Extractive Industries

Minerals and mineral products

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Seven Feared Trapped in Gold Mine Collapse

A gold mine shaft has collapsed in Preah Vihear province, trapping at least seven miners, officials said Monday. The collapse took place in a shaft that is typically mined by up to 60 people at a time, he [Rovieng Police Chief Sin Thorn]. Sin Thorn said ...

http://www.voacambodia.com/content/seven-feared-trapped-in-gold-mine-collapse/1664837.html

‘Power cuts just a transitional problem’

Recurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak,  director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is ...

http://www.phnompenhpost.com/2013051065532/Business/power-cuts-just-a-transitional-problem.html

Chinese Investments in Cambodia Ignore Environment Queries

China’s expanding investment portfolio in Cambodia has brought into sharper focus the darker side of the Asian giant’s “development projects” in the impoverished Southeast Asian nation. And it is in the southwestern corner of Cambodia—known for its rich biodiversity, forest covered hills and bubbling rivers—where this ...

http://www.irrawaddy.org/archives/30883

Chinese Firms Foresee Industrial Hub in Preah Vihear

Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...

http://www.cambodiadaily.com/selected-features/chinese-firms-foresee-industrial-hub-in-preah-vihear-14132/

Renaissance upgrades Okvau

Shares in Renaissance Minerals jumped after the company announced a 1.2 million ounce gold resource at its Okvau deposit in Cambodia. Emerging from the trading halt this morning, the company revealed an indicated and inferred resource of 15.6 million tonnes at 2.4 grams per tonne gold ...

http://au.news.yahoo.com/thewest/business/a/-/national/16325176/renaissance-upgrades-okvau/

Extraction ahead of schedule

Mesco Gold has established drilling and exploration resources at the Phum Syrang prospect in Ratanakkiri province, targeting extraction by late 2014, three to six months ahead of schedule, according to a statement released by Angkor Gold, which holds the land concession. The statement said Mesco had ...

http://www.phnompenhpost.com/2013030861824/Business/extraction-ahead-of-schedule.html

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