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 […]

Overseas demand for locally-produced coffee expected to rise in 2018

Prospects are looking good for the Myanmar coffee industry, with coffee prices kicking off the New Year on a high level and domestic market conditions looking rather positive, coffee plantation workers said. The market price for ripe coffee cherries harvested in December is now K800-K900 per viss (1.6kg), which is at the higher end of […]

6 Chinese arrested in China for scam at Myanmar border casino

Six people have been arrested for allegedly organizing people from China to gamble in Myanmar and illegally imprisoning them to force them to pay gaming debts, Shanghai police said yesterday. The gamblers, at least five of whom have been identified so far, were illegally transported into Myanmar from Yunnan Province. Set up so they would […]

China’s latest Myanmar megaproject courts controversy

Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]

Inside myanmar’s incendiary and illegal charcoal trade

A year-long investigation into the multi-million-dollar charcoal market and how it moves from the villages of Myanmar into Chinese smelters. A trader turns off his truck’s engine at yet another checkpoint and, again, the soldiers ask him for cash. His truck is filled with charcoal from Myanmar, destined for factories in China’s mountainous southwest province […]

Burning down the house: Myanmar’s destructive charcoal trade

A nearly year-long investigation by Mongabay led to a multi-part reporting project into the illegal production and trade of charcoal in Myanmar. One route for charcoal sales from Myanmar to China documented by Mongabay could generate as much as $10 million a year in payoffs alone to Burmese government officials. The cheap energy source is […]

Making Myanmar an energy powerhouse

Myanmar’s national electrification process is still on hold one year after the new administration took office. The replacement of the Minister of Energy in early August showed the priority given to energy, but the government still has much to do. Myanmar will have to decide on how to solve its chronic power shortage. There are […]

US has opportunity to solve Myanmar’s energy dilemma

Unable to meet soaring domestic demand for energy, Myanmar’s government is said to have entered preliminary discussions over a deal to buy electricity from China. At the beginning of this month, sources close to the talks told Reuters that three state-owned Chinese companies had submitted proposals outlining how they could help Myanmar fill its widening […]

The ‘Belt and Road’ Projects China Doesn’t Want Anyone Talking About

Kunming, Yunnan’s provincial capital, occupies a key place in China’s economic diplomacy efforts as the terminus of oil and gas pipelines from the Bay of Bengal and the starting point of a planned railway network winding through Indo-China to Singapore. But the provincial authorities have obscured the location of a brand new, 29.2 billion yuan […]

Traders seek to recoup losses on K5 billion in seized rice

About 50 rice traders from Mandalay Region and Katha, Banmauk, Htigyaing and Kawlin townships in Sagaing Region said their partner’s detention for the past two months has hurt their business. Their meeting at the Banmauk rice traders association office on Wednesday was attended by National League for Democracy MPs from Banmauk. U Aung Thein, who […]