Myanmar authorities stop 17 illegal gold mines along Ayeyarwady River

U Kyaw Myint Than, director of the Directorate of Water Resources and Improvement of River System said the illegal gold mines were discovered in Thabeikkyin township during an inspection on the area on Monday. The general administration department, police force and the officials from the Ministry ...

Kyaw Ko Ko

Gold mining operation kicks off in Xaysomboun

A feasibility study of exploration and processing at a 234.6 square kilometre gold mining site at Naty village area in Longchaeng district, Xaysomboun province, has begun after the government gave the green light. The project is a partnership between the Jo Bounmy Mining Development Co., Ltd. ...

Illegal gold mining pollutes Đắkrông River

Although the Thừa Thiên-Huế Province People’s Committee announced it had cracked down on illegal gold mining along the upper part of the Đắkrông River in A Lưới District, the river water is still polluted, affecting people living downstream. Lao động (Labour) newspaper on Wednesday reported that gold ...

Mining exploration set for region home to endangered river dolphins

Australian mining firm Medusa Mining has announced plans to begin exploration for gold, copper and oil in Kratie province’s Prek Kampi commune, about 35 kilometres west of a stretch of the Mekong River that is home to endangered river dolphins.Keep reading ...

Robin Spiess & Brendan O’Byrne

Ministry warns gold mining companies to pay outstanding debt

There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to the government, U Phone Myint, deputy director from No. 2 Mining Enterprise under the Ministry of Natural Resources and Environmental Conservation, told The Myanmar Times. A total ...

Tax exemptions on diamonds, emeralds and gold approved

The Pyidaungsu Hluttaw agreed on Tuesday to stop levying special commodity tax on diamonds and emeralds, as well as commercial tax on gold nuggets. “As those items should be exempted from taxes, Hluttaw agreed to it.” Public Account Joint Committee Member and Kayin State, Hlaing Bwe ...

Cold-water fish a gold mine

Hoang Van Ta, 53, was the first person to farm salmon in his commune in the mountainous province of Lang Son in 2007. Now he earns as much as VND4-5 billion (US$180,000-$220,000) a year from salmon. Mau Son Commune, Loc Binh District is located about 170km ...

Gold orders drop due to purchase tax

Since the government started to collect tax on gold purchases on April 1, orders at workshops and goldsmiths have dropped. Goldsmith Ko Naung Naung from Chan Mya Tharsi township, Mandalay Region, said the downward trend was worrying because in the past, jewellers would make orders ...

Over 4000 lots of jade sold via open tender

A total of 4454 lots of raw gems and uncut jade are up for bid at the Mani Yadana Jade Hall in Nay Pyi Taw this week. The raw gemstones and jades are being sold via an open tender system from March 19 until March ...

Over 5 visses of gold panned at Mahamuni Pagoda

More than five visses (one viss equals 3.6 pounds) of gold have so far been recovered in the annual gold leaves debris panning process at Mahamuni Pagoda in Mandalay, said U Aung Moe, convener of charity at the pagoda. “Gold leaves debris panning started on February ...

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