Myanmar is a country blessed with an abundance of natural resources, including gems, minerals, oil and gas reserves estimated to trillions of cubic feet. This sector is still under-developed, and UMG is committed to contribute to the sustainable development of this sector. This will help Myanmar to discover its true potential. Although at present we are exploring a tiny fraction of the available resources, UMG will continue to develop its capabilities in this important sector through perseverance, technology and innovation. Relentless pursuit of excellence!
The mining division of UMG, First Resources and its affiliates currently run mining operations of Gypsum, Barite and Granite. In parallel, First Resources has plans to run the exploration of other minerals, such as Tin, Tungsten, White Limestone, and Quartzite.
In the future, First Resources aims to expand and enter export markets, while it continues to lead in the local market.