Extractive Industries
Extractive industries policy and administration
Groups want US help in improving transparency in extractive industries
Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...
Areng Valley group, villagers to visit Mines Ministry
The Ministry of Mines and Energy invited the head of an NGO battling to stop construction of a highly criticized dam in a remote area of Koh Kong province to meet with ministry officials Friday. Signed by Mines Minister Suy Sem and dated April 25, the ...
Khuon Narim
http://www.cambodiadaily.com/news/areng-valley-group-villagers-to-visit-mines-ministry-57870/
Cambodia asks for help in oil and gas industry
Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...
Simon Henderson
http://www.cambodiadaily.com/business/cambodia-asks-for-help-in-oil-and-gas-industry-57237/
Angkor Gold (V.ANK) says financing deal puts Cambodia 'in play'
Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...
Stockhouse News Staff
http://www.stockhouse.com/news/newswire/2014/04/14/angkor-gold-v-ank-says-financing-deal-puts-cambodia-play
Woman tried for insulting RCAF mining tycoon
The Phnom Penh Municipal Court on Monday heard the case of a woman charged with defaming mining magnate and RCAF Lieutenant General Nim Meng in relation to a land dispute in Preah Sihanouk province. Presiding Judge Kim Dany said that Sok Neang Gek was being charged ...
Eang Mengleng
http://www.cambodiadaily.com/news/woman-tried-for-insulting-rcaf-mining-tycoon-54433/
Angry villagers block dusty quarry road in Takeo province
About 300 angry villagers blocked a dusty road in Takeo province’s Bati district on Friday, demanding that three quarrying firms follow through on promises to pave it, a local official said Sunday. The villagers are unhappy that the quarrying firms’ trucks kick up massive amounts of ...
Eang Mengleng
http://www.cambodiadaily.com/news/angry-villagers-block-dusty-quarry-road-in-takeo-province-53403/
Mirach Energy updates on upstream operations in Cambodia, Indonesia
Mirach Energy Limited disclosed Friday that its associate company CPHL (Cambodia) has submitted the final draft of Environment Impact Assessment (EIA) for Cambodia offshore Block D to the country’s Ministry of Mine and Energy’s unit Cambodian National Petroleum Authority (CNPA) for approval. ...
Rigzone News Staff
http://www.rigzone.com/news/oil_gas/a/131886/Mirach_Energy_Updates_on_Upstream_Operations_in_Cambodia_Indonesia
No oil for up to five years: Cambodian government
It will be years before oil starts to be produced by energy giant Chevron’s offshore site in the Gulf of Thailand, a senior Cambodian official said yesterday. Meng Saktheara, secretary of state at the Ministry of Mines and Energy, said that negotiations over taxation have continued ...
Daniel de Carteret
http://www.phnompenhpost.com/business/no-oil-five-years-cambodian-government
Villagers allege illicit mining by Chinese, Vietnamese firms
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. ...
Phak Seangly
http://www.phnompenhpost.com/national/villagers-allege-illicit-mining-chinese-vietnamese-firms
Cambodia new ministry on oil, gas
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 ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/386021/cambodia-sets-up-new-ministery-in-charge-of-oil-gas-production
Brighton to buy Indonesia manganese, Cambodia gold projects
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 ...
Creamer Media's Mining Weekly News Staff
http://www.miningweekly.com/article/brighton-to-buy-indonesia-manganese-cambodia-gold-projects-2013-12-04
Man dies in illegally dug gold mine
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, ...
Sen David
http://www.phnompenhpost.com/national/man-dies-illegally-dug-gold-mine
Cambodia 'Still in Block A talks with Chevron'
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 ...
Upstream Online Staff
http://www.upstreamonline.com/live/article1345016.ece
Villagers fight mining venture
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 ...
Phak Seangly
http://www.phnompenhpost.com/national/villagers-fight-mining-venture
Report calls out Pheap
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 ...
May Titthara
http://www.phnompenhpost.com/national/report-calls-out-pheap
Government Expects 14.5 Percent Rise in State Revenue
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 ...
Hul Reaksmey
http://www.cambodiadaily.com/news/government-expects-14-5-percent-rise-in-state-revenue-46807/
Oil and gas giant Chevron rotates local personnel
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 ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/oil-and-gas-giant-chevron-rotates-local-personnel
Canada's Angkor Gold completes initial exploration in Ratankiri
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 ...
The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NThkYjUwZjNmNjg
Farmers Accuse Mining Company of Threatening Land Grab
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 ...
Aun Pheap
http://www.cambodiadaily.com/news/farmers-accuse-mining-company-of-threatening-land-grab-48209/
PTT keeps Cambodia jet fuel gig
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 ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig
Cambodia Wants Sinopec to Build Oil Refinery by 2018
Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...
Oil and Gas Industry Latest News Staff
http://www.oilandgaseurasia.com/en/news/cambodia-wants-sinopec-build-oil-refinery-2018
Geopacific Resources to update capital raising for copper project in Cambodia
Geopacific Resources (ASX: GPR) is in pre-open following the ASX granting the company a trading halt, pending an announcement regarding a proposed capital raising in the form of a placement to sophisticated investors. Geopacific is focused on the highly prospective Kou Sa copper project in Cambodia, ...
Indochine raises A$5.5m, sells 85% of Cambodia gold assets
ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...
Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08
Cambodia imports 1.1 million tons of oil in 8 months
Cambodia had imported 1.1 million tons of petroleum in the first eight months of the year, a 3.5 percent decrease compared with the 1.14 million tons over the same period last year, the figures of the Ministry of Commerce showed Friday. From January to August this ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132756600.htm