Chinese traders prefer Hpakant over Mandalay gems market

Buyers from China have found it much easier to do business in the mines of Hpakant than in Mandalay’s Maha Aung Myay Gems Trading Centre, the city’s largest emporium which features more than 1000 shops, especially if they want to buy raw or uncut jades. “I have ...

Coal miners owe the Indonesian government hundreds of millions of dollars

Indonesia is now one of the world’s largest exporters of coal, an industry that contributes around four percent of the country’s gross domestic product mostly through exports to China and India. Despite its massive size, however, observers are concerned that the sector’s actual contribution to ...

Mines rules to be submitted for govt review this month

The new Myanmar Mining Law could soon have regulatory teeth that support the implementation of the law and establish a state and Union power division in the licensing process, The Myanmar Times has learned. The Mines Rules, which will essentially provide the fine print details ...

FYI Resources : MoU for potential potash production in Laos

Board of Directors of Perth-based FYI Resources’ are pleased to announce the signing of a Memorandum of Understanding (MoU) with the Yuntianhua Group, headquartered in Yunnan China, for a potash project collaboration and potential resource development and production opportunities in Laos. Keep reading ...

Quarry incident raises alarm for work safety

When rescue workers retrieved the last body from a collapsed quarry in Yen Lam District, Thanh Hoa Province on 23 January, it raised the total number of work-related deaths in the central province to 20 since the beginning of 2016. The quarry collapse itself led ...

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