Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Southern Gold set to recommence drilling

Southern Gold set to recommence drilling

Southern Gold set to recommence drilling

Australian miner Southern Gold Ltd will commence its next phase of drilling for gold samples in its northeastern Cambodian mineral concessions within two weeks, the company said Monday in a statement. The work marks the beginning of its planned 2009-2010 exploration programme, which will see further investigation of previously identified deposits of the precious metal as well as surveys of its unexplored properties. Monday saw the company’s share price rise 13.8 percent on the Australian Securities Exchange to close at US$0.152 as gold bullion prices rose on regional markets.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all