Myanmar risks falling into a China debt trap

To understand China’s top priority in Myanmar, forget Beijing’s involvement in the country’s sputtering peace process, or efforts to restart its backed but now suspended US$3.9 billion Myitsone hydroelectric dam, or even securing rights to extract copper at the locally resisted Letpadaung mine outside of Mandalay. Those are all subordinate interests to what China really […]

Myanmar Metals to revive forgotten lead-zinc treasure – the Baldwin Mine

Perth-based Myanmar Metals is working hard to create a new chapter in the life of one of the worlds most fabled lead-zinc mines, the Bawdwin deposit in northeast Myanmar, where drilling began this week. A 5,000-metre drilling program is now underway to boost confidence in an already impressive estimate for the potentially world class lead/zinc […]

How Did Myanmar’s Reforms Change Its Relations With China?

I first visited Myanmar (formerly known as Burma) in February 2013, two months after then-U.S. President Barack Obama’s landmark visit to that country. One thing that has been inscribed in my fond memories of the visit is that many street vendors in Yangon (formerly Rangoon) were hawking T-shirts with Obama’s headshot and a caption above […]

Invitation For Open Tender for Copper Cathode. Closing date 7 April 2017.

Subscribe to our tender alert mailing list Sale of (400 ±) Metric Tons of Cathode Copper in United States Dollar, Reserve Price : The price of Cathode Copper is not less than the Copper price of London Metal Exchange on one day ahead of tender opening date. Closing Date & Time : 7.4.2017 (16:30) Hours […]

Gov’t to Issue Permits to Small Timers to Control Illegal Mining

The government is considering granting permits to small time miners through township administration levels to curb illegal mining activities, according to the Ministry of Mines. The ministry intends to include the provision in a planned amendment current mining law, U Kyaw Thet, a director at the ministry, said, adding that necessary assessments will be conducted […]

EU to Start Investment Pact Talks With Burma This Week

HANOI — The European Union will launch negotiations this week for an investment pact with Burma, the EU’s top trade representative said on Monday, a deal aimed at giving European firms preferential access to one of Asia’s final frontier markets. Burma, an underdeveloped country closed off until 2012 to Western firms due to trade sanctions, […]