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The first ore extracted from Mondulkiri's Okavu Gold Deposit, to be processed by the Australian Renaissance Minerals company.

After oil bust, Cambodia announces first commercial gold mining project

11 Jun 2021 8:39 PM|

Prime Minister Hun Sen said in a public letter Thursday that Renaissance Minerals will be the first Australian mining firm to start extracting ore from the Okvau Gold Deposit in Mondulkiri province. The company will begin mining this month after more than 14 years of exploration.

Soldiers carry Cambodia's first drop of crude oil during a ceremony at Phnom Penh's Win Win Monument, June 9, 2021. CamboJA/ Panha Chhorpoan

Cambodia’s oil production uncertain as KrisEnergy declares insolvency

9 Jun 2021 8:48 PM|
Sorn Sarath|

Despite the government’s pride in Cambodia’s long-awaited oil production, the nation’s oil industry remains in limbo after developer KrisEnergy announced it was unable to pay…

Investors gather in front of the GoldFX Investment Co., Ltd building in Phnom Penh to demand their money back after $27million was stolen from the investment fund, May 31, 2021. CamboJA/ Panha Chhorpoan

GoldFX customers demand refunds as company pushes lawsuit

1 Jun 2021 3:48 PM|
Sorn Sarath|

More than 200 people who had invested in local company GoldFX Investment Co, Ltd (GFX) protested in front of the company’s offices in Phnom Penh…

A motorist drives past the Sihanoukville Special Economic Zone (SSEZ) at Preah Sihanouk province on September 28, 2017. CamboJA/ Pring Samrang

Report: China’s new silk road project brings risk of increased illicit trade

7 May 2021 8:57 PM|
Sorn Sarath|

China’s Belt and Road Initiative (BRI), Beijing’s ambitious global programme for expanding its international trade opportunities and promoting infrastructure development, has been linked to increased…

The NagaWorld casino complex was shut for business on March 2. It's now yet another quiet business in locked-down Phnom Penh, April 29, 2021. CamboJA/ Pring Samrang

NagaWorld’s suspended workers campaign to fight layoff plan

30 Apr 2021 6:01 PM|
Sorn Sarath|

Workers at NagaWorld, Cambodia’s biggest casino company, are stepping up the fight for their jobs after their employer announced on April 8 plans to lay…

Garment factories like this supplier in Kandal provided a central pillar for Cambodia's economic growth before the pandemic, December 2018. CamboJA/ Pring Samrang

Despite positive report, too soon to tell with Cambodia’s economic recovery

28 Apr 2021 8:46 PM|
Sorn Sarath|

A newly released report from the Asia Development Bank (ADB) forecasting growth for the Cambodian economy is providing only cold comfort as its authors acknowledge…