Extractive Industries

Twenty put end to latest Caltex strike

Petrol station workers who were back on strike on Friday returned to work yesterday as they prepare to file a complaint to the Ministry of Labour against US-owned Caltex over alleged rights abuse. Yoeun Reth, one of 20 Caltex workers striking on Friday, said yesterday that ...

Mom Kunthear
http://www.phnompenhpost.com/national/twenty-put-end-latest-caltex-strike

Imports of petroleum on the rise last quarter

Cambodia’s petrol bill topped $440 million at the end of the first quarter, up 11 per cent from $397 million during the same period last year, according to data from the Ministry of Commerce. The data show Cambodia imported a total of 453,000 tonnes of petroleum ...

May Kunmakara
http://www.phnompenhpost.com/business/imports-petroleum-rise-last-quarter

Cambodia's oil imports up 10 pct in Q1

Cambodia imported 453,000 tons of petroleum in the first three months of 2014, up 10 percent from 412,190 tons over the same period last year, the data of the Ministry of Commerce showed Tuesday. During the January-March period this year, the country spent 442 million U.S. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MjhiNWFmMjgwODB

Mining industry looks to Aus

A mining delegation from Cambodia has left for a fact-finding tour of Australia in a bid to glean knowledge from one of the world’s largest minerals exploration countries. The trip is being coordinated by the International Mining for Development Centre of the Western Australia state government. The ...

Eddie Morton
http://www.phnompenhpost.com/business/mining-industry-looks-aus

Caltex loosing hundreds of thousands of dollars, striking workers say

Chevron’s Caltex gas stations are potentially losing hundreds of thousands of dollars per day in Cambodia, striking employees say. Workers say Caltex, a subsidiary of US-based multinational Chevron, sells between 5,000 to 10,000 liters per station per day, putting its losses between $350,000 to $700,000 ...

Khoun Theara,
http://www.voacambodia.com/content/caltex-loosing-hundreds-of-thousands-of-dollars-striking-workers-say/1914429.html

Strike by Cambodian Caltex staff enters 3rd day after wage talks fail

Cambodian workers for the U.S.- owned Caltex petrol stations in Phnom Penh continued their strike for higher wages Wednesday after wage negotiations late Tuesday failed to reach any agreement. Strike leader Sar Mora, president of the Cambodian Food and Service Workers Federation, said some 300 Caltex ...

Xinhuanet News
http://news.xinhuanet.com/english/world/2014-05/14/c_133332966.htm

Planning delays oil refinery’s progress

Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from ...

Chan Muyhong
http://www.phnompenhpost.com/business/planning-delays-oil-refinery%E2%80%99s-progress

Geopacific Resources could have unearthed major gold copper system in Cambodia

Geopacific Resources’ (ASX: GPR) may have discovered a major gold and copper system from drilling in Cambodia which on the results could yet get bigger. Standout results from preliminary gold assays from follow-up RC drilling at the 150 Prospect have extended the strike length of high ...

Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/54565/geopacific-resources-could-have-unearthed-major-gold-copper-system-in-cambodia-54565.html

Canada couple bring Chinese, Indians into Cambodia gold company

Mike Weeks and Delayne Weeks of Canada had a dream five years ago: create a gold mine. Do it in a nation that has never produced gold commercially. Use the process to educate and enrich an impoverished population. The country is Cambodia. The mine is in northeast ...

Thom Calandra
http://www.equities.com/editors-desk/futures-commodities/canada-couple-bring-chinese-indians-into-cambodia-gold-company

Woman tried for insulting RCAF mining tycoon

The Phnom Penh Municipal Court on Monday heard the case of a woman charged with defaming mining magnate and RCAF Lieutenant General Nim Meng in relation to a land dispute in Preah Sihanouk province. Presiding Judge Kim Dany said that Sok Neang Gek was being charged ...

Eang Mengleng
http://www.cambodiadaily.com/news/woman-tried-for-insulting-rcaf-mining-tycoon-54433/

Verde forges rare earth partnerships with Cambodian, Vietnamese mining companies

Nevada-based Verde Resources Inc says it has signed memoranda of understanding with Cambodia’s Black Stallion Mining Group Ltd and Vietnam’s Phu Duc Mineral Joint Stock Company to prospect for and develop rare earth resources. In a statement released in Malaysia late Tuesday, Verde Resources said the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjQ1ZWIzZmY5ZWY

Angry villagers block dusty quarry road in Takeo province

About 300 angry villagers blocked a dusty road in Takeo province’s Bati district on Friday, demanding that three quarrying firms follow through on promises to pave it, a local official said Sunday. The villagers are unhappy that the quarrying firms’ trucks kick up massive amounts of ...

Eang Mengleng
http://www.cambodiadaily.com/news/angry-villagers-block-dusty-quarry-road-in-takeo-province-53403/

Geopacific Resources hits copper in first hole at Kou Sa, Cambodia

Geopacific Resources (ASX: GPR) has revealed results from the first drillhole at its untested Northern Porphyry prospect at Kou Sa in Cambodia. Copper sulphide mineralisation of 3.9 metres at 3.13% copper, with 0.06 metres at 5.2%, from 33.4 metres was intersected in a new area of the ...

Proactive Investors
http://www.proactiveinvestors.com.au/companies/news/53229/geopacific-resources-hits-copper-in-first-hole-at-kou-sa-cambodia-53229.html

No oil for up to five years: Cambodian government

It will be years before oil starts to be produced by energy giant Chevron’s offshore site in the Gulf of Thailand, a senior Cambodian official said yesterday. Meng Saktheara, secretary of state at the Ministry of Mines and Energy, said that negotiations over taxation have continued ...

Daniel de Carteret
http://www.phnompenhpost.com/business/no-oil-five-years-cambodian-government

Renaissance Minerals kicks off drilling at Area 1, North of Okvau, Cambodia

Renaissance Minerals (ASX:RNS) has commenced first pass drilling at the Area 1 gold Prospect located 3 kilometres from its 1.2 million ounce Okvau Deposit in Cambodia. An initial 3,500 metres of reverse circulation drilling has been planned to confirm geological interpretation and test for shallow mineralisation beneath ...

Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/53050/renaissance-minerals-kicks-off-drilling-at-area-1-north-of-okvau-cambodia-53050.html

Renaissance Minerals hits near surface, high grade gold at Okvau in Cambodia

Renaissance Minerals (ASX: RNS) should trade higher after revealing impressive follow-up drilling results from its Okvau gold project in Cambodia. Notable results included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres. These results ...

Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/52658/renaissance-minerals-hits-near-surface-high-grade-gold-at-okvau-in-cambodia-52658.html

Construction of Belarus tractor assembly plant in Cambodia nearing completion

The progress in the project to build the Belarus tractor assembly plant in Cambodia was discussed in a meeting between Belarusian Ambassador to Russia Igor Petrishenko and Ambassador of the Kingdom of Cambodia to Russia Thay Vanna, BelTA learnt from the press service of the ...

BelTA News Staff
http://news.belta.by/en/news/econom?id=739642

Miners encroaching: villagers

Hun Sen’s army of student land measurers may have marked ground for them in 2012, but representatives of about 20 ethnic families in Ratanakkiri province said yesterday that their combined 50 hectares of land has now been invaded by hordes of families digging for gems. Chhay ...

Phak Seangly
http://www.phnompenhpost.com/national/miners-encroaching-villagers

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