Logo of Phnom Penh Post newspaper Phnom Penh Post - Japan firm commits to Kratie prospect

Japan firm commits to Kratie prospect

Japan firm commits to Kratie prospect

JAPAN Oil, Gas and Metals National Corp (JOGMEC) has committed to a second year of investment in exploration for gold and base metals in Kratie province with its joint-venture partner Southern Gold, the Australian company said Monday.

Having committed US$1 million to the first year of exploration on three sites, JOGMEC has guaranteed the same amount of money to continue for a second year, Southern Gold said in a statement. The project is scheduled to last for three years.

"The commitment ensures the joint venture can continue to build on its early work in modelling, selecting targets, initiating drill schedules and focusing on resource definition in this very under-explored but highly prospective province," said Stephen Biggins, the company's managing director.

Further exploration work is scheduled to start after the rainy season in November, the statement added.


  • ‘Kingdom lacks up to 400MW in available electricity’

    Prime Minister Hun Sen has called on the general public, hoteliers and businesspeople with generators to use them as back-up as the Electricity Authority of Cambodia cannot generate enough electricity to meet needs due to low water levels in power station reservoirs. On Saturday evening

  • Sor Chandeth defends his criticism of Hun Sen

    Former senator Sor Chandeth has defended his choice of words when criticising Hun Sen, saying he was merely speaking metaphorically to attack the Prime Minister’s political life, not his actual person, as the latter seeks damages. [img] Chandeth spoke to The Post on Thursday,

  • South Korea’s Moon arrives in Kingdom for state visit

    South Korean president Moon Jae-in and his wife arrived in Phnom Penh on Thursday at the start of a three-day state visit to Cambodia to strengthen ties and further the friendship between the two countries. After arriving at the Phnom Penh International Airport in the

  • Youths band together to clean ‘filthy’ Boeung Trabek canal

    Inspired by their affection for the environment, a desire to have a clean and beautiful city, and wanting to send a message to people to stop littering, a group of some two dozen volunteer youths have taken to picking up trash day and night from