Chinese Firm in Kratie Produces Gold Ore for First Time, Expecting 60kg in First 3 Months

Chinese firm Xing Yuan Kanng Yeak Co., Ltd. produced 8.2kg of gold ore for the first time on 11 October, with the aim of producing at least 60kg in the first three months of operations.

The ceremony to record the first production was attended by the Minister of Mines and Energy Governor of Kratie Province HE Va Thon, as well as other relevant officials.

The company recorded gold concentrates weighing 7,849 grams that can be made into seven gold bars weighing 8,212.27 grams with a purity rate of 99.9%.

According to the plan, during the first three months, the company plans to produce 20kg per month.

Xing Yuan Kanng Yeak Co., Ltd received a gold mining industry license from the Ministry of Mines and Energy in August 2018 on a 28sqkm area to operate its gold mining business in Sambo district, Kratie province.

 

- Video Advertisement -

Related Post

Southeast Asia’s Coastal Real Estate Development Faces Critical Balance with Mangrove Conservation

A groundbreaking study reveals that 85 percent of Southeast Asia’s mangrove forests, which comprise 32 percent of global mangrove coverage and sequester 15.9 million tonnes of carbon dioxide annually, face severe risks from real estate development, agricultural expansion, and climate change impacts, according to new research led by University of Queensland researcher Valerie Kwan, as […]

Korean Firm Donates 8,000 Electric Motorbikes to Cambodian Government to Combat Emissions

In a significant move to address climate change, South Korean company VeryWords has pledged to donate 8,000 electric motorbikes to Cambodian government officials. This initiative aims to reduce greenhouse gas emissions in Cambodia and promote the use of environmentally friendly transportation. The announcement was made during a Memorandum of Understanding (MoU) signing ceremony held on […]

Cambodia’s Electricity Capacity Set to Expand Significantly by 2024

By 2024, Cambodia is poised to enhance its electricity generation capacity to an impressive 5,044 megawatts, alongside a substantial extension of transmission lines to 3,890 kilometers. During the closing ceremony of the Electricity Authority’s conference on 3 February 2025, HE Keo Rattanak, Minister of Mines and Energy, confirmed that these targets had been met. The […]

GeoStudio, the Future of Limit Equilibrium Analysis

By Louis Henry Prates Integrated geotechnical workflow Seequent’s vision is to provide a suite of underground solutions that seamlessly integrate into every stage of infrastructure development. Starting with field data collection and management with OpenGround, moving on to subsurface characterization and geological modeling with LeapFrog Works, and culminating in advanced Geotechnical Analysis with PLAXIS and […]

Chinese Company Pledges to Complete Mondulkiri Wind Power Station by 2026

In a significant commitment to renewable energy in Cambodia, HK OASIS Power Energy Development Co., Ltd. has vowed to complete the construction of a 150-megawatt wind power station in Mondulkiri province by 2026. This pledge was made by Mr Wang Junwei, the company’s representative, during a meeting with HE Chea Vuthy, Secretary General of the […]

Cambodia and Germany Forge Alliance for Enhanced Waste Management

In a significant step towards improving urban aesthetics and environmental sustainability, Cambodia and Germany have joined forces to strengthen the nation’s waste management strategy. The Ministry of Environment and the German Agency for International Cooperation (GIZ) have embarked on a collaborative project titled “Green Initiative for Chakra Economy for Sustainable Waste and Solid Waste Management […]