Cambodia Refines Nearly 1,000kg of Gold Ore in 4 Months

Australian firm Renaissance Limited (Cambodia), which received a license to operate Cambodia’s first commercial-scale gold mining in Mondulkiri province, has refined nearly 1,000kg of gold ore in the first four months.

The amount of gold ore was presented by Prime Minister Samdech Hun Sen during the inauguration ceremony of the Ministry of Land Management, Urban Planning and Construction on Monday 8 November.

“Cambodia-Australia cooperation has reached a new and higher level, including cooperation in the gold mining business, which so far has nearly one ton of gold ore has been refined and it will further increase,” said PM Hun Sen.

Launched production in June 2021. Cambodia’s first commercial gold refining plant is projected to have a refining capacity of about 3 tons per year. (Read more)

- Video Advertisement -

Related Post

555 registered mineral resource licenses are operating in the mining sector in Cambodia

Cambodia is witnessing significant growth in its mining sector, with 555 active legal mining operations currently licensed by the Ministry of Mines and Energy. These operations have attracted a total investment of USD 2.764 billion and provided approximately 11,306 jobs for the local population. According to a report released at the Ministry’s annual meeting, the […]

Thai office space vacancy rate rises 26.3%, Yet Thailand’s richest billionaire optimistic about market demand growth

Bangkok’s office vacancy rate in prime Grade A buildings has soared to 26.3%, reflecting a growing oversupply, but Frasers Property Limited, led by Thailand’s wealthiest scion, is betting on the US-China trade feud to drive demand for office and industrial spaces across Southeast Asia, according to bangkokpost on 19 September 2024. With a US$3.6 billion […]

Cambodia Welcomes Over 7.8 Million Tourists During Three-Day Water Festival

Cambodia’s Royal Water Festival in 2024 attracted an impressive 7,844,388 tourists over three days, with Phnom Penh leading as the top destination, receiving 6,292,187 visitors. This remarkable turnout underscores the festival’s significance as a cornerstone of Cambodia’s cultural heritage, according to a report shared by Samdech PM Hun Manet on 18 November 2024. Of the […]

Cambodia Records USD505 Mil in Iron and Steel Imports, Construction Sector Gradual Recovery

Cambodia imported iron and steel products worth USD505 million in the first ten months of 2024, a significant 65% increase compared to USD305 million during the same period in 2023. Data from the General Department of Customs and Excise (GDCE) revealed that imports for October 2024 alone reached USD52.5 million, marking a 105% rise from […]

Phnom Penh Autonomous Port Achieves Record Container Traffic and Revenue Growth in 2024

The Phnom Penh Autonomous Port recorded an impressive milestone in 2024, handling over 401,000 TEUs (Twenty-foot Equivalent Units) of containers in the first ten months, reflecting nearly a 20% increase compared to the same period in 2023. The port also processed 35,264 TEUs in October alone, a 17.75% rise from October 2023, according to an […]

French Luxury Brand Metal Jewelry Opens New Factory in Cambodia, Boosting Local Industry and Jobs

Metal Jewelry Cambodia, a renowned French jewelry brand, officially opened its production and assembly factory for metal and plastic jewelry on 9 November 2024. The inauguration, led by HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, marks a major milestone following the company’s investment permit approval in June 2023. HE Chea Vuthy emphasized […]