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Australian Mining Company Sells Stake in Myanmar Project

Australian Mining Company Sells Stake in Myanmar Project
irrawaddy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irrawaddy.com Daily Mail and Mail on Sunday newspapers.

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Myanmar Junta to Sell Metal Worth US$51 Million

Myanmar Junta to Sell Metal Worth US$51 Million
irrawaddy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irrawaddy.com Daily Mail and Mail on Sunday newspapers.

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Myanmar: Australian mining companies put profit ahead of human rights and democracy

A Tatmadaw goodwill delegation led by Senior General (now coup leader) Min Aung Hlaing visits Adani Ports and Logistics in India in 2019. Photo: Min Aung Hlaing s website
As protests grow against the February 1 military coup in Myanmar/Burma, the country’s military elites try to protect their ill-gotten gains, and Australian mining companies carry on as if nothing happened.
Myanmar military’s economic interests
Since 1988, when the Tatmadaw (the official name of the Myanmar armed forces) brutally cracked down on student protests, and Aung San Suu Kyi returned from Britain, they have been setting up companies to serve the interests of current and former soldiers. ....

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Residents Refuse to Move for Australia-Myanmar Joint Venture Mine

Residents Refuse to Move for Australia-Myanmar Joint Venture Mine
The Bawdwin mine in 2015. / The Irrawaddy
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By Nan Lwin Hnin Pwint 27 January 2021
Yangon Residents living near the Bawdwin mine which was once one of the globe’s largest sources of lead and an important source of silver and zinc have refused to move to make way for more mining.
The Bawdwin Joint Venture (BJV) Co Ltd is planning to resume operations at Bawdin, about 22 km from Namtu in northern Shan State.
The joint venture includes two domestic companies – EAP Global Mining Co Ltd and Win Myint Mo Industries Co Ltd which have a 24.5 percent of stake each – and Australia’s Myanmar Metals Limited with a 51 percent stake. ....

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