Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - In Brief: New Mine program

In Brief: New Mine program

AUSTRALIAN mining company Southern Gold has begun a three-year gold and base metals drilling program at its three concessions in Cambodia. The US$4.5 million project is funded by the Japanese government through JOGMEC, a Japanese body tasked with securing stable supplies of natural resources. Two of the properties are in Kratie and one is near Snuol, northeast of Phnom Penh. The Japanese would receive a 51-percent stake in the company, according to a Southern Gold statement. The stock is trading at AU$0.072 on the Australian Stock Exchange.

0

Comments

Please, login or register to post a comment

Latest Video

ACLEDA President In Channy on the key to the bank’s success

Post Khmer Editor-in-Chief Kay Kimsong sat down with Dr In Channy, President and Group Managing Director of ACLEDA Bank Plc, to explore the main principle guiding Cambodia’s biggest bank.

A taste of Phnom Penh's first container night market

At the launch of Phnom Penh's newest market, The Post spoke to customers and stallholders about what the hub of bars, food stalls, shops and live music will add to the city's nightlife.

Directors discuss the 'rebirth' of Cambodian cinema

"I believe that Cambodian people have creativity in their blood ... There will come a time where a Golden Age of cinema will come back."