Logo of Phnom Penh Post newspaper Phnom Penh Post - Exploration permits for gold-polymetallic mines offered

Exploration permits for gold-polymetallic mines offered

Content image - Phnom Penh Post
The gold-polymetallic mining areas cover 207sq km. Photo supplied

Exploration permits for gold-polymetallic mines offered

The Ministry of Mines and Energy on Monday put on offer concession licences for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces.

“Interested national and international companies can apply for a mining licence at the [ministry’s] General Department of Mineral Resources,” the ministry said in a press release, adding that it will make a public announcement naming the winning company once the process is completed.

It said the areas of tenement are 107.10sq km in Tbong Khmum’s eastern Memot district and 100sq km in Ratanakkiri’s southeastern O’Yadao district.

The department’s director-general Yos Monirath told The Post on Tuesday that the ministry saw the areas’ potential for exploitable metallic mineral resources, chiefly gold.

“We made the announcement on the exploration of natural resources in the areas after having spotted the potential of the gold-polymetallic mines – their magnitude and exploitability,” he said.

He said the ministry has issued 40 metal exploration licences throughout Cambodia.

The ministry said applicants must file all relevant documents in a sealed envelope marked “Auction bid documents” to the ministry’s One Window Service Office no later than October 5.

Early in March, Australian-listed Emerald Resources NL signed a $230 million seven-year mining contract with Mining and Civil Australia (Maca) for its Okvau Gold Project in the Kingdom’s northeastern Mondulkiri province.

The contract includes the supply of earthmoving equipment and mining services for the project, Emerald Resources said. It also covers load, haul, drill and blast services.

Emerald Resources has said it plans to extract gold in the second quarter of next year through its subsidiary Renaissance Minerals (Cambodia) Ltd.

MOST VIEWED

  • Would you like fries with that? US burger chain makes Phnom Penh debut

    California-based The Habit Burger Grill restaurant chain is all set to serve up a delicious array of charbroiled burgers and sides at its newest international location in the centre of Phnom Penh. The Habit is “renowned for its award-winning Charburgers grilled over an open flame,

  • Banteay Meanchey flood victims receive aid

    Prime Minister Hun Sen on Wednesday provided aid to more than 10,000 families affected by flooding in Banteay Meanchey province’s Mongkol Borei district and offered his condolences to the 18 victims who drowned in the province over the past week. He said flooding had occured in

  • PM urges caution as Polish man tests positive for Covid

    The Ministry of Health on Wednesday reported that a 47-year-old Polish man tested positive for Covid-19 after arriving in Cambodia on Monday. There are a total of six Covid-19 patients currently in the country, all of whom are being treated at the Khmer-Soviet Friendship Hospital

  • Banteay Meanchey floods kill one more as death toll reaches 15

    As floodwaters start to recede in Pursat, Battambang and Pailin provinces and Phnom Penh, Banteay Meanchey continues to bear the brunt as one more person was killed on Monday, bringing the total number of flood-related deaths to 15 in the province this month. Banteay Meanchey provincial

  • Serving coffee with a side of robots

    The eye-catching glass building surrounded by greenery at the intersection of Streets 371 and 2002 in Phnom Penh’s Sen Sok district is more than just another coffee shop where you can while away a few hours. UrHobby House cafe is filled with robots and characters from

  • Phnom Penh underpass opens to ease traffic

    Prime Minister Hun Sen has announced a temporary opening of the 488m underpass at the Chaom Chao roundabout in Phnom Penh’s Por Sen Chey district, which was recently completed to connect traffic from National Road 4 to Russian Federation Blvd. The move is to reduce