Royal Group to Take Stake in Mining Project

7 January 2013
The Cambodia Daily
Copper / Economy and commerce / Energy / Extractive Industries / Extractive industries policy and administration / Generation and distribution facilities / Hydropower dams / Industrial mining / Investment / Minerals and mineral products / Mining / Renewable energy production
Australian Securities Exchange / Australian-led mineral company / banking / Chheb district / Chinese firm / dam / GDR / Geopacific Resources NL / Golden Resources Development Co. Ltd / Hydrolancang International Energy Co Ltd / hydropower industry / Kao Sa mining exploration / Kith Meng / Lower Sesan 2 hydropower dam / Preah Vihear Province / Royal Group / service sectors / telecommunications / World Wide Mining Projects Limited / WWM

A mining company listed on the Australian Securities Exchange has announced a plan to pay $14 million for a license to explore for copper in Preah Vihear province, in a deal involving local conglomerate Royal Group. In an announcement to the bourse last Thurday, Geopacific Resource NL said that it will take over World Wide Mining Projects Limited (WWM), in order to have the option of taking on the Kao Sa mining exploration on Chheb district. …

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