Extractive Industries
Messy sand depots suspended
The Mines and Energy Ministry yesterday shut down six sand depots in Kandal province’s Sa’ang district for allegedly failing to “respect” a ministry directive concerning the proper transportation of sand, but they will be allowed to reopen on Wednesday if they agree to comply. ...
Mom Kunthear
http://www.khmertimeskh.com/news/31486/messy-sand-depots-suspended/
Miners ask Hun Sen to let them dig deeper
More than 500 villagers in Mondulkiri’s Chung Phlas’ mining community thumbprinted a letter sent to Prime Minister Hun Sen, and to the Ministry of Mines and Energy and its provincial counterpart, requesting that those holding a community mining licence be allowed to dig below the ...
Sen David
http://www.phnompenhpost.com/national/miners-ask-hun-sen-let-them-dig-deeper
Path to responsible mining
In an effort to improve the governance of the Kingdom’s mining industry, with a focus on increasing revenue generation, the government has approved 11 articles largely concerning export permits for mined resources. A September 22 sub-decree signed by Prime Minister Hun Sen, but released by the ...
May Kunmakara
http://www.khmertimeskh.com/news/30964/path-to-responsible-mining/
Singapore’s data mirrors UN’s in Cambodia’s sand export numbers
Singaporean customs data on sand imports from Cambodia show near identical figures to those recorded by the UN, which last month were dismissed by a top official amid a reporting discrepancy in the hundreds of millions of dollars. ...
Alex Willemyns and Mech Dara
http://www.phnompenhpost.com/national/singapores-data-mirrors-uns-cambodias-sand-export-numbers
Emerald infill assays confirm gold at Okvau
Australian mining company Emerald Resources has found “encouraging” results from a round of infill drilling at its Okvau gold project in Mondulkiri province, the company said in a filing to the ASX yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/emerald-infill-assays-confirm-gold-okvau
Jarai say no to Ratanakiri gold mine
An insurrection led by ethnic Jarai villagers against the Kingdom’s first commercial underground gold mine, to be operated by Indian-owned Mesco Gold (Cambodia), looms over the green, serene remote hamlet of Plung, a few kilometers from the Vietnamese border, in Ratanakiri’s O’Yadaw district. ...
Sonny Inbaraj Krishnan and May Kunmakara
http://www.khmertimeskh.com/news/30569/jarai-say-no-to-ratanakiri-gold-mine/
Gov’t scoops up more mining revenue
In the first eight months of the year the Ministry of Mines and Energy has already surpassed its annual target for non-tax revenue collection from sand dredging and construction material-related mining operations, collecting 117 percent of the $6.6 million outlined in the 2016 national budget, ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/govt-scoops-more-mining-revenue
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
Action urged over illegal mining
Rattanakiri provincial authorities were urged by a National Assembly commission yesterday to take swift action against illegal gem mining, which they blamed on infrastructure damage and tax revenue loss. Speaking after a meeting with provincial authorities at the provincial hall, opposition member Heng Danaro said the ...
Pech Sotheary
http://www.khmertimeskh.com/news/29980/action-urged-over-illegal-mining/
Asean energy demand discussed
Cambodia urged the heads of all Asean national oil companies to cooperate together to ensure that there is demand and supply of energy in the 10-nation grouping, said a senior official in the Ministry of Mines and Energy. ...
May Kunmakara
http://www.khmertimeskh.com/news/29822/asean-energy-demand-discussed/
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
Oil, gas production not expected before 2018
Cambodia’s oil and gas reserves will not see any production until at least 2018, according to a report by London-based BMI. ...
Post Staff
http://www.phnompenhpost.com/business/oil-gas-production-not-expected-2018
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/
Government taking inventory of fuel stocks
The Ministry of Commerce is visiting the Kingdom’s petroleum importers to check their inventories following the release of new regulations this week that require the companies to maintain and report their stock levels, a ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-taking-inventory-fuel-stocks
Oil meeting in Siem Reap
The 42nd Asean Council on Petroleum members’ meeting will be held in Siem Reap next month, a senior government official told Khmer Times. The meeting, which will include representatives from the national petroleum companies of the nine other Asean members, plus Cambodia’s Ministry of Mines and ...
May Kunmakara
http://www.khmertimeskh.com/news/28903/oil-meeting-in-siem-reap/
Lower fuel prices no remedy for troubled transport sector
While local petroleum prices have dropped by nearly a quarter of their value since the start of the year, companies operating in the Kingdom’s highly competitive transportation sector insist they have not been able to convert lower fuel costs into higher profits – even when ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/lower-fuel-prices-no-remedy-troubled-transport-sector
Tela will double fuel storage, expand port
Kampuchea Tela Co Ltd, one of the Kingdom’s largest fuel importers and distributors, has announced that it will double its petrol storage facilities, increasing their capacity to 200 million litres, a local media outlet reported yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/tela-will-double-fuel-storage-expand-port
China urged to fund mining school
The Ministry of Mines and Energy is in talks with the Chinese government to build a research and training school, in order to boost the staffing capabilities of the country’s growing mining industry, according to a senior ministry official. Following recent news that gold deposits ...
May Kunmakara
http://www.khmertimeskh.com/news/28625/china-urged-to-fund-mining-school/
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/
Oil firm ready to push ahead with offshore drilling
Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. ...
Kali Kotoski
http://www.phnompenhpost.com/business/oil-firm-ready-push-ahead-offshore-drilling
Checkpoint chief leased house to illegal Vietnamese miners
Five Vietnamese nationals who were renting a home from the local immigration department chief were arrested on Friday for conducting illegal mining operations in Ratanakkiri province’s O’Yadav district. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/checkpoint-chief-leased-house-illegal-vietnamese-miners
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