Chinese firm aims to start production at flashpoint Myanmar mine

The Chinese firm behind a controversial Myanmar copper mine on Thursday said it plans to start operations in May, a move expected to pose an early challenge to a new government led by Aung San Suu Kyi. YANGON: The Chinese firm behind a controversial Myanmar copper mine on Thursday (Feb 18) said it plans to […]

Letpudaung Mine protest turns deadly

Opposition party leader Aung San Suu Kyi on Wednesday said failure by authorities to implement the recommendations of a commission that reviewed a controversial copper mine project in northwestern Myanmar had led to a deadly clash at the site earlier this week between protesters and police. A local official on Wednesday also announced a formal […]

Fear of Pagoda Damage Draws Protests at Letpadaung Mine

Yangon — At least 150 rights activists and local residents are urging authorities in northwest Burma to allow them to visit a historic Buddhist pagoda that was allegedly damaged by a blast at the Letpadaung copper mine project last week. Amid rumors that the pagoda was damaged in a blast last Thursday, protests have been […]

China Wanbao to double investment on copper mine

Despite an amended agreement allocating the company a lower percentage of mining profits, Wanbao’s general manager in Myanmar Geng Yi said that the Chinese firm will double its investment on the project to a sum of up to US$997 million. “We have invested $600 million to date,” he said, “and we will up to $997 […]

China’s troubled copper mine back on track

Geng Yi, the managing director of the Letpadaung Copper Mine, is cautiously optimistic that one of China’s largest investments in Myanmar will “soon be back on track”. Months of protests by local farmers and activists had brought operations to a halt. The project, a joint venture between China’s Wanbao Mining and its Myanmar partner, Union […]