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The Myanmar Mines Law

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Summary

The objectives of this Law are a. to implement the Mineral Resources Policy of the Government; b. to fulfil the domestic requirements and to increase export by producing more mineral products; c. to promote development of local and foreign investment in respect of mineral resources; d. to supervise, scrutinize and approve applications submitted by person or organization desirous of conducting mineral prospecting, exploration or production; e. to carry out for the development of, conservation, utilization and research works of mineral resources; f. to protect the environmental conservation works that may have detrimental effects due to mining operation.

Thumbnail image for The objectives of this Law are a. to implement the Mineral Resources Policy of the Government; b. to fulfil the domestic requirements and to increase export by producing more mineral products; c. to promote development of local and foreign investment in respect of mineral resources; d. to supervise, scrutinize and approve applications submitted by person or organization desirous of conducting mineral prospecting, exploration or production; e. to carry out for the development of, conservation, utilization and research works of mineral resources; f. to protect the environmental conservation works that may have detrimental effects due to mining operation.
Issuer

Myanmar

Year

1994

Region

Asia

Issuer (type)

The State Law and Order Restoration Council (Government)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Manufacturing
  • Mining, Quarrying, Oil & Gas Extraction
  • Finance & Insurance
  • Agriculture, Forestry, Fishing & Hunting
Restrictiveness

Very Low

Sustainable Development Goals (SDGs)
  • SDG 2: Zero Hunger
  • SDG 16: Peace, Justice, and Strong Institutions

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