http://www.radioaustralia.net.au/new...4/s2218581.htm





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Cambodia's Ministry of Planning and Investment has issued a joint license to Can Tho Cement Company, creating a joint venture that will allow mining for laterite ore in Cambodia.

Can Tho will contribute nearly half a million US dollars towards the joint venture with Cambodian firm Omsaura.

The overall cost of the venture is 900-thousand US dollars.

Construction on the projectw ill begin next month, with a view to exploiting the high-iron clay known as laterite within two months.

It is expected the mine will yield 50,000 tons of ore a month.



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mining[/list]