Extractive industries

The government is once again heralding oil and gas prospects offshore and on, but it’s done so twice before. A new set of international companies are optimistic about Cambodia’s nascent oil and gas industry, but they are investing in an extractive business that has proven costly ...

There is big opportunity, and and also big risk in the Mekong mining sector, according to recently published report. Fitch Solutions Macro Research’s industry analysis maintains the Mekong region will remain underdeveloped and dominated by domestic players in the coming years as foreign investment flows ...

Sand is a key ingredient in concrete, the essential building material of Vietnam’s fast-growing cities. Demand for it is surging—and that is wreaking havoc not only on Vietnam’s rivers, but also on the all-important Mekong Delta.  Keep reading ...

Australian mining firm Medusa Mining has announced plans to begin exploration for gold, copper and oil in Kratie province’s Prek Kampi commune, about 35 kilometres west of a stretch of the Mekong River that is home to endangered river dolphins.Keep reading ...

Việt Nam imported 7.9 million tonnes of coal worth US$810 million in the first seven months of the year. The imports represented a 5.1 per cent decrease in terms of quantity and a 49.2 per cent increase in term of value compared the same period last ...

The Government of Việt Nam will create favourable conditions for ExxonMobil to implement projects in the country, Prime Minister Nguyễn Xuân Phúc has said.Keep reading ...

There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to the government, U Phone Myint, deputy director from No. 2 Mining Enterprise under the Ministry of Natural Resources and Environmental Conservation, told The Myanmar Times. A total ...

Bình Thuận Province has reaped enormous economic benefits from titanium mining, but the industry has also damaged the environment badly, degraded the lives of local residents. The southern province has the highest titanium reserves in the country at an estimated 599 million tonnes, or 92 per ...

The Pyidaungsu Hluttaw agreed on Tuesday to stop levying special commodity tax on diamonds and emeralds, as well as commercial tax on gold nuggets. “As those items should be exempted from taxes, Hluttaw agreed to it.” Public Account Joint Committee Member and Kayin State, Hlaing Bwe ...

The Ministry of Industry and Trade (MoIT) has rejected a proposal to shut down a major iron mine over concerns that it poses risks to the environment. The ministry said in a press statement that the proposal by the Ministry of Investment and Planning (MPI) to ...