Chinese Mining Company to Launch Gold Production in Mondulkiri Province

Rong Cheng Industrial Investment Co., Ltd., a Chinese-based company, is set to commence gold exploration and refining in Mondulkiri province after completing its production infrastructure. According to HE Sorn Sarun, Deputy Governor of Mondulkiri Province, the company has been granted a legal license to explore gold ore in the province, and has already conducted test production, yielding over 2 kilograms of gold.

Ty Sophal, Director of the provincial Department of Mines and Energy, revealed that the Chinese company, Rong Cheng Industrial Investment (Cambodia) Co., Ltd., had been granted the legal license to explore the gold ore in Mondulkiri province, and the company used to run a test production and received more than 2 kilograms of gold.

Currently, the company has been actively working to resolve relevant impacts around the mining area, and may soon make an official announcement and launch of the company. Once completely prepared and resolved, the company may have an official announcement, inauguration, and official launch of the company, Ty Sophal added.

“Mondulkiri province has not only been enriched in gold ore but also other mineral resources such as bauxite, lead, coal, etc. Previously, there used to be several companies studying and exploring those resources,” Ty Sophal claimed.

Beside the Chinese company, recently Australia’s Renaissance Mineral Limited (Cambodia) in exploring gold ore in Chong Plas commune, Keo Seima district, Mondulkiri province. The province’s rich mineral resources make it an attractive location for mining companies to explore and extract resources.

The opening of the Chinese company’s gold production marks a significant step in the development of Mondulkiri province, providing opportunities for economic growth and prosperity in the region.

- Video Advertisement -

Related Post

Second Conch Cement Factory in Battambang Worth US$ 253 Million Reaches 85% Completion

The construction progress of the second Conch Cement Factory in Battambang province, valued at US$253 million, has reached a significant milestone, with approximately 85% of the project now complete. Scheduled for an official inauguration in September 2024, this development marks a crucial step forward in Cambodia’s cement manufacturing sector. The update was shared via a […]

Toyota Unveils US$36 Million Assembly Plant in Phnom Penh SEZ

In a significant boost to Cambodia’s automotive industry, a new Toyota assembly plant, valued at over US$36 million, was officially inaugurated in the Phnom Penh Special Economic Zone on 2 May 2024. This landmark event was presided over by Samdech Hun Manet, Prime Minister, marking a new era in the country’s manufacturing capabilities. The Toyota […]

Cambodia Forges Ahead with International Standard Community Nurseries for Workers

Cambodia is accelerating its initiatives to establish community nurseries built to international standards. In a concerted effort to elevate working conditions and support the welfare of labourers, the Ministry of Labor and Vocational Training (MLVT) convened a pivotal meeting on 18 April 2024, in collaboration with the World Child and Development Organisation and the World […]

Cobber Packing Company Commits Over US$3 Million to Establish Cardboard Factory in SHV

The Preah Sihanouk Provincial Sub-Committee on Investment (ECCC) has greenlit an ambitious venture by Cooper Packing (Cambodia) Co., Ltd., investing upwards of US$3 million to erect a state-of-the-art cardboard factory in Sihanoukville. The decision came to light during a meeting presided over by Mr. Kouch Chamroeun, Governor of Preah Sihanouk Province, on 17 April 2024. […]

Construction Sector Thrives: Ministry Approves 3,207 Projects Worth US$5.4bn in 2023

In 2023, Cambodia’s construction landscape witnessed a remarkable surge, with the Ministry of Economy and Finance (MEF) greenlighting a total of 3,207 construction projects, collectively valued at US$5.4 billion. This data, unveiled in a ministry report, highlights a significant stride in the nation’s development trajectory. The report indicates a notable shift in construction dynamics compared […]

Hong Kong Firm, Sunwah Group, Expands Investment Horizons in Cambodia, Eyes Five Key Sectors

Hong Kong-based Sunwah Group is set to broaden its investment portfolio in Cambodia, signalling its intent to venture into five pivotal sectors beyond its existing seafood processing operations, which have been operational since 1994. This development emerged from a high-level meeting between Prime Minister Samdech Hun Manet and Mr. Jonathan K.S. Choi, President of Sunwah […]