Extractive Industries
Minerals and mineral products
New mining licences issued, others revoked
Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...
Kali Kotoski
http://www.phnompenhpost.com/business/new-mining-licences-issued-others-revoked
Ministry tells Phnom Penh to put end to digging
In the wake of recent illegal digging in the capital, Minister of Mines and Energy Suy Sem has called on the Phnom Penh city governor to stop issuing licences allowing businesses to dig soil in the city and to strengthen its enforcement on a longstanding ...
Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-tells-phnom-penh-put-end-digging
First mine licensed to draw gold
In a milestone for Cambodia’s nascent mining industry, the government has issued the first commercial mining licence to Mesco Gold, giving the Indian mining firm a green light to extract and process ore at its gold project in Ratanakkiri province, industry sources said yesterday. The landmark ...
Cam McGrath
http://www.phnompenhpost.com/business/first-mine-licensed-draw-gold
Indian mining firm prepares to dig deep in Ratanakiri
The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...
Aisha Down and Kang Sothear
https://www.cambodiadaily.com/news/indian-mining-firm-prepares-dig-deep-ratanakkiri-117474/
Angkor Gold hits the jackpot
Angkor Gold Corp., a Canada-based mineral exploration company with operations in Cambodia, has completed its exploration and analysis of ground samples at its Koan Nheak site in Mondulkiri province. Around 31.8 grams per ton (g/t) of gold were found in the samples, according to a ...
Sum Manet
http://www.khmertimeskh.com/news/28560/angkor-gold-hits-the-jackpot/
Mesco closes in on gold licence
After an unexpectedly lengthy review, the Ministry of Environment has approved the environmental and social impact study of Indian mining firm Mesco Gold, clearing the last major hurdle for the company to receive a licence to operate the Kingdom’s first royalty-generating mine. ...
Cam McGrath
http://www.phnompenhpost.com/business/mesco-closes-gold-licence
Emerald’s gold search heads to fresh territory
Australian mining firm Emerald Resources is preparing to commence first-pass test drilling on its O’Rman prospect in northeastern Cambodia, where soil assays from augur samples have indicated the presence of gold mineralisation, the company said in its latest quarterly report. ...
Post Staff
http://www.phnompenhpost.com/business/emeralds-gold-search-heads-fresh-territory
Emerald to absorb Renaissance in merger
Australian mining firms Emerald Resources and Renaissance Minerals have agreed to merge in an all-stock deal that aims at creating synergies to develop gold projects in northeastern Cambodia, the companies said in a joint announcement yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/emerald-absorb-renaissance-merger
A $50M copper mine at Kou Sa site envisaged
Australian-listed mining firm GeoPacific announced its first resource estimate on its copper-gold project in northern Cambodia, estimating 51,000 tonnes of copper equivalent at two adjacent prospects on its Kou Sa project site. ...
Post Staff
http://www.phnompenhpost.com/business/50m-copper-mine-kou-sa-site-envisaged
Local gold sales spike following Brexit vote
Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote
Gold mine license suspended again
A Vietnamese-owned gold mine in Battambang province’s Phnom Prek district failed to acquire an operating license from the Ministry of Mines and Energy yesterday after failing to meet their guidelines, according to officials. ...
Chea Vannak
http://www.khmertimeskh.com/news/26377/gold-mine-license-suspended-again/
Making precious stones shine globally
The Cambodia Gems and Jewelry Traders Association (CGJTA) urged their non-association counterparts in Siem Reap to come into their fold to ensure the Kingdom’s precious stone industry maintains quality and standards that are on par internationally. This, the CGJTA said, will attract more international buyers ...
Chea Vannak
http://www.khmertimeskh.com/news/26271/making-precious-stones-shine-globally/
JOGMEC to explore for gold in Ratanakkiri
Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to explore Angkor’s Oyadao South licence in Ratanakkiri province, the company said in a press release yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/jogmec-explore-gold-ratanakkiri
Giant coal plant taking shape in Sihanoukville
Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed by the end of the year, according to officials at the Ministry of Mines and Energy. ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/giant-coal-plant-taking-shape-sihanoukville
Royal Group gets exclusive steel deal from Posco
Yong Sheng Global Trading, a subsidiary within the Royal Group conglomerate, signed an exclusive partnership agreement with Posco SS-Vina, a Vietnamese-based steel company, for exclusive distribution rights of construction materials on Tuesday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/royal-group-gets-exclusive-steel-deal-posco
Ethnic community rejects mineral exploration
Exploration company Angkor Gold Corp is working with NGOs to educate residents of Pate commune’s Plang village in Ratanakiri’s Ou Ya Dav district after villagers refused to give the company permission to explore for gold on their land. ...
Ven Rathavong
http://www.khmertimeskh.com/news/25519/ethnic-community-rejects-mineral-exploration/
New firm seeks to enter gold trading
Golden FX Link (Cambodia) has joined in the running to become a legally licensed firm to trade derivatives. With a registered capital of $5 million, Lawrence Kook, Director of Golden FX Link, said that the company received a license in principle from the Securities and ...
Cheng Sokhorng and Kali Kotoski
http://www.phnompenhpost.com/business/new-firm-seeks-enter-gold-trading
Ministry findings hint at illegal gold mining in Ratanakkiri
An investigating team from the Ministry of Mines and Energy has concluded that evidence at Chhay Ching Heang Group’s operations in Ratanakkiri province seemingly points to illegal gold mining, though lab results from minerals extracted by the company are still pending, according to a ministry ...
Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-findings-hint-illegal-gold-mining-ratanakkiri
Australian firms in JV for exploratory drilling
Renaissance Minerals and Emerald Resources finalised a joint venture agreement and commenced exploratory drilling near the Okvau gold deposit in Mondulkiri province. ...
Post Staff
http://www.phnompenhpost.com/business/australian-firms-jv-exploratory-drilling
Blue river buys into Cambodian gold hunt
Canadian mineral exploration company Angkor Gold Corp has signed an agreement with Vancouver-based junior mining firm Blue River Resources Ltd to fund exploration of its gold prospects in northeastern Cambodia, the company said in a press release yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/blue-river-buys-cambodian-gold-hunt
Geopacific reports solid year at Kou Sa project
Australian mining firm Geopacific Resources Ltd completed a successful and productive drilling season last year at its Kou Sa gold and copper project in northern Cambodia, the firm said in its annual report, released yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/geopacific-reports-solid-year-kou-sa-project
Australian police expand Cambodia probe of OZ minerals
Authorities in Australia have expanded the scope of their investigation into bribery allegations involving the relatives of Cambodian government officials and the former Cambodian operations of Australian miner OZ Minerals, the firm has announced. ...
Zsombor Peter
https://www.cambodiadaily.com/news/australian-police-expand-cambodia-probe-of-oz-minerals-111397/
Battambang man dies in old gold-mining pit
Conflicting versions of events emerged yesterday after a Battambang man was found dead in a disused gold-mining pit in the province’s Phnom Proek district. ...
Niem Chheng
http://www.phnompenhpost.com/national/battambang-man-dies-old-gold-mining-pit
Emerald takes a new direction with Cambodia gold JV
ASX-listed Emerald on Wednesday announced that it had signed a farm-in and joint venture (JV) agreement with fellow-listed Renaissance Minerals to earn a majority interest in a Cambodian gold project. ...
Esmarie Swanepoel
http://www.miningweekly.com/article/emerald-takes-a-new-direction-with-cambodia-gold-jv-2016-03-30