Analysis of Myanmar's Geology, Minerals and Mining Investment Environment

Myanmar is locate between southwest China and the Indian Ocean, it is an important node in the China-Myanmar Belt and Road Economic Corridor and a convenient gateway from southwest China to the Indian Ocean and Southeast Asia. Myanmar is rich in solid mineral resources, but the level of geological research is relatively low, so it has good prospects for mining investment, especially in recent years, the Myanmar government has updated its mining policy and optimized the restrictions on foreign mining investment in Myanmar to attract more investors to explore and develop the mining industry in Myanmar and enhance Myanmar's mining economy. This article presents an overview of Myanmar's geology and mineral resources, the situation of exploration and development in the past 10 years and the current status of major mine development, focusing on the new Mining Law and the Mining Law Implementing Rules issued by the Myanmar government in recent years, with the aim of gaining a deeper understanding of the new changes, and trends in Myanmar's mining policy, and providing a basis for Chinese companies to carry out mining investment and development in Myanmar. At the same time, relevant recommendations are made, including the need to follow the mining market dynamics, understand the negative list of projects in Myanmar, scientifically grasp the key points of the policy, study the advantages and disadvantages of cooperation with the Myanmar government in advance, and fulfil corporate social responsibility. This article analyses the current situation of Myanmar's resource endowment and mining development, and provides an in-depth understanding of Myanmar's newly promulgated Mining Law and Mining Policy, which will be of some relevance to companies engaged in mineral exploration and mining investment cooperation in Myanmar.