China, Myanmar Sign Mineral Exploration Agreement

China, Myanmar sign mineral exploration agreement

12 August 2005

Xinhuanet

YANGON, -- China and Myanmar signed Friday evening one more agreement on nickel mineral exploration and feasibility study. The agreement was signed between the Kingbao Mining Ltd of China based in Hong Kong and the No.3 Mining Enterprise of the Myanmar Ministry of Mines. Under the agreement, the nickel mineral exploration and feasibility study will be carried out in northwestern Myanmar's Mwetaung region where Chin state and Sagaing division meet.

It was the second nickel mineral exploration agreement signed between China and Myanmar. The first was between the China Nonferrous Metal Mining and Construction (Group) Co. (CNMC) and the Myanmar Ministry of Mines in July last year on the same undertaking in Tagaung Taung region, northern Mandalay division.