Than Bayar Khon village sits nested in the foothills of the Bago Yoma forest in central Myanmar. The low mountains, once heavily forested with teak and valuable tropical timbers, are now rapidly balding. Despite being only a few kilometres from the major highway connecting the port city of Yangon with the capital Naypyidaw, the three […]
Chinese firm aims to start production at flashpoint Myanmar mine
The Chinese firm behind a controversial Myanmar copper mine on Thursday said it plans to start operations in May, a move expected to pose an early challenge to a new government led by Aung San Suu Kyi. YANGON: The Chinese firm behind a controversial Myanmar copper mine on Thursday (Feb 18) said it plans to […]
Letpudaung Mine protest turns deadly
Opposition party leader Aung San Suu Kyi on Wednesday said failure by authorities to implement the recommendations of a commission that reviewed a controversial copper mine project in northwestern Myanmar had led to a deadly clash at the site earlier this week between protesters and police. A local official on Wednesday also announced a formal […]
China Wanbao to double investment on copper mine
Despite an amended agreement allocating the company a lower percentage of mining profits, Wanbao’s general manager in Myanmar Geng Yi said that the Chinese firm will double its investment on the project to a sum of up to US$997 million. “We have invested $600 million to date,” he said, “and we will up to $997 […]