Ministry warns gold mining companies to pay outstanding debt
There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to the government, U Phone Myint, deputy director from No. 2 Mining Enterprise under the Ministry of Natural Resources and Environmental Conservation, told The Myanmar Times. A total of 144 viss and 82 ticals (or kyattha) of gold debts to be paid by over 100 companies to the government, which are working on a production sharing basis with the ministry, he said.
