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Brunei
Tuesday, October 4, 2022
30.2 C
Brunei
Tuesday, October 4, 2022
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    Cambodia produces 3.5 tonnes of gold so far: Official

    PHNOM PENH (XINHUA) – Cambodia has produced 3.5 tonnes of dore bars with 90 per cent pure gold solution since mining began in June last year, a spokesman said yesterday.

    The Southeast Asian nation started extracting gold for the first time at a gold mining site in Keo Seima district in northeastern Mondulkiri province in June 2021.

    Renaissance Minerals (Cambodia) Ltd, a subsidiary of Australia-listed Emerald Resources NL, is the developer of the mining site.

    “The company has so far refined about 3,543kg of dore bars,” Director-General of the Ministry of Mines and Energy’s General Department of Mineral Resources Ung Dipola, said during a press conference.

    The royalty income generated from the gold production was USD5.1 million so far, he said.

    Dipola said that another gold refining company, Delcom Campuchea PLC Ltd, has started its trial operation in northwestern Preah Vihear province since August 4, extracting about 20kg of dore bars so far.

    “It is a medium-sized company that is capable of producing around 340kg of gold per year,” he added.

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