Minerals and mineral products

Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex. HPG will sell those shares at a price of VNĐ20,000 (US$0.8) per share, expecting ...

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 ...

Vietnamese steel manufacturers are importing more and more scrap steel for domestic production, as this is the easiest and most profitable way to make steel. According to Bui Van Muu from the Metallurgy and Material Technology Faculty of the Hanoi University of Technology, the steel production ...

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 ...

The riverbed is becoming wider, while houses on the two banks are about to fall into the river due to serious erosion. Illegal sand exploitation has spoiled the environment, caused landslides, changing the current, and threatening waterway transport. “In the past, Sai Gon River was full ...

President Donald Trump on April 20 launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs and sending shares of some U.S. steel makers up over 8 percent. Citing concerns about national security, Trump ...

A Minbu court judge maintained that he would decide on a case involving illegal coal miners objectively, just a 400 people demonstrated against the prosecutions of a mining company owner and his workers. The protestors on Tuesday claimed that the Magway regional government had been ...

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 ...

To ride the infrastructure boom, SteelAsia Manufacturing Corporation has offered to acquire the mothballed National Steel Corporation in Iligan city. SteelAsia is the largest reinforced steel bar maker in Southeast Asia, while NSC was once the largest steel mill in Asia until it failed to ...

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 ...