“If the law is compared to other countries’ mining laws such as Mongolia or Peru, with whom Myanmar is competing to attract investment, the weaknesses are evident,” Bowman added. https://t.co/idkKLoHKHA
Demand for liquefied natural gas in China, Japan and South Korea is so strong that Norway’s Statoil ASA, which usually exports most of its LNG to Europe, is shipping a rare cargo east. It plans to send more https://t.co/UwT7NHZgLK
Far from entering the death throes predicted by some environmentalists and analysts, thermal coal miners are enjoying their best returns in years as strong Asian demand and tight supplies send prices soaring. https://t.co/scrFw2z4af
#Is Burmese ruby the new blood diamond?#
Myanmar produces some of the finest rubies, sapphire and jade; However, mining industry fuels country's ‘controversial’ military, raising concerns about ethical value of its gemstones https://t.co/OZBuRlH5JH