2nd Amyotha Hluttaw 5th regular session 34th day meeting

July 28, 2017

2nd Amyotha Hluttaw 5th regular session 34th day meeting was held yesterday morning at Amyotha Hluttaw meeting hall.

First, U Khin Myo Win of Taninthayi Region constituency 12 raised a question on Ministry of Natural Resources and Environmental Conservation delisting a mineral project area near Yadanapon Village, Bangla Village Tract, Bokepyin Township. Union Minister for Natural Resources and Environmental Conservation U Ohn Win said the area in question is 700 yards away from the Yadanarpon Mineral Project and was already delisted in order to convert it into a village land. Furthermore, it is not in an area applied for small scale production of tin and tungsten. However, Pyigyimandaing Subtownship settlement and land records department is checking its records and a team consisting of the state government and the departmental officials will make a site visit. If the land is found to be in a mineral project area, it will be delisted from being a mineral project area in accordance with the regulation and in coordination with relevant union ministries and Taninthayi Region government added the Union Minister.
U Saw Moe Myint @ Samuel of Kayin State constituency 1 then raised a question on actions taken against companies who failed to provide the government share of gold production in Moehti Moemi Block A, Wahphyu South Block B and Lepyin Block D that contain gold deposits with high gold content percentage. Union Minister for Natural Resources and Environmental Conservation U Ohn Win said according to the agreement between No. 2 Mining Enterprise and National Development Company, up to 2016 December, government’s production share amounted to 106.0157 viss (1 viss = 3.6 pounds) of pure gold. The company’s security deposit of Ks 1 billion was converted to gold at the prevailing rate and recorded as 11.2612 viss of gold being provided to the government as production share. The company is also being informed to put up the security deposit within two months.
Furthermore, a group led by director of No. 2 Mining Enterprise took out a certain ratio of gold produced from Block A and provided to the enterprise as the government’s production share totaling 10.0483 viss. According to the production sharing agreement, Shwe Moe Yan Company and Asia Kabar Myay Company had an outstanding gold payment to government of 62.7536 viss and 25.6982 viss respectively up to 2016 December and arrangements are made to deduct Ks 1 billion each from the companies’ security deposits. The ministry had sent management groups to collect the outstanding production share gold from Block B and D.
The ministry had sent management groups to the worksites in the three blocks to monitor the works. Meanwhile, the companies had submitted their difficulties and the ministry, taking into consideration other additional matters, was obtaining comments of Union Attorney General and Union Auditor General. At the same time, the ministry met repeatedly with the companies’ officials to collect the outstanding gold, assessed the requirement to amend the agreement as proposed by the companies and submitted a report to the office of the President said the Union Minister.

Thura Zaw, Mi Mi Phyo (MNA)

Ref; The Global New Light of Myanmar