Logo of Phnom Penh Post newspaper Phnom Penh Post - Japan gov’t group signs agreement for metal mine in Kampong Speu province

Japan gov’t group signs agreement for metal mine in Kampong Speu province

Japan gov’t group signs agreement for metal mine in Kampong Speu province

Minister of Mines and Energy Suy Sem signed another memorandum of agreement on Thursday with Japan Oil, Gas and Metals National Corp (Jogmec) to study and explore a metal mine in Kampong Speu province.

Ministry of Mines and Energy spokesman Yos Monirath told The Post on Sunday that the project is scheduled to start late next month.

“According to the plan, it’ll be dry season by late November and it [Jogmec] will start its preliminary study and exploration, working with local authorities,” he said.

The government will allow the company to conduct the feasibility study for one year and if the mine has potential, the company will then need to apply for an operational licence.

“We hope the area will have the potential for metal mining and that it [Jogmec] will provide its findings to other Japanese firms to do business [here],” he said.

On April 25, Japanese mining company Nittetsu Mining (Cambodia) Ltd, a Jogmec subsidiary, obtained a three-year copper exploration licence from the ministry for Stung Treng province.

The firm is set to begin exploration early next year and is currently conducting an environmental impact assessment (EIA).

The licence allows the firm to explore for copper on 133sq km in the province’s Anlong Chrey commune in western Thala Barivat district.

In 2016, Jogmec entered into a joint exploration agreement with Canadian mining firm Angkor Gold Corp to explore Angkor’s Oyadao South licence in Ratanakkiri province.

The agreement gave Jogmec the option to acquire 51 per cent of the licence for a total investment of $3 million in exploration expenditures over three years.

MOST VIEWED

  • Research key to Kanitha’s rep for expertise

    Sok Kanitha is used to weighing in on controversial issues using a confident approach that signals expertise and authority, and a recent video she made was no exception. Her “Episode 342: The History of NATO” video went live on January 16, 2023 and immediately shot to 30,000 likes and 3,500

  • Cambodia maintains 'Kun Khmer' stance despite Thailand’s boycott threat

    Cambodia has taken the position that it will use the term "Kun Khmer" to refer to the sport of kickboxing at the upcoming Southeast Asian (SEA) Games, and has removed the term Muay from all references to the sport. Despite strong reactions from the Thai

  • Knockout! Kun Khmer replaces ‘Muay’ for Phnom Penh Games

    Cambodia has decided to officially remove the word Muay from the programme of the 32nd Southeast Asian (SEA) Games 2023 in May. “Kun Khmer” will instead be used to represent the Southeast Asian sport of kickboxing, in accordance with the wishes of the Cambodian people. Vath

  • Artificial insemination takes herd from 7 to 700

    Some farms breed local cows or even import bulls from a broad for the purpose of breeding heavier livestock for meat production. One Tbong Khnum farmer has found a more efficient way. Hout Leang employs artificial insemination to fertilise local cows. Thanks to imported “straws”

  • Chinese group tours return to Cambodia starting Feb 6

    Cambodia is among 20 countries selected by Beijing for a pilot programme allowing travel agencies to provide international group tours as well as flight and hotel packages to Chinese citizens, following a three-year ban. As the days tick down until the programme kicks off on February 6,

  • Capital-Poipet express rail project making headway

    The preliminary results of a feasibility study to upgrade the Phnom Penh-Poipet railway into Cambodia’s first express railway indicate that the project would cost more than $4 billion and would take around four years to complete. The study was carried out by China Road and