News

Oil firm ready to push ahead with offshore drilling

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. ...

Kali Kotoski
http://www.phnompenhpost.com/business/oil-firm-ready-push-ahead-offshore-drilling

Emerald to absorb Renaissance in merger

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. ...

Cam McGrath
http://www.phnompenhpost.com/business/emerald-absorb-renaissance-merger

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

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

Mesco, Angkor to mine gold

Mesco Gold, an associated company of India-based Mesco Steel, will sign an agreement with Angkor Gold to mine the Phum Syrang prospect on one of its economic land concessions in Ratanakkiri province. “We’ve been exploring the area since 2006. We’ve been drilling holes and there’s ...

http://www.phnompenhpost.com/2013011860848/Business/mesco-angkor-to-mine-gold.html

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