Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - India’s Mesco one step short of gold licence

India’s Mesco one step short of gold licence

Indian miner Mesco has received approval from the Council for Development of Cambodia (CDC) for a certificate of registration on its Phum Syarung mine in Ratanakkiri province, the penultimate step in licensing the underground mine for gold extraction, its Canadian partner Angkor Gold said yesterday.

“The timeframe from exploration and proving economic quantity through to licensing has been approximately five years, which is remarkable given the 15-20 year averages experienced in many international mining jurisdictions,” Angkor Gold CEO Mike Weeks said in a press release. It is now up to the Ministry of Mines and Energy to issue a full mining licence for the project, the release said.

0

Comments

Please, login or register to post a comment

Latest Video

Explore the durian and rubber farms of Kampong Cham

Take a drive north of Kampong Cham, past the dirt roads and the dense greenery.

Kem Sokha talks politics, power and Hun Sen

Kem Sokha, leader of the Cambodia National Rescue Party, sat down with The Post’s Alex Willemyns and Mech Dara to discuss his supporters’ initial disappointment with this year’s

The final results from the National Election Committee for the June 4 commune elections show the Cambodian People’s Party taking 1,156 communes to

NEC officials tally votes during a recount last week in Phnom Penh.

Cambodia’s National Election Committee last week rejected 33 of 61 complaints filed over the conduct of June 4’s commune election, according to a s