State revenues from gold production top $15M
Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...
Gold refines reach 5.3 tons in 2022, paying nearly $10M in tax
Cambodia’s four gold companies refined around 5,300 kg of gold ore, a semi-finished product that is smelted at a mine, as of 2022, paying royalties of $8 million and $1.5 million as tax income, a report from the Ministry of Economy and Finance showed yesterday. ...
In protected Prey Lang forest, communities pushed out but mining companies welcomed in
Kampong Thom’s Sandan district: Snang An village chief Sok Heng proudly displays a photo of his new home, constructed in July 2021, as his phone’s background image. But Late Cheng Mining Development, a gold mining firm with ties to Prime Minister Hun Sen’s bodyguard unit, ...
Khuon Narim and Jack Brook
Cambodia churns out 4.85 tonnes of dore bars
Cambodia’s four official gold producers have pumped out more than 4.8 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold pour took place in June 2021, according ...
CDC greenlights 17 projects worth over $140M in Aug as investments diversify
The Council for the Development of Cambodia (CDC) has approved five new projects in solar panel manufacturing, healthcare, tourism, mining, and textiles, with total investment of more than $82 million that are expected to create nearly 2,000 jobs. ...
New gold mining company starts trial operation in Preah Vihear province
Delcom Campuchea Plc., a joint venture between local and Chinese investors, has started its trial operation in Preah Vihear northern province since early August, extracting about 20 kilogrammes of gold ore. ...
Khmer Times Staff
Australian miners find gold in Mondulkiri
Australian mining company Renaissance Minerals has produced its first gold in Cambodia’s Mondulkiri province, earning the Cambodia government $5.1 million in taxes, a senior government official said on Tuesday. ...
Kingdom produces 137kg of gold dore bars
Australian miner Renaissance Minerals (Cambodia) Ltd has produced 137kg dore bars with 90 per cent gold solution, in just over a month since it kicked off commercial operations of its flagship gold mine in northeastern Cambodia’s Mondulkiri province, according to Prime Minister Hun Sen on ...
Focus shifts to onshore oil and gold mining as offshore exploration stumbles
The Kingdom has a golden future in spite of the crude reality that there may be no more oil extracted from its waters in the near term, according to Prime Minister Hun Sen. ...
First commercial gold mine online
Australian miner Renaissance Minerals (Cambodia) Ltd on June 21 began the commercial operation of its $120 million Okvau Gold Project in the northeastern province of Mondulkiri, becoming the Kingdom’s first gold producer. ...
Renaissance Minerals to raise $2.2m for Cambodian gold quest
Renaissance Minerals (ASX: RNS) will increase its cash position to further develop its Cambodian Gold Projects, after receiving firm commitments for the placement of 44 million shares at $0.05 to raise $2.2 million. Renaissance will now be funded to advance its wholly-owned Cambodian Gold Project, where ...
Astra Says Gold Exploration Project Still On
An Australia-based firm that announced a plan to explore for gold in Ratanakkiri province insisted Monday that its Cambodian venture is still on track, despite allegations made in an Australian newspaper that it has garnered investment based on false information. Astra Resources, which has companies incorporated ...
Lao Dams, Mining Ruining Sekong Water Quality in Cambodia
Dam-building and gold mining in southern Laos are ruining water quality downstream on the Sekong River in Cambodia, where villagers are no longer able to drink or use the water, according to an environmental group. The activities undertaken by Lao and Vietnamese companies on the Sekong’s ...
Gold rush in Prey Lang forest
For four years now, this mineral-flecked land deep inside the Prey Lang forest has drawn thousands of small-scale seasonal miners. There are perks to working the dry season: space is one, avoiding the unofficial “taxation” system is another. For years, development agencies have urged a sweeping ...
Police reopen OZ, Cochlear bribery cases
THE Australian Federal Police will reopen corruption inquiries into major Australian companies OZ Minerals and Cochlear, after searing criticism that it was lax in its investigations. OZ Minerals will be targeted following discussions with the OECD about the AFP’s previous investigation of alleged foreign ...
Angkor Gold cashes in on Cambodia
It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early mover strategy in the developing Southeast Asian nation might be poised to pay off. To kick ...
Two Die While Illegally Digging for Gold
Two men died in Mondolkiri province’s Pech Chreada district on Sunday after a gold mining pit they were digging collapsed in on top of them, police said yesterday. Provincial police chief Nhem Vanny said that the victims, Sao Leng, 20, and Tharn Kim, 19, had been ...
Kompong Thom Prepares to Halt 100 Illegal Miners
Kompong Thom provincial officials will stop illegal gold mining in seven locations in Sandan district’s Meanrith commune come November, provincial and district officials said. About 100 residents of Meanrith have been illegally digging for gold in the district for several years, provincial deputy governor King Vimean ...
Gold struck in Mondulkiri
An Australian company working towards mining gold from the Okvau deposit in Mondulkiri province, currently estimated at 729,000 ounces, expects to employ more than 1,000 local people during the mine’s construction phase and 500 in the longer term. Renaissance Minerals managing director Justin Tremain told the ...
Show the licenses: SRP
An opposition lawmaker is calling for the government to publicise its licensing of Cambodian mines, claiming that parliament has never received formal documentation of licensed mining companies. In a letter to Minister of Industry Mines & Energy Suy Sem last week, Sam Rainsy Party lawmaker Son ...