Licences for over 300 jewellery mining blocks to expire this month

Licences for some 300 jewellery mining blocks in Mogok in Mandalay Region; Lonekhin, Hpakant, Mohnyin and Nantyaseik in Kachin State; and Mongshu in Shan State, will expire this month, according to an announcement made by the Ministry of Natural Resources and Environmental Conservation.

The ministry had earlier announced that no licences would be extended or renewed for mining operations. New licences to mine gemstones will be granted until the by-laws of the Myanmar Gemstones Law are approved.

Former mining blocks will be designated as vacant land. These mining blocks are located in Khamti in Sagaing Region; Mongshu in Shan State; Mogok in Mandalay Region and Lonekhin, Mohnyin, Nantyaseik and Hpakant in Kachin State.

The ministry has also announced an Environmental Management Plan (EMP) for used mining blocks, which will cover all mining sites, approximately 15,000, across the country. The Union and state governments are to develop a power-sharing arrangement for land acquisition.

Currently, an EMP for mining sites in Lonekhin and Hpakant has been developed.
Licences of 160 mining blocks for precious minerals and metals expired in December, while 140 expired in November and 170 in October.

Licences for more than 300 mining blocks that extract precious minerals and metals expired in September. More than 2,500 jewellery mining blocks also shut down their operations due to the expiry of their licences in August.

Also, mining licences for approximately 2,210 precious minerals and metals expired between 1 April and 31July.

Source : Global New Light of Myanmar

To see the original article click link here

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc.

.

Looking for foreign investors to invest in your business in Myanmar