Logo of Phnom Penh Post newspaper Phnom Penh Post - Japanese mining firm granted copper exploration licence

Japanese mining firm granted copper exploration licence

Content image - Phnom Penh Post
Japanese mining company Nittetsu Mining (Cambodia) Ltd has obtained a three-year copper exploration licence for 133sq km in Stung Treng province. NITTETSU MINING CO LTD

Japanese mining firm granted copper exploration licence

Japanese mining company Nittetsu Mining (Cambodia) Ltd on April 25 obtained a three-year copper exploration licence for Stung Treng province, Ministry of Mines and Energy spokesman Yos Monirath said.

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

Nittetsu Mining, a subsidiary of Japan Oil, Gas and Metals National Corp (Jogmec), on August 26 held a workshop in collaboration with the provincial departments of Mines and Energy and Environment to discuss the project’s socio-environmental impact.

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

“It [the EIA] begins with cooperation between the company and the ministry. Initial geological surveys found copper ore deposits in the area,” Monirath said.

Ham Kimkong, director of E&A Consultant Co Ltd, which obtained the rights to conduct the EIA for the Nittetsu Mining project, said the assessment will conclude by the end of this year and exploration could start early next year.

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 a three-year period.

In 2010, Jogmec signed an agreement with the Cambodian National Petroleum Authority to study and assess northwestern Cambodia’s onshore oil potential.

Jogmec surveyed the area, which is known as Block XVII and spans across Siem Reap and Preah Vihear provinces.

MOST VIEWED

  • Hong Kong firm done buying Coke Cambodia

    Swire Coca-Cola Ltd, a wholly-owned subsidiary of Hong Kong-listed Swire Pacific Ltd, on November 25 announced that it had completed the acquisition of The Coca-Cola Co’s bottling business in Cambodia, as part of its ambitions to expand into the Southeast Asian market. Swire Coca-Cola affirmed

  • Cambodia's Bokator now officially in World Heritage List

    UNESCO has officially inscribed Cambodia’s “Kun Lbokator”, commonly known as Bokator, on the World Heritage List, according to Minister of Culture and Fine Arts Phoeurng Sackona in her brief report to Prime Minister Hun Sen on the night of November 29. Her report, which was

  • NagaWorld union leader arrested at airport after Australia trip

    Chhim Sithar, head of the Labour Rights Supported Union of Khmer Employees at NagaWorld integrated casino resort, was arrested on November 26 at Phnom Penh International Airport and placed in pre-trial detention after returning from a 12-day trip to Australia. Phnom Penh Municipal Court Investigating Judge

  • Angkor Beer, 30 Years of Prestige and Still Counting

    Let’s celebrate 30 years of prestige with Angkor Beer. In this 2022, Angkor Beer is 30 years old and has been staying with Cambodian hearts in all circumstances. Head of core beer portfolio, EmYuthousaid, “We have been with Cambodians for three decades now. We, ANGKOR Beer, pride

  • Sub-Decree approves $30M for mine clearance

    The Cambodian government established the ‘Mine-Free Cambodia 2025 Foundation’, and released an initial budget of $30 million. Based on the progress of the foundation in 2023, 2024 and 2025, more funds will be added from the national budget and other sources. In a sub-decree signed by Prime Minister Hun Sen

  • Two senior GDP officials defect to CPP

    Two senior officials of the Grassroots Democratic Party (GDP) have asked to join the Cambodian People’s Party (CPP), after apparently failing to forge a political alliance in the run-up to the 2023 general election. Yang Saing Koma, chairman of the GDP board, and Lek Sothear,