News

Mineral exploration permits offered for protected Prey Lang

One of four new mining exploration permits, advertised publicly this week, is within the Prey Lang Wildlife Sanctuary map, coordinates reveal, sparking concern among activists and community members about the strength of the forest’s recently-acquired protected status. In the first public tender of fresh exploration ...

Four mining licences put up for bids

The Ministry of Mines and Energy has publicly announced that companies can bid for four mining exploration permits in both Kratie and Kampot provinces, marking the first time since the ministry was formed in 2013 to issue fresh licences for private companies to investigate mineral ...

Oil firm ready to ink production-sharing agreement

Executives at Singapore-listed energy firm KrisEnergy Ltd say they have settled terms with the Cambodian government and are ready to sign a long-awaited production-sharing agreement that would pave the way for the first-ever extraction of petroleum from Cambodian territorial waters. Kelvin Tang, KrisEnergy’s chief operating ...

Official shares locals’ concerns of dredging

The appearance of an excavator, machine parts and metal structures on islands in the Tatai River in Koh Kong province has aroused suspicions among local conservationists that a company intends to launch a sand-dredging operation in the Tatai Wildlife Sanctuary – a suspicion shared by ...

Sand stats ‘correct’: government

At a government-organised forum on sand exports on January 24, a Ministry of Mines and Energy official said an investigation had been carried out into huge discrepancies in data on sand export from Cambodia to Singapore but that the probe found no irregularities. UN data ...

Villagers wary of M’kiri mine project

An environmental impact assessment released on Friday for a $245 million mining project slated to begin operations in Mondolkiri province next year has raised concerns about its potential effects on the environment and local communities. The project, proposed by the Chinese-owned Alex Corporation, would see ...

Minister faces music on sand

Mines Minister Suy Sem could not give parliament’s anti-corruption commission an acceptable explanation for why Cambodian customs data failed to note $750 million in sand exports that Singapore says it received, the committee’s chairman said after a hearing on December 15. Sem was called in ...

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, ...

New mining licences issued, others revoked

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

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