Extractive Industries

Bilateral trade between Việt Nam and Cambodia last year surged 29.7 per cent against the previous year to nearly US$3.8 billion, the General Department of Customs reported. Of the total, Việt Nam’s export turnover to this market was $2.77 billion, rising 26.1 per cent against the ...

Eleven illegal gold mine shafts in Kratie province – including two in which several deaths occurred – are being filled in by authorities after villagers repeatedly ignored orders to cease operations there, officials said today. ...

Geopacific Resources this week announced the discovery of new gold deposits within its Kou Sa project, located in prospect area 181 in Preah Vihear province. The 2,320-metre exploration diamond drilling yielded intercepts of 11.5 metres, graded at 3.14 grams/tonne, for gold, and 14 metres at 109.48 ...

Angkor Gold Corp is entering its second phase of exploration in Ratanakiri province after its first round showed promising indications of copper and silver deposits. ...

Australian mining firm Medusa Mining has announced plans to begin exploration for gold, copper and oil in Kratie province’s Prek Kampi commune, about 35 kilometres west of a stretch of the Mekong River that is home to endangered river dolphins. ...

Sea Resources Pty Ltd and its subsidiary Sovann Resources Co., Ltd recently signed a memorandum of understanding (MoU) with Australia-based Medusa Mining on exploration rights in the Prek Kampi district in Kratie province. ...

Seven villagers from Preah Vihear travelled to Phnom Penh to deliver a petition on Friday asking the government to intervene in a dispute involving gold mining company Delcom, with local authorities turning up to question the wife of one of those delivering the petition shortly ...

A task force to curb natural resources crimes has cracked down on an illegal mine in Kratie province and is proposing to fill it in after there were four deaths at the site last year. ...

Both the miners and brokers at the mining site said the land on which the mining is conducted costs roughly $10,000 per hectare per year in a deal between the rubber plantation owner and a gemstone businessman who they referred to as the “boss”. ...

About 30 kilometres from Ratanakiri’s Banlung town, 10 miners have dug holes deep in the ground in a rubber plantation, hoping to strike it rich. Their tunnels range from 10-15 metres deep and their equipment is basic – everything is done by hand. These men ...

Australian mining firm Emerald Resources announced yesterday that it was making positive progress towards full licensing and funding of its Okvau gold mine project in Mondulkiri province, with the licence expected as early as the next few weeks. ...

Following the recent approval of its environment and social impact assessment by the Ministry of Environment, the kingdom’s first gold-processing plant will begin operations next year, a spokesperson for the Ministry of Mines and Energy said on Monday. ...

Following several warnings, officials in Prey Veng province’s Peamro district yesterday shuttered an illegal sand-dredging operation being run by a provincial police officer.Chum Chea, Prek Khsay Khor commune chief, said more than 10 officers on Wednesday halted the operation and confiscated machinery, with the operation ...

People appear to have resumed illegal mining activities at a gold mining site in Kratie province, which was shut down by authorities in August after four miners were killed, officials said yesterday. ...

Twenty-two NGOs released a joint statement yesterday demanding the release of two activists detained by Koh Kong Provincial Court after recording a video of sand dredging. ...

Emerald Resources, the Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province, is one step closer to receiving an industrial mining licence after it signed an environmental contract with the Ministry of Environment (MoE), the firm announced yesterday. ...

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced late last week that it has submitted documentation to the Ministry of Environment for a proposed 1,200-square-kilometre 3D seismic survey of its offshore tenement next year. ...

Canadian mining firm Angkor Gold Corp has discovered a new copper system during exploratory drilling of its Oyadao South licence in Ratanakkiri province, the company said in a press release. ...

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced on Friday that in 24 months the Kingdom will be an oil producing nation after the firm made its final investment decision that day for extraction in the Apsara oil ...

Local diversified company Jet’s Group has launched a new collateral option that allows would-be homeowners to buy gold bullion from Hong Kong that can be used to secure investments in its Cambodian property developments, a company executive said yesterday. ...

Cambodia moved a step closer to becoming an oil-producing nation yesterday after the government finalised its long-awaited production-sharing agreement with Singapore-listed KrisEnergy to develop the country’s first oil field. ...

Retail prices for gasoline have gradually increased by approximately 5 percent since December last year, raising concern from motorists. ...

Singapore-based oil and gas company KrisEnergy is scheduled to sign an agreement with the Cambodian government next Wednesday for the extraction of petroleum from Block A to develop the Aspara oil field. ...

The government and KrisEnergy, a Singapore-listed oil and gas firm, are set to sign a petroleum agreement this month to pave the way for the company to start the groundwork for the extraction of oil from Bloc A, which is expected to start in 2019, ...