondulkiri province. ...

Post Staff
http://www.phnompenhpost.com/business/australian-firms-jv-exploratory-drilling

Blue river buys into Cambodian gold hunt

Canadian mineral exploration company Angkor Gold Corp has signed an agreement with Vancouver-based junior mining firm Blue River Resources Ltd to fund exploration of its gold prospects in northeastern Cambodia, the company said in a press release yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/blue-river-buys-cambodian-gold-hunt

Geopacific reports solid year at Kou Sa project

Australian mining firm Geopacific Resources Ltd completed a successful and productive drilling season last year at its Kou Sa gold and copper project in northern Cambodia, the firm said in its annual report, released yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/geopacific-reports-solid-year-kou-sa-project

Australian police expand Cambodia probe of OZ minerals

Authorities in Australia have expanded the scope of their investigation into bribery allegations involving the relatives of Cambodian government officials and the former Cambodian operations of Australian miner OZ Minerals, the firm has announced.   ...

Zsombor Peter
https://www.cambodiadaily.com/news/australian-police-expand-cambodia-probe-of-oz-minerals-111397/

Battambang man dies in old gold-mining pit

Conflicting versions of events emerged yesterday after a Battambang man was found dead in a disused gold-mining pit in the province’s Phnom Proek district.   ...

Niem Chheng
http://www.phnompenhpost.com/national/battambang-man-dies-old-gold-mining-pit

Emerald takes a new direction with Cambodia gold JV

ASX-listed Emerald on Wednesday announced that it had signed a farm-in and joint venture (JV) agreement with fellow-listed Renaissance Minerals to earn a majority interest in a Cambodian gold project. ...

Esmarie Swanepoel
http://www.miningweekly.com/article/emerald-takes-a-new-direction-with-cambodia-gold-jv-2016-03-30

Geopacific shines on latest test drill results

Australian mining firm Geopacific Resources Ltd has made a new discovery of high-grade gold and silver mineralisation during exploratory drilling at a remote site in northern Cambodia, the company said in an announcement yesterday.   ...

Cam McGrath
http://www.phnompenhpost.com/business/geopacific-shines-latest-test-drill-results

Unlicensed Battambang goldmine shut down again, officials say

An unlicensed goldmine in Battambang province’s Phnom Proek district has been shut down again, officials and an investigator with rights-group Adhoc said. ...

Pav Suy
http://www.khmertimeskh.com/news/22396/unlisensed-battambang-goldmine-shut-down-again--officials-say/

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