THE MINING EXECUTIVE MAGAZINE JANUARY/FEBRUARY 2020 EDITION
The Mining Executive Magazine is a premium, daily dose of executive centred news and discussion platform spanning across major resources industry sectors. The Magazine monitors and distil executives’ pulse in order to create a 21st-century Industry 4.0 adaptive knowledge ecosystem for the sustainability of future generations within mining, oil and gas fields. With thousands of executives on our radar, we are truly a global executive leader hence are viewed as the authoritative voice of reason. We dig deep into what happens behind closed boardroom doors and unearth critical signals and directions affecting the sustainability of our beloved industry. Our content comes from Technical journalists, Mining Executives, Subject Matter Experts, Academics, Analysts and seasoned professionals and, is regulated by a dedicated team of Editors and Journalist having deep technical and practical field experience to ensure accuracy and factual reporting across Australia, Asia/Pacific/ Europe/ Africa/Middle East, North America and South America. Website: www.theminingexecutive.com Email: info@theminingexecutive.com
The Mining Executive Magazine is a premium, daily dose of executive centred news and discussion platform spanning across major resources industry sectors. The Magazine monitors and distil executives’ pulse in order to create a 21st-century Industry 4.0 adaptive knowledge ecosystem for the sustainability of future generations within mining, oil and gas fields. With thousands of executives on our radar, we are truly a global executive leader hence are viewed as the authoritative voice of reason. We dig deep into what happens behind closed boardroom doors and unearth critical signals and directions affecting the sustainability of our beloved industry. Our content comes from Technical journalists, Mining Executives, Subject Matter Experts, Academics, Analysts and seasoned professionals and, is regulated by a dedicated team of Editors and Journalist having deep technical and practical field experience to ensure accuracy and factual reporting across Australia, Asia/Pacific/ Europe/ Africa/Middle East, North America and South America.
Website: www.theminingexecutive.com
Email: info@theminingexecutive.com
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MINING EXECUTIVE
Magazine FEBRUARY 2020
Myanmar though having a tainted past due to political
uncertainty has of late opened up and started attracting
significant international investment. Democratic elections
held in 2015 complimented by the lifting of the US sanctions in 2016
have opened investment streams that were once perceived unlikely to
find their way into the country. The government has made strong
private sector growth a key principle and goal for economic policy,
though challenges still remain in abundance. Access to major
financing has been a major challenge for local investor as only about
1% of fixed-asset investment costs are financed by bank borrowing,
while 92% of firms rely on their own funds. The country has been
plagued by malpractices with non-transparent, uncertain and,
complicated rules and procedures for obtaining, keeping and
transferring land-use rights. Most firms face power outages, the worst
level in the region. As a result, firms are forced to rely on their own
power generators for electricity.
Towering above these challenges is one mining company that is
revamping and re-digging the old wells of Myanmar's rich silver and
lead heritage. The Bawdwin Joint Venture (BJV) intends to redevelop
the world class Bawdwin Mineral Field, held under a Production
Sharing Agreement (PSA) between WMM and Mining Enterprise No.
1, a Myanmar Government business entity within the Ministry of
Natural Resources and Environmental Conservation. With an orebody
that is distinguished by the size and grade of its resources and
remaining open at depth and along-strike, the John Lamb led Tier 1
Myanmar Metals-Bawdwin project is one investment stream that is set
to be an iconic project in modern Myanmar times, well on course to
being the 3rd largest producing lead mine and 10th largest silver mine
in the world. The company holds a majority 51% participating interest
in the Bawdwin Project in joint venture with its two local project
partners, Win Myint Mo Industries Co. Ltd. (WMM) and EAP Global
Co. Ltd. (EAP
Bawdwin Joint Venture Open Pit Design (Credit: Myanmar Metals)
Everything about the Myanmar Metals project from the grades, size in strike and depth, rich cultural heritage, long life, low operating costs, ability to
mine both open pit and underground, to ready markets across the border in China, is what its competitors can only dream about. The company seeks
to develop the operation on an accelerated schedule. Located in the Shan State of Myanmar, Bawdwin project is strategically positioned to access to
some of the world's largest markets in form of smelters in China.
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