The country, however, needs to become a more investor-friendly destination and develop industry-wide regulations, since harmful mining practices have been observed at gold mines in the states of Kachin and Karen, as well as in copper mines in Northern Myanmar, says Global Data’s report.
The country also lacks of ports, roads and railways to boost both mining production and its exporting potential.
Despite these factors, experts believe the absence of multinational mining firms active in Myanmar makes it an ideal playground for small-scale miners.
No comments:
Post a Comment