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Gold production coming to
Cambodia in the next two years
STUART ALAN BECKER
AN Australian who is deeply involved ill
the developmenr of Cambotlia's minin g
industry is Richard Stanger, president of
The Cambodian Associati on for Miningand
Exploration Companies.
Stanger predicts the beginning of gold.
production coming from Mondulkiri and
Ratanakiri provinces in the next two years.
"1 foresee the beginnings of gold production
within the next two years."
In an interview onWewl esday, Stanger said
he's seen anincrease in interest from outside
companies during the last year.
"During the last year we've had visitors from
Australia, Canada, Russia, China and India
and elsewhere, without previous experience in
the country, and all have gone away impressed
and willingto get involved," he said.
"Cambodia is a good little country
for inv.estment and it's doable. The
government is very open for investment
and development and encourages it. The
Minister of industry, Mines and Energy,
HE Suy Sem, is keen to see the sustainable
development of minerals in Cambodia, for
the development of the country."
While he works as CEQ of liberty Mining.
Stanger also promotes Cambodia's mining
industry through his role as CAMEC president.
"The best thing about CAMEC is it was set
up to represent the industryand promote
Cambodia as a place to invest, serve as
a liaison between the industry and the
government, and as a forum for discussion
amongst members."
CAMEC's membership is made up of
mining exploration companies as well as
service industry members such as drilling
companies, unexploded ordnance clearance
companies and consulting companies.
Stanger said Australia had a lot to offer
Cambodia in mining technology and
experience, which would be of benefit to
Cambodia.
''I'm an Australian and I'd like to point
out that the largest part ofAustralia's
economy is mining, and having come from
Richard Stanger, president ofThe Cambodian AssoCi allon
for Mining and Exploration Companies. Will BAXTER
that background I see great potential in
Cambodia.
"The good thing about Australian
companies is they nowunderstand
Cambodia, whereas whenI first came here
Cambodia was a mystery. That has changed.
It is nowon the radar, onthe map as a placeto
come and look for minerals and invest."
He said Cambodia has gold, coal, iron ore,
bauxite and copper,
"I've also got myfoot in Laos and in
Australia. I'm involved in some projects in
those countries."
When he first came to Cambodia in
2004, tile mining industry was completely
undeveloped.
"Today what I see is a very rapidly
developing small country. We can only
imagine what it will look like in five more
years' time from now, because before our
eyes it is becomillg quite a place LO be and be
part of."
Stanger said Prime Minister Hun
Sen realises the importance of mineral
development and recognises the role that
countries like Australia play.
"Tbep riJne encourages and
supports our active