Tuesday, May 25, 2010

Cambodia's gold, mineral find

May 24, 2010
AFP
London-based Global Witness has alleged that Cambodian earnings from natural resources, including minerals, are being 'jeopardised by high-level corruption, nepotism and patronage.' The environmental watchdog said Cambodia had enough natural wealth to wean itself off foreign aid but that international donors must do more to ensure the assets are properly managed.
PHNOM PENH - CAMBODIA said on Monday that Australian firm OZ Minerals had discovered around 8.1 million tonnes of gold on its territory, ahead of a conference intended to draw in mining investment.

Some 60 local and foreign firms including companies from Australia, China, South Korea and Vietnam have been conducting mineral research and exploration across Cambodia, an official said ahead of the international mining conference starting in Phnom Penh on Wednesday.

'We have been conducting research and we have obtained remarkable results,' said Sok Leng, head of the General Department of Mineral Resources at Cambodia's Ministry of Industry, Mines and Energy, at a news conference.

OZ Minerals Limited had recently discovered about 8.1 million tonnes of gold in an area in the north-eastern province of Mondulkiri, said Mr Sok Leng. Other minerals including gold, iron ore, and copper had been found elsewhere in the country, he said.

Douglas Broderick, representative of the United Nations Development Programme, which is co-organising the conference with the Ministry of Industry, Mines and Energy, said Cambodia's mining sector would continue to develop. 'Obviously, we would like to see (the) mining conference encourage investment,' Mr Broderick said during the briefing.

London-based Global Witness has alleged that Cambodian earnings from natural resources, including minerals, are being 'jeopardised by high-level corruption, nepotism and patronage.' The environmental watchdog said Cambodia had enough natural wealth to wean itself off foreign aid but that international donors must do more to ensure the assets are properly managed.

11 comments:

Anonymous said...

All hmers,

These 8.1 millions tons of Gold will belong to VIETNAM, Cambodia's master, but not for Cambodians, the real owners of the country.

How long all of Khmers, inside and outside, continue to sleep and let the VIETNAMISATION to proceed to the final stage???

All resources, fishstock in Tonle Sap with over 3 Millions Viet illegal immigrants, forests, tourists visiting Angkor ect,... have been raped by Hanoi for the benefits of Vietnam.

Otherwise all of you will be Hanoi's slaves on your own ancestors' Lands.

Anonymous said...

In Cambodian we're having everything forests,fishes,oils Gold, Turists. Why our country still the poores in SEA? Likes some country around world they don't even have like Cambodian but their country so splendids than us.

Anonymous said...

hahahaha- the same with Golds and diamond during 1979. many tonnes of golds and more than 2kgs of diamond. where is it. can someone tell me about that?

Anonymous said...

hahahaha- the same with Golds and diamond during 1979. many tonnes of golds and more than 2kgs of diamond. where is it. can someone tell me about that?

Anonymous said...

You`re dummy ass,don`t you know by that time?,some had gone to the motherfucker in the east,and some had gone to the fatherfucker in the west.We all were like goats by that event.Mostly,had been destroyed by the KHMER rouge`s armies in PAI LIN!.

Anonymous said...

You!,GLOBAL WITNESS,motherfuckers!,leave CAMBODIA alone you asshole!!!,you`re peoples power in the west who brought the trouble into CAMBODIA,since 1970-1992,how many million KHMER peoples`d been killed????.By that time!,where the heel are you???,mister, GLOBAL MOTHERFUCKER FUCKING WITNESS????!!!!.Right now!,the CAMBODIAN peoples are deserved to get those aids from the foreigner!!!.You sound so bias you fucking LONDON base of globale witness!!!!.You`re SIAM asslickers!!.

Anonymous said...

You know fucking why we're the poor country in SEA. Cause our leaders are fucking retarded and dumps ass, fucking olds ass too that fucking why? we needs the young generation to run our country.

Anonymous said...

8.1 tons of gold! that's a lot of gold discovered in cambodia, really!

Anonymous said...

8.1 million tons is a lot! my god, cambodia is full of gold! lucky investment by australia!wow!

Anonymous said...

It's a disaster for Cambodia!!! Assume that Cambodia is the poorest country. Cambodia is the poorest country because it has been a richest country. Rich of resource that is not fairly contributed. Rich of corruption. Rich of retard leaders. Rich of self-discrimination. Rich of unjustice..... and so on. Because of wealth, we spoil ourselves and our own country; we have became lazy and broken apart. The wealth and comfort brought the selfishness and greed - finally it brought us down. In conclusion, it's unfortunate that we were rich.

Anonymous said...

VN made Cambodia's fishes and forest gone. Now it is the time to make minerals,like gold and oil to be gone too. And the next step will be the land when his pupet is still on the power.