Angkor Gold: A gold standard for CSR
- Details
- Published: Monday, 01 December 2014 09:47
- Written by Joseph Kirschke
By Joseph Kirschke, news editor-mining, E&MJ
BANTEAY, Cambodia: Accessing this village eight hours north of Phnom Penh is daunting on the best of days, not least during the rainy season. On the main artery from the capital, buses, cars and tractor-trailers alike can be seen moored in the mud, all resembling helplessly grounded ships. Another 30-minute ride can foil the hardiest off-road vehicle at the gruelling final stretch.
ELDORADO Gold is one of few foreign mining companies that have been successful in China - the world’s largest consumer of mineral resources, the world’s primary gold source, a major coal miner and a leading producer of many other minerals. With most large mining operations run by state-owned enterprises, and large amounts of patience, determination and exploration expertise needed, along with a large bucket of cash, it is not hard to see why this is the case.