Extractive Industries

It will get easier for small, rural mining operations to register with the government this month, thanks to a change in the Ministry of Energy and Mines’ policy of issuing licenses, according to a ministry statement released last week. ...

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. ...

The government said yesterday it would postpone bidding on two vacated offshore oil blocks given the low global levels of investment flowing into petroleum exploration activities. ...

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 ...

The Ministry of Mines and Energy is currently working to withdraw the licence of a copper mining company in Siem Reap province’s Chi Kraeng district that it accuses of operating illegally for more than a year. ...

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 ...

The Ministry of Mines and Energy generated a four-fold increase in non-tax revenues from extractive industries last year, collecting just over $17 million, a ministry official said yesterday. ...

Cambodia canceled two offshore licenses of Malaysia’s operator Resourceful Petroleum, due to violations of the concession agreement and not performing obligations of petroleum agreements. The two licenses were for development and operations of offshore oil Block B and Block F, which has sufficient resources of oil ...

The government cancelled two concessions for offshore oil – Block B and Block F – held by two foreign companies last year because they failed to comply with the terms of their agreements, senior officials from Ministry of Mines and Energy (MME) told Khmer Times ...

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.   ...

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 ...

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 ...

Despite a slew of global investment banks slashing their oil price forecasts this week, KrisEnergy —the Singaporean oil and gas firm with a controlling stake in Cambodia’s most promising offshore oil reserve, Block A—remains committed to helping Cambodia produce its first drop of oil, a ...

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. ...

Preah Vihear provincial authorities cracked down last week on an illegal gold mining operation occurring inside a land concession belonging to a Chinese company in Rovieng district. ...

Cambodia is unlikely to be able to produce offshore oil until prices rise, analysts say. Meng Saktheara, a spokesman for the Ministry of Mines and Energy, said he agreed with that analysis. Negotiations over production are not finalized with KrisEnergy, which must also finish its ...

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 ...

A mining exploration firm working in the remote jungles of northeastern Cambodia is using termites in its search for goldDeep in the heart of Ratanakkiri province, the earthen mounds that pepper the forest floor provide clues as to the mineral wealth that lies below. ...

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 ...

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 ...

Officials in Ratanakkiri province are preparing to take action against an illegal mining site that is said to have been operating since at least 2006 as part of ongoing efforts to reform the sector.Hun Bunthan, director of the province’s Mines and Energy Department, said that ...

The government will eliminate taxes on vehicles used by low-income families and farmers to improve their livelihoods and boost farm production, according to the bill on the national budget approved by Prime Minister Hun Sen yesterday. ...

Six of the country’s eight major gas retailers yesterday agreed to a request from the Commerce Ministry to lower the price of gas by 100 riel (about two cents) per liter for the Pchum Ben festival, as negotiations on a formula for setting a price ...

The Cambodia’s Ministry of Commerce on Thursday convened a meeting with eight major oil companies to urge them to slash oil prices as global prices have declined. ...