Extractive Industries

KrisEnergy signs oil deal next week

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. ...

Sum Manet
http://www.khmertimeskh.com/5078426/krisenergy-signs-oil-deal-next-week/

KrisEnergy all set to sign petroleum extraction agreement

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, ...

May Kunmakara
http://www.khmertimeskh.com/5077640/krisenergy-set-sign-petroleum-extraction-agreement/

Riversgold to use IPO proceeds in its search for Mondulkiri gold

Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...

Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold

Mining licences of two Australian firms nixed

The Ministry of Mines and Energy revoked three mineral exploration licences from two different Australian mining firms that failed to meet work performance guidelines, it said​ on the 3rd of August in a release. ...

Post Staff
http://www.phnompenhpost.com/business/mining-licences-two-australian-firms-nixed

Government OKs four firms for local mineral mining

The Ministry of Mines and Energy announced that it has granted licenses to four different mining companies to explore for potential mineral resources in Kratie, Kampong Thom, Mondulkiri and Kampot. ...

Post Staff
http://www.phnompenhpost.com/business/government-oks-four-firms-local-mineral-mining

Kratie locals block sand-mining trucks

Angry residents in Kratie town’s Krakor commune yesterday protested against a sand-mining company they accuse of damaging a local road. The protesters used their vehicles to block the company’s trucks from driving on the road. ...

Pav Suy
http://www.khmertimeskh.com/news/39691/kratie-locals-block-sand-mining-trucks/

Four large companies bag mining licences

The Ministry of Mines and Energy has issued licences to four mining companies to extract minerals and precious metals in four provinces, according to a statement issued by the ministry. The four companies – Renaissance Minerals (Cambodia) Ltd., Kiri Resources Co. Ltd., Samnang Angkor Development Co. ...

Sum Manet
http://www.khmertimeskh.com/news/39684/four-large-companies-bag-mining-licences/

Japanese seek energy investments

A number of Japanese companies have their eyes on Cambodia’s energy and gas sector, an opportunity welcomed by the government which has asked for studies to be carried out before any investment can be made. ...

Sok Chan
http://www.khmertimeskh.com/news/39608/japanese-seek-energy-investments/

New facility worries activists

Activists say a new sand-processing facility is under construction in Koh Kong’s Tatai Wildlife Sanctuary, in the vicinity of the area where two companies were granted permission to conduct environmental impact assessments (EIAs) for sand-dredging projects, documents show, despite a standing government ban on sand ...

Yesenia Amaro and Phak Seangly
http://www.phnompenhpost.com/national/new-facility-worries-activists

Mother Nature activists allege intimidation at sand dredging protest

About 30 villagers escorted two environmental activists from Kandal province’s Sa’ang district to the relative safety of Phnom Penh yesterday after the pair were allegedly harassed by local police for helping coordinate a protest against sand dredging in the area the day before. ...

Phak Seangly and Yesenia Amaro
http://www.phnompenhpost.com/national/mother-nature-activists-allege-intimidation-sand-dredging-protest

‘Anarchist’ activist flees village for UN, alleging harassment

An environmental activist branded an “anarchist” by a government spokesman said he fled to the U.N. human rights office in Phnom Penh on Monday after police harassed him for becoming involved in a dispute between sand dredgers and villagers in Kandal province. ...

Sek Odom
https://www.cambodiadaily.com/news/anarchist-activist-flees-village-un-alleging-harassment-131288/

Gaps in framework open mines to graft

The Ministry of Mines and Energy’s mineral exploration licensing process is vulnerable to corruption, an independent study has found, identifying 14 potential openings for graft. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/gaps-framework-open-mines-graft

Mineral exploration permits offered for protected Prey Lang

One of four new mining exploration permits, advertised publicly this week, is within the Prey Lang Wildlife Sanctuary map, coordinates reveal, sparking concern among activists and community members about the strength of the forest’s recently-acquired protected status.In the first public tender of fresh exploration licenses ...

Shaun Turton and Phak Seangly
http://www.phnompenhpost.com/national/mineral-exploration-permits-offered-protected-prey-lang

Questions linger over second accused ship

A second ship accused by the NGO Mother Nature of illegally exporting dredged ocean sand last week is expected to arrive at a port in China today with a cargo of silica sand, which is exempt from the ban, the ship’s owner said yesterday. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/questions-linger-over-second-accused-ship

Ministry defends sand exports; Mother Nature stands by claims

The Mines and Energy Ministry on Friday defended sand exports reported last week by an environmental NGO, saying Cambodia’s sand ban did not include the type seen in a video being loaded onto vessels off the coast of Sihanoukville. ...

Van Roeun and George Wright
https://www.cambodiadaily.com/news/ministry-defends-sand-exports-mother-nature-stands-by-claims-129204/

Four mining licences put up for bids

The Ministry of Mines and Energy has publicly announced that companies can bid for four mining exploration permits in both Kratie and Kampot provinces, marking the first time since the ministry was formed in 2013 to issue fresh licences for private companies to investigate mineral ...

Kali Kotoski
http://www.phnompenhpost.com/business/four-mining-licences-put-bids

Ground broken for oil refinery

After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground yesterday on a $1.62 billion project with an updated completion date set for the middle of 2019. ...

Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/ground-broken-oil-refinery

Start-up for refinery construction

Construction of phase one of a landmark $3 billion oil refining plant kicks off today in Sihanoukville province, after many delays since the company announced plans in December 2012. ...

May Kunmakara
http://www.khmertimeskh.com/news/38015/start-up-for-refinery-construction/

Emerald’s gold prospects improve

The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing its projected investment costs for extraction. ...

Kali Kotoski
http://www.phnompenhpost.com/business/emeralds-gold-prospects-improve

Russia to pursue gas in Thai-Cambodian shelf

Russia’s state-owned energy giant Gazprom is considering gas production on the continental shelf of Thailand and Cambodia, Russian media reported on Friday. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/russia-pursue-gas-thai-cambodian-shelf

KrisEnergy set to sign oil agreement

Singapore listed oil and gas firm KrisEnergy says it is ready to sign an agreement with the Cambodian government after completing details of a revised sharing contract for the Block A oilfield. ...

May Kunmakara
http://www.khmertimeskh.com/news/37316/krisenergy-set-to-sign-oil-agreement/

Oil firm ready to ink production-sharing agreement

Executives at Singapore-listed energy firm KrisEnergy Ltd say they have settled terms with the Cambodian government and are ready to sign a long-awaited production-sharing agreement that would pave the way for the first-ever extraction of petroleum from Cambodian territorial waters. ...

Kali Kotoski
http://www.phnompenhpost.com/business/oil-firm-ready-ink-production-sharing-agreement

Emerald to issue Okvau feasibility study soon

Australian mining firm Emerald Resources is on track to complete its definitive feasibility study for its Okvau gold project in Mondulkiri province by the end of this month, the company reported in a filing on the Australian Securities Exchange (ASX). ...

Post Staff
http://www.phnompenhpost.com/business/emerald-issue-okvau-feasibility-study-soon

Canadian miner renews five licences, drops two

Canadian mining firm Angkor Gold has received approval from the Ministry of Mines and Energy to extend its exploration licences for five tenements for an additional three years with the option of extending another four years after, the company said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/canadian-miner-renews-five-licences-drops-two

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