Shut down of Moehti Moemi gold mine helps no one: company

The government’s suspension of the Moehti Moemi gold mining concession had affected the lives of 5000 company workers, and had cost the government between 26.6 kilograms and 53.2kg of gold in lost monthly revenue, U Soe Tun Shein, chairman of National Prosperity Co Ltd, which operated the concession, said at a press conference last Friday. […]

Workers protest to lift ban on blocked gold mine

Workers have started a weeklong protest to regain mining rights for Moehti Moemi gold mine in Yamethin district of Mandalay, which had its permit blocked by the government, said an official of the National Prosperity Company on Wednesday. Around 500 protesters began the protest on Sunday and will continue until Saturday to push for their […]