Extractive Industries
Twenty put end to latest Caltex strike
Petrol station workers who were back on strike on Friday returned to work yesterday as they prepare to file a complaint to the Ministry of Labour against US-owned Caltex over alleged rights abuse. Yoeun Reth, one of 20 Caltex workers striking on Friday, said yesterday that ...
Mom Kunthear
http://www.phnompenhpost.com/national/twenty-put-end-latest-caltex-strike
Imports of petroleum on the rise last quarter
Cambodia’s petrol bill topped $440 million at the end of the first quarter, up 11 per cent from $397 million during the same period last year, according to data from the Ministry of Commerce. The data show Cambodia imported a total of 453,000 tonnes of petroleum ...
May Kunmakara
http://www.phnompenhpost.com/business/imports-petroleum-rise-last-quarter
Cambodia's oil imports up 10 pct in Q1
Cambodia imported 453,000 tons of petroleum in the first three months of 2014, up 10 percent from 412,190 tons over the same period last year, the data of the Ministry of Commerce showed Tuesday. During the January-March period this year, the country spent 442 million U.S. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MjhiNWFmMjgwODB
Oz an example for mining reform
Inspired by Australian mining regulations, the Cambodian government is considering a raft of changes to the mineral resources mining law, including a rethink of the sector’s comparatively high tax rate. Citing discussions held with Western Australia state mining industry representatives last week, Meng Saktheara, secretary of ...
Eddie Morton
http://www.phnompenhpost.com/business/oz-example-mining-reform
Mining industry looks to Aus
A mining delegation from Cambodia has left for a fact-finding tour of Australia in a bid to glean knowledge from one of the world’s largest minerals exploration countries. The trip is being coordinated by the International Mining for Development Centre of the Western Australia state government. The ...
Eddie Morton
http://www.phnompenhpost.com/business/mining-industry-looks-aus
Caltex loosing hundreds of thousands of dollars, striking workers say
Chevron’s Caltex gas stations are potentially losing hundreds of thousands of dollars per day in Cambodia, striking employees say. Workers say Caltex, a subsidiary of US-based multinational Chevron, sells between 5,000 to 10,000 liters per station per day, putting its losses between $350,000 to $700,000 ...
Khoun Theara,
http://www.voacambodia.com/content/caltex-loosing-hundreds-of-thousands-of-dollars-striking-workers-say/1914429.html
Strike by Cambodian Caltex staff enters 3rd day after wage talks fail
Cambodian workers for the U.S.- owned Caltex petrol stations in Phnom Penh continued their strike for higher wages Wednesday after wage negotiations late Tuesday failed to reach any agreement. Strike leader Sar Mora, president of the Cambodian Food and Service Workers Federation, said some 300 Caltex ...
Xinhuanet News
http://news.xinhuanet.com/english/world/2014-05/14/c_133332966.htm
Groups want US help in improving transparency in extractive industries
Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...
Areng Valley group, villagers to visit Mines Ministry
The Ministry of Mines and Energy invited the head of an NGO battling to stop construction of a highly criticized dam in a remote area of Koh Kong province to meet with ministry officials Friday. Signed by Mines Minister Suy Sem and dated April 25, the ...
Khuon Narim
http://www.cambodiadaily.com/news/areng-valley-group-villagers-to-visit-mines-ministry-57870/
Planning delays oil refinery’s progress
Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from ...
Chan Muyhong
http://www.phnompenhpost.com/business/planning-delays-oil-refinery%E2%80%99s-progress
Geopacific Resources could have unearthed major gold copper system in Cambodia
Geopacific Resources’ (ASX: GPR) may have discovered a major gold and copper system from drilling in Cambodia which on the results could yet get bigger. Standout results from preliminary gold assays from follow-up RC drilling at the 150 Prospect have extended the strike length of high ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/54565/geopacific-resources-could-have-unearthed-major-gold-copper-system-in-cambodia-54565.html
Cambodia asks for help in oil and gas industry
Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...
Simon Henderson
http://www.cambodiadaily.com/business/cambodia-asks-for-help-in-oil-and-gas-industry-57237/
Canada couple bring Chinese, Indians into Cambodia gold company
Mike Weeks and Delayne Weeks of Canada had a dream five years ago: create a gold mine. Do it in a nation that has never produced gold commercially. Use the process to educate and enrich an impoverished population. The country is Cambodia. The mine is in northeast ...
Thom Calandra
http://www.equities.com/editors-desk/futures-commodities/canada-couple-bring-chinese-indians-into-cambodia-gold-company
Angkor Gold (V.ANK) says financing deal puts Cambodia 'in play'
Angkor Gold Corp. (TSX: V.ANK, Stock Forum) has entered into a strategic alliance with Hong Kong-based Tohui Beishan Property Group Holding Ltd. (TG) that could provide up to $10.5 million for exploration in Cambodia, Angkor said Monday. The strategic alliance between Angkor and TG includes TG’s ...
Stockhouse News Staff
http://www.stockhouse.com/news/newswire/2014/04/14/angkor-gold-v-ank-says-financing-deal-puts-cambodia-play
Woman tried for insulting RCAF mining tycoon
The Phnom Penh Municipal Court on Monday heard the case of a woman charged with defaming mining magnate and RCAF Lieutenant General Nim Meng in relation to a land dispute in Preah Sihanouk province. Presiding Judge Kim Dany said that Sok Neang Gek was being charged ...
Eang Mengleng
http://www.cambodiadaily.com/news/woman-tried-for-insulting-rcaf-mining-tycoon-54433/
Verde forges rare earth partnerships with Cambodian, Vietnamese mining companies
Nevada-based Verde Resources Inc says it has signed memoranda of understanding with Cambodia’s Black Stallion Mining Group Ltd and Vietnam’s Phu Duc Mineral Joint Stock Company to prospect for and develop rare earth resources. In a statement released in Malaysia late Tuesday, Verde Resources said the ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjQ1ZWIzZmY5ZWY
Angry villagers block dusty quarry road in Takeo province
About 300 angry villagers blocked a dusty road in Takeo province’s Bati district on Friday, demanding that three quarrying firms follow through on promises to pave it, a local official said Sunday. The villagers are unhappy that the quarrying firms’ trucks kick up massive amounts of ...
Eang Mengleng
http://www.cambodiadaily.com/news/angry-villagers-block-dusty-quarry-road-in-takeo-province-53403/
Mirach Energy updates on upstream operations in Cambodia, Indonesia
Mirach Energy Limited disclosed Friday that its associate company CPHL (Cambodia) has submitted the final draft of Environment Impact Assessment (EIA) for Cambodia offshore Block D to the country’s Ministry of Mine and Energy’s unit Cambodian National Petroleum Authority (CNPA) for approval. ...
Rigzone News Staff
http://www.rigzone.com/news/oil_gas/a/131886/Mirach_Energy_Updates_on_Upstream_Operations_in_Cambodia_Indonesia
Geopacific Resources hits copper in first hole at Kou Sa, Cambodia
Geopacific Resources (ASX: GPR) has revealed results from the first drillhole at its untested Northern Porphyry prospect at Kou Sa in Cambodia. Copper sulphide mineralisation of 3.9 metres at 3.13% copper, with 0.06 metres at 5.2%, from 33.4 metres was intersected in a new area of the ...
Proactive Investors
http://www.proactiveinvestors.com.au/companies/news/53229/geopacific-resources-hits-copper-in-first-hole-at-kou-sa-cambodia-53229.html
No oil for up to five years: Cambodian government
It will be years before oil starts to be produced by energy giant Chevron’s offshore site in the Gulf of Thailand, a senior Cambodian official said yesterday. Meng Saktheara, secretary of state at the Ministry of Mines and Energy, said that negotiations over taxation have continued ...
Daniel de Carteret
http://www.phnompenhpost.com/business/no-oil-five-years-cambodian-government
Renaissance Minerals kicks off drilling at Area 1, North of Okvau, Cambodia
Renaissance Minerals (ASX:RNS) has commenced first pass drilling at the Area 1 gold Prospect located 3 kilometres from its 1.2 million ounce Okvau Deposit in Cambodia. An initial 3,500 metres of reverse circulation drilling has been planned to confirm geological interpretation and test for shallow mineralisation beneath ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/53050/renaissance-minerals-kicks-off-drilling-at-area-1-north-of-okvau-cambodia-53050.html
Renaissance Minerals hits near surface, high grade gold at Okvau in Cambodia
Renaissance Minerals (ASX: RNS) should trade higher after revealing impressive follow-up drilling results from its Okvau gold project in Cambodia. Notable results included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres. These results ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/52658/renaissance-minerals-hits-near-surface-high-grade-gold-at-okvau-in-cambodia-52658.html
Construction of Belarus tractor assembly plant in Cambodia nearing completion
The progress in the project to build the Belarus tractor assembly plant in Cambodia was discussed in a meeting between Belarusian Ambassador to Russia Igor Petrishenko and Ambassador of the Kingdom of Cambodia to Russia Thay Vanna, BelTA learnt from the press service of the ...
BelTA News Staff
http://news.belta.by/en/news/econom?id=739642
Miners encroaching: villagers
Hun Sen’s army of student land measurers may have marked ground for them in 2012, but representatives of about 20 ethnic families in Ratanakkiri province said yesterday that their combined 50 hectares of land has now been invaded by hordes of families digging for gems. Chhay ...
Phak Seangly
http://www.phnompenhpost.com/national/miners-encroaching-villagers