After oil bust, Cambodia announces first commercial gold mining project

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

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.