Extractive Industries
Minerals and mineral products
Gold sees price surge amid global uncertainty, becomes “safe asset”
Over the past two to three years, the price of gold on the international market has steadily risen, driving up prices in Cambodia, even as the country exports refined gold to global markets. ...
Pundits: Jump in steel imports may not reflect real estate recovery
Cambodia imported more than $400 million worth of iron and steel in the first eight months of the year, an increase of nearly 60% on the same period last year. This has given some hope that the housing construction sector may be gradually picking up ...
New ruling in place for exports of all minerals
Starting in April, exporters of mineral products will be required to deposit a portion of export royalties, with withdrawal permitted upon fulfilment of all contractual obligations. The Ministry of Economy and Finance, in conjunction with the Ministry of Mines and Energy, issued an inter-ministerial prakas on ...
Hin Pisei
https://www.phnompenhpost.com/business/new-ruling-in-place-for-exports-of-all-minerals
Three illegal gold mines closed
A national crackdown on illegal goldmines has led to three unauthorized operations being closed in Memot, Tbong Khum province. ...
Thang Sinorn
https://kiripost.com/stories/three-illegal-gold-mines-closed
More illegal gold mines discovered in T Khmum
The Ministry of Mines and Energy has identified three illegal gold mining operations in Tbong Khmum province’s Memot district. The owners have been instructed to dismantle their facilities and cease their activities immediately. ...
Vong Daravady
https://www.phnompenhpost.com/national/more-illegal-gold-mines-discovered-in-t-khmum
Villagers demand compensation from global green mining for clearing farm
At least 10 families are demanding compensation from a private company, which cleared farms and forest land to build an access road to explore iron ore mining in Preah Vihear province. ...
Khuon Narim
https://cambojanews.com/villagers-demand-compensation-from-global-green-mining-for-clearing-farm/
Ministry cracking down on illegal Tbong Khmum gold mines, citing risks to public
The Ministry of Mines and Energy is conducting a campaign to shut down illegal gold mining operations in Tbong Khmum province’s Memot district. ...
Vong Daravady
https://www.phnompenhpost.com/national/ministry-cracking-down-on-illegal-tbong-khmum-gold-mines-citing-risks-to-public
Cambodia extracts 9.5 tonnes of gold ore
Cambodia extracted 9,500 kilograms of gold ore, a semi-finished product, since commercial mining began in June 2021, a report by the Ministry of Mines and Energy showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501418104/cambodia-extracts-9-5-tonnes-of-gold-ore/
Gold Mining Reporting Must Be More Open: NGOs
On Dec. 20, the Fair Finance Coalition, the NGO Forum on Cambodia (NGOF), and Oxfam in Cambodia issued studies on gold mining businesses at six locations in Preah Vihear, Ratanakiri and Mondulkiri provinces. ...
Lay Sopheavotey
https://cambodianess.com/article/gold-mining-reporting-must-be-more-open-ngos
Lack of Enforcement, ESG Reporting Standards Apparent in Gold Mining Ops
A recent report on gold mining operations in Cambodia has kicked up inadequacies in reporting standards and absence of enforcement, revealing a huge lag in environmental, social and governance (ESG) practices in the industry. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/lack-of-enforcement-esg-reporting-standards-apparent-in-gold-mining-ops
Mining ESG compliance highlighted by study
Fair Finance Cambodia (FFC), a coalition originally created to help secure funding for the well-being of the country’s most vulnerable, has recently published a comprehensive study titled “Environmental, Social and Corporate Governance (ESG) Compliance” on the gold mining industry in the Kingdom. ...
Sok Raksa
https://www.phnompenhpost.com/national/mining-esg-compliance-highlighted-by-study
Gold mine looks to expand into Tbong Khmum
Australian mining company Renaissance Minerals (Cambodia) Ltd is seeking to expand their gold mining operations beyond Mondulkiri province, with the Ministry of Mines and Energy urging them to look into Tbong Khmum’s Memot district. ...
Van Socheata
https://www.phnompenhpost.com/business/gold-mine-looks-to-expand-into-tbong-khmum
Cambodia produces nearly 9 tons of gold: minister
Cambodia has produced nearly 9 tons of dore bars with 90 percent pure gold solution since commercial mining began in June 2021, Minister of Mines and Energy KeoRattanak said here on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396101/cambodia-produces-nearly-9-tons-of-gold-minister/
PM signs sub-decree to slash export tax on natural stone products
The Prime Minister has signed a sub-decree authorizing the reduction of export tax rates on natural stone products. ...
Thang Sinorn
https://kiripost.com/stories/pm-signs-sub-decree-to-slash-export-tax-on-natural-stone-products
Gold export booms in first semester
Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501368438/gold-export-booms-in-first-semester/
Cambodia produces over 8.28 tonnes of gold so far
Cambodia has produced more than 8.28 tonnes of dore bars with 90 percent pure gold solution since commercial mining started in June 2021, a senior official said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501366552/cambodia-produces-over-8-28-tonnes-of-gold-so-far/
Almost seven tonnes of gold mined in first two years of ventures
Minister of Mines and Energy Suy Sem announced that Cambodia has refined 6,727 kilogrammes of gold dore bars and collected royalties of more than $10 million, as of the beginning of June this year. ...
Kim Yutharo
https://www.postkhmer.com/business/2023-06-11-1829-251140.html
Cambodia’s imports of oil, gas, coal surge 7.8 percent in Q1
Cambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501271456/cambodias-imports-of-oil-gas-coal-surge-7-8-percent-in-q1/
Canada firms exploring Andong Bor copper-gold licence
Toronto-listed Angkor Resources Corp last week announced that it has begun exploring and developing the 100sq km Andong Bor copper-gold porphyry licence, which straddles the districts of Banteay Ampil and Chong Kal in Oddar Meanchey province’s southwest as well as Phnom Srok in northeastern Banteay ...
May Kunmakara
https://www.phnompenhpost.com/business/canada-firms-exploring-andong-bor-copper-gold-licence
Angkor Resources Advances Exploration at Andong Bor, Cambodia
Angkor Resources Corp. (TSXV:ANK) and (OTC:ANKOF) (“Angkor” or the “Company”) announces the commencement of the Company’s exploration on the Andong Bor copper gold porphyry property. ...
Khmer Times Staff
https://www.khmertimeskh.com/501247409/angkor-resources-advances-exploration-at-andong-bor-cambodia/
State revenues from gold production top $15M
Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...
May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m
State revenues from gold production top $15M
Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...
May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m
Gold refines reach 5.3 tons in 2022, paying nearly $10M in tax
Cambodia’s four gold companies refined around 5,300 kg of gold ore, a semi-finished product that is smelted at a mine, as of 2022, paying royalties of $8 million and $1.5 million as tax income, a report from the Ministry of Economy and Finance showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501226405/gold-refines-reach-5-3-tons-in-2022-paying-nearly-10m-in-tax/
Angkor confirms 108 mts of 0.53% copper equivalent at Andong Bor, Cambodia
Angkor Resources Corp. has announced Cambodia, assays from its newest copper/gold license in western Cambodia, confirming a copper-gold porphyry system on the Thmei North prospect with similar results on Thmei South prospect. The license is due west of Ratanakiri province and straddles two provinces, Oddar ...
Khmer Times Staff
https://www.khmertimeskh.com/501202837/angkor-confirms-108-mts-of-0-53-copper-equivalent-at-andong-bor-cambodia/