CRRT General News

Cambodia Urged To Join Transparency Initiative

Thu, 08 Apr 2010 05:21:00 -0400

International mining experts have called on Cambodia to join an organization to promote transparency in the extractive industries to help prevent a resource curse as it moves toward oil and mineral exploitation.

Cambodia PM says oil giant must produce

Thu, 08 Apr 2010 05:16:00 -0400

Summary:

PRIME Minister Hun Sen warned Tuesday that US energy giant Chevron could lose rights to explore offshore interests if it does not produce oil by the end of 2012.

Petro Vietnam, Total Paid Gov't $26m in Jan

Tue, 23 Mar 2010 21:27:00 -0400

Summary:

The Phnom Penh Post 24-03-10: Petro Vietnam and Total gave Cambodian Government $26 million in signature bonuses and social funds in January marking resource revenues huge increase.

Jarai Villagers Say No to Iron Ore Mine in Rural O'Yadaw

Mon, 22 Mar 2010 21:23:00 -0400

Summary:

The Cambodia Daily 23-03-10: For fear of mining operation by a Vietnamese firm leading to the loss of land and traditional rotational farming practices, Jarai villagers say no to iron ore in O’Yadaw, Ratanakkiri province.

OZ Weights Gold Find in M'kiri at 8m Tonnes

Thu, 18 Mar 2010 22:04:00 -0400

Summary:

The Phnom Penh Post today reports OZ Minerals Ldt has identified 605,000 ounces of gold resources at Mondulkiri province drill site.

After Long Wait, Cambodia Opens to Mining

Thu, 18 Mar 2010 22:01:00 -0400

Summary:

VOA website published a mining report yesterday that since 2006, Cambodia has issued 104 licenses to 20 local and international mining companies, including Australian-owned Oxiana Cambodia, Liberty Mining, and Southern Gold; China’s Hang Seng Coal Mine; and Vietnam’s Vinacomin, along with other companies from Korea. Anyway, all companies’ names were not revealed

Chevron Hopes Oil Will Start To Flow in 2012

Wed, 17 Mar 2010 22:16:00 -0400

Summary:

The Cambodia Daily reports today that US giant Chevron has set a 2012 target date to produce oil off the Cambodian coast. Chevron is exploring in block A with holding 55 percent interest, 30 percent going to Mitsui Oil Exploration and another 15 percent owned by GS Caltex, South Korean firm.

Miner Calls Gold, Silver Drill Tests 'Significant'

Wed, 10 Mar 2010 20:21:00 -0500

Summary:

The Phnom Penh Post, 13 March 2010: Southern Gold announced yesterday the significant gold and silver mineralization in result from the first drill of the 2009-2010 seasons at its Anchor prospect in Snoul, Kratie province.

Hoping Industry Will Mature, Miners Join Forces

Wed, 17 Feb 2010 04:57:00 -0500

Summary:

The Cambodia Daily, 13-14 02 20010: Growing inhabited by a lack of laws and regulations resulting in weak concession agrrements and poor fiscal incentives are the reasons behind the creation this year of the Cambodian Association of Mining and Exploration Companies (CAMEC).

Southern Gold Starts Aggressive Eploration

Mon, 01 Feb 2010 03:56:00 -0500

Summary:

The Phnom Penh Post, 01-02-10: Southern Gold Limited (SGL) had launched an "aggressive exploration" programme at its mining assets in Kratie province, a fourth-quarter report has revealed.