• Burmese
Friday, July 11, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
26 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home News Burma

Myanmar Civilian Government Sells Gem Mining Rights

The Irrawaddy by The Irrawaddy
February 21, 2023
in Burma
Reading Time: 1 min read
0 0
A A
Myanmar Civilian Government Sells Gem Mining Rights

Mandalay’s Mogok Township. (Photo: NUG)

3.7k
VIEWS
Share on FacebookShare on Twitter

Myanmar’s civilian National Unity Government (NUG) says an entrepreneur has bought the rights to a gem mine in Mogok Township, Mandalay Region, for US$4 million to fund the revolution.

The NUG invited domestic and foreign businesses last month to invest in 45 gem mining rights in Mogok.

The investor will be granted the mining rights when the dictatorship is ousted, the civilian government said.

RelatedPosts

Anti-Coup Icon Explains Urgent Call for NUG Reform

Anti-Coup Icon Explains Urgent Call for NUG Reform

July 11, 2025
19
Myanmar Junta Chief Thanks Trump for Shutting Down VOA and RFA

Myanmar Junta Chief Thanks Trump for Shutting Down VOA and RFA

July 11, 2025
131
KIA Denies Rumor Chief Under House Arrest in China

KIA Denies Rumor Chief Under House Arrest in China

July 11, 2025
202

The mines will be operated as public-private partnerships with 51 percent held by the government.

The NUG’s Ministry of Planning, Finance and Investment announced on Monday: “We can confirm an overwhelming number of inquiries in the remaining 44 exclusive mining rights by email and through official agents.”

Planning, finance and investment minister U Tin Tun Naing said the Mogok mining rights project aimed to bring justice after gem mining has been monopolized by an elite for decades.

“Those businesses only served the interests of military dictators, so we are fixing this to serve the interests of the people and to ensure the country and its citizens get what they deserve,” said the minister.

The NUG’s planning and finance ministry says more than $100 million has been raised to fund the revolution against the regime.

The funds were raised by selling treasury bonds, auctioning off military-linked properties, including two mansions belonging to junta boss Min Aung Hlaing, and selling yet-to-be-built apartments on military-linked land. The NUG said buyers will be handed keys to their properties once the junta is toppled. The NUG says it has also collected 3 billion kyats in taxes in the areas it controls.

Your Thoughts …
Tags: civil disobedience movementcivilian deathsCoupcrackdownDemocracygem miningHuman RightsjuntaMandalay Regionmilitary in politicsmilitary regimeMin Aung HlaingNational League for DemocracyNational Unity GovernmentNovember 8 general electionPDFPeople’s Defense Forcepeople’s warPolitical PrisonersregimeRule of LawState Administrative CouncilState Counselor Daw Aung San Suu KyiTatmadaw
The Irrawaddy

The Irrawaddy

...

Similar Picks:

As Myanmar’s Military Stumbles, a Top General’s Dissapearance Fuels Intrigue
Burma

As Myanmar’s Military Stumbles, a Top General’s Dissapearance Fuels Intrigue

by The Irrawaddy
April 19, 2024
47k

The junta’s No. 2 has not been seen in public since April 3, sparking rumors that he was either gravely...

Read moreDetails
Enter the Dragon, Exit the Junta: Myanmar’s Brotherhood Alliance makes Chinese New Year Vow
Burma

Enter the Dragon, Exit the Junta: Myanmar’s Brotherhood Alliance makes Chinese New Year Vow

by The Irrawaddy
February 12, 2024
44.8k

Ethnic armed grouping says it will continue Operation 1027 offensive until goal of ousting the junta is achieved. 

Read moreDetails
Drone Attack at Myanmar-China Border Gate Causes Over $14m in Losses
Business

Drone Attack at Myanmar-China Border Gate Causes Over $14m in Losses

by The Irrawaddy
November 27, 2023
38.6k

Jin San Jiao is latest northern Shan State trade hub in crosshairs of ethnic Brotherhood Alliance.

Read moreDetails
Arakan Army Captures Myanmar Junta Brigade General in Chin State Rout: Report
Burma

Arakan Army Captures Myanmar Junta Brigade General in Chin State Rout: Report

by The Irrawaddy
January 15, 2024
36.6k

Rakhine-based armed group has reportedly detained the chief of 19th Military Operations Command after seizing his base in Paletwa Township.

Read moreDetails
Myanmar Coup Leader Showers Medals on Troops as String of Defeats Erodes Morale
Burma

Myanmar Coup Leader Showers Medals on Troops as String of Defeats Erodes Morale

by The Irrawaddy
December 8, 2023
32.9k

Min Aung Hlaing was trying to distract attention from a string of military defeats by handing out 147 medals for...

Read moreDetails
‘Myanmar Military in Chaos,’ Swift Capture of Strategic Outpost Shows
Burma

‘Myanmar Military in Chaos,’ Swift Capture of Strategic Outpost Shows

by Yuzana
January 5, 2024
28.4k

Many of the more than 200 junta troops captured on Wednesday at Shan State outpost after brief battle were medics,...

Read moreDetails
Load More
Next Post
Myanmar Junta Delivers State Honors—Whether Recipients Want Them or Not

Myanmar Junta Delivers State Honors—Whether Recipients Want Them or Not

Myanmar Junta Chief Hands Honorary Title to Japanese Ally

Myanmar Junta Chief Hands Honorary Title to Japanese Ally

No Result
View All Result

Recommended

‘Reforms Are Not Optional’: Prominent Activist Urges NUG to Act Before It’s Too Late

‘Reforms Are Not Optional’: Prominent Activist Urges NUG to Act Before It’s Too Late

2 days ago
968
Trump’s Tariffs to Hit Myanmar’s Garment Manufacturers Hard

Trump’s Tariffs to Hit Myanmar’s Garment Manufacturers Hard

2 days ago
967

Most Read

  • Chinese Investment Reshapes Myanmar’s N. Shan as MNDAA Consolidates Power

    Chinese Investment Reshapes Myanmar’s N. Shan as MNDAA Consolidates Power

    shares
    Share 0 Tweet 0
  • Myanmar Junta Deploying Conscripts in Major Push to Reclaim Lost Territory

    shares
    Share 0 Tweet 0
  • Junta Bombing of Resistance-Held Areas in Mandalay, Karenni Kills Seven Civilians

    shares
    Share 0 Tweet 0
  • Two Prominent Myanmar Ex-Political Prisoners Die Hours Apart in Yangon

    shares
    Share 0 Tweet 0
  • Chin Resistance Tensions Boil Over as CNA Seizes Rival’s Myanmar HQ

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.