Myanmar's Mineral Sector
Myanmar's mineral reserves have remained largely untapped for many years. As Myanmar pursues political and economic renewal, investment in the mining sector is anticipated to grow dramatically.
Since 2011, the Myanmar Government has passed a number of laws and regulations to encourage foreign investment in Myanmar. Amendments to the mining laws were passed in December 2015 and new regulations are currently being finalised.
Myanmar has extensive mineral resources including metallic minerals such as copper, gold, lead, tin, tungsten, zinc, nickel and silver as well as precious stones including jade, ruby sapphire and diamond.
Myanmar remains largely unexplored and as such there is great potential for new market entrants to gain first mover advantage in many parts of the country. Myanmar and foreign companies have already started to intensify their activities in securing prospective exploration blocks with a significant increase in on-ground exploration activities in recent years.
Investing in the mining sector in Myanmar is not without its risks and challenges. The Valentis team, based both in Australia and Myanmar, is able to provide the bridge required to enable successful execution of your mining interests in Myanmar.
Mineral Resources in Myanmar
VERY RICH
Jade, Ruby, Sapphire and Limestone
RICH
Copper, Lead, Zinc, Tin, Tungsten, Gold, Coal and Barite
FAIRLY RICH
Antimony, Silver, Nickel, Gypsum, Iron
POOR
Chromite, Manganese, PGM, Minerals, Radioactive Minerals, Diamond, Fertilizer Minerals, Fluorite, Bauxite, Mercury, Kaolin, Feldspar, Quartz, Bentonite and Mica