Government settles gold debts by private miners

The outstanding gold debt owed by private gold mining firms to the government as at September 30, 2017 is 14,121.32 ticals, U Ohn Win, Union Minister for National Resources and Environmental Conservation reported at the Pyithu Hluttaw held on October 19. In Myanmar, 1 tical is equivalent to 16.34 grams. Those debts are to be […]

Villagers retake land from gold mining company

About 300 local people and their supporters took back their land from Myanmar Sithu Gold Mining Company at Yayhtwet village, Chaunggyi village-tracts, Thapeikyin Township, Pyinoolwin district, Mandalay Region on 3 January. They were supported by people from Patheingyi, Madaya and Singu townships. They said that they had to retake their land after gold mining companies […]