Extractive Industries

Cambodia collected $21 million in non-tax revenue from the mining sector last year, up five per cent from 2018, said a Ministry of Mines and Energy senior official. ...

As the global price of oil craters amid the Covid-19 pandemic, Singapore-based KrisEnergy Ltd remains on track to extract the first drop of oil in the first half of this year, said a Ministry of Mines and Energy senior official. ...

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

The Mine and Energy Ministry has called on local and foreign companies to bid for mining exploration licences. ...

Australia-listed Emerald Resources NL has entered into an investment committee approved term sheet with Sprott Private Resource Lending II LP to provide a $60 million facility that will be used to finance the Okvau Gold Project in Mondulkiri. ...

The Ministry of Mines and Energy on Sunday announced that two companies have been granted initial approval to carry out copper exploration in the Kingdom. ...

The government and Canadian firm EnerCam Co will soon sign an oil exploration agreement for Block VIII in Preah Sihanouk province, a senior official at the General Department of Petroleum said on Monday. ...

The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...

Singaporean oil and gas company KrisEnergy has decided to give up one of its oil exploration blocks in Vietnam to focus on its operations in Cambodia. ...

Chinese-owned Cambodian Resources Energy Development Co Ltd has been granted a three-year exploration licence in the Gulf of Thailand’s Block D, off the coast of Cambodia, a senior official at the General Department of Petroleum told The Post on Thursday. ...

The Ministry of Mines and Energy signed  a petroleum agreement with Cambodia Resources Energy Development Co on exploration of the offshore Block D oilfield. “Signing the agreement allows the company to conduct studies and search for oil in Block D,” Cheap Sour, director-general of Petroleum ...

Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, is scheduled next year to begin mining gold in Cambodia’s Mondulkiri province, according to the Ministry of Mines and Energy. ...

Australian-listed mining firm Emerald Resources NL on Monday announced plans to raise A$75 million (US$51 million) in funds for its Mondulkiri-based Okvau gold project with two placements of 1.875 billion new shares. The first is an unconditional placement for approximately A$30.5 million and the second ...

Local business Cambodian Natural Gas Co Ltd and Chinese firm CNOOC Gas Power Group Co Ltd teamed up in importing liquefied natural gas (LNG) to distribute within Cambodia’s market. The company’s officers said the cooperation is to import the LNG to supply  demand in the ...

Sand-dredging was suspended in Siem Reap province’s Banteay Srei district on Monday after it was found that unlicensed operations had polluted creeks, leaving fish dead and impacting residents. Banteay Srei district governor Khim Finan told The Post on Tuesday that it had been found that ...

The Ministry of Mines and Energy announced public bidding for mine exploration, calling on local and foreign companies to apply. The move is made as the first commercial gold mine extraction is scheduled this year. ...

Ambassador Patrick Murphy has expressed willingness to push private investors in the United States to work with the Kingdom’s oil and gas sector, so long as Cambodia is keen to coordinate with them. ...

The Ministry of Mines and Energy yesterday provided its first-ever training to 216 provincial and ministry officials to increase their knowledge on the inspection of the Kingdom’s oil industry. ...

The Kratie Provincial Mines and Energy Department yesterday inspected a Chinese gold mining company following reports of dead fish found in a nearby river.​ Villagers believe that the fish died after toxic sludge from the mine in Sambor district flowed into the river following heavy rain ...

Tuesday’s approval from the Council of Ministers has given Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, the go-ahead to commence mining for gold next year, following the signing of a Minerals Investment Agreement (MIA). ...

Some 100 families are left with no access to clean water after fish were spotted dead at their water sources – the O’Droun and O’Kles Klork streams – in Sambor district’s Kbal Damrei commune, Kratie province, O’Por village chief Sok Yoeun said on Tuesday. ...

Kampong Speu provincial authorities will once again allow Sok Chanly Co Ltd to mine marble in Oral district’s Trapaing Chor commune if the company pays a fine of 50 million riel ($12,500) after the authorities earlier detained five individuals who were caught mining without a ...

Kampong Speu provincial police yesterday arrested three Cambodians and two Vietnamese nationals who allegedly quarried for marble in a protected area in Oral district.​ ...

Kampong Speu provincial authorities on Friday arrested five individuals suspected of illegally mining marble at Kbal Damrey village in Oral district’s Trapaing Chor commune. Provincial governor Vei Samnang said on Monday that the suspects included three Cambodians and two Vietnamese nationals. “We are drafting a ...