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· Three staff members of Ltd – two Chinese nationals and their Burmese driver – were seized and held hostage on Sunday evening by local residents in the village of Seté who are reported to be infuriated at the Chinese company for continuing to work on the nearby project at Latpadaung where lands have been confiscated from local farmers
These companies included Ltd., which operates the controversial Letpadaung and Sabae Taung mines, and Yang Tse Limited. To meet M-EITI transparency standards, companies must also disclose any owners who are public officials, which they call “publicly exposed persons”
Filed Under: Latest News Tagged With: corporate social responsibility, Dong Yunfei, Engineer, Land Compensation, Letpadaung Mine, Enterprise, , Sagaing Region, Third Compensation Offer, U Hla Tun, UMEHL, Union of Economic Holdings, , Zhuang Yongquan
Villagers organised a swelling protest at the end of last week after Company, which jointly operates the mine along with military-owned Union of Economic Holdings Ltd, said operations would resume on May 5. The project has long been mired in controversy, accused of environmental degradation and land grabs
On10th September 2010, Myanmar Wanbao Mining Copper Limited was registered. The registration of land and crops for the Project was completed in 2011 via La Na 39, which resulted in the issue of a 60-year land grant for the Copper Mine to MEHL by the Ministry of Home Affairs on 3 August 2012
The Monywa L Project is jointly developed by and its partners. A large porphyry with a high level of resource control, the has reserves of up to 5.24 million tons
· Additionally, five listed corporate owners without providing information on who their beneficial owners were: Imperial Jade, Ltd, Yang Tse Ltd, UNOCAL Offshore Company Ltd Yangon Brach and Nippon Oil Exploration Ltd Yangon Branch. The second and third companies listed
Limited MWMCL was founded in September 2011 by Wanbao Mining Limited, an international mining company headquartered in Beijing. is based in Letpadaung, in Sagaing Division, in the Republic of the Union of Myanmar
· On 26 th January 2020, Yang Tse Limited and Limited with partner Economic Holdings Public Company Limited MEHPCL held the annual donation ceremony to embrace the elderly community, as well as the students who had achieved scholastic recommendations by the guidance of the Sagaing Regional Government
LIMITED MWMCL LETPADAUNG PROJECT PREPARED FOR: Limited MWMCL 70I Bo Chien Street Pyay Road, Hlaing Township Yangon, PE701-00022/04 Rev 1 April 26, 2013 ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT SCOPING STUDY Knight Piésold www.knightpiesold.com C
· is an unprecedented film that comes at a historic time in history. was forced to stop construction in 2012 due to local opposition to the
It profited from more than a decade of , carried out in partnership with ’s military government, without attempting to address the thousands left destitute.Thousands more people forcibly evicted since 2011 to make way for the Letpadaung mine, which is run by Chinese company and Union of Economic Holdings
· Dong Yunfei, a manager at the Yangon branch of , the Chinese State-owned company that operates the Letpadaung mine, wrote in an e-mail to the Global Times that the company will pay extra subsidies ranging from K300,000 to 1.2 million $300-$1,200 for an acre of land to farmers who make way for the project, based on the
Wanbao Mining has two sister companies in Myanmar, i.e. Myanmar Yang Tse Copper Limited "Myanmar Yang Tse" and Limited "Myanmar Wanbao", which are playing a key role in boosting the development of industry while also
· The Letpadaung Project is located at Letpadaung in the Sagaing Division and is part of a larger project known as the Monywa Project, which is developing the Sabetaung & Kyisintaung S&K deposits within the Monywa Geological Complex. Limited, which will be responsible for the complete
O Today the S&K Mine is operated by Wanbao Mining Limited with the name of Myanmar Yang Tse Copper Limited – MYTCL. Joining hands with mining businesses at home and abroad, based on the principles of international cooperation and mutual benefit, Wanbao Mining is developing high-quality mineral resources from around the world
The operator Limited , a fully owned subsidiary of , says it plans to expand the mine’s perimeter by a further two thousand acres which includes the homes of 141 families in four villages. The company has not given a date for its planned acquisition let alone other details
The Monywa complex, comprised of the Letpadaung and the Sabetaung and Kyisintaung S&K mines, is ’s largest project. It is co-operated by the Chinese company , the military and the government of see project details