WELCOME TO CAMEC

The “Cambodian Association for Mining and Exploration Companies” is a collective of professional mining industry companies and associated service companies. The Association was established in 2009 to bring together the common interests of the mining and exploration industry and provide a forum that can represent the mining and exploration industries to government.

 

CAMEC provides a contact point for the mining and exploration companies with service provider companies. This enables face-to-face contact with the various industry representatives and is an ideal forum in which to develop business relationships.

 

Regular events are held, which often include a guest speaker, covering various facets such as technical, corporate or service provider companies. Topics will always relate to the mining and exploration industry in Cambodia.

CAMBODIAN ASSOCIATION for MINING and EXPLORATION COMPANIES

SPONSORING MEMBERS

THE FOREMOST SOUTH EAST ASIAN FORUM FOR THE GLOBAL MINING COMMUNITY

Mining Investment Asia is a strategic mining conference and exhibition for the leaders of the mining, quarrying and construction materials industries, bringing together 800 attendees from 35 countries. Ministers, mining companies, investors and service providers travel from all over Asia, North America, Europe, Middle East and Africa for four days of partnering, networking and business matching.   Join us at an invaluable platform to seek new partnerships, new business and new opportunities.

Camec Cambodia - Map of Cambodia

CAMBODIAN MINING INDUSTRY HISTORY

In 2006, Cambodia’s mineral resources remained, to a large extent, unexplored. Between 2003 and 2006, however, foreign investors from Australia, China, South Korea, Thailand, and the United States began to express their interest in Cambodia’s potential for offshore oil and gas as well as such land-based metallic minerals as bauxite, copper, gold, and iron ore, and such industrial minerals as gemstones and limestone.

 

The identified mineral resources in Cambodia were bauxite, carbonate rocks, natural gas, gemstones, gold, manganese, petroleum, phosphate rock, salt, silica, and zircon. With the exception of carbonate rocks and gemstones, the country’s mineral resources were largely unexploited. To attract domestic and foreign mining companies to invest in the mining sector, the Law of Minerals Management and Mining of Cambodia was promulgated by the government on July 13, 2001.

 

New Regulations For Mining: Sub Decree on Management of Mineral Exploration and Industrial Mining Licenses

The Royal Government of Cambodia has adopted on May 05, 2016 the Sub-Decree on Management of Mineral Exploration and Industrial Mining Licenses based on requested from the Ministry of Mines and Energy. The adoption has set a new regulatory regime for this sector aiming to promote sustainable mining practice to achieve the sector policy vision: wealth for all.

Inspired by the Western Australia mining codes and regulations, the sub-decree provides a new regulatory framework in Cambodia for the mining sector based on international best practices. According to the sub-decree, all mineral exploration and mining operations must be socially responsible and environmentally friendly, avoiding adverse effects and protecting local communities’ interest in order to ensure that such national investment in this sector achieves highest socio-economic outputs.

This is for the first time that the country established such detailed and comprehensive sets of regulations. Many intensive consultations with all key stakeholders were carried out to make this regulation harmonized with other relevant legislation, including not only fiscal and environmental legislation but also other legal texts applicable to economic activity such as foreign investment laws, labor laws and the general tax code. The sub-decree has outlined mechanism and process for institutional coordination and land-use management with other sectors such as agriculture, forestry, urban development, land economic concession, etc. It sets a clear framework for the role of the competent bodies of local government, for civil society and local communities to engage in the sector planning and implementation and to ensure compliance with health, safety, and environmental (HSE) requirements related to all mineral operations.

The sub-decree also sets authorities and procedures by which the government allocates mineral rights along with the rights and obligations of both the license holder and the government; clear, transparent, competitive, and non-discretionary procedures for issuing exploration and mining rights. It is expected that this new regime will strongly enhance the current sector investment environment by establishing sector transparent governance system and assurance to a mineral exploration license holder of security of tenure which includes issues relating to development rights, assignment rights, and retention rights.

Full text of the subdecree in khmer language can be download here

Source: https://en.wikipedia.org/wiki/Mineral_industry_of_Cambodia

Source:

New Regulations For Mining: Sub Decree on Management of Mineral Exploration and Industrial Mining Licenses

MINING INDUSTRY QUOTATIONS

CAMEC SERVICE INDUSTRY MEMBERS