Cambodia Refines 5 Tons of Gold Ore, Earning Nearly US$10 Million in Tax Revenue

• 25 January 2023
• Local News
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Cambodia’s gold refinery firms have refined a total of 5.3 tonnes of gold ore by 2022, with the companies paying more than US$8 million in royalties and US$1.5 million other in tax revenue to the government. 

This figure was presented by officials of the Ministry of Economy and Finance in a public forum on microeconomic management and the budget law 2023 held on 25 January. 

There are seven gold mining companies, currently operating in four provinces: Mondulkiri, Ratanakiri, Battambang and Preah Vihear.The ministry said that the company that refined the most gold ore was Renaissance Minerals, while other companies refined gold at a lower level. 

The four companies are Renaissance Minerals, in Mondulkiri province, Xinshan Industrial Cambodia in Preah Vihear province, Xing Yuan Kanng Yeak in Kratie province and Delcom Kampuchea in Preah Vihear province. 

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