Extractive industries
Cambodia mine on track for 2016 start-up
India’s Mesco Gold (Cambodia) presented to the Cambodian Ministry of Mines and Energy that its Phum Syarung underground mine, in the northeastern province of Ratanakiri will start with initial capacity of 500 tons per day with a recovery rate of 85%. Angkor Gold discovered the epithermal gold deposit ...
Myanmar Govt earns US$170 million monthly from gas exports
Natural gas exports earn Myanmar US$170 million each month, with a total of 1.6 billion cubic feet per day of natural gas exported to Thailand and China, according to the Ministry of Energy. “Gas exports earn over US$170 million every month, including taxes and other charges. ...
Australian-controlled Thai gold mine faces accusations of polluting water supply
An Australian-controlled gold mine in central Thailand is facing fresh accusations of polluting local water supplies with villagers demanding a new investigation into the mine’s operations. The Akara (Chatree) mine is controlled by Sydney-based Kingsgate Consolidated limited and located 280km north of Bangkok. The accusations follow earlier charges ...
Volumes up, returns down as Laos' mining figures confirm impact of global commodity prices
The hit to the value of Laos’ mineral commodity exports inflicted by lower international prices have been confirmed by figures showing an 8.7 percent decrease in returns despite increasing production, local media has reported. Falling prices for gold, potash and copper inflicted the greatest downward pressure ...