[myanmar_information] Re: The New Light of Myanmar (Tuesday December 10, 2002)

["celsus22000 <celsus22000@xxxxxxxxxxx>" <celsus22000@xxxxxxxxxxx>]

--- In myanmar_information@xxxxxxxxxxxxxxx, Ok Kar <okkar66126@xxxx> 
wrote:
> The New Light of Myanmar (Tuesday December 10, 2002)
> Yangon, 9 Dec - > 
> After inspecting the Pangsan, the ministers and party
> proceeded to Lonhtan Village, where they were welcomed
> by Wa national races leader U Pauk Yu Chan. Then, U
> Pauk Yu Chan reported on production of tin, running of
> tin refinery and sale of refined tin to the ministers
> and diplomats. The ministers and party inspected the
> functions of the tin refinery, where U Pauk Yu Khan
> said that the production of tin in Lonhtan region
> started in 1999. In the first year 500 tons of tin
> were produced, in 2000 700 tons and 2002 900 tons were
> produced. Raw materials were exported to China at the
> rate of Ywan 32,000 per ton or US$ 4,000 per ton and
> Refined tin at the rate of Ywan 48,000 per ton or US$
> 6,000 per ton . The factory started running on 11
> November 2002.

>  There were four Chinese experts and about 100 local
> workers with the factory. The investment of the whole
> project was Ywan 900 million (over US$ 100 million)
> and 12 kinds of mineral has been seen in the region,
> he said. 

Really??? 100 million US for the tin refinery.  U Pauk should 
check his figures before he gives another speech to the 
diplomatic crowd.  Not too long ago he told Ma Thanegi of 
the Myanmar Times that the refinery was only worth about 
1.5 million 

"They have discovered a huge mine containing at least nine different 
minerals which will be found to include, they believe, titanium.
Indeed it was the search for titanium which led the Wa authorities to 
the mine which offers tin, among other metals, in abundance."Since 
two years ago, we have electric power from the four hydro plants in 
the region," U Pau Yu Chan explained."  So we are building a mineral 
processing plant, so that we need not sell the ore.  Better to sell 
the refined minerals, we should get nearly double the money."  The 
processing plant being built under the shadow of the peak which 
supplies the ore will cost $1.5 million in total. With so little 
need for electricity in the region, the Wa people use only a third 
of the available power supply at present. It leaves them with ample 
capacity to set up a great many processing plants in the future.
U Pau Yu Chan said he hoped more foreigners would come to see for 
themselves the resources his people were harvesting. Through ore 
alone, last year, they made US$8 million."  (MTBR: 3:53)



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