Battambang gold mine to remain shut after inspection

Jun 22nd at 07:56
22-06-2016 07:56:24+07:00

Battambang gold mine to remain shut after inspection

The Ministry of Mines and Energy ordered a Cambodian-Vietnamese gold mining operation to remain shut yesterday after a site visit revealed that the company had failed to comply with mining regulations, a ministry official said yesterday.

Suy Sem, Minister of Mines and Energy, conducted a personal inspection tour of a mine operated by Phu Yang (Cambodia) Co Ltd in Battambang province, announcing at the end of the tour that he was disappointed that the company had failed to remedy the compliance issues that resulted in the ministry suspending its licence last year.

“The company claimed it had fulfilled the criteria [to resume operations], but the minister found that it had not and ordered the suspension to be continued,” said Meng Saktheara, a secretary of state at the ministry.

In February 2015, the Ministry of Mines and Energy suspended the mining licence of Phu Yang after it failed to perform according to the conditions of the licence. The company was ordered to resubmit its mining and investment plans, and to secure Ministry of Environment approval of its social and environmental impact assessments.

According to Saktheara, the renewed licence suspension was the company’s final warning. If it fails to comply with mining regulations the ministry will permanently revoke its mining licence, he said.

phnompenh post



NEWS SAME CATEGORY

Special economic zone taps into solar power

Phnom Penh SEZ launched its Clean Energy Initiative yesterday, inaugurating two new solar power systems to supply electricity for water pumps on the 357-hectare...

Tycoon looks to expand and deepen private Sihanoukville seaport

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the...

New cement factory sets itself apart from the rest

A Chinese-Khmer company has announced plans to build a $230 million cement factory, which when it comes online in 2017 will become only the country’s fourth cement...

First shipment of live cattle due in port today

The Kingdom’s first shipment of live Australian cattle is due to arrive in port this morning, and the Brahman cows will be swiftly herded to the country’s first...

Gov’t seeks input on new rice standards

The Institute of Standards of Cambodia (ISC) is soliciting feedback from local stakeholders as it prepares to launch two new standards for the rice industry, the...

Giant coal plant taking shape in Sihanoukville

Nearly half of a massive 700-megawatt coal-fired power plant that will fuel the country’s biggest industrial park and feed the national grid is set to be completed...

JOGMEC to explore for gold in Ratanakkiri

Canadian mining firm Angkor Gold has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to explore Angkor’s Oyadao...

Snakehead fish farmers required to register: gov’t

Snakehead fish farmers are required to register with the Fisheries Administration as part of new regulations aimed at better governing and monitoring an industry...

Think animal feed, think CP Feed

In animal farming, in order to produce the best and most well-fed animals, proper feeding is key to resolving animals’ nutrient deficiencies. The higher the quality...

Royal Group gets exclusive steel deal from Posco

Yong Sheng Global Trading, a subsidiary within the Royal Group conglomerate, signed an exclusive partnership agreement with Posco SS-Vina, a Vietnamese-based steel...


MOST READ


Back To Top