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Find here always updated news and reports about our company and our partners.

Wanbao Mining's President Chen Defang Visits Monastery at Old Zee Daw village

Latest News

Monday, 30 September 2013

after1On the 28th of September, a Wanbao delegation led by Wanbao Mining President Chen Defang and General Manager Geng Yi, made a visit to the monastery at Zee Daw old village. The visit was the culmination of several months of successful communication to build up to this occasion.

Myanmar Wanbao believes in leaving no stone unturned in reaching out to the local communities. We believe that most things in life can be resolved through clear and honest dialogue.

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Myanmar Wanbao: Hand in Hand into the Future of the Letpadaung Copper Mine

Latest News

Friday, 02 August 2013

Press Release
DSCF1565On July 24th 2013, the Ministry of Mines of Myanmar, represented by Mining Enterprise No.1 (ME1) signed the Amendment to the Production Sharing Contract for the Letpaduang Copper Mine with Myanma Economic Holding Ltd. (MEHL) and Wanbao Mining Ltd. The ceremony took place at Nay Pyi Taw.The Amendment provides the government of Myanmar with 51 % of the benefit, while MEHL and Wanbao retain 49 %.

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Interview by Sky Net

Latest News

Sunday, 07 July 2013

A Heart to Heart Interview with Managing Director & General Manager Mr. Geng Yiskynet1

Q: First of all we would like to know about how Wanbao acquired the NO. 1 Copper Mine Project in Myanmar.

A: You would like to know the history?

Q: Yes, how was it that Myanmar Wanbao Company obtained the license for this project?

A: Ok. I would like to begin by thanking Sky Net for giving the company, and for allowing myself, this opportunity to introduce some information about the project. So for your first question, I would like to explain a little bit about the history of the project. Actually, from 2007 until 2010, for nearly four years, we were engaged in acquiring the project from its previous developer. This is the Canadian Mining Corporation of Ivanhoe. During these four years we were negotiating with both the Government and the previous shareholders regarding the acquisition of the Monywa Copper Mine Project. Actually we were not the only one negotiating for this mine. There were competitors from Korea, Russia, and also from other Chinese companies. The final decision for Wanbao to attain the project was awarded because we offered the most favourable conditions for the previous shareholders, as well as for the Government, and we won. We can say that… we won the competition finally in 2010. And that is the history.

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Myanmar Wanbao Mining Copper Limited Forms CSD Team to Implement CSR Planning

Latest News

Monday, 27 May 2013

csd TEAMThe Community & Social Development Team – CSD

Moves Into Action

In adhering to the advice of the Final Report of the Letpadaung Investigation Commission led by Chairperson Daw Aung San Suu Kyi, and Pyithu Hluttaw, Representative and Rule of Law Enforcement Committee Chairperson, MWMCL has succeeded in beginning its assistance with regional development of the area.
Moving into action, the CSD Team has been formed and has begun its first series of engagements with the surrounding communities. On May 21, the team entered Moe Gyo Pyin South and Moe Gyo Pyin North villages to meet and explain the purpose of the formation of the CSD team, as well as its planned tasks for esteemed Monks and regional people. The team was greeted with enthusiasm by the villagers, who expressed their desire and need for such a team from the Mining Company of MWMCL. During the meetings the Moe Gyo Pyin villagers reported to the team about some of their basic needs of water supply, a Middle School and electricity. MWMCL also discovered that most children of these villages stop education at the Primary level, and for those who wish to attend Middle School, a journey of 2-miles is made every school-day to attend the Mine Town School.

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MYTCL Seed Scattering Ceremony

Latest News

Tuesday, 14 May 2013

 aseedmasterA historical Seed Scattering Ceremony was performed at Sabetaung & Kyisintaung Mine's (S&K) Sabetaung Waste Dump at 10:30 am on 4th May 2013, led by the Regional Minister  of Mine & Forestry Department. Totaling participants of 125 people; 5 from the Regional Mine Ministry, 55 from the Forestry Department and 65 from Myanmar Yang Tse Copper Limited took part in the ceremony on the rehabilitation area of the Sabetaung North Waste Dump.

One bucket of Lead Tree Seeds (Bawsakine) and one bucket of Rain Tree Seeds (Koukko) were scattered along the slopes of the S&K Project's waste dump as part of the Mine Closure and Rehabilitation Planning that will be an ongoing project throughout the course of the life of the mines. The Mine Closure Plan, developed and implemented by Operations Management, the Mining Department and the Environment Department, and also supported by all departments from the MYTCL company will rehabilitate the project as it concludes each portion of the mining operations.

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Yangon Port Office
70 (i) Bo Chein Street
Pyay Road, Hlaing Township
Yangon, Myanmar
Tel: (951) 514 194 -7
Fax: (951) 514 208
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Monywa Site Headquarters
Salingyi Township
Sagaing Region
 Myanmar
Tel: (9571) 26309 ~ 313
Fax: (9571) 225 22