Extractive industries
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 ...
Yangon buses in a feud for gas
A row has flared between Yangon bus owners and the regional transport authority over access to compressed natural gas. Ma Hta Tha, the Yangon Region Supervisory Committee for Motor Vehicles, says it is inviting buses to sign up to receive more CNG, but some owners ...
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 ...
Up to 30 feared dead in two Hpakant landslips
Deadly landslips have brought more death to Kachin State as two separate collapses in one day at the Hpakant jade mines claimed an unknown number of victims. Local residents fear as many as 30 people may have lost their lives. The first of the two landslides ...
Ministry of Home Affairs strikes up jade probe
A jade probe led by the government following several deadly accidents at mines in Kachin State has expanded its scope and is now being overseen by the Ministry of Home Affairs. The special investigative team, which was previously under the Ministry of the Environment, is looking into ...
PVN encouraged to expand gas, oil exploration activities
Vietnam’s Deputy Prime Minister Hoang Trung Hai requested the National Oil and Gas Group (PVN) to continue to search for new sites, and produce more oil and gas in 2016. He described these activities as a key task for the sector in 2016. Speaking at a conference ...
NLD lawmaker: ‘They are now operating the jade mines around the clock’
During the 8 November elections, Khin Maung Myint, 65, won an upper house parliament seat for the National League for Democracy in Kachin State’s Hpakant District, an area that has long been famous for its jade mines. The newly elected MP spoke with Myanmar Now ...
Illegal mining halted on Chinese ELC in Preah Vihear
Preah Vihear provincial authorities cracked down last week on an illegal gold mining operation occurring inside a land concession belonging to a Chinese company in Rovieng district. Unauthorised mining is common both inside and outside the 2008 concession to Cambodia WS Mining Industry Holding Ltd, known ...
Another jade mine disaster hits Hpakant
Another deadly landslide struck the jade mines in Kachin State on 14 December. At least one death has been confirmed, while up to 20 others are feared dead in the slag-heap collapse. The latest spill occurred near Lamaungkone village in Hpakant township, according to locals. Freelance, itinerate ...
Oil won't affect 2015 budget
Do Hoang Anh Tuan, deputy minister of finance, said reduction in the world crude price to US$36 per barrel in future transactions would not affect budget revenue this year. The budget revenue this year has exceeded the target to reach between VND65 trillion and VND66 trillion ...
