Gold mining in Malaysia is primarily conducted by both local and international companies, with most operations concentrated in the states of Pahang, Kelantan, and Sarawak. Below are some notable gold mining companies operating in Malaysia:
<img src="/img/c8.jpg" alt="gold mining mpanies in
aysia” /> 1. Major Gold Mining Companies in Malaysia
# a. Local Companies
1. Monument Mining Limited (Canada-based but operates in Malaysia)
– Operates the Selinsing Gold Mine in Pahang.
– One of the largest gold producers in Malaysia.
2. CNMC Goldmine Holdings Limited (Singapore-listed but operates in Kelantan)
– Operates the Sokor Gold Project in Tanah Merah, Kelantan.
– Engages in gold mining and processing.
3. Pahang Consolidated Bhd (PCB) (Malaysian company)
– Historically involved in gold mining but has diversified into other ventures.
4. Besra Gold Inc. (Previously operated in Malaysia)
– Previously involved in gold exploration but faced regulatory issues.
# b. International & Joint Ventures
5. Avocet Mining PLC (UK-based, previously active in Malaysia)
– Had interests in Malaysian gold projects but scaled down operations.
6. LionGold Corp (Singapore-based, previously invested in Malaysian mines)
– Had stakes in Malaysian gold assets before financial troubles.
2. Exploration & Small-Scale Miners
– Several small-scale and artisanal miners operate, especially in Kelantan and Pahang.
– The Malaysian government has been tightening regulations to curb illegal mining.
3. Government Involvement
– The Mineral and Geoscience Department Malaysia (JMG) oversees mining activities.
– The government encourages foreign investment but enforces strict environmental and licensing rules.
4. Challenges
– Illegal gold mining remains an issue, especially near forest reserves.
– Environmental concerns over mercury use by small-scale miners.
– Regulatory hurdles for new projects.
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