News
Rights groups welcome order to shut Thailand gold mine
Human rights groups on December 14 welcomed a decision by Thailand to close the country’s only active gold mine by the end of the year as the mine’s operator said it had laid off the employees. Thailand’s ruling junta on December 13 said it is suspending all ...
Will coal shares bounce back?
The strong increase in coal prices has rekindled hopes for Vietnam’s miners and securities investors after a period of disappointment. After eight years of decline, the coal price began recovering in early 2016. Analysts commented that the coal price has been witnessing the strongest recovery compared ...
Ministry promotes quartz industry
The Industry Ministry is pushing for the development of quartz mining, as this mineral is an important raw material for the production of solar panels. According to the ministry’s Department of Primary Industries and Mines, the Kingdom has reserves of 25 million tonnes of high-quality ...
Emerald hopes to draw first gold by end of 2018
Australian mining firm Emerald Resources expects to complete a definitive feasibility study for its Okvau gold project in Mondulkiri province by early next year, with gold production to commence by the end of 2018, according to an investor presentation released on November 2.Keep reading ...
Gems traders in Mandalay to protest decline in jade market
Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for ...
Residents fear restart of coal power plant
A coal-fired power plant in southern Shan State that was shut down two years ago due to residents’ complaints may be reopening, despite the opposition of the local community, villagers say. They are already accusing local officials of breaking their promises. Test operations at the plant, ...
Safety at coal mines comes under scrutiny
Up to 15 serious labour safety violations at coal mines in northern Quang Ninh Province were reported in the first nine months of this year, leaving 18 people dead and injuring dozens more, Lao Dong newspaper reported. In August alone, there were five incidents, leaving six ...
Formosa Plastics taps India, Southeast Asia for growth
Taiwan’s Formosa Plastics, the island’s largest maker of key plastic materials, on Tuesday said it wanted to aggressively expand in India, Southeast Asia, Middle East, and Africa to lower its dependence on China, which has been mired in a prolonged supply glut. “We are aiming to ...
US gems association eyes trade ties as sanctions end
The American Gem Trade Association arrived in Myanmar for the first time this week to assess the gems sector and build trade relationships ahead of an anticipated end to the US sanctions regime, which would allow the legal import of Myanmar rubies and jade. The association’s ...
Thermal power plants increasing on Hau River
Why are coal-run thermopower plants located on the Hau River? Why do the plants all use Chinese technology? Will there be another Formosa on the Hau River? These are questions raised by environmental experts about the appearance of many coal power plants believed to threaten the ...
