Extractive Industries

Minerals and mineral products

Geopacific’s mine purchase terms amended

An Australian mining firm exploring a significant copper and gold deposit in northern Cambodia has reached an agreement with the tenement’s former owner to amend the terms of its 2013 acquisition of the project, it said this week. ...

Cam McGrath
http://www.phnompenhpost.com/business/geopacifics-mine-purchase-terms-amended

Australian gold miner divests Cambodian subsidiary

Australia-listed Southern Gold has completed its divestment of its Cambodia’s subsidiary Southern Gold Asia, saying there was little interest among its investors in the company and that it would focus on its Cannon gold mine in Western Australia, according to a press release from the ...

May Kunmakara
http://www.khmertimeskh.com/news/21152/australian-gold-miner-divests-cambodian-subsidiary/

Villagers worry despite mining company promises

An Indian company planning to extract 500 tons of rock per day from beneath Pheak village in O Yadauv, Ratanakiri this year has promised locals, again, that their digging will have little effect on the mine’s surrounding forest and homes, and that they will replace ...

Aisha Down
http://www.khmertimeskh.com/news/20549/villagers-worry-despite-mining-company-promises/

Chinese mining firm suspended after attempted illegal export

The Siem Reap provincial department of mines and energy on Thursday ordered the temporary suspension of operations of a Chinese copper-mining firm that was caught transporting 40 tons of copper to Phnom Penh, though their licenses expired more than a year ago.   ...

Aun Pheap
https://www.cambodiadaily.com/news/chinese-mining-firm-suspended-after-attempted-illegal-export-105678/

Siem Reap copper mine shut down

A copper mine in Siem Reap province’s Chi Kreng district was closed down last Thursday over allegations that its parent company has been running the site with an expired license. The investigation into Meng Xin Hong Fa (Cambodia) Resources Investment Co. Ltd. is being led ...

Chea Vannak
http://www.khmertimeskh.com/news/20048/siem-reap-copper-mine-shut-down/

Officials raid four ‘anarchic’ gold mines in Prey Lang forest

About 70 officials raided four illegal gold mines in Kompong Thom province’s Sandan district on Wednesday but made no arrests as all the camps had been abandoned, officials said on Thursday. ...

Ben Sokhean
https://www.cambodiadaily.com/news/officials-raid-four-anarchic-gold-mines-in-prey-lang-forest-103865/

Gov’t says Chinese gold mine in Mondolkiri needs local consent

An official at the Ministry of Mines and Energy has confirmed that a Chinese company is applying for a license to extract gold from a 100-hectare plot in Mondolkiri province, but insisted that the project would only go forward with the consent of local, small-scale ...

Kuch Naren
https://www.cambodiadaily.com/news/govt-says-chinese-gold-mine-in-mondolkiri-needs-local-consent-103029/

Mining firms gear up for big season

With the rainy season petering out, mining companies are gearing up to resume full operations on prospects in northern and eastern Cambodia, with investors keeping a close watch as firms push to expand their resource estimates and the country prepares to open its first royalty-bearing ...

Cam McGrath
http://www.phnompenhpost.com/business/mining-firms-gear-big-season

Mesco set to draw first gold from Ratanakkiri mine

Mesco Gold has established the required surface-level infrastructure and is awaiting government approval to begin the extraction of gold at its Phum Syarung mine in Ratanakkiri province, the company’s director said yesterday.The Indian mining firm is poised to become the first operational commercial mine in ...

Cam McGrath
http://www.phnompenhpost.com/business/mesco-set-draw-first-gold-ratanakkiri-mine

Police raid 3 Ratanakkiri gold mines

Police on Thursday raided three illegal gold mines in Ratanakkiri province’s Lumphat district believed to have been operated by undocumented Vietnamese migrants, but made no arrests as all the camps had been abandoned, possibly just hours earlier. ...

Khuon Narim
https://www.cambodiadaily.com/news/police-raid-3-ratanakkiri-gold-mines-95428/

Cambodian official urges provincial government to shutter illegal gold mine

A top mining official on Wednesday urged the government of northeastern Cambodia’s Ratanakiri province to crack down on a group of Vietnamese running an illegal gold mining operation villagers and rights groups say is being protected by local authorities. ...

Ratha Visal, Hang Savyouth and Sort Sokphrana
http://www.rfa.org/english/news/cambodia/mine-09232015163105.html

Thai cement giant to invest $300m in Cambodia

Thailand’s largest cement producer, Siam Cement Group (SCG), plans to invest up to $300 million to increase its production capacity in Cambodia over the next five years in a bid to take advantage of booming domestic demand, a company official said Monday. ...

Kang Sothear
https://www.cambodiadaily.com/business/thai-cement-giant-to-invest-300m-in-cambodia-92400/

Going straight in the 'forest of gold'

Until recently, the illegal mining community at the remote village of Poutung did their digging at risk of arrest. They have since become the first to be given official sanction. But operating under the law has its own challengesUntil a month ago, Poutung village was ...

Alice Cuddy and Phak Seangly
http://www.phnompenhpost.com/post-weekend/miners-going-straight-mondulkiris-forest-gold

PFS lowers capital cost estimates for Renaissance’s Cambodia gold project

The PFS estimated that the project would require capital investment of $120-million, which was down from the $133-million estimated in the 2014 scoping study, while life-of-mine cash costs also decreased from the $735/oz estimated in the scoping study, to $684/oz. ...

Esmarie Swanepoel
http://www.miningweekly.com/article/pfs-lowers-capital-cost-estimates-for-renaissances-cambodia-gold-project-2015-07-27

RCAF officers behind illegal mine operation

The director of the Mondolkiri provincial mines and energy department Tuesday identified the operators of an illegal gold mine that was shut down last week as Royal Cambodian Armed Forces officers. ...

Aun Pheap
https://www.cambodiadaily.com/news/rcaf-officers-behind-illegal-mine-operation-85287/

Energy Ministry to decentralise licensing miners

The Ministry of Mines and Energy has decided to decentralise the process for small-scale miners and dredgers to obtain licences, with the government now permitting provincial authorities to directly issue licences to operators without ministerial oversight. Speaking at a meeting on the new measures, Dith Tina, ...

Taing Vida and Ethan Harfenist
http://www.phnompenhpost.com/national/energy-ministry-decentralise-licensing-miners

Mining firms still working despite ban

Four mining companies digging stone in Banteay Meanchey province that are purportedly owned by a military commander and other officers have carried on mining despite a government ban. ...

Phak Seangly
http://www.phnompenhpost.com/national/mining-firms-still-working-despite-ban

Mining official denies graft

Officials from the Ministry of Mines and Energy checked on a quarry in Kampot province for the second time yesterday amid allegations it is operating illegally thanks to local corruption. The quarry, which is owned by husband and wife Hok Chhenda and Tep Sokha, was ...

Sen David
http://www.phnompenhpost.com/national/mining-official-denies-graft

Illegal mining op halted in preserve

Pailin provincial authorities are searching for a suspect who allegedly commissioned the excavation of a gold mine on land the protection of which is funded by the foundation of American actress Angelina Jolie. Provincial environmental police are holding three men at a spot where they were ...

Phak Seangly
http://phnompenhpost.com/national/illegal-mining-op-halted-preserve

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