Our ancestor named " SovannaPhoum" Thank you, Thavry On Fri, May 28, 2010 at 8:40 PM, Kenneth So <[email protected]>wrote:
> Dear Sophal, > > When I read the article I was flabbergasted to learn how much gold it was. > I could not believe our fortune. Now it makes more sense with this > correction announcing that it contains only 2.5 grams of gold per ton. The > amount is thus a paltry $50 million. What a let down for Cambodia! > > Thanks, > > Kenneth > > On Fri, May 28, 2010 at 4:05 PM, Sophal Ear <[email protected]> wrote: > >> Dear bong Kenneth, mistakes happen... but thanks to Sophoan Phean >> (cc:'d), your e-mail announcing the discovery of 50 times more gold than the >> world has ever mined can be corrected. Actually, maybe we can have a gold >> rush in Cambodia and people from all over the world will start flying in to >> make their fortunes, like in San Francisco, in 1849. >> >> From Sophoan: >> >> If I may just make a correction from your report about the gold mine. H. >> E. Sok Leng presented this morning that OZ mineral found mineral deposit of >> 8.1 million tonnes in which each tonne of the deposit has the gold content >> of 2.5 gram that will make up the gold content of around 20 tonnes. I can >> confirm this figure with the guy from OZ mineral tomorrow. >> >> Cheers, >> Sophoan >> >> Sent from my iPhone >> >> ----- Forwarded Message ---- >> *From:* Kenneth So <[email protected]> >> *To:* SO Kenneth <[email protected]> >> *Sent:* Fri, May 28, 2010 3:57:42 PM >> *Subject:* Australian Firm OZ Minerals Discovered 8.1 million tons of >> Gold Mineral Deposit in Cambodia >> >> Dear Friends, >> >> According to the news (please see the links and story below), the >> Australian firm OZ Minerals had discovered a gold mineral deposit of around >> 8.1 million tons in the north eastern province of Mondulkiri. >> >> This gold deposit is so large that it is about 50 times of all the gold >> that has ever been produced throughout human history. According to Wikipedia >> (http://en.wikipedia.org/wiki/Gold), a total of only about 161,000 tons >> of gold have been mined throughout the history of human civilization. >> >> According to the US geological survey ( >> http://minerals.usgs.gov/ds/2005/140/gold.pdf), the world gold production >> in 2008 was only 2,260 tons. Therefore, with the current production, it >> would take Cambodia 3584 years to exploit all the gold from the mine. >> >> I made some calculation as to the value of our Cambodian gold deposit. >> Considering that the price of gold is about $1,200 per troy ounce, the total >> value of our Cambodian gold deposit amount to over $300 trillion ($1200 x >> 8,100,000 tons x 22,240 lb/ton x 14.584 oz/lb). This is about 24 times the >> current debt of the United States of America (The current US debt is about >> $13 trillion). This mean that Cambodia could buy the US out and still have >> about $300 billion left. With this kind of wealth, Cambodia would be the >> richest country in the world. >> >> I hope Cambodia and the government know how to manage our natural resource >> properly for the benefits of Cambodia and its citizens. >> >> As some of you may have remembered, Cambodia used to be called >> Sovannaphum, which means a country of gold. Now we know the reason why our >> ancestors called Cambodia Sovannaphum. >> >> SE Asia and Vietnam News Links: >> >> http://www.straitstimes.com/BreakingNews/SEAsia/Story/STIStory_530780.html >> >> >> http://www.vietnewsonline.vn/News/Society/15959/Cambodias-gold-mineral-find.htm >> >> *May 24, 2010 * >> >> *Cambodia's gold, mineral find * >> >> PHNOM PENH - CAMBODIA said on Monday that Australian firm OZ Minerals had >> discovered around 8.1 million tonnes of gold on its territory, ahead of a >> conference intended to draw in mining investment. >> >> Some 60 local and foreign firms including companies from Australia, China, >> South Korea and Vietnam have been conducting mineral research and >> exploration across Cambodia, an official said ahead of the international >> mining conference starting in Phnom Penh on Wednesday. >> >> 'We have been conducting research and we have obtained remarkable >> results,' said Sok Leng, head of the General Department of Mineral Resources >> at Cambodia's Ministry of Industry, Mines and Energy, at a news conference. >> >> OZ Minerals Limited had recently discovered about 8.1 million tonnes of >> gold in an area in the north-eastern province of Mondulkiri, said Mr Sok >> Leng. Other minerals including gold, iron ore, and copper had been found >> elsewhere in the country, he said. >> >> Douglas Broderick, representative of the United Nations Development >> Programme, which is co-organising the conference with the Ministry of >> Industry, Mines and Energy, said Cambodia's mining sector would continue to >> develop. 'Obviously, we would like to see (the) mining conference encourage >> investment,' Mr Broderick said during the briefing. >> >> London-based Global Witness has alleged that Cambodian earnings from >> natural resources, including minerals, are being 'jeopardised by high-level >> corruption, nepotism and patronage.' The environmental watchdog said >> Cambodia had enough natural wealth to wean itself off foreign aid but that >> international donors must do more to ensure the assets are properly managed. >> -- AFP >> >> London-based Global Witness has alleged that Cambodian earnings from >> natural resources, including minerals, are being 'jeopardized by high-level >> corruption, nepotism and patronage.' >> The environmental watchdog said Cambodia had enough natural wealth to wean >> itself off foreign aid but that international donors must do more to ensure >> the assets are properly managed. >> >> -- >> Kenneth So >> Aryasatya (Sanskrit) >> Chattari Ariyasachchani (Pali) >> Chatuk Arey Sachak (Khmer) >> The Four Noble Truths (English) >> In Steps with Khmer Soul & Khmer Conscience >> >> >> > > > -- > Kenneth So > Aryasatya (Sanskrit) > Chattari Ariyasachchani (Pali) > Chatuk Arey Sachak (Khmer) > The Four Noble Truths (English) > In Steps with Khmer Soul & Khmer Conscience > > -- > You received this message because you are subscribed to the Google Groups > "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. > This is an unmoderated forum. Please refrain from using foul language. > Thank you for your understanding. Peace among us and in Cambodia. > > To post to this group, send email to [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/camdisc > Learn more - http://www.cambodia.org -- You received this message because you are subscribed to the Google Groups "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. This is an unmoderated forum. Please refrain from using foul language. Thank you for your understanding. Peace among us and in Cambodia. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/camdisc Learn more - http://www.cambodia.org
