ព័ត៌មាន
Forum talks up CLV development triangle
A Dak Lak province business forum late last week discussed measures to further promote investment in the Cambodia-Laos-Vietnam Development Triangle. About 300 delegates and guests from the three countries attended the forum, organised by the Vietnam’s Ministry of Planning and Investment (MPI), in partnership with Vietnam’s ...
http://english.vietnamnet.vn/fms/business/52545/business-in-brief-15-11.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 ...
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
Lower Sesan 2's Power not worth a dam: NGO
While the humanitarian objections to Mondulkiri’s proposed Lower Sesan 2 hydropower dam project are well documented, a report from conservation NGO International Rivers yesterday highlighted an objection of another sort: the Lower Sesan wouldn’t be a very good location for a dam in the first ...
CEDAC plus honey makes for a sweet deal
Honey collectors from four provinces in Cambodia signed an agreement with the Cambodian Center for Study and Development in Agriculture (CEDAC) in order to bring more honey to the capital. CEDAC has encouraged farmers from four provinces – Preah Vihear, Kratie, Koh Kong and Mondulkiri – ...
Mu Sochua calls out Aussie mining firms
Opposition parliamentarian Mu Sochua has taken aim at Australian mining companies eyeing the Kingdom’s resources, travelling to their home soil to lobby the halls of power. Mu Sochua cited fears that Australian companies awarded exploration concessions in Ratanakkiri and Mondulkiri provinces will treat ethnic minorities there ...
Indigenous land exploited
The Royal Government of Cambodia and private land developers were exploiting indigenous communities in Mondulkiri and Ratanakiri provinces by signing concession deals for the communities’ land without prior consultation, advocates said yesterday. “We urge the government as well as the private sector to respect [indigenous peoples’] ...
http://www.phnompenhpost.com/index.php/2012030254821/National-news/indigenous-land-exploited.html
China firm plans bauxite processing plant in Kratie
China’s Erdos Hongjun planned to build a bauxite processing plant in Kratie province as part of the company’s US$1.5 billion venture in the Kingdom’s northeast, provincial officials said yesterday. The plant would serve Erdos’s mine in neighbouring Mondulkiri, an exploration licence for which was granted by ...
Halim in Cambodia RM2bil agriculture joint venture
PHNOM PENH: Malaysia expects to minimise its dependence on imports of animal feed and lessen the impact of the global food crisis by 2020 under the reciprocal investment policy, Agriculture and Agro-based Minister Datuk Seri Noh Omar said. One such initiative under the policy was the ...
http://biz.thestar.com.my/news/story.asp?file=/2011/10/17/business/9710198&sec=business
Cash crop deal to aid Kingdom
A Malaysian firm on Saturday signed a joint agricultural agreement with property development company Paragon Corporation Cambodia worth a potential US$2 billion in exports of corn, rubber, coffee and other cash crops. Penned by Paragon Corporation Cambodia and Markmore Group Malaysia, the joint development project will ...
http://www.phnompenhpost.com/index.php/2011101752151/Business/cash-crop-deal-to-aid-kingdom.html
Carbon credit for Seima Area
A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...
500 hectares of sanctuary granted to rubber company
Five hundred hectares of Mondolkiri land inside a protected wildlife sanctuary have been granted to a rubber company, sparking concerns among indigenous minorities who rely on the forest. According to a sub-decree dated August 31 and signed by Prime Minister Hun Sen, the government approved an ...
Brighton grows in Mondulkiri
Mining concession buy-outs will make Brighton Mining Limited one of the Kingdom’s largest miners by concession size in Cambodia’s Mondulkiri province, according to a company statement released yesterday. Brighton, an ASX-listed company, has completed negotiations with Summer Gold Investment Pty Limited for mining concessions in Mondulkiri ...
Brighton Mining Group to acquire Cambodian gold mining assets
Brighton Mining Group (ASX: BTN) has completed negotiations for the acquisition of a major interest in gold mining assets held directly or indirectly by Brighton Mining Limited (BML), boosting its concession holdings in Cambodia. These include the interest of BML in the Cambodian concessions held by ...
Kuwait-India JV to explore for gold, iron in Cambodia
Kuwait’s Pima International Co and D&D Pattnaik Group of India have jointly established Pima D&D International Co to explore for gold and iron in Cambodia The firm plans to invest between US$10 million and $15 million in gold and iron exploration in Kampong Chhnang, Kratie and ...
World Bank fund halt irks officials
THE government expressed disappointment yesterday with the World Bank’s announcement that it had halted new country loans due to the ongoing land dispute at Boeung Kak lake in Phnom Penh and vowed to raise the issue with the bank’s executive board. “We are very dissatisfied ...
Premier Approves Four More Land Concessions in Mondolkiri
Prime Minister Hun Sen has granted for more land concessions in Mondolkiri province. The concessions total more than 38,057 hectares. Pacific Lotus Joint stock received 9,014 hectares; Pacific Pearl Joint Stock received 9.614 hectares; Pacific Grand Joint Stock received 9,656 hectares and Pacific Pride Joint ...
Okvau resource’s value at centre of dispute
Gold in Mondolkiri is at the center of a dispute between OZ Minerals and Shin Ha Mining Co Ltd after an alleged breach in contract. OZ Minerals bought out Shin Ha Mining Co Ltd from their joint venture without paying the true value of the ...