Myanmar Metals Completed Expansion Study at Bawdwin

Myanmar Metals Limited (ASX: MYL), in its Bawdwin Joint Venture, has reported that Bawdwin expansion study was completed. A mining consulting firm has undertaken the assessment of the open-pit mining operations as well as underground operations.

  • The expansion study has depicted two further open pit cutbacks.
  • After starter pit, the second and third phases of mining at the project expected to be delivered by additional two open-pit cutbacks.
  • The study underpins the JV’s reliance for a 50-year production sharing agreement.

By 1:35 PM AEDT, MYL was trading at $0.05, up by 11.11 per cent from the previous close.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK