Mizzima awarded global JTI certificate for reliable news on Myanmar

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Mizzima Mizzima, one of Myanmar ’s most prominent news outlets and a press freedom advocate, obtained the Journalism Trust Initiative ( JTI ) certification from global audit firm Bureau Veritas , JTI says in a press statement 5 January.  Operating in clandestine mode within Myanmar and supported by an exiled team, Mizzima strives to fulfil its role as reliable source of news and information for the Myanmar public. “Your Journalism Trust Initiative certification affirms what audiences already know: that principled, transparent journalism matters. Congratulations on this achievement and on your continued contribution to informing citizens about Myanmar,” says Benjamin Sabbah , director of Journalism Trust Initiative “Myanmar’s ongoing conflict has created an intensely contested media landscape, where mis- and disinformation are increasingly deployed to reinforce state propaganda and the prevailing “official” narrative. Although Mizzima is already regarded as one of the most trusted ...
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Wan Bao says it will take legal action if Latpadaung copper mine project suspended

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Monday, 28 January 2013 12:50 Saw Zin Nyi

The Wan Bao Company will have to resort to legal action if the Latpadaung copper mine project is suspended, the firm’s Rangoon-based administrative manager Myint Thein said.

A decision is pending on whether work should continue on the Latpadaung copper mine in Monywa, Sagaing Division. (Photo: Hein Htet / Mizzima)

The company would examine the agreement in detail to determine the exact amount of compensation to be claimed if the project was either stopped or suspended, he told Mizzima.

“We will resort to legal action in accordance with the agreement if the project is halted,” he said, adding: “Burma stands to lose a lot of investments if projects are suspended.”

However, he said that Burma and China are allied as partners, and that “we will negotiate with the Burmese government first.”

The Wan Bao Company has invested US $1 billion in the copper mine project, which is based in Monywa in Sagaing Division, near the Chindwin River. In 2010, it signed a contract with Union of Myanmar Economic Holdings Ltd (UMEHL) to extract copper ore from the site for a period of 30 years. UMEHL is backed by the Burmese military through the Ministry of Defense.

The leading beneficiaries from the Monywa mining project are firstly the Burmese government with a 16.8 percent share in profits, followed by UMEHL with 13.8 percent. Just 13.3 percent of profits would go to Wan Bao, despite the fact it appears to be the only financial backer of the scheme.

The project has been laced with controversy. Environmentalists, Buddhist monks and activists have opposed the copper mine and staged a sit-in rally which was violently broken up by riot police on November 29 last year.

Following the crackdown, a Latpadaung Inquiry Commission was established, chaired by opposition leader Aung San Suu Kyi. The commission is due to submit a report on the incident and an analysis of the project by the end of this month.
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Related articles:

http://www.mizzima.com/news/inside-burma/8650-china-confident-of-monywa-other-projects-continuation.html

http://www.mizzima.com/news/inside-burma/8471-80-injured-in-monywa-crackdown.html

http://www.mizzima.com/news/inside-burma/8503-monywa-inquiry-commission-reduced-in-numbers-and-powers.html

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