Chinese firm granted massive mining permit

A Chinese owned, Australian based mining firm has received a copper and gold exploration license in Sagaing Region. PanAust, an Australian-based company owned by Guangdong Rising Assets Management Co. Ltd., received the permit covering an area of 185

Emporium shows jade and gems still hot

The Myanma Gems Enterprise raked in nearly MMK 60 billion, or USD 40.1 million, at its week-long jade and gems emporium in Nay Pyi Taw. The annual week-long event allows jade and gem dealers to examine and bid for nearly 4000 lots. This year, more th

Major coal enterprise draws community pushback

A large-scale Thai coal operation in eastern Shan State has drawn the ire of local communities worried for their land and environment. Residents of Mong Hsat Township issued a joint statement against the project, which is a joint venture between

Government seeks to boost mining with new foreign permits

The Myanmar government will soon issue a wave of mining permits to foreign investors as it seeks to revitalize the industry. Starting in 2020, foreign firms will be allowed to explore and mine large-sized tracts of 500,000 acres, according to the Mya

Watchdog urges more transparency in oil, gas and mining industries

Oil, gas and mining watchdog Extractive Industries Transparency Initiative (EITI) said Myanmar needs more transparency and policy reform. In an October 16 report, EITI praised the government for “meaningful progress” in data reporting and
17 Killed, 1 Missing in Landslide in Hpakant Jade Mining Area

Hpakant jade mine landslide casualty

A landslide at a jade mine in Myanmar’s Hpakant, Kachin State, has left at least 14 people dead, according to a Reuters report. The article said that the landslide occurred in the early hours of 28th July in Hpakant. This is an area that is rich in