Extractive Industries

Renaissance Minerals (ASX:RNS) has commenced first pass drilling at the Area 1 gold Prospect located 3 kilometres from its 1.2 million ounce Okvau Deposit in Cambodia. An initial 3,500 metres of reverse circulation drilling has been planned to confirm geological interpretation and test for shallow mineralisation beneath ...

Renaissance Minerals (ASX: RNS) should trade higher after revealing impressive follow-up drilling results from its Okvau gold project in Cambodia. Notable results included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres. These results ...

The progress in the project to build the Belarus tractor assembly plant in Cambodia was discussed in a meeting between Belarusian Ambassador to Russia Igor Petrishenko and Ambassador of the Kingdom of Cambodia to Russia Thay Vanna, BelTA learnt from the press service of the ...

Hun Sen’s army of student land measurers may have marked ground for them in 2012, but representatives of about 20 ethnic families in Ratanakkiri province said yesterday that their combined 50 hectares of land has now been invaded by hordes of families digging for gems. Chhay ...

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. ...

Cambodia imported 1.4 million tonnes of petroleum in the first eleven months of 2013, down 2 percent from the 1.43 million tonnes a year earlier, the data of the Commerce Ministry showed Sunday. During the January-November period, the country spent about 1. 34 billion U.S. dollars ...

Tuk-tuk, motorbike and taxi drivers were among hundreds of workers from Cambodia’s “informal economy” who called on the government yesterday to cap fuel prices at 4,000 riel ($1) per litre, amid claims that the current 5,000 riel price leaves them unable to cover any more ...

Cambodian lawmakers on Friday endorsed the setting up of a new ministry specifically in charge of mines and energy, in the hope that oil and gas production will finally get under way in the next couple of years. The new Ministry of Mines and Energy will ...

Prime Minister Hun Sen was scheduled to meet with Japanese counterpart Shinzo Abe in Tokyo on Sunday, a day after Japan and the member states of Asean agreed to ensure “freedom of overflight” in the region. The agreement will likely be taken as an affront by ...

In a remote part of Ratanakkiri, Lan Yorn ekes out an existence mining for gems. In his quest to provide for his family, Yorn engages in highly dangerous work illegally digging mines as deep as 12 metres with only the most basic of equipment. Government officials ...

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 ...

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, ...

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 ...

Against the backdrop of high electricity costs and energy imports, Cambodian businesses could save millions of dollars annually by implementing energy-efficient business practices, insiders said yesterday. “It is clear that energy efficiency has multiple benefits, not only to the tourism sector but also other economic sectors ...

Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...

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 ...

Logging tycoon Try Pheap’s rapidly expanding land empire, criticised by rights groups for displacing families and encroaching on protected forest areas, has grown to almost 70,000 hectares in size and is helping to facilitate a cross-border illegal logging operation, a report released today alleges. The Cambodian ...

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 ...

The Cambodian National Petroleum Authority (CNPA), formerly overseen by the Council of Ministers, will be integrated into the Ministry of Mines and Energy, according to senior CPP officials, the latest cut to the vast portfolio of government bodies controlled by Deputy Prime Minister Sok An. Since ...

A huge haul of river sand dredged in Cambodia has been quarantined at the southern Indian port city of Cochin since its arrival in April despite a ban on sand exports instituted by Prime Minister Hun Sen in 2009. India’s Deccan Chronicle news­paper reported on Tuesday ...

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 ...

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 ...

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 ...

PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...