Canadian mining company Ivanhoe faces lawsuit in Myanmar

Justice Trust and the Myanmar Lawyers Network will file a lawsuit against Ivanhoe Mines, the Canadian mining company that launched the controversial Latpadaungtaung Copper Mine. “The Canadian company broke the law and it did not meet international standards when it was running the project,” said Thein Than Oo of the Myanmar Lawyers Network. “The company […]

China Wanbao to double investment on copper mine

Despite an amended agreement allocating the company a lower percentage of mining profits, Wanbao’s general manager in Myanmar Geng Yi said that the Chinese firm will double its investment on the project to a sum of up to US$997 million. “We have invested $600 million to date,” he said, “and we will up to $997 […]

China’s troubled copper mine back on track

Geng Yi, the managing director of the Letpadaung Copper Mine, is cautiously optimistic that one of China’s largest investments in Myanmar will “soon be back on track”. Months of protests by local farmers and activists had brought operations to a halt. The project, a joint venture between China’s Wanbao Mining and its Myanmar partner, Union […]