Agreement on joint exploration of copper and other minerals signed

Agreement on joint exploration of copper and other minerals signed

Reuters

26 July 2004

Yangon - Geological Survey and Mineral Exploration Department and China Hainan Jiayi Machine Import & Export Co Ltd signed an agreement on joint exploration of copper and other minerals and conducting of feasibility survey in Hsinbo-Nanlihsan Block in Bhamo Township, Kachin State, Monywa Block-1 in Kani Township, Sagaing Division, and Monywa Block-2 in Salingyi Township at the Traders Hotel this morning.

Present at the agreement-signing ceremony were Minister for Mines Brig-Gen Ohn Myint, member of Myanmar Investment Commission Minister for Energy Brig-Gen Lun Thi, Attorney General U Aye Maung and departmental officials, Ambassador of the Peoples Republic of China Mr Li Jinjun and embassy officials and Chairman of the company Mr Zhang Sheng Can and members.

GSME Director-General U Win Ti and Mr Zhang Sheng Can signed the agreement and exchanged the documents. Minister Brig-Gen Lun Thi and Minister Brig-Gen Ohn Myint presented the investment permit of MIC and the permit for exploration of copper and other minerals to Mr Zhang Sheng Can.

"The New Light of Myanmar" 27 July 2004