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Investors Look to Burma Mining Bonanza

25 April 2012

Moves to end sanctions on Burma are likely to open doors to a flood of investment in the country in the mining sector, according to Resource Investing News, an online journal. Rich in copper, gold, zinc, gems, oil, gas, and other minerals, and neighboring the world’s two biggest markets, China and India, Burma has huge potential for miners, the journal said. To facilitate the anticipated rush to take advantage of Burma’s natural riches, the first Myanmar Mining Summit will be held in Rangoon on July 11-12, following up on an oil, gas a power summit held in March.