Extractive Industries

Brighton grows in Mondulkiri

Mining concession buy-outs will make Brighton Mining Limited one of the Kingdom’s largest miners by concession size in Cambodia’s Mondulkiri province, according to a company statement released yesterday. Brighton, an ASX-listed company, has completed negotiations with Summer Gold Investment Pty Limited for mining concessions in Mondulkiri ...

http://www.phnompenhpost.com/index.php/2011092051733/Business/mining-maa-brighton-grows-in-mondulkiri.html

Chinese company given license to go for gold in Kratie

The government has given a Chinese mining company the right to extract gold from 28 square km of land in Kratie province’s Sambor district, a provincial official said yesterday. On July 5, the Ministry of Industry, Mines and Energy granted Hing Yuan Hanng Yeak Co Ltd ...

Kuwait-India JV to explore for gold, iron in Cambodia

Kuwait’s Pima International Co and D&D Pattnaik Group of India have jointly established Pima D&D International Co to explore for gold and iron in Cambodia The firm plans to invest between US$10 million and $15 million in gold and iron exploration in Kampong Chhnang, Kratie and ...

http://www.nationmultimedia.com/home/Kuwait-India-JV-to-explore-for-gold-iron-in-Cambod-30165023.html

Mining Firm Hit With Fines for Illegal Exports

A mining company owned by the wife of RCAF Major General Nim Meng has been ordered by the government to pay fines and unpaid taxes after the firm was found to have illegally exported minerals from Cambodia, a report released yesterday by the Cambodian Investment ...

Digging deep outside the law

Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said George Boden, a campaigner at watchdog group Global Witness. Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said ...

http://www.phnompenhpost.com/index.php/2011090251412/Business/digging-deep-outside-the-law.html

Oil dispute flares up

Secret meetings between high-ranking Thai and Cambodian officials to solve the demarcation of disputed offshore petroleum resources took place during the administration of Thai Prime Minister Abhisit Vejjajiva, the Cambodian National Petroleum Authority revealed yesterday.  In a statement some commentators described as “coordinated attack” by ...

http://www.phnompenhpost.com/index.php/2011083151353/Business/oil-dispute-flares-up.html

Chinese Company Voices Interest in Cambodian Oil

Hong Kong-listed China Oilfield Services Ltd, an offshore services provider for the oil and gas sectors, is looking to start operations in Cambodia, according to an earnings report released by the company last week. “For the overseas market, apart from expanding and strengthening the overseas ...

Sand for Singapore's Growth Comes at Environmental Cost to Poorer Neighbors

KOH KONG, Cambodia (AP) — Round a bend in Cambodia’s Tatai River and the virtual silence of a tropical idyll turns suddenly into an industrial nightmare. Lush jungle hills give way to a flotilla of dredgers operating 24 hours a day, scooping up sand and piling ...

http://hosted.ap.org/dynamic/stories/A/AS_CAMBODIA_SELLING_SAND?SITE=CALAK&SECTION=HOME&TEMPLATE=DEFAULT

OZ Minerals Future in Cambodia Still Unclear

OZ Minerals, the Australian mining company is reviewing its assets in Cambodia and is so far not planning any further work in the country. Their assessment of gold reserves in the country will be updated by the end of the year at which time the ...

Indochine announces positive gold results

Indochine Mining Ltd an Australian mining company has released the results from its initial test of its Kratie North concession. Indications are that there is the possibility for a large deposit though the company has not made any claims so far. Cambodia is relatively unexplored ...

http://www.phnompenhpost.com/index.php/2011071950475/Business/indochine-announces-positive-gold-results.html

‘Encouraging’ gold prospects in Kratie

Initial yields from deposits in Kratie province have prompted Indochine Mining Limited to announce that they were ‘encouraging.’ Results from the drilling will be released in two weeks. The drilling was focused on two target sites within Kratie province. ...

Shipments increase at Sihanoukville Port

Shipments of freight through Sihanoukville Autonomous Port have seen a 14 percent growth in the second quarter of the year. The number of units passing through the port has risen by 8.6 percent compared to the same period last year. The majority of the shipments ...

http://www.phnompenhpost.com/index.php/2011071350353/Business/shipments-increase-at-sihanoukville-port.html

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