Song Xin: Technology innovation is the new engine for the development of the gold mining industry
Source: www.mlr.gov.cn Citation：www.chinamining.com.cn Date: Oct.27, 2014
“Nowadays, China’s gold mining industry is facing unprecedented challenges.”On Oct.22, 2014, Mr. Song Xin, General Manager of China National Gold Group Corporation and President of China Gold Association pointed out in his speech on the 2014 CHINA MINING Mining Development Forum.
Mr. Song Xin said, confronted with serious market situation and fierce market competition, the gold mining industry needs to vigorously implement innovation-driven strategies and realize effective, scientific and low-cost resource exploration through technology innovation, technique improvement and equipment updates.
He emphasized that the scientific work should overcome the major difficulties existing in prospecting, exploration, metallurgy, processing, security and environmental protection. All these problems are in urgent need to be solved.
Seven Ways to Get Out of the Dilemma
In the current situation, the price of gold and other nonferrous metals is very low and the cost of geological survey, exploration and processing is continuously rising, which decreases the profits of the gold industry.
The gradual implementation of the new fiscal policy, including levying the gold resource tax, changing the business tax to value-added tax and changing the environmental conservation fee to tax, has hit the gold mining enterprises. In addition, the increasing financing difficulties and costs trap the enterprises in a tense financing climate.
How to solve the current difficulties and realize healthy development in the future?
Mr. Song Xin pointed out that technology innovation is the essential path to increase competitive strengths, resist market risks and realize sustainable development. He said that we are in urgent need to accelerate the progress of technology innovation, improve core competitiveness and realize sustainable development.”
In the aspect of prospecting, the gold mining industry needs to have the awareness of rights protection, scientific research promotion and cost control. The enterprises should protect both rights and interests, promote technology’s leading role and explore largest amount of resources with lowest cost.
In the aspect of mining, the gold mining industry needs to optimize the mining system, reduce the loss and dilution and improve the mechanization and intelligence of the devices. In addition, the enterprises should also promote the comprehensive technology research on deep mining and effectively cope with the risks and challenges from rock-burst, earth temperature and cost.
In the aspect of dressing, the gold mining industry needs to make continuous progress of the dressing technology and process. The enterprises should do research on poly-metallic deposits metallurgy and cyanide-free gold extraction technique and apply these technology into practice. Also, efforts should be made to overcome the difficulties in gold extraction and low-quality resources extraction as well as by-products recycling.
In the aspect of security, centering on grass-roots construction, basic work and basic skill training, the gold mining enterprises should continuously strengthen the security management foundation, improve the construction of “six systems”, get rid of out-of-date techniques and equipment, do more research on observing the regulation of deep mine ground pressure, rock-burst and ventilating and improve the intrinsic safety.
In the aspect of environmental protection, measures including developing circular economy and pollution-free mines, strengthening technology research on groundwater discharge and the utilization of deep mine earth temperature, should be taken to improve the energy-saving and emission-reducing and restore the mine ecology.
In the aspect of equipment, the gold mining industry needs to update the devices used in the process of mining. New mines should promote the application of new technology, new technique, new equipment and new material. The enterprises should build new mines with modern technology.
In the aspect of digital mining, new mines should develop towards informatization, digitization and intelligence through building geological and mining 3D models, polularizing practical software and comprehensively transforming and promoting the management of traditional mining enterprises.
Six Features Showing the New Trend of the Mining Industry
Facing the fierce market competition and fluctuating prices, China’s gold mining industry has achieved stable, healthy and rapid development by combining measures to promote endogenous growth.
China Gold Association’s statistics showed that in 2013, the output of China’s gold mining industry reached 428.16 tons, ranking the first in the world for the seventh consecutive year. Gold consumption reached 1,176.40 tons, surpassing India for the first time and ranking first in the world. Prominent achievements have been made in gold geological survey with 8,974 tons of gold reserve which makes China rank second in the world. The technology of the gold mining made a major breakthrough and ranked top in the world’s metallurgy technology. China’s top ten gold mining corporations’ output and profits accounted for 50% of the whole industry. Now China’s gold mining industry has changed its role from a follower to a leader with increasing competitive force and comprehensive strengths.
In his speech, Mr. Song Xin introduced the new features of the rapid development of the China’s mining industry.
Mr. Song Xin said that, China’s gold mining enterprises are actively coping with the market changes and taking initiative to transform the development mode. Go through the sluggish situation by promoting “the five leading roles”, improving effectiveness and reducing the cost, strengthening management and digging up the potentials. Enterprises are generally increasing technology and applying new techniques and equipment to overcome the difficulties. Integration of mechanization, intelligence and informatization has been achieved to transform the traditional mining and management. All the enterprises are sticking to the idea of “building with upgrading” and reducing the project capital to win in the starting line in the aspect of project building, geological survey and technology transformation.
Besides, all enterprises have further strengthened their concept of green and secure development and improve the mining industry’s sustainable development. They have gone global to explore overseas resources and accelerated the integration with the world’s mining industry. They have improved their cooperation to cope with the situation and implemented wide cooperation in regional mining rights integration, overcoming difficulties in the process of technology updating and building the platform for equipment bidding and gradually formed a new picture of cooperative, harmonious and win-win development.
Mr. Song Xin said that in the current situation, only by strengthening technology innovation can the industry realize the updating and transformation, achieve sustainable and healthy development and honor the mission of safeguarding the national economy and financial security.(reported by Li Ping) (translated by TLRHVC)
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