New mining permits to be be approved soon: ministry

Myanmar will approve the applications of up to 158 new medium and large-scale exploration and extraction mining permits, said U Thein Soe, Deputy Permanent Secretary of the Ministry of Natural Resources and Environmental Conservation (MONREC). The ministry has received more than 3000 applications to conduct activities at the new mining blocks since July 2018 and […]

Mining to resume at suspended jade blocks

Jade mining at private blocks in Lonekhin and Hpakant, Kachin State, which had been temporarily suspended since July, have been permitted to resume this month, according to Myanmar Gems Enterprise, which is under the Ministry of Natural Resources and Environmental Conservation. The suspension was ordered during the rainy season between July and September. While mining […]

Myanmar Government reveals economic policy goals

The government has presented its long-awaited economic policy in which it aims to develop a market-oriented system “in all sectors” and establish an economic framework in support of national reconciliation. A 12-point document released today, seen by The Myanmar Times, puts national reconciliation as the top priority, based on a “just balancing of sustainable resource […]