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Acquisition agreement for Cambodian gold mine positive for Astral Mining

MINING.com Editor | June 23, 2011
Vector map of Cambodia

Astra Mining, an Australian diversified mining company, has signed an option agreement to fund the acquisition of an operating gold mine in Cambodia which presently has an exploration licence.The agreement provides Astra with a majority interest in Petone Mining (Asia) which has the acquisition agreement for the mine. A mining licence will be applied for prior to production expansion of the mine.

  • OZ Minerals to sell off Cambodian gold assets

    Business Day | February 20, 2012

    OZ MINERALS announced plans yesterday to sell off its gold assets in Cambodia, closing a controversial chapter for the company that was forced to deny allegations of impropriety last year in relation to this business.

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