Cambodia sees gold price dip

Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...

http://www.phnompenhpost.com/business/cambodia-sees-gold-price-dip

Lao Dams, Mining Ruining Sekong Water Quality in Cambodia

Dam-building and gold mining in southern Laos are ruining water quality downstream on the Sekong River in Cambodia, where villagers are no longer able to drink or use the water, according to an environmental group. The activities undertaken by Lao and Vietnamese companies on the Sekong’s ...

http://www.rfa.org/english/news/laos/sekong-06252013190742.html

Despite Law, Minority Rights Receive Very Few Protections

The government does little to protect the rights and livelihoods of the country’s many ethnic minorities who are under constant threat from rapid development, representatives of indigenous groups said yesterday. “We have polices laws and guidelines to protect indigenous people, but we see that it doesn’t ...

http://www.cambodiadaily.com

In Mondolkiri, Political Candidates Address Ethnic Minority Concerns

Human rights workers and other civil society groups on Wednesday urged the competing political parties for July’s election to address the ongoing land crises and illegal deforestation that are hurting indigenous populations. About 100 people from various ethnic minority groups from five provinces attended a forum ...

http://www.voacambodia.com/content/in-mondolkiri-political-candidates-address-ethnic-minority-concerns/1685248.html

Australian Police Say Appropriate Steps Taken in BHP Bribery Case

The Australian Federal Police (AFP) said Monday they have taken the necessary steps to investigate claims that the world’s largest mining company, BHP Billiton, bribed officials in Cambodia and played down reports that it had mishandled one the country’s largest cases in corporate corruption. “The ...

http://www.cambodiadaily.com/business/australian-police-say-appropriate-steps-taken-in-bhp-bribery-case-31221/

Mine Safety Law on Agenda

The government plans to draft a law designed to govern safety standards in the Kingdom’s mining industry, an official said yesterday, little more than a week after at least one gold miner went missing when a shaft collapsed in Preah Vihear province. Khieu Muth, a secretary ...

http://www.phnompenhpost.com/2013053165981/National/mine-safety-law-on-agenda.html

Geopacific extends its copper zone

Geopacific Resources, an Australian mineral exploration company, said it has extended the zone of copper found in Preah Vihear province’s Kou Sa district to 18 kilometres, the company announced yesterday. ...

http://www.phnompenhpost.com/2013052965899/Business/geopacific-extends-its-copper-zone.html

Think Tank Says Cambodia Isn't Managing Its Resources

With the potential for vast state revenues from oil extraction and mining in coming years, Cambodia is currently failing to manage its nascent extractive industries according to a think tank. New York-based Revenue Watch Institute yesterday launched its 2013 Resource Governance Index, which included Cambodia for ...

http://www.cambodiadaily.com/business/think-tank-says-cambodia-isnt-managing-its-resources-24530/

Gold resource in northeastern Cambodia estimated at 1.2 mln ounces

Australia’s Renaissance Minerals (Cambodia) Ltd. unveiled Thursday that it estimated that gold resource[s] at O’kvau area in Cambodia’s Mondolkiri province could be as much as 1.2 million ounces, the firm’s Managing Director Justin Tremain said. Speaking during a meeting with Cambodian Minister of Industry, Mines and ...

http://www.globaltimes.cn/content/780533.shtml#.UYxVHaKj2xA

606 New Companies Opened in Cambodia in Q1, Down 33 pct

Cambodia had granted operating licenses to 606 new companies in the first quarter of this year, a 33 percent decrease compared with the 904 firms at the same period last year, the Commerce Ministry’s report showed Tuesday. Yim Rom, an official at the ministry’s statistics ...

http://www.globaltimes.cn/content/776875.shtml#.UXY28rXTxe8

Firm to Develop Gold Mine in Ratanakkiri

A subsidiary of Indian firm Mesco Steel has arrived in Cambodia to begin developing a gold mine in Ratanakkiri province, according to an investor involved in the deal. Mesco Gold has paid a fee of $1.2 million to Canada-listed exploration firm Angkor Gold to develop a ...

http://www.cambodiadaily.com/business/firm-to-develop-gold-mine-in-ratanakkiri-19319/

Government Denies Reports on Mining Corruption and Hun Sen

The Cambodian government on Thursday dismissed media reports in Australia linking Prime Minister Hun Sen to a mining company under investigation there for corruption. Earlier this week, The Age newspaper reported on Australian documents that described officials from BHP Billiton seeking a special meeting with Hun ...

http://www.voacambodia.com/content/government-denies-reports-on-mining-corruption-and-hun-sen/1630623.html

Strongman's hand in BHP deal

A BHP Billiton mining deal being investigated for alleged corruption was personally overseen by Cambodian strongman Hun Sen, diplomatic cables reveal. The miner’s aborted attempt to establish a bauxite mine in Cambodia, and its hospitality program for Chinese officials at the 2008 Beijing Olympics, are at ...

http://www.smh.com.au/national/strongmans-hand-in-bhp-deal-20130325-2gqae.html

Indian Firms Look To Cambodia Industries

A delegation of 15 Indian firms is in Cambodia this week looking to increase the country’s involvement in Cambodia’s economy, particularly in the agriculture and mining sectors. At present, Cambodia does modest trade with India, the second largest country in the world by population. But the ...

http://www.cambodiadaily.com

Chinese Firms Foresee Industrial Hub in Preah Vihear

Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...

http://www.cambodiadaily.com/selected-features/chinese-firms-foresee-industrial-hub-in-preah-vihear-14132/

Report shows lack of information on Chinese-Funded Railway

With locals demanding dialogue with the Chinese firms behind a proposed multibillion dollar rail line to Preah Vihear province, an NGO report released yesterday highlights the dearth of information that has been made available on the project. Chinese company Cambodia Iron Steel Mining Industry Group (CISMIG) ...

http://www.cambodiadaily.com/news/report-shows-lack-of-information-on-chinese-funded-railway-12723/

Insight: Cambodia's $11 billion mystery

The remote district of Rovieng was once a battleground between Cambodian government troops and Pol Pot’s genocidal Khmer Rouge. Unexploded bombs still lurk in its fields and forests. So does something more desirable – iron ore – and supposedly in such huge quantities two Chinese companies ...

http://www.reuters.com/article/2013/02/13/us-cambodia-china-idUSBRE91C1N320130213

Gold rush in Prey Lang forest

For four years now, this mineral-flecked land deep inside the Prey Lang forest has drawn thousands of small-scale seasonal miners. There are perks to working the dry season: space is one, avoiding the unofficial “taxation” system is another. For years, development agencies have urged a sweeping ...

http://www.phnompenhpost.com/2013021361348/National/gold-rush-in-prey-lang-forest.html

Greener Pastures

Market competition resulting from costly domestic rice remains a key factor driving Thai exporters to seek openings in neighbouring countries where the rice trade is more prosperous. Exporters say their performance was weak last year, mirroring the country’s overall decline in rice exports, which plunged ...

http://www.bangkokpost.com/business/economics/335303/greener-pastures

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