Extractive Industries
Two firms get priority rights to mines
The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...
Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines
Exploration permits for gold-polymetallic mines offered
The Ministry of Mines and Energy on Monday put on offer concession licences for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. It said the areas of tenement are 107.10sq km in Tbong Khmum’s eastern Memot district and 100sq km ...
Thou Vireak
https://www.phnompenhpost.com/business/exploration-permits-gold-polymetallic-mines-offered
Applications for mining rights open
The Ministry of Mines and Energy has opened applications for both national and international companies to apply for licensing rights in two mining concession areas. ...
Huon Dina
https://www.khmertimeskh.com/50762061/applications-for-mining-rights-open/
National commitee probes gold mining operations in Kratie
The National Committee for Prevention and Crackdown on Natural Resource Crimes targeted an illegal gold mining operation in Kratie, marking the fourth such investigation in the area within a week. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/national-commitee-probes-gold-mining-operations-kratie
First gold production is to proceed despite pandemic
Renaissance Minerals (Cambodia) Ltd, a subsidiary of Australia-listed Emerald Resources NL, has reiterated that its first gold production will go as planned despite the impact of the COVID-19 pandemic. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50733884/first-gold-production-is-to-proceed-despite-pandemic/
Ministry to give mining rights for four coal sites
The Ministry of Mines and Energy is set to review applications soon for rights to four coal mining concession areas – totalling 794sq km – it opened late in March in the Kingdom’s north. ...
Thou Vireak
https://www.phnompenhpost.com/business/ministry-give-mining-rights-four-coal-sites
Further gold production on horizon for Cambodia
Renaissance Minerals (Cambodia) Ltd, a subsidiary of Australia-listed Emerald Resources NL, said it has raised more funds during the first quarter of the year, with more development activities towards gold production next year. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50718690/further-gold-production-on-horizon-for-cambodia/
Gold mine extraction expected this year with more than 40 exploration licences issued
Extraction of the first gold mines in Cambodia has been confirmed to be made within this year, as more than 40 exploration licences on non-mantel mines including gold have been issued to private companies. ...
Khmer Times Staff
https://www.khmertimeskh.com/50716170/gold-mine-extraction-expected-this-year-with-more-than-40-exploration-licences-issued/
Cambodia nets $21M from mining
Cambodia collected $21 million in non-tax revenue from the mining sector last year, up five per cent from 2018, said a Ministry of Mines and Energy senior official. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-nets-21m-mining
Cambodia hoping to produce oil this year, despite global slump
As the global price of oil craters amid the Covid-19 pandemic, Singapore-based KrisEnergy Ltd remains on track to extract the first drop of oil in the first half of this year, said a Ministry of Mines and Energy senior official. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-hoping-produce-oil-year-despite-global-slump
Record-low oil prices to to continue
A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...
Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/
Gov’t calls for new mining exploration bids
The Mine and Energy Ministry has called on local and foreign companies to bid for mining exploration licences. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50705869/govt-calls-for-new-mining-exploration-bids/
Emerald Resources, Sprott enter credit agreement
Australia-listed Emerald Resources NL has entered into an investment committee approved term sheet with Sprott Private Resource Lending II LP to provide a $60 million facility that will be used to finance the Okvau Gold Project in Mondulkiri. ...
May Kunmakara
https://www.phnompenhpost.com/business/emerald-resources-sprott-enter-credit-agreement
Government grants approvals in principle for copper exploration
The Ministry of Mines and Energy on Sunday announced that two companies have been granted initial approval to carry out copper exploration in the Kingdom. ...
Thou Vireak
http://phnompenhpost.com/business/government-grants-approvals-principle-copper-exploration
Oil deal expected with Canadian firm
The government and Canadian firm EnerCam Co will soon sign an oil exploration agreement for Block VIII in Preah Sihanouk province, a senior official at the General Department of Petroleum said on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/business/oil-deal-expected-canadian-firm
As KrisEnergy gears up to produce Cambodia’s first drop of oil, it has been besieged by creditors
The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...
Khmer Times Staff
https://www.khmertimeskh.com/50693541/as-krisenergy-gears-up-to-produce-cambodias-first-drop-of-oil-it-has-been-besieged-by-creditors
KrisEnergy to sell Vietnam oil block and focus on diversion to Cambodia field
Singaporean oil and gas company KrisEnergy has decided to give up one of its oil exploration blocks in Vietnam to focus on its operations in Cambodia. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50692143/krisenergy-to-sell-vietnam-oil-block-and-focus-on-diversion-to-cambodia-field
Chinese company granted licence to explore Block D
Chinese-owned Cambodian Resources Energy Development Co Ltd has been granted a three-year exploration licence in the Gulf of Thailand’s Block D, off the coast of Cambodia, a senior official at the General Department of Petroleum told The Post on Thursday. ...
Thou Vireak
https://www.phnompenhpost.com/business/chinese-company-granted-licence-explore-block-d
Black gold on the horizon
The Ministry of Mines and Energy signed a petroleum agreement with Cambodia Resources Energy Development Co on exploration of the offshore Block D oilfield. “Signing the agreement allows the company to conduct studies and search for oil in Block D,” Cheap Sour, director-general of Petroleum ...
Chea Vannak
https://www.khmertimeskh.com/50690818/black-gold-on-the-horizon
Hopes for a glittering future: Ministry
Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, is scheduled next year to begin mining gold in Cambodia’s Mondulkiri province, according to the Ministry of Mines and Energy. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50690819/hopes-for-a-glittering-future-ministry
Okvau gold project funding to add $51M
Australian-listed mining firm Emerald Resources NL on Monday announced plans to raise A$75 million (US$51 million) in funds for its Mondulkiri-based Okvau gold project with two placements of 1.875 billion new shares. The first is an unconditional placement for approximately A$30.5 million and the second ...
Thou Vireak
https://www.phnompenhpost.com/business/okvau-gold-project-funding-add-51m
LNG imported from China to Cambodia
Local business Cambodian Natural Gas Co Ltd and Chinese firm CNOOC Gas Power Group Co Ltd teamed up in importing liquefied natural gas (LNG) to distribute within Cambodia’s market. The company’s officers said the cooperation is to import the LNG to supply demand in the ...
Chea Vannak
https://www.khmertimeskh.com/50680059/lng-imported-from-china-to-cambodia
Dredging suspended in Banteay Srei district
Sand-dredging was suspended in Siem Reap province’s Banteay Srei district on Monday after it was found that unlicensed operations had polluted creeks, leaving fish dead and impacting residents. Banteay Srei district governor Khim Finan told The Post on Tuesday that it had been found that ...
Voun Dara
https://www.phnompenhpost.com/national/dredging-suspended-banteay-srei-district
Public bidding for mining licences starts
The Ministry of Mines and Energy announced public bidding for mine exploration, calling on local and foreign companies to apply. The move is made as the first commercial gold mine extraction is scheduled this year. ...
Chea Vannak
https://www.khmertimeskh.com/50679846/public-bidding-for-mining-licences-starts