News on Chinese-backed copper mine in Letpadaung copper mine, Myanmar - it is said that Myanmar to get more profit from controversial Chinese-backed mine after the revised contract.
The revision is seen as an attempt by the government to appease public anger over the project by giving the country a bigger share of the profits, after protests last year that triggered a violent police crackdown.
The new terms give the government 51 percent of the profits from the Letpadaung copper mine in Monywa, 760 km (472 miles) north of Yangon, far more than its original 4 percent share.
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