Myanmar Metals’ shares fly on Bawdwin progression

Resource explorer Myanmar Metals (MYL) maintains it’s in a strong financial position in the face of the global COVID-19 pandemic MYL holds substantial cash reserves and has no debts owing — meaning the company can still progress its Bawdwin project with minimal disruption MYL is in the process of attaining a 50-year mining lease, pending […]

Myanmar Metals (ASX: MYL) Bawdwin Project could go underground

Myanmar Metals (MYL), with its partners in the Bawdwin Joint Venture, has announced the expansion study has been completed at the Bawdwin Project. The Bawdwin Project will be delivered in phases to optimise the mine’s operating performance and minimise capital and operating costs. Mining consultant Cube has undertaken an assessment on the merits of underground […]

Early cash flows for Myanmar at Bawdwin base metal play

ASX listed base metals developer Myanmar Metals has completed an interim scoping study for a 13-year “starter” open pit mining operation on the China Lode at its Bawdwin base metals project in central Myanmar. The study effectively captures a large proportion of the company’s existing indicated mineral resources at Bawdwin and using a cut-off grade […]

Systematic exploration underway at Bawdwin for Myanmar

ASX listed base metals developer Myanmar Metals is shifting gear in Myanmar as the company kicks off a major regional exploration program ahead of its highly anticipated drilling campaign due to commence later this year. The ASX listed multi-mineral developer is undertaking a comprehensive site-wide exploration program across its highly prospective Bawdwin lead/zinc/copper and silver […]

Myanmar Bawdwin lease dripping with base metals targets

A detailed review of Myanmar Metals’ historic Bawdwin zinc-lead-copper mine in Myanmar has discovered a treasure chest of high-grade exploration targets. The Perth-based explorer, backed by the revered Mark Creasy, last July snapped up an option over 85% of the historic Bawdwin mine, about 160 kms from China on the highway from Mandalay to Yunnan. […]

Mitsubishi to sell brand new cars in installment

Mitsubishi will offer one to five year installment plan for Mandalay residents to purchase its 2016 brand new cars through a link with Yoma Bank, said Ko Soe Htut Aung, marketing executive from Mitsubishi Motors Cars Myanmar Limited. Mitsubishi Car showroom was opened in Mandalay in the second week of November to introduce its brand […]

Metro Mining Ltd to acquire Mahar San Copper/VMS Project in Myanmar

Metro Mining Ltd’s (ASX:MMI) main focus remains its bauxite assets, with the company now adding some additional exploration interests. Metro has entered into an agreement to acquire an 80% stake in the Mahar San Copper/VMS Project in Myanmar. The project is highly prospective for copper, gold and base metal mineralization in Volcanic Massive Sulphide (VMS) […]