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Economy / Cambodia

Cambodia

December 2007 | Risk Summary

Australia's Southern Gold Ltd has commenced mining for gold in north eastern Cambodia, as the country's fledgling mining sector continues to attract the attention of some of the industry's biggest players. A number of Chinese mining companies are currently exploring for iron ore in the country's north, while BHP Billiton , the world's largest mining company, has recently reported promising finds in initial explorations for bauxite in the eastern province of Mondulkiri. Expansion of the mining sector presents yet another opportunity to diversify the economy away from tourism and garment manufacturing, and to expand the country's export sector.

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