Extractive Industries

Geopacific strikes gold

Geopacific Resources this week announced the discovery of new gold deposits within its Kou Sa project, located in prospect area 181 in Preah Vihear province. The 2,320-metre exploration diamond drilling yielded intercepts of 11.5 metres, graded at 3.14 grams/tonne, for gold, and 14 metres at 109.48 ...

Sum Manet
http://www.khmertimeskh.com/50103111/geopacific-strikes-gold/

Mining exploration set for region home to endangered river dolphins

Australian mining firm Medusa Mining has announced plans to begin exploration for gold, copper and oil in Kratie province’s Prek Kampi commune, about 35 kilometres west of a stretch of the Mekong River that is home to endangered river dolphins. ...

Robin Spiess and Brendan O’Byrne
http://www.phnompenhpost.com/business/mining-exploration-set-region-home-endangered-river-dolphins

Mining firms sign agreement on Prek Kampi

Sea Resources Pty Ltd and its subsidiary Sovann Resources Co., Ltd recently signed a memorandum of understanding (MoU) with Australia-based Medusa Mining on exploration rights in the Prek Kampi district in Kratie province. ...

Sum Manet
http://www.khmertimeskh.com/50102013/mining-firms-sign-agreement-on-prek-kampi/

Villagers seek help in land dispute with mining firm

Seven villagers from Preah Vihear travelled to Phnom Penh to deliver a petition on Friday asking the government to intervene in a dispute involving gold mining company Delcom, with local authorities turning up to question the wife of one of those delivering the petition shortly ...

Phak Seangly
http://www.phnompenhpost.com/national/villagers-seek-help-land-dispute-mining-firm

Illegal mine may be filled in

A task force to curb natural resources crimes has cracked down on an illegal mine in Kratie province and is proposing to fill it in after there were four deaths at the site last year. ...

Phak Seangly
http://www.phnompenhpost.com/national/illegal-mine-may-be-filled

Working underground in Ratanakkiri

Both the miners and brokers at the mining site said the land on which the mining is conducted costs roughly $10,000 per hectare per year in a deal between the rubber plantation owner and a gemstone businessman who they referred to as the “boss”. ...

Pav Suy
http://www.khmertimeskh.com/5098126/working-underground-ratanakkiri/

Hoping to strike it rich

About 30 kilometres from Ratanakiri’s Banlung town, 10 miners have dug holes deep in the ground in a rubber plantation, hoping to strike it rich. Their tunnels range from 10-15 metres deep and their equipment is basic – everything is done by hand. These men ...

Khmer Times
http://www.khmertimeskh.com/97573/hoping-to-strike-it-rich/

Gold processing to begin next year

Following the recent approval of its environment and social impact assessment by the Ministry of Environment, the kingdom’s first gold-processing plant will begin operations next year, a spokesperson for the Ministry of Mines and Energy said on Monday. ...

May Kunmakara
http://www.khmertimeskh.com/5096661/gold-processing-begin-next-year/

Cop’s dredging outfit closed

Following several warnings, officials in Prey Veng province’s Peamro district yesterday shuttered an illegal sand-dredging operation being run by a provincial police officer.Chum Chea, Prek Khsay Khor commune chief, said more than 10 officers on Wednesday halted the operation and confiscated machinery, with the operation ...

Phak Seangly
http://www.phnompenhpost.com/national/cops-dredging-outfit-closed

Miners back at scene of fatal collapse

People appear to have resumed illegal mining activities at a gold mining site in Kratie province, which was shut down by authorities in August after four miners were killed, officials said yesterday. ...

Phak Seangly
http://www.phnompenhpost.com/national/miners-back-scene-fatal-collapse

Free Mother Nature activists, say NGOs

Twenty-two NGOs released a joint statement yesterday demanding the release of two activists detained by Koh Kong Provincial Court after recording a video of sand dredging. ...

Sen David
http://www.khmertimeskh.com/5090564/free-mother-nature-activists-say-ngos/

Emerald expects licence after sanctuary rezoning

Emerald Resources, the Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province, is one step closer to receiving an industrial mining licence after it signed an environmental contract with the Ministry of Environment (MoE), the firm announced yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/emerald-expects-licence-after-sanctuary-rezoning

KrisEnergy seeks nod for 3D survey of Block A

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced late last week that it has submitted documentation to the Ministry of Environment for a proposed 1,200-square-kilometre 3D seismic survey of its offshore tenement next year. ...

Post Staff
http://www.phnompenhpost.com/business/krisenergy-seeks-nod-3d-survey-block

Copper found at Angkor Gold mining site in Ratanakkiri

Canadian mining firm Angkor Gold Corp has discovered a new copper system during exploratory drilling of its Oyadao South licence in Ratanakkiri province, the company said in a press release. ...

Post Staff
http://www.phnompenhpost.com/business/copper-found-angkor-gold-mining-site-ratanakkiri

Kris says oil field tapped by 2020

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced on Friday that in 24 months the Kingdom will be an oil producing nation after the firm made its final investment decision that day for extraction in the Apsara oil ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/kris-says-oil-field-tapped-2020

Jet’s mints first gold collateral plan

Local diversified company Jet’s Group has launched a new collateral option that allows would-be homeowners to buy gold bullion from Hong Kong that can be used to secure investments in its Cambodian property developments, a company executive said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/jets-mints-first-gold-collateral-plan

Deal for oil field finally signed

Cambodia moved a step closer to becoming an oil-producing nation yesterday after the government finalised its long-awaited production-sharing agreement with Singapore-listed KrisEnergy to develop the country’s first oil field. ...

Kali Kotoski
http://www.phnompenhpost.com/business/deal-oil-field-finally-signed

Gasoline retail prices creep up in country

Retail prices for gasoline have gradually increased by approximately 5 percent since December last year, raising concern from motorists. ...

May Kunmakara
http://www.khmertimeskh.com/5078692/gasoline-retail-prices-creep-country/

KrisEnergy signs oil deal next week

Singapore-based oil and gas company KrisEnergy is scheduled to sign an agreement with the Cambodian government next Wednesday for the extraction of petroleum from Block A to develop the Aspara oil field. ...

Sum Manet
http://www.khmertimeskh.com/5078426/krisenergy-signs-oil-deal-next-week/

KrisEnergy all set to sign petroleum extraction agreement

The government and KrisEnergy, a Singapore-listed oil and gas firm, are set to sign a petroleum agreement this month to pave the way for the company to start the groundwork for the extraction of oil from Bloc A, which is expected to start in 2019, ...

May Kunmakara
http://www.khmertimeskh.com/5077640/krisenergy-set-sign-petroleum-extraction-agreement/

Riversgold to use IPO proceeds in its search for Mondulkiri gold

Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus. ...

Cam McGrath
http://www.phnompenhpost.com/business/riversgold-use-ipo-proceeds-its-search-mondulkiri-gold

Mining licences of two Australian firms nixed

The Ministry of Mines and Energy revoked three mineral exploration licences from two different Australian mining firms that failed to meet work performance guidelines, it said​ on the 3rd of August in a release. ...

Post Staff
http://www.phnompenhpost.com/business/mining-licences-two-australian-firms-nixed

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