Myanmar’s Mining Reforms Stall, Hindering Foreign Investment

A new mining law that would clarify rules and ease restrictions for foreign investors looking to tap into the lucrative sector remains frozen in Myanmar’s legislature, said an official from the country’s Ministry of Mines. The law, which was proposed more than two years ago, is still being debated by Myanmar’s parliament said Win Htein, […]

China Wanbao – building trust

Through a combination of land compensation and corporate social responsibility activities, the operator of one of China’s largest investments in Myanmar hopes to recommence operations after a year’s delays and wrangling. Dong Yunfei, a manager at the Yangon branch of Wanbao Mining, the Chinese State-owned company that operates the Letpadaung copper mine, wrote in an […]

Sweeping changes to Myanmar mining laws planned

Myanmar’s 1994 mining law is set for a major overhaul that could transform as much as 70% of current legislation, government officials from the Asian nation said on Sunday. Mostly undeveloped, Myanmar also known as Burma is home to vast reserves of oil and gas and minerals and metals, including gold, tungsten, copper, nickel, tin, […]