Australian Firm Obtains New Gold Mining License on Over 10,000 Hectares in Tbong Khmum

• 17 September 2021
• Local News
• 3782 Views

Renaissance Minerals (Cambodia) has obtained a new license to explore for gold on over 10,000 hectares of land in Tbong Khmum province’s Memot district after launching Cambodia’s first commercial gold mining in Mondulkiri province’s Keo Seima district in June.

The company received the license from the Ministry of Mines and Energy in January 2021, according to HE Ung Dipola, Director-General of the General Department of Mineral Resources.

Under the license, the company has rights to conduct exploration on 107 square kilometres (over 10,000ha) within a three-year period till January 2024, he said.

“In the first stage, the firm will check the site with the exploration team and environment team. They will also discuss related matters with local authorities to introduce the project,” he said.

Last week, representatives of the Renaissance Minerals (Cambodia) also held a discussion meeting on the project with Thbong Khmum Governor HE Cheam Chan Sophorn. (Read more)

Regarding gold production in Cambodia, PM Samdech Hun Sen announced in August that through the operation of Renaissance Minerals, Cambodia can extract 137 kilograms of gold on average per month or 3 tons per year. (Read more)

To date, almost 200 kilograms of gold have been exported from Cambodia for refining in Australia.

• Energy and Environment