Mining

Stretching from the Himalayas in the north to the Andaman Sea in the south, Myanmar’s diverse terrain offers a wealth of untapped mineral resources. Following the easing of international sanctions and major legal reforms, the authorities now have the opportunity to rehabilitate some of the mines that were neglected during the socialist period. Despite the risks, grey areas and bottlenecks, Myanmar’s mining sector holds significant investment potential. Given growing global demand for base metals, Myanmar has the chance to build on recent momentum in tin, tungsten and associated metal exploration. An uptick in surveying for these minerals could help to instigate broader economic growth and social development, provided the projects adopt best international practices and avoid the environmental mistakes of previous mining operations. This chapter contains an interview with U La Min Win, Managing Director, Valentis Services.