Mining Enterprise invites to submit the tender quotation for sale of Metal Ores, Closing date: 16 November 2018.

Invitation for open tender No.2/2018 (1) Ministry of Natural Resources and Environmental Conservation, No. (1) Mining Enterprise Invites to submit the tender quotation sale open tender in the United State Dollars. (a) Cathode Copper (5000) M/T (15) Lot Group (1) (1)Lot 100 Tonnes each, 5 Lot  Monywa, Mine Site Group (2) (1)Lot 200 Tonnes each, […]

Electricity subsidy is wrong, Pun tells minister

Business leader Serge Pun weighed into the debate on the country’s energy tariff reforms at the Myanmar Global Investment Forum in Nay Pyi Taw on September 11, calling the electricity subsidy “wrong” and saying that the authorities are not pushing reforms due to “political sensitivity.” “I think it [subsidising electricity] has always been a wrong […]

Myanmar to resume timber extraction

Myanmar will produce 15,000 tons of teak in the timber extraction season this year, said Kyaw Kyaw Lwin, Deputy Director-General of Forest Department at the Ministry of Natural Resources and Environmental Conservation, at a round-table discussion on the State economy pertaining to the forest sector. “The ministry has been carrying out timber extraction from natural […]

Lack of Funding Fueling Corruption in Forestry Sector, Senior Official Says

More than 3,200 Forestry Department staff overseen by the Ministry of Natural Resources and Environmental Conservation have been subject to disciplinary action over the past seven years, department director U Khin Maung Win said, adding that the problem is largely a result of under-funding. They were disciplined for violations including bribery and corruption, negligence, misconduct, […]

Myanmar jade industry gathers dust despite China-led boom

NAYPYITAW — The jade mining industry in Myanmar, one of the world’s richest sources of the gem, is scrambling to meet rising Chinese demand, sometimes at the cost of human lives. Yet this booming trade has not translated into growth beyond the dangerous work of extraction. In fact, Myanmar’s jade processing industry has languished, mainly […]

Shut down of Moehti Moemi gold mine helps no one: company

The government’s suspension of the Moehti Moemi gold mining concession had affected the lives of 5000 company workers, and had cost the government between 26.6 kilograms and 53.2kg of gold in lost monthly revenue, U Soe Tun Shein, chairman of National Prosperity Co Ltd, which operated the concession, said at a press conference last Friday. […]

Big Holes Still Exist in Financial Reports of Extractive Companies

YANGON – Myanmar’s state-owned enterprises (SOEs) involved in the extractive industries still lack transparency and need to reform to meet international standards, according to the Multi Stakeholder Group (MSG) tasked with implementation of the Extractive Industries Transparency Initiative (EITI), on Thursday. Myanmar became a global EITI candidate in July 2014 but it has yet to […]

Government announces new MIC appointments, U Thaung Tun as new chair

The Union government on Saturday officially announced changes in the ranks of the Myanmar Investment Commission (MIC). According to notification (61/2018), U Thaung Tun, union minster of Ministry of the Office of the Union Government, formerly a member of the MIC, will now be the commission’s chair. Meanwhile, Dr Than Myint, Union Minister of Commerce, […]

Experts object to firms’ plans to mine sand in Tanintharyi Region

A local company plans to extract 5 million cubic metres of sand over five years in sensitive coastal areas in Tanintharyi Region without legally-required environmental assessments. Experts warn that the proposed sand mining will be highly damaging to a nearby pearl farm, biodiversity and fisheries and livelihoods of local communities. The issue highlights some of […]

Ministry of Natural Resources and Environmental Conservation, No.(2) Mining Enterprise, Invitation for Opening Tender, Closing Date: 12 July 2018.

1. No. (2) Mining Enterprise, Ministry of Natural Resources and Environmental Conservation invites to submit the tender quotation for the following materials. Sr. No. Materials Classifies Weight (MT) Location Tender Closing Date / Time Delivery Term 1 Wolfram Concentrate 2.762 Dawei, Tanintharyi Region 12.7.2018/ 2 : 00 PM   F.O.B (Dawei) 2 Tin & Wolfram […]