fbpx

Over 190 mining sites will expire in March as environmental plans drawn up

YANGON-Licences for over 190 mining sites in Lonekhin, Hpakant, Mohnyin, Mogok, Hkamti, Mongshu and Nantyarseik townships are set to expire in March, according to the Ministry of Resources and Environmental Conservation. A total 192 licences granted between 2010 and 2015 will expire for sites in Mongshu, Mogok, Lonekhin, Hpakant, Mohnyin and Nantyarseik townships. Those licences […]

Jade sales fetch nearly $300 million

Myanmar earned over US$290 million (389.8 billion kyat) from jade exports up to the first week of this month in 2017-2018 fiscal year. Sales were down by over $210 million compared to the same period of last FY, according to the Ministry of Commerce. Last year’s sales for the period were $404, compared to $291 […]

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 […]

Jade exports earnings plummet since last year

In the first four months of this fiscal year, jade export earnings reached US$24.8 million, down $85 million since the same period last year, according to an official from the commerce ministry. “In the same period last year, export earnings from jade amounted to $109.8 million,” the official said. “Revenues generated at the emporium held […]

Licenses for over 300 mining blocks in Lonekhin, Hpakant to expire in September

A total of 321 mining blocks in Lonekhin, Hpakant will expire next month, it is learnt from an announcement released by Myanmar Gems Enterprise under the Ministry of Mines. The blocks in Lonekhin, Hpakant were granted a work permit for five to seven years whereas 83 blocks in Kannee were permitted starting in 2011. Similarly, […]

Govt to limit jade mining under new laws and restrictions

NEW laws will soon be enacted to restrict jade production within the Lonekhin and Hpakant mining blocks in Kachin State, said Union Minister for Natural Resources and Environmental Conservation U Ohn Win at a session of the Amyotha Hluttaw yesterday. No more jade mining blocks will be allowed, and restrictions will be set on the […]