Extractive industries
Gov’t: public should be consulted on coal power
The government is currently streamlining its policy for the power sector to ensure the country’s energy security and coal can be one of the options, according to Daw Mi Mi Khaing, director general of Department of Electric Power Planning under the Ministry of Electricity and ...
Asia and the fall of coal
The sudden shift, years ahead of schedule, from coal toward renewables is remaking Asia’s energy economy – with repercussions to be felt across the world. The present – and future – does not look good for what, only a few years ago, seemed like a ...
New facility worries activists
Activists say a new sand-processing facility is under construction in Koh Kong’s Tatai Wildlife Sanctuary, in the vicinity of the area where two companies were granted permission to conduct environmental impact assessments (EIAs) for sand-dredging projects, documents show, despite a standing government ban on sand ...
Law on Minerals under revision
The government is revising the Law on Mining in the hope that its amendment will support sustainable development of valuable natural resources and bring the highest benefits to the nation.A workshop to learn and consult the proposed changes took place in Vientiane on Monday, which ...
PV Power wants strategic investors to buy shares
PetroVietnam Power Corporation (PV Power), a subsidiary of state-owned energy giant PetroVietnam, will sell 49 per cent of its stake later this year, with priority given to strategic investors.The corporation is going ahead with the equitisation process, and its initial public offering (IPO) is planned ...
Land compensation issue remains unresolved
Although a verbal promise had been made for compensation to be paid for lands which were seized from a subsidiary of a Chinese firm Wanbao Mining, Myanmar Yang Tse is still operating the Sabetaung and Kyisintaung mines beside Letpadaung.The lands have been seized twice, between ...
New plan to boost community involvement in mining concessions
The government intends to draw up a new master plan on the mining industry in which regulations on ore processing and community participation will be tightened, according to a national policy committee.However, it remains uncertain if Akara Resources, formerly the largest gold mine operator in ...
The most neglected threat to public health in China is toxic soil
Tang Donghua, a wiry 47-year-old farmer wearing a Greenpeace T-shirt, smokes a cigarette and gesticulates towards his paddy fields in the hills of southern Hunan province. The leaves of his rice plants poke about a foot above water. Mr Tang says he expects to harvest ...
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 ...
Hòa Phát to issue over 250 million shares
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 ...