Extractive Industries

A small-scale sand dredging business on the banks of Sraeng lake in Banteay Meanchey’s Teuk Cho commune was shut down yesterday by Preah Net Preah district authorities after it was found to be operating without a license, according to district governor Ly Sovannarith. ...

Officials from 14 governments gathered in Siem Reap on Wednesday to discuss sustainable development of extractive industries in the regions, urging Cambodia to take stock of its oil, gas and mineral reserves and device mechanism to develop these resources sustainably. ...

An unlicensed goldmine in Battambang province’s Phnom Proek district has been shut down again, officials and an investigator with rights-group Adhoc said. ...

Cambodia imported 2.55 million tons of petroleum in 2015, up 64 percent from 1.55 million tons in the year before, according to the data of the Ministry of Commerce. ...

RepRisk, the leading provider of dynamic business intelligence on environmental, social, and governance (ESG) risks, has released its Special Report on the Lower Mekong Basin, the second in a series of reports on the Association of Southeast Asian Nations (ASEAN), an economic and political organization ...

Provincial environment department officials shut down a gem mine in Pailin province yesterday, after an inspection found that the operators had not obtained proper authorisation. ...

Thai oil company PTT is looking to expand its retail liquefied petroleum gas (LPG) business into Cambodia and other Asian markets, a company executive said yesterday. ...

It will get easier for small, rural mining operations to register with the government this month, thanks to a change in the Ministry of Energy and Mines’ policy of issuing licenses, according to a ministry statement released last week. ...

An Australian mining firm exploring a significant copper and gold deposit in northern Cambodia has reached an agreement with the tenement’s former owner to amend the terms of its 2013 acquisition of the project, it said this week. ...

The government said yesterday it would postpone bidding on two vacated offshore oil blocks given the low global levels of investment flowing into petroleum exploration activities. ...

Australia-listed Southern Gold has completed its divestment of its Cambodia’s subsidiary Southern Gold Asia, saying there was little interest among its investors in the company and that it would focus on its Cannon gold mine in Western Australia, according to a press release from the ...

The Ministry of Mines and Energy is currently working to withdraw the licence of a copper mining company in Siem Reap province’s Chi Kraeng district that it accuses of operating illegally for more than a year. ...

An Indian company planning to extract 500 tons of rock per day from beneath Pheak village in O Yadauv, Ratanakiri this year has promised locals, again, that their digging will have little effect on the mine’s surrounding forest and homes, and that they will replace ...

The Ministry of Mines and Energy generated a four-fold increase in non-tax revenues from extractive industries last year, collecting just over $17 million, a ministry official said yesterday. ...

Cambodia canceled two offshore licenses of Malaysia’s operator Resourceful Petroleum, due to violations of the concession agreement and not performing obligations of petroleum agreements. The two licenses were for development and operations of offshore oil Block B and Block F, which has sufficient resources of oil ...

The government cancelled two concessions for offshore oil – Block B and Block F – held by two foreign companies last year because they failed to comply with the terms of their agreements, senior officials from Ministry of Mines and Energy (MME) told Khmer Times ...

The Siem Reap provincial department of mines and energy on Thursday ordered the temporary suspension of operations of a Chinese copper-mining firm that was caught transporting 40 tons of copper to Phnom Penh, though their licenses expired more than a year ago.   ...

A copper mine in Siem Reap province’s Chi Kreng district was closed down last Thursday over allegations that its parent company has been running the site with an expired license. The investigation into Meng Xin Hong Fa (Cambodia) Resources Investment Co. Ltd. is being led ...

A copper mine in Siem Reap province’s Chi Kreng district was closed down last Thursday over allegations that its parent company has been running the site with an expired license. The investigation into Meng Xin Hong Fa (Cambodia) Resources Investment Co. Ltd. is being led ...

Despite a slew of global investment banks slashing their oil price forecasts this week, KrisEnergy —the Singaporean oil and gas firm with a controlling stake in Cambodia’s most promising offshore oil reserve, Block A—remains committed to helping Cambodia produce its first drop of oil, a ...

About 70 officials raided four illegal gold mines in Kompong Thom province’s Sandan district on Wednesday but made no arrests as all the camps had been abandoned, officials said on Thursday. ...

Preah Vihear provincial authorities cracked down last week on an illegal gold mining operation occurring inside a land concession belonging to a Chinese company in Rovieng district. ...

Cambodia is unlikely to be able to produce offshore oil until prices rise, analysts say. Meng Saktheara, a spokesman for the Ministry of Mines and Energy, said he agreed with that analysis. Negotiations over production are not finalized with KrisEnergy, which must also finish its ...

An official at the Ministry of Mines and Energy has confirmed that a Chinese company is applying for a license to extract gold from a 100-hectare plot in Mondolkiri province, but insisted that the project would only go forward with the consent of local, small-scale ...