Logo of Phnom Penh Post newspaper Phnom Penh Post - Approval in principle for three companies to explore gold, copper

Approval in principle for three companies to explore gold, copper

Approval in principle for three companies to explore gold, copper

The Ministry of Mines and Energy on Friday announced that three companies have been granted initial approval to carry out copper and gold exploration in the Kingdom.

General Department of Mineral Resources director-general Yos Monirath named the companies as Continental Copper (Cambodia) Co Ltd, Renaissance Minerals (Cambodia) Ltd and Late Cheng Mining Development Co Ltd.

However, the three companies must submit additional documents before the licences can be issued, Monirath said.

“The companies were awarded [initial approval] for copper, gold and iron mineral exploration licences from the ministry. We set the goal of opening mineral areas with good geography and mineral potential,” he said.

Kunming Xingchi Mining Investment Co Ltd and Cambodia K88 Industry Co Ltd also applied for the licence, but were not approved, he said.

Continental Copper will explore two 200sq km blocs in Siem Reap province. One is located in Svay Leu district’s Ta Siem and Svay Leu communes and another in Chi Kraeng district’s Khvav commune.

Renaissance Minerals will explore two blocs measuring a combined 391sq km in Mondulkiri province’s Keo Seima district.

Late Cheng Mining Development will explore 151sq km in Kampong Thom province’s Sandan district.

Monirath said the other companies can still apply for exploration licences for other minerals.

Last week, the ministry announced the opening of 794sq km in mining concession areas for applying for mineral exploration licences across Oddar Meanchey, Preah Vihear and Mondulkiri provinces.

Monirath said the ministry has issued 39 copper exploration licences to private companies to conduct exploration in the Kingdom.

MOST VIEWED

  • Hun Sen says Kingdom not a 'satellite country'

    Prime Minister Hun Sen said Cambodia had sent diplomatic notes to various embassies demonstrating its stance and clarifying allegations that the Kingdom is a satellite country of China which will allow it exclusive access to the Ream Naval Base in Preah Sihanouk province. The response

  • Vast Prince Manor fun park opens to much fanfare in Kandal

    Chinese-owned Prince Culture and Development Co Ltd officially launched the $85 million Prince Manor entertainment centre in Kandal province on Wednesday. Prince Manor is located along National Road 1, 20km from the centre of Phnom Penh. It is the first major theme park project in Cambodia and

  • Angkor provides ‘valuable’ water storage

    The Apsara National Authority (ANA) has stored millions of cubic metres of water at reservoirs in the Angkor area after Cambodia experienced a series of rainstorms over the last few days. The storing of the water, besides serving temple conservation, will also be used to

  • Floods prompt evacuations in Kampong Speu

    Rain-induced floods and water flowing from Kampong Speu province have submerged the houses of 1,527 families living close to the Prek Thnot River in Spean Thma, Tien, Kong Noy and Roluos communes in Phnom Penh’s Dangkor district, according to data from local authorities. Spean Thma

  • Serving coffee with a side of robots

    The eye-catching glass building surrounded by greenery at the intersection of Streets 371 and 2002 in Phnom Penh’s Sen Sok district is more than just another coffee shop where you can while away a few hours. UrHobby House cafe is filled with robots and characters from

  • Cintri strike ends, workers’ contracts to be terminated

    CINTRI (Cambodia) Ltd rubbish collectors who have been on strike for the past 13 days agreed to return to work starting Wednesday evening after the company agreed to terminate their contracts at the end of January next year and provide seniority payments and other benefits to