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Gold project gets Cambodian environmental approval
Angkor Gold Corp announced that the Cambodian government recently approved the Environmental and Social Impact Assessment for Mesco Gold (Cambodia) Ltd's Phum Syarung mine located in northeastern Cambodia. According to the company, this represents the final step before approval from the minister of mines for Mesco's mining license application covering 12 km2 at the Phum Syarung mine site. Mesco has completed most of the necessary mine infrastructure. Angkor maintains a sliding-scale net smelter return (NSR) agreement from 2%-7.5% based on the price of gold on the Phum Syarung mine. For all other minerals, a 7.5% NSR will be paid.
Gold project gets Cambodian environmental approval
Angkor Gold Corp announced that the Cambodian government recently approved the Environmental and Social Impact Assessment for Mesco Gold (Cambodia) Ltd's Phum Syarung mine located in northeastern Cambodia. According to the company, this represents the final step before approval from the minister of mines for Mesco's mining license application covering 12 km2 at the Phum Syarung mine site. Mesco has completed most of the necessary mine infrastructure. Angkor maintains a sliding-scale net smelter return (NSR) agreement from 2%-7.5% based on the price of gold on the Phum Syarung mine. For all other minerals, a 7.5% NSR will be paid.
Gold project gets Cambodian environmental approval
2016
Article (Journal)
English
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