Myanmar Mines Law And Rules: Update

Following the passing of the amendments to the Myanmar Mines Law of 1994 through the enactment of Law No. 72/2015 on 24 December 2015 (the "Mines Law Amendments"), the Ministry of Natural Resources and Environmental Conservation¹ (the "MNREC") passed the much anticipated Myanmar Mines Rules under Notification No. 13/2018 dated 13 February 2018 (the "Mines Rules"), repealing the previous mines rules passed in 1996.

Mines Law Amendments: A recap

As noted in our Myanmar alert on the Mines Law Amendments, key changes brought by the Mines Law Amendments include:

1. Increasing the maximum production permit period, for large scale production projects only, to 50 years;
2. Giving exploration permit holders a clear right to production permits;