Mine Naung, in Mohnyin district of Myanmar’s Kachin state, is home to hundreds of gold mines. Residents of the small village say they are at odds over the industry that can uncover vast wealth ...
Myanmar& 39;s New Gold Mine is Dinosaur Amber July 11, 2018 by Thiha On the discovery of the "Amber hunter" for the discovery of the Jurassic Park-style of the Dinosaurs, through the rocks of precious resin in Myanmar – an attractive business that attracts the paleontologists but in the far north the struggle for decades also fueled.
SSR Mining completed the acquisition of Marigold on April 4, 2014 and published an updated technical report in July 2018. In production since 1989, Marigold is a large run-of-mine heap leach operation with several open pits, waste rock stockpiles, leach pads, a carbon absorption facility, and a carbon processing and gold refining facility.
Industrial gold mining in the hills of Mong Len in eastern Shan State has caused much concern and resistance by nearby residents. The area of Loi Kham, meaning “Golden Hills” in Shan, has been known since long for its valuable deposits.
The Myanmar Times Gold mining companies still owe govt Small gold mining companies still owe more than 1200 ticals19.6 kilogrammesof gold to the government, Mandalay Region Auditor General Daw Khin Aye Swe told the Mandalay Region Hluttaw.
Wednesday, 09 December 2009 Mining for gold at the predicted flood zones of the Myitsone dam project in Irrawaddy River in Burma’s northern Kachin State, has been given the go ahead by the military junta, said local sources close to gold mining firms. There are 22 working gold mines in Myanmar, according to the mine department.
According to Myanmar’s first EITI report, extractives contribute 6% to GDP, 24% of government revenues and 38% of expo However,rts. the mining sector represents only 15% of total government extractives revenues. Of this 15%, jade and gems producers account for 88% of the mining revenue streamsee Table 5: Myanmar Extractives Revenue .
Resource extraction in Myanmar’s conflict zones has fueled ongoing abuses of local communities as well as environmental degradation. Several coal mines in the Nam Ma area in Hsipaw township, Northern Shan State have caused severe concerns over livelihood loss, health impacts and violent attacks against locals, informs a report published in 2017 by the Nam Ma Shan Farmers1 .