Chinese Mining Firm Plans Siem Reap Extraction
A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...
Cambodian miner Khmer Resources plans to tap Hong Kong capital market
Khmer Resources Investment, which is backed by the Cambodian government, aims to list in Hong Kong within two years, chairman Cao Yunde said. “We intend to leverage the capital market of Hong Kong to finance our growth through a public listing so as to maximise the ...
Mesco, Angkor to mine gold
Mesco Gold, an associated company of India-based Mesco Steel, will sign an agreement with Angkor Gold to mine the Phum Syrang prospect on one of its economic land concessions in Ratanakkiri province. “We’ve been exploring the area since 2006. We’ve been drilling holes and there’s ...
http://www.phnompenhpost.com/2013011860848/Business/mesco-angkor-to-mine-gold.html
Police reopen OZ, Cochlear bribery cases
THE Australian Federal Police will reopen corruption inquiries into major Australian companies OZ Minerals and Cochlear, after searing criticism that it was lax in its investigations. OZ Minerals will be targeted following discussions with the OECD about the AFP’s previous investigation of alleged foreign ...
http://www.smh.com.au/business/police-reopen-oz-cochlear-bribery-cases-20130112-2cmrt.html
Angkor Gold cashes in on Cambodia
It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early mover strategy in the developing Southeast Asian nation might be poised to pay off. To kick ...
http://www.northernminer.com/news/angkor-gold-cashes-in-on-cambodia/1001981285/?type=HotSectors
Okvau explorer raises $10m
Renaissance Minerals has raised $10 million for its gold-mining program at the Okvau deposit, in Mondulkiri province. The Australian company had estimated the area contained 729,000 ounces of gold. Renaissance’s biggest challenge would be to finance the project by equity investments world-wide, Tremain said. Renaissance is ...
http://www.phnompenhpost.com/2013010960685/Business/okvau-explorer-raises-10m.html
Miner buys into Cambodian copper
Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...
http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html
Two people killed as mine collapses
Police officials said yesterday two people had died when a Mondulkiri gold mine collapsed on Saturday, but that neither of them worked for the mining company that owns it. Provincial police chief Nhem Vanny said two men aged 25 and 30, had died in a ...
Two Die While Illegally Digging for Gold
Two men died in Mondolkiri province’s Pech Chreada district on Sunday after a gold mining pit they were digging collapsed in on top of them, police said yesterday. Provincial police chief Nhem Vanny said that the victims, Sao Leng, 20, and Tharn Kim, 19, had been ...
Indochine Mining Limited (ASX:IDC) Successful Capital Raising
Indochine Mining Limited (ASX:IDC.AX – News) is pleased to announce a successful capital raising from existing institutional shareholders and a new major global fund Indochine Mining Limited (ASX:IDC.AX – News) is a gold-copper exploration and development company. In Cambodia, it has the largest mining property holding ...
http://au.finance.yahoo.com/news/indochine-mining-limited-asx-idc-031410444.html
Kompong Thom Prepares to Halt 100 Illegal Miners
Kompong Thom provincial officials will stop illegal gold mining in seven locations in Sandan district’s Meanrith commune come November, provincial and district officials said. About 100 residents of Meanrith have been illegally digging for gold in the district for several years, provincial deputy governor King Vimean ...
Runoff From Illegal Gold Mines Cause Cow Deaths
Toxic runoff from small-scale gold mining operations in Battambang province killed two cattle on Wednesday, the latest casualties from pollution in the area led to the closing of more than 100 mines earlier this year. Officials from the provincial mines department yesterday said they were unaware of ...
Unexplored Cambodia Shines For Angkor Gold
On top of impressive growth, the Royal Government is opening the country to international investment As for mining: the country is now open for international business. The stable, democratic government passed anti-corruption laws in 2011 and has dedicated itself to working with private business The most active ...
http://www.marketwatch.com/story/unexplored-cambodia-shines-for-angkor-gold-2012-10-17
Gold struck in Mondulkiri
An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the longer term. Renaissance Minerals managing director Justin Tremain told the ...
http://www.phnompenhpost.com/index.php/2012101159244/Business/gold-struck-in-mondulkiri.html
Companies aim to be socially minded
Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...
Angkor sees gold in Liberty
Angkor Gold Corp has acquired a new economic land concession as it gains full control of its other concessions with the purchase of another mining company, according to officials. According to a statement released last week, Angkor Gold has purchased Liberty Mining International Pty Ltd (Liberty), ...
http://www.phnompenhpost.com/index.php/2012091058590/Business/angkor-sees-gold-in-liberty.html
Angkor Gold Corp. Acquires the Andong Meas Concession in Cambodia
Angkor Gold Corp. (TSXV:ANK4) acquired Liberty Mining ad Transol Mining, owners of the 209 square kilometre Andong Meas concession in Cambodia. As quoted in the press release: “The Acquisition results in two significant accomplishments. First, it adds 100% ownership of an entirely new 209-square kilometre concession known ...
http://goldinvestingnews.com/27883/angkor-gold-corp-acquires-the-andong-meas-in-cambodia.html
Show the licenses: SRP
An opposition lawmaker is calling for the government to publicise its licensing of Cambodian mines, claiming that parliament has never received formal documentation of licensed mining companies. In a letter to Minister of Industry Mines & Energy Suy Sem last week, Sam Rainsy Party lawmaker Son ...
http://www.phnompenhpost.com/index.php/2012083158408/National-news/show-the-licences-srp.html
Villagers Dig for Treasure as Gold Fever Hits Takeo Province
a gold rush came to Angkor Borei district over the weekend, with dozens of villagers trying their hand at treasure hunting after word got out that there was gold to be found in the soil of a newly dug road in Prek Phtorl commune. The area ...
Service sector eyes AEC's pot of gold
Thai small and medium-sized enterprises (SMEs) in the auto services, logistics, software and medical tourism sectors are tipped to see massive growth opportunities once the Asean Economic Community (AEC) is set up. Industry Minister M.R. Pongsvas Svasti said Thailand’s service sector, which accounts for 30% of ...
http://www.bangkokpost.com/business/economics/309110/service-sector-eyes-aec-pot-of-gold
Mining Firm With Local Licenses Sees Investment
BlackRock Inc., the world’s largest investment firm, has purchased a multi-million dollar stake in a mining firm with a gold exploration licenses in Cambodia. Stephen Promnitz, CEO of Indochine Mining, which is listed on the Australian Stock Exchange and holds a gold exploration license in Kratie ...
Firms Go to Arbitration Over Failed Gold Mining License Deal
Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...
Firms Go to Arbitration Over Failed Gold Mining License Deal
Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...
Firm says gold deposit discovered in Mondolkiri
Renaissance Minerals announced Friday it has discovered a high-grade gold deposit in an area in Mondolkiri province that lies within the Australian firm’s Cambodian Gold Project. The new find is located about 500 meters to the northeast of the company’s Okvau exploration zone. The announcement comes ...