Company Phu Yang (Cambodia) co., Ltd
Company profile The company has applied for a project to invest in mineral resources from the government through the Senior Minister of the Ministry of Environment on an area of 4 square kilometers, the proposed investment for metal mining business is located in the area of Phnom Prek, Phnom Prek district, Battambang province. The company has been engaged in mining since 1981. The company was called Yantai Blue Force Mining and Machinery Co., Ltd, located in the industrial park of Linglong County, Shaoyuan City, Shandong Province, China.
Registration investment capital USD 812,450
Company registration date 17-Nov-08
Company registration code 5,929
Director Mr. Lin Lun
Director residence Cambodian
Company address The company is headquartered at # 26, Street 247, Sangkat Boeung Prolit, Khan 7 Makara, Phnom Penh.
Status of the EIA reports Environmental and Social Impact Assessment
State agency Ministry of Industry, Mines and Energy
Site Located in Phnom Proek area, Phnom Proek district, Battambang province.
Village Phnom Proek and Beng Saat
Commune Phnom Proek area
District Phnom Proek
Province Battambang
Contract duration 9 years
Size in Hectare 4 sq. km
Type of concession Metal Mining Project
EIA company Green Environment Group Co., Ltd.
Backgrounds of EIA company Not found
Address of EIAs company # E05, Street 466, Sangkat Boeung Trabek, Khan Chamkarmon, Phnom Penh
Relevants law Law on Environmental Protection and Natural Resource Management Law on labor Law on Management and Exploitation of Mineral Resources Law on Land Law on Forest Law on Fisheries Law on Water Resources Management Sub-Decree on Water Pollution Control Sub-Decree on Solid Waste Management Sub-Decree on Environmental Impact Assessment Process Sub-Decree on Control of Air Pollution and Noise Prakas on General Guidelines for the First and Complete Environmental Impact Assessment Report Agreement on the study and exploitation of metal ores in Phnom Prek area, Phnom Prek district, Battambang province
Revenues and expenditures The company was able to earn $ 34,200,000 and spend a total of $ 5,780,966. However, the company had to pay $ 20,000 in taxes and patents, so the net profit was $ 19,873,324 per year.
Social alnd environmental impacts The positive effects of the project include: Reduce the influx of anarchic mining activities in the region. Help restore forest land resources through tree planting plans. Help with local breastfeeding Help build roads and infrastructure Provide a lot of work Reduce migration Help develop the national economy by paying taxes Shows a postive image of the imvestment process.
Employment opportunity 40 people
Public participation Representative of Battambang Provincial Hall Department of Industry, Mines and Energy Department of Environment Department of Agriculture Forestry and Fisheries Department of Land Management Urban Planning & Construction Department of Water Resources and Meteorology Forestry Administration Fisheries Administration Phnom Proek District Authority Phnom Proek Commune Authority Phnom Proek and Beng Saat Village Authority
Land converted from The project area is a plantation area with no forest. The forest is only on the mountain, a degraded forest.
Environmental management plan An environmental management plan is the responsibility of the company to carry out its own group with the company's environmental unit or office to monitor environmental issues that occur in and around the mining project investment site. The company will review the environmental management plan and must report the review to the Ministry of Environment every six months.
Development plan The company has two production plans including: (1) the topsoil is peeled off and then the soil is transported by truck to be stored outside the development area and (2) gold mining.
Mitigation strategies The company also plans to reduce environmental and social negative impacts in the mining area. The plans are divided into three phases: pre-project implementation phase, project implementation phase and project completion phase.
Environmental and social funds The company plans to provide $ 15,000 per year for community development and $ 15,000 per year for environmental restoration for nine years.
EIA publication year 2013

Reference documents

[Draft] Completed environmental and social impact assessment (ESIA) on metal mining project in area of Phnom Prek, Phnom Prek District, Battambang Province
Phu Yang (Cambodia) Co., Ltd. plans to invest in a metal mining project in Phnom Prek Area, Phnom Prek District, Battambang Province on an area of 4 square kilometers. This report focuses on the environmental and social impact assessment of the metal mining development project.