Extractive Industries

Australian mining company Emerald Resources has found “encouraging” results from a round of infill drilling at its Okvau gold project in Mondulkiri province, the company said in a filing to the ASX yesterday. ...

An insurrection led by ethnic Jarai villagers against the Kingdom’s first commercial underground gold mine, to be operated by Indian-owned Mesco Gold (Cambodia), looms over the green, serene remote hamlet of Plung, a few kilometers from the Vietnamese border, in Ratanakiri’s O’Yadaw district. ...

In the first eight months of the year the Ministry of Mines and Energy has already surpassed its annual target for non-tax revenue collection from sand dredging and construction material-related mining operations, collecting 117 percent of the $6.6 million outlined in the 2016 national budget, ...

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

Rattanakiri provincial authorities were urged by a National Assembly commission yesterday to take swift action against illegal gem mining, which they blamed on infrastructure damage and tax revenue loss. Speaking after a meeting with provincial authorities at the provincial hall, opposition member Heng Danaro said the ...

Cambodia urged the heads of all Asean national oil companies to cooperate together to ensure that there is demand and supply of energy in the 10-nation grouping, said a senior official in the Ministry of Mines and Energy. ...

In the wake of recent illegal digging in the capital, Minister of Mines and Energy Suy Sem has called on the Phnom Penh city governor to stop issuing licences allowing businesses to dig soil in the city and to strengthen its enforcement on a longstanding ...

In a milestone for Cambodia’s nascent mining industry, the government has issued the first commercial mining licence to Mesco Gold, giving the Indian mining firm a green light to extract and process ore at its gold project in Ratanakkiri province, industry sources said yesterday. The landmark ...

Cambodia’s oil and gas reserves will not see any production until at least 2018, according to a report by London-based BMI. ...

The Ministry of Mines and Energy is set to issue the country’s first commercial underground mining license to Indian company Mesco Gold in two weeks, despite opposition by residents of two villages concerned about compensation and environmental damage. The company plans to break ground on its ...

The Ministry of Commerce is visiting the Kingdom’s petroleum importers to check their inventories following the release of new regulations this week that require the companies to maintain and report their stock levels, a ministry official said yesterday. ...

The 42nd Asean Council on Petroleum members’ meeting will be held in Siem Reap next month, a senior government official told Khmer Times. The meeting, which will include representatives from the national petroleum companies of the nine other Asean members, plus Cambodia’s Ministry of Mines and ...

While local petroleum prices have dropped by nearly a quarter of their value since the start of the year, companies operating in the Kingdom’s highly competitive transportation sector insist they have not been able to convert lower fuel costs into higher profits – even when ...

Kampuchea Tela Co Ltd, one of the Kingdom’s largest fuel importers and distributors, has announced that it will double its petrol storage facilities, increasing their capacity to 200 million litres, a local media outlet reported yesterday. ...

The Ministry of Mines and Energy is in talks with the Chinese government to build a research and training school, in order to boost the staffing capabilities of the country’s growing mining industry, according to a senior ministry official. Following recent news that gold deposits ...

Angkor Gold Corp., a Canada-based mineral exploration company with operations in Cambodia, has completed its exploration and analysis of ground samples at its Koan Nheak site in Mondulkiri province. Around 31.8 grams per ton (g/t) of gold were found in the samples, according to a ...

Singapore-listed oil and gas firm KrisEnergy Ltd is moving closer to finalising its deal with the Cambodian government that will pave the way for extraction from the Block A offshore oil field once negotiations over a technical strategy and fiscal regime have been finalised. ...

Five Vietnamese nationals who were renting a home from the local immigration department chief were arrested on Friday for conducting illegal mining operations in Ratanakkiri province’s O’Yadav district. ...

After an unexpectedly lengthy review, the Ministry of Environment has approved the environmental and social impact study of Indian mining firm Mesco Gold, clearing the last major hurdle for the company to receive a licence to operate the Kingdom’s first royalty-generating mine. ...

Australian mining firm Emerald Resources is preparing to commence first-pass test drilling on its O’Rman prospect in northeastern Cambodia, where soil assays from augur samples have indicated the presence of gold mineralisation, the company said in its latest quarterly report.   ...

A new Japanese company, Gas One (Cambodia) Co Ltd, aims to tap into the surge of liquefied petroleum gas (LPG) usage in the Kingdom by providing engineering and supply solutions to large-scale developments, its chief executive said yesterday. ...

Timor-Leste’s fledgling economy depends on oil and gas production and Cambodia is seeking assistance from Asia’s youngest nation to help develop its draft petroleum law which is expected to be adopted into legislation by the Council of Ministers next year. ...

The Ministry of Mines and Energy (MME) yesterday sent the newly-drafted petroleum law to civil society organizations and other partner institutions working in the extractive sector for consultations before submitting it to the Council of Ministers for approval by the end of this year. ...

Australian mining firms Emerald Resources and Renaissance Minerals have agreed to merge in an all-stock deal that aims at creating synergies to develop gold projects in northeastern Cambodia, the companies said in a joint announcement yesterday. ...