Extractive industries

Mixed feelings toward dredging-fuelled fund

Minister of Mines and Energy Suy Sem on December 6 announced in Koh Kong province the creation of a community fund of nearly $40,000 for Koh Sralao village, according to a ministry official, who said the funds came from a 2-cent-per-cubic-metre levy imposed on sand dredgers ...

Ministry promotes quartz industry

The Industry Ministry is pushing for the development of quartz mining, as this mineral is an important raw material for the production of solar panels. According to the ministry’s Department of Primary Industries and Mines, the Kingdom has reserves of 25 million tonnes of high-quality ...

Sand extraction in Koh Kong province halted, ministry says

Facing mounting scrutiny over the country’s sand trade, the Ministry of Mines and Energy said on November 16 that all sand extraction had been suspended in Koh Kong province, where much of the country’s extraction takes place. “We have suspended it for a long time already,” ...

Bids for petroleum blocks face delay

The bidding for the Erawan and Bongkot petroleum blocks in the Gulf of Thailand may be delayed further, from next March to the second quarter of 2017, says Energy Minister Anantaporn Kanjanarat. The Energy Ministry had aimed for the new auction of gas fields to take ...

KrisEnergy ups stake to unclog offshore Block A oil

Singapore-listed KrisEnergy Ltd has upped its stake in the Block A offshore oil field to 95 percent, acquiring the shares of two minority stakeholders who had opposed the Cambodian government’s attempts to renegotiate a revenue-sharing model, the company revealed in its third-quarter filings. The document, ...

Emerald hopes to draw first gold by end of 2018

Australian mining firm Emerald Resources expects to complete a definitive feasibility study for its Okvau gold project in Mondulkiri province by early next year, with gold production to commence by the end of 2018, according to an investor presentation released on November 2.Keep reading ...

New guidelines on impact assessments almost ready

Civil society groups are getting closer to unveiling a new set of guidelines that will change how the impact of big development projects is assessed across the Mekong region, NGOs said on November 1, following the end of a two-month public consultation period. Activists, however, ...

Gems traders in Mandalay to protest decline in jade market

Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...

Residents fear restart of coal power plant

A coal-fired power plant in southern Shan State that was shut down two years ago due to residents’ complaints may be reopening, despite the opposition of the local community, villagers say. They are already accusing local officials of breaking their promises. Test operations at the plant, ...

PM announces continued suspension of mining concessions

Prime Minister Thongloun Sisoulith said on October 19 the government will maintain the moratorium on new mining concessions because it needs more time to inspect a number of operations. The prime minister was speaking at a three-day conference taking place at the National Convention Centre for mining ...

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