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[Draft] Initial environmental and social impact assessment (IEIA) on gold mining exploration of XING YUAN KANNG YEAK CO., LTD.

XING YUAN KANNG YEAK Co., Ltd., a foreign corporation (Cambodia-China) registered with the Ministry of Commerce with an initial investment of 20,000,000 Riels on January 10, 2011. The company has obtained a mining license from the Ministry of Industry, Mine and Energy to conduct research on gold.

Data Resources (14)

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Additional Info

Field Value
Geographic area (spatial range)
  • Cambodia
Topics
  • Environmental impact assessments
  • Extractive industries
  • Mineral processing and products
Document type Environmental Impact Assessment
Contracting Parties
  • Xing Yuan Kanng Yeak Co. Ltd.
Government Entity (multiple)
  • Minister of Environment
  • Minister of Industry, Science, Technology and Innovation
Disclosure Mode Released by government
License Creative Commons Attribution Share-Alike
Copyright No
Access and use constraints

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Version / Edition 1
Language of document
  • Khmer
Province(s)
  • Kratie
Metadata Reference Information

Metadata last updated on 2021-07-19. For inquiries contact: Open Development Cambodia, Email: contact@opendevcam.net, Website: http://www.opendevcam.net Address: 43 St. 208, Phnom Penh, Cambodia.

Signature date August 6, 2010
Contact

XING YUAN KANNG YEAK Co., Ltd Address: Building 1, corner of Street 211.138, Sangkat Veal Vong, Khan 7 Makara, Phnom Penh. Phone: (855) 97 642 70 78 / (855) 11 232 911 Email: twc007@msn.com

Granted area 2050.0
Contract term unit Years
Land use planning XING YUAN KANNG YEAK Co., Ltd has prepared for the construction of 6-hectare and 66-hectare for gold mining production and workers' accommodation.
Land use planning unit Ha
Environmental protection obligation

The company uses the Ministry of Environment's Joint Guidelines and the Rapid Environmental Assessment (REA - Rapid Environmental assessment Checklist - Environmental Guideline, ADB-2003 and WB-PPAH, 1998) to assess initial environmental and social impacts on research activities for gold mining. Mining is a closed pit and the method of gold mining in this area uses mechanical methods. Gold Mining Research Project located in O'Lik Khlak, Kbal Damrey Commune, Sambo District and Sambok Commune, Chit Borey District, Kratie Province on January 14, 2011 under a service contract with XING YUAN KANNG YEARK Co., Ltd.

Fiscal duties summary

The obligation to pay taxes and rent for annual land concessions is equal to $ 84,631.50, of which: 1. the exploration fee for 22 square kilometers is equal to ($ 15 x 22 = $ 330) 2. the rent for mining area 06 Square kilometers ($ 400 x $ 6 = $ 2,400) 3. 3% mineral royalties equal to (64489550 dollars x 3% = $ 194686) and 4. 10% export tax on products Export is equal to $ 6489550 x 10% = $ 648955.

Total amount of fiscal duties 2523179.0
Total amount of social fund 60000.0
Environmental fund summary

The company will contribute to the restoration of environmental and social resources by providing $ 60,000 for the environmental fund and $ 40,000 for the social fund.

Total amount of environmental funds 40000.0
Legacy reference document Draft_IEIA_XING_YUAN_KANNG_YEAK__00.04.2011.pdf
Keywords IEIA,Land Concession,Mine Exploration,gold mining
Open Contracting Identifier ocds-miumsd-f42a3494-f484-42f0-9166-fca3766a117f
Date uploaded July 19, 2021, 02:24 (UTC)
Date modified September 23, 2021, 14:10 (UTC)