The Mineral Industry of Burma (1984)

Description: 

"Burma continued its development activities in the mineral field with the assistance of foreign loan and aid programs. Overall, the mining sector grew by 24% in fiscal year (FY) 1982, with export earnings rising 45% to $41 million. In FY 1983, copper ore production led in tonnage of metallic minerals, while tin ore was first in value. Ores of lead, silver, tungsten, zinc, and a number of industrial minerals also were produced in amounts economically significant to the Government, which owns and operates all the important mines. In all, about 30 minerals were produced in commercial quantities during 1984. Only the tin and tungsten output, however, could be considered as being of consequence on the world market. Burma continued to allocate about 10% of its capital budget to the mining sector and planned to continue with this policy. The capital budget for FY 1984 was targeted at $137 million including local currency expenditures, but because of a tight foreign exchange situation, expenditures were probably closer to $100 million with foreign exchange requirements of $50 to $60 million..."

Source/publisher: 

US Bureau of Mines via University of Wisconsin

Date of Publication: 

1984-00-00

Date of entry: 

2014-12-22

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Local URL: 

Format: 

pdf

Size: 

99.01 KB