CHINA MINING News

CHINA MINING 2015 opened under the new normal development

Source: www.mlr.gov.cn   Citation: www.enorth.com.cn/  Date: October 21, 2015

CHINA MINING 2015, jointly hosted by the Ministry of Land and Resources, Tianjin Municipal People`s Government and China Mining Association, was held at Tianjin Meijiang Convention Center on October 21, 2015. Under the theme of “New Normal，New Opportunities，New Development”, the convention discussed a series of topics, such as the sustainable development of mining industry, the global mineral exploration situation, mining and capital markets, green mining, mineral resources, and comprehensive utilization of the mineral resources. More than 8,000 people from 55 countries and regions attended the event, and most of them were government officials, experts and scholars, representatives of mining enterprises and financial institutions. The mining ministers forum, geological survey directors forum, mining development summit forum and other 34 sub-forums and country (region) mining investment projects shows were held during the same period.

Under the theme of “New Normal，New Opportunities，New Development”, the convention seized the national strategy of “One Belt and One Road” and pursued transformation and upgrading in this mining winter.

At present, demand and investment is declining in the international mining market, while market volatility and downward pressure continue to increase. Faced with complex environment, the mining enterprises should accelerate economic restructuring, adjust management, and continue to learn new technology, so as to achieve full upgrade in the adversity of the mining development.

Shandong Zhaojin Group, has participated in the CHINA MINING for 11 years, witnessing all the changes of the Chinese mining industry from the start to the development to the new normal. "Since 2013, the gold price in the entire international market was sharply reduced, and the profit margin was compressed. The gold enterprises were in the preservation of the edge during that hard period. For the enterprises, that situation was not only an opportunity but also a threat. The result of the market selection proved that “the one who persists wins”. Faced with that situation, we made a number of adjustments. On one hand, we made modest expansion in investment and compressed infrastructure investment to ensure good capital operation; on the other hand, we reduced financing costs in capital markets to ensure the overall steady development of enterprises. As to the management, we accelerated the transformation of technology, management, product and business model, increasing cost control efforts." Said Xue Dongfeng, the director of the party`s office in Shandong Zhaoyuan Group Co., Ltd..

In the case of the global downturn in gold, mining companies began to seek transformation and upgrading.

In the case of the downturn in global gold market, the Chinese gold group optimized the technology, sales, costs and other aspects to reduce the cost and increase the efficiency. “The ‘One Belt and One Road’ area boost two of the six gold mines and gold consumption accounted for 70%, in that way, the national ‘One Belt and One Road’ strategy is a golden opportunity for Chinese mining industry. We are confident in the gold market, and we will seize the opportunity to accelerate the transformation.” claimed Mr. Song Xin, the general manager and secretary of CP committee of China Gold Group.

Coal enterprises pay more attention to the green recycling economy

The construction of green mine was an important starting point for the healthy and sustainable development of mining industry, and environmental protection was not only the enterprise`s social responsibility but also the development direction of the mining enterprises. The reporter of the North network observed that various exhibitors regarded cyclic development as their bright spot. The Datong Coal Mine Group Co. has established a circular economy park, realizing the recycling of all the materials in the processes of mining, production and processing.

More than 8,000 government officials, experts and scholars, representatives of mining enterprises and financial institutions from 55 countries and regions attended the event. Exhibiting companies exceeds 600.

"The waste of the last production part can turn into the raw materials of the next part. Our circular economy park currently possess `two mines, ten plants, a road and 13 projects, forming a cycle from the point to the line and then to the surface, a comprehensive three-dimensional development of circular economy." said Zhao Lishu, the propaganda department minister from the Datong Coal Mine Group Co..

Chinese gold group focused more on the development process of the green and ecological restoration in mineral development process. Mr. Zhao said "There were 30 mines in whole industry, and 45% were green mines. So we should strive to do a good job of the plants restoration and ecological protection."

Strengthen international cooperation to achieve win-win situation

In mining conference exhibition site, governments and enterprises from 55 countries and regions found cooperation opportunities and platform. Australian government groups have participated in the mining conference for ten times, for that they want to use this platform to promote Australia`s rich mineral resources, attracting the mining industry of China and other countries to invest.

Enterprises and the governments obtain cooperation opportunities through the event.

Experts and scholars from various countries learn from each other.

"The development of the Australian economy depends heavily on the development and the sales of mines, and new resources cannot be found unless we continue to explore. Australia was a vast, sparsely populated area, rich in mineral resources, but poor in technical and human resources. Therefore, we aimed at finding partners through this platform to joint explore and discover. China and Australia enjoyed a relatively good exchange in economic, political and other aspects. The cooperation in the mining industry can strengthen economic and trade development. In addition, Australia can provide the mineral resources that were needed in China`s urbanization process, in this way such a cooperation can achieve win-win." said Dr James Johnson, the CEO of Australia`s geological survey. He also claimed that they had worked with many Chinese enterprises before, but this time they want to attract some mining enterprises with technology and ability, looking for new opportunities for cooperation.

For the international market, 40% of projects of China Minmetals Corporation were in foreign countries. "Minmetals, developed and produced in China Minmetals Corporation, involve almost all kinds of metal. Over the years, we cooperated with the other countries and businesses to fulfill the responsibility of the state-owned enterprises. We have international share of resources, provide a strong guarantee for the development of China, and expand the impact at home and abroad. During the conference, we discussed cooperation with a great many of enterprises at home and abroad, looking forward to the development of mining industry." said a stuff from China Minmetals Corp.

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us. For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

Mr. Wang Min presided over the opening ceremony of CHINA MINING 2015

Source: www.mlr.gov.cn/  Citation: www.mlr.gov.cn/   Date: October 21, 2015

(Photo: Zhao Xinhao, Edit: Xu Xiaojing)

On October 21, 2015, the opening ceremony of CHINA MINING 2015 was held at Meijiang Exhibition Center of Tianjin, with the theme “New Normal, New Opportunities, New Development”. This is a scene that Mr. Wang Min, deputy minister of the Ministry of Land and Resources, PRC, presided over the opening ceremony.

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

Peruvian ambassador addressed at the opening ceremony of CHINA MINING 2015

Source: www.mlr.gov.cn/  Citation: www.mlr.gov.cn/  Date: October 21, 2015

(Photo:Zhao Xinhao, Edit: Xu Xiaojing)

On October 21, 2015, the opening ceremony of CHINA MINING 2015 was held at Meijiang Exhibition Center of Tianjin, with the theme “New Normal, New Opportunities, New Development”. This is a scene that H.E. Mr. Juan Carlos Capunay, Ambassador of Peru to China, delivered a speech at the opening ceremony of CHINA MINING 2015.

Respected Guests,

Good morning!

I’m very honored to attend CHINA MINING 2015.

I would like to express my gratitude to the Ministry of Land and Resources for inviting Peru to CHINA MINING 2015 and to Tianjin Municipal Government. It reflects good partnership in mining between China and Peru. Based on the globalization of economy and trade, world economic development not only provide opportunities to countries and regions, but also promote social integration and development through increasing employment and payment. Peru has close partnership with China for a long time. Against the backdrop of global economic development, countries and regions are provided with chances of favorable development and cooperation. It is very helpful to countries and society. Especially for countries in Latin America, new mining technologies are brought.

Through high-tech work, every country has increased income and efficiency as well as our living standard. CHINA MINING 2015 made great contributions to the rapid development of mining economy and was beneficial for countries to participate in the process of globalization so as to obtain the win-win goal. Meanwhile, new mining technology also improved the society and people’s wellbeing.

Nowadays, with changes of world economy, we hope to see a rapid recovery of mining economy and we look forward to having more cooperative opportunities. China’s position is becoming increasingly important, especially in economy and trade, and it is playing a vital role in Asia and in the global community. It was proposed by President Mr. Xi Jinping in the New Year Speech that seeking mutual development through the Internet was a basic element of economic recovery in Asian-Pacific region. And he proposed the Belt and Road Initiative.

CHINA MINING 2015 brought great investment and cooperative chances in three respects for Latin America, including Peru.

Firstly, it provided new technology. CHINA MINING brought more investors and capital. Participating in this congress and expo, we gained good learning opportunity as well as a favorable platform for better understanding and integration. From the perspective of market, the Belt and Road Initiative proposed by President Mr. Xi Jinping triggered the transference of mining market to the Asian-Pacific region. This fundamental element of economic recovery would make great contribution to the world, improve maximal integration and development, promote global trade and mutual benefit. It would not only be a choice but also a chance, not only a political initiative but also a win-win project.

We have good partnership with China and bilateral free trade cooperation. We totally support the Belt and Road Initiative.

Please allow me to express my point of view. By building the twin Ocean Railroad Connection Project, the 21 Century Maritime Silk Road shortened the distance between Tianjin or Shanghai and Latin America, including Peru. It strengthened the relationship between Latin America and China. For economies of Latin America, China is an important partner as well as an investor. Investment from China brought huge wellbeing and more jobs to Latin American people no matter in mining, finance, or ocean shipping. I hope that the Maritime Silk Road which extends from the coastal areas of China to South America would enhance mutual economic and cultural development.

Mining development is very important for Peru. Peru and China has had longstanding partnership and friendship, and China is the largest trade partner for Peru in South America. The Belt and Road Initiative proposed by President Mr. Xi Jinping would help Chinese companies integrate to Latin America and build Pan Pacific Union. No matter in China or in Peru, the economy was dynamic and had evident increase. China and Peru witnessed growing trade communications.

As a major mining country, Peru relied heavily on mining except for fishery. Being the largest gold producer, the second largest copper producer, and the largest silver producer in Latin America, Peru was also the largest zinc and molybdenum producer worldwide. At the same time, we had rich natural gas and oil reserve and high-quality agricultural products. We were exporting our products to China and other countries in the Asian-Pacific region. Participating in CHINA MINING 2015, we would promote Peru’s mining industry, meanwhile, on behalf of the people of Peru, we would shoulder the responsibility to show Peru’s other advantages to Chinese people.

We hoped that China and Peru would deepen this kind of lasting partnership. Through long-term cooperation, we have built strong trust and had cooperation in infrastructure construction. We hoped that more Chinese entrepreneurs would invest in our agriculture and new energy industry. For both China and the international community, Peru represented new investment chances. Therefore, I would like to take this opportunity to invite friends from the world to Peru for more investment chances, where you would receive warm welcome from the people of Peru and build deeper friendship.

Thank you!

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

China’s enterprises outbound investment forum of CM2015 held in Tianjin

Source: www.mlr.gov.cn    Citation: www.gtzyb.com      Date: October 21, 2015

On October 20, China’s enterprises outbound investment forum of CHINA MINING 2015 was held in Tianjin. Representatives present at the conference focused on two issues. The first one was that with the continued downturn of the global mining industry, overseas mining investment is or not a period of strategic opportunity. And the second issue was that where the key points of overseas investment locates.

Representatives present at the conference believed that mining industry has entered into the era of loss, which is a hard time for the development of mining enterprises. From the perspective of invest, commodity prices are low and most of the mineral assets shrink. For example, western mining companies assets fell 60% in five years and China`s mining enterprise assets fell 80% and are experiencing difficulties. These may mark that the mining industry is hitting bottom, but it is not certain that it is the best period for enterprises to merger mine assets.

Some experts pointed out that during the recent 10 years, more and more Chinese mining enterprises invest in overseas, gaining experiences and learning lessons. Lessons from failure included bad timing, wrong target selection and inaccurate value judgment. According to representatives present at the conference, experiences gained from investing overseas included that enterprises should operate honestly with the concept of brand-oriented and keep a good public relations with partner countries, choose the correct development strategy and positioning, strengthen risk control, attach great importance to the performance of the corporate social responsibility and participate in local public welfare undertakings and so on. (Ding Quanli, Zhao Binyan)

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

Release of China Mineral Resources Report (2015)

Source: www.mlr.gov.cn    Citation: www.gtzyb.com      Date: October 21, 2015

Released recently by the Ministry of Land and Resources of PRC, China Mineral Resources Report (2015) revealed that in 2014, China had made efforts in the following work: further finding out its current situation, strengthening the resources saving and comprehensive resources utilization, perfecting the administrative policies of mineral resources, and improving the service level of geological work. With all these efforts, China achieved many “the first times” and “the No.1”.

Last year, China invested 114.5 billion yuan in its geological exploration with 249 large-medium ore fields are newly found. Great breakthrough has been made by China in oil and gas exploration with the geological reserves of shale gas proved to be 106.8 billion cubic meters for the first time, the newly added petroleum reserves proved to reach 1.06 billion tons and natural gas reserves amounted to 943.8 billion cubic meters. The potentiality assessment of 25 major mineral resources showed that the average identification rate of mineral resources was 30.3% with a huge potentiality of ore prospecting. It was calculated that 2000 meters under the ground contains the coal reserves of 3,880 billion tons and the related identification rate was 29.6%. As for other ore reserves, the prospective iron ore reserves reach 196 billion tons with an identification rate of 33.1%, the prospective copper ore reserves reached 0.304 billion tons with an identification rate of 29.5%, and the prospective aluminum ore reserves reached 17.97 billion tons with an identification rate of 20.3%.

The resources saving and comprehensive resources utilization was further strengthened. China formulated and released the evaluation index standard of comprehensive utilization of mineral resources. The extract recovery rates, concentration recovery and evaluation index of comprehensive utilization of 20 minerals were publicized three years in a row. 159 advanced and applicable technologies were selected to be promoted three years in a row and 661 mining companies were selected in 4 batches to be the national green mining pilot units.

The administrative policies of mineral resources were further perfected. China recommended the administrative laws and regulations for registering the mineral exploration blocks, mining registration and the administration of transferring the exploration and mining rights. China also released its geological environment monitoring administration methods and administrative penalty methods of land and resources, and canceled 23 administrative procedures for examination and approval related to mineral resources. Meanwhile, China cut the compensation fee rate for coal, oil and gases to zero and the coal tax rate will be fixed and the relevant taxes will be levied according to the coal price.

The service level of geological work was further improved. At the end of 2014, the areas of 1:50,000 surveyed regions and 1:250,000 revised regions occupy 31.7% and 61.7% of the national land areas respectively. China also achieved the comprehensive geological survey for 1∶1,000,000 regions of China’s jurisdiction sea areas. Last year, more than 170 combined exploration and production hydrological wells were constructed, which solved the problems of 300,000 people who had difficulty in drinking water. The access amount of national geological data-sharing service platform reached 620,000 times a year and the national and the provincial geological data-sharing service institutions offered the related services to the public for 130,000 times.

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

China’s “Rainbow-3” made its international debut

Source: www.cgs.gov.cn   Citation: Office of China Geological Survey   Date: October 21,2015

On October 21 of CHINA MINING 2015, “Rainbow-3”, a medium-sized UVA geophysical comprehensive measuring system developed independently by China, made its international debut. This marked that, after a two-year trial trip and trial production, the system of the Rainbow-3 has formally entered into the civil field of geological investigation and mineral exploration and began to enter into the stage of commercial use.

The Rainbow-3 system is the first comprehensive measuring system of medium-sized UVA geophysics in the world which focus on geological investigation and mineral exploration development, integrate advanced aviation magnetic and radioactive measurement methods, and will be used in the fields of basic geological survey, metallic minerals and radioactive mineral exploration. Compared with traditional manned aerogeophysical survey system, the system has four major advantages of high safety coefficient, high measurement quality, high work efficiency and high degree of intelligence, which holds a leading position in the world.

Rainbow-3 system was co-developed by Geophysical and Geochemical Prospecting Institute ASTRI of CGS, China Academy of Aerospace Aerodynamics and Airborne Survey and Remote Sensing Center of Nuclear Industry organized by China Geological Survey of Land and Resources. After the work of our scientific research personals, we completed the practical upgrade transformation, method and technological development, experiment and demonstration, and mass production of the system. The stand-alone workload can reach more than 20,000 traverse kilometers per month with the average single traverse kilometers reaching 1,200, realizing its full-year and all-climate working, which reasonably avoided the conflict with the time of the civil aviation aircraft and achieved the improvement of production efficiency and work quality.

The annual CHINA MINING Congress and Expo is an important platform of Chinese and foreign mining areas to carry out pragmatic cooperation. The Congress covers some industrial chains in the fields of geological survey, exploration and development, technology and equipment and mining services, offers a great channel for the mutual cooperation of domestic and foreign mining companies in Chinese and international market, and creates opportunities to set up business network and expand business cooperation.

For a long time, aviation geophysical measuring equipment in China could not be applied in overseas, which has been restricted by transferring machine from abroad, equipment transportation, equipment maintenance and different countries’ site condition and task cost. Rainbow-3 system realized modular production and containerized traffic, and greatly improved the efficiency of equipment transport and maintenance. Rainbow-3’s public appearance is a perfect display of domestic UVA production’s achieving civil industrialization application stepping onto the international stage. It realized the leap transition from technological achievement to industrialized development and will promote domestic drones stepping onto the stage of the world’s geological survey. (CHINA MINING Advocacy Group of China Geological Survey）

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us. For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

Mr. Jiang Daming made an opening speech of CHINA MINING 2015

Source: www.mlr.gov.cn    Citation: www.mlr.gov.cn     Date: October 21, 2015

(Photo: Zhao Xinhao, Edit: Xu Xiaojing)

On the morning of October 21, 2015, the openning ceremony of CHINA MINING 2015 was held at Meijiang Convention and Exhibition Center of Tianjin. The theme of this Congress and Expo is “New Normal, New Opportunities, New Development”. In the picture above, Mr. Jiang Daming, the minister of the Ministry of Land and Resources and chairman of Organizing Committee of CHINA MINING 2015 was delivering the opening speech.

All guests, Ladies and Gentlemen,

In this golden autumn, guests from mining industry at home and abroad gather in Tianjin to take part in CHINA MINING 2015, themed with “New Normal, New Opportunities, New Development”, and will make a discussion of the world’s mining industry development. On behalf of the Organizing Committee and Ministry of the Land and Resources of People’s Republic of China, I extend my sincere welcome to all guests and all friends, and give my best wishes for you.

At present, the overall recovery of the world economy is slow and the future trend faces many uncertainties. Facing the complex environment, such as the weak demand of the mining industry, the falling investment, the increasing market fluctuation and downward pressure, we need more confidence and cooperation than ever before, and seek more development and cooperation opportunities to promote the recovery and development of the mining industry with greater determination and courage.

We need to recognize that the economic fundamentals have supportive effect on the development of the mining industry. From the global perspective, in order to promote the recovery and steady growth of the economy, the developed economies are actively promoting the re-industrialization and the upgrade of the manufacturing industry. Meanwhile, with the emerging economies speeding up the industrialization and urbanization and the infrastructure interconnectivity in the world moving forward, the demand for mining resources will maintain steady.

The economic development in China has entered into the new normal with high-speed growth and high-end level. In the first three quarters of this year, China has made actively responses to the downward pressure, focused on steady growth, promoting the reform, adjusting structure, improving people’s living standard and preventing risks, which maintained the growth rate at about 7% and the economic stability. Without changing the fundamentals, the steady development of economy has a great prospect.

As the world`s second largest economy, China`s contribution to global economic growth reached 30%, being an important engine to drive world economic growth. With commodity prices sharply falling and the total import and export slow-downing, China’s commodity import usage does not reduce. In the first half of this year, oil imports rose 3.5% year on year and iron imports remained nearly the same.  At present, China is coordinately advancing new industrialization, informatization, urbanization and agricultural modernization, actively implementing some major regional development strategies, such as the coordinated development of Beijing, Tianjin and Hebei Province, “Yangtze River Economic Belt” and "One Belt and One Road". The old and new kinetic energy conversion has brought about the demand for energy and mineral resources.

With the support of the long time’s good economic fundamentals, China and even the global mining industry still has a good development potential, thus we should see the opportunities brought by the economic transformation to mining development. In today’s world, the breeding of a new round of industry revolution, the rapid development of high technology industry and strategic emerging industry, the formation of the new economic growing points and the increasing of demand for new energy and materials have opened up a new space for mining development.

Both the boom of the international capacity cooperation and the increasing widespread of infrastructure, equipment manufacturing and major projects offer a new opportunity for innovating the cooperating mode of mining industry and creating the global mining industry chain. Both the advance of science and technology innovation and the combination of new technologies, such as Big Data, automation, Internet and remote sensing monitoring, and the mining industry have created a new kinetic energy for mining development. Since solving the problem of climate change has become a global consensus, building a resource-conserving and environmentally friendly society raised the demand for geographic information technology which has expanded new fields for geological work.

The upcoming fifth plenary session of the 18th session of the Central Committee will make planning and deployment to build a well-off society in an all-round way and achieve the first one hundred year’s goal. Conversion of the pattern of the economic development and adjustment of the economic structure, especially the boom of the public entrepreneurship and peoples innovation , have injected new momentum and provided new opportunities for the mining development.

We should see the vast space of the open mining development cooperation. With the further development of economic globalization and regional integration, countries are actively promoting global and regional trade and investment liberalization and facilitation. Open cooperation are moving into a broader, deeper and higher level. As an active participant and facilitator of economic globalization, China will open its door further to actually create the world`s most attractive investment destination.

As one of the most globalized industries, we need to more and more tightly form a community of destiny. Countries have high dependency of mining, complementary advantages and broad cooperation space. China`s foreign investment maintain a fast growth and has become an important source of the global investment. China positively propose to build the Silk Road Economic Belt and the Maritime Silk Road in the 21st century, to set up the Silk Road Fund, to launch the Asia Infrastructure Investment Bank and to further develop investment and trade cooperation and build interconnectivity with countries and regions along One Belt and One Road. China has signed 14 free trade agreements with 22 countries and regions , and set up in Shanghai, Guangdong, Tianjin and Fujian free trade pilot zones in order to speed up building all-around opening-up structure.

Ladies and gentlemen, dear friends,

Mining industry is the foundation industry of the national economy and is playing an important role in promoting economic growth, absorbing employment and improving people’s livelihood. Chinese government has attached great importance to the sustainable development of mining industry and focused on cultivating the endogenous driving force of mining development through deepening reform and expanding opening up in order to lay a solid foundation for mining recovery and prosperity.

Firstly, we should focus on enhancing resource sustainable support capability. We insist on focusing on our own country, continue to promote the strategic action of Prospecting Breakthrough. Through strengthening geological survey and mineral exploration on energy and shortage minerals, we have basically found out the resource bases of 25 main minerals. Some mineral proven geological reserves remain high growth, such as coal, oil, natural gas, iron, copper, uranium, lead, zinc, forming a batch of important reservoirs of mineral resources. We insist on saving priority, strengthen the saving and comprehensive utilization of mineral resources, focus on enhancing the level of comprehensive and recycling utilization of mineral resources, complete 22 important mineral survey and assessment work of "three rates", promote 159 items of comprehensive utilization of advanced technologies in three batches, steadily push forward the construction of the first group of 40 demonstration bases of mineral resources comprehensive utilization, and have made achievements in getting specific information of resource comprehensive utilization and improving resource use efficiency and economic benefits. We insist on protecting the ecological environment, vigorously developing the green mining, promoting harmony and unity between resources development and environmental protection, community development, fully implemented margin system of the mine geological and environmental governance restoration, approved 661 state-level pilot unit of green mining, promoted the construction of 72 national mine parks, and formed good situation of green mining development .

Secondly, we should promote the reform and innovation of mining management. We continue to deepen the reform of the administrative examination and approval system, improve the enterprise management environment, and promote mining investment facilitation. Since 2013, upon the decision of State Council, Ministry of Land and Resources has canceled 24 mineral resources management administrative examination and approval items, including examination and approval of mining right setting scheme, prepositive examination of Sino-foreign cooperative exploration and developing mineral resources cooperation, strived to realize combination of free and control and service optimization. We actively promote the reform of oil and gas resources development and take concrete steps to open the market in order to ensure fair access, to activate market and to realize orderly competition. In July this year, we launched the pilot reform of the development and exploration of oil and gas in Xinjiang and launched the first five oil and gas resources plots in public bidding, which has gained positive response from the market. We have vigorously promoted the public welfare geological work data, opened to the society, set up a multi-tiered, distributed, trained information sharing platform and service system to enhance ability of the geologic data service. Our sub-institute, China Geological Survey will for the first time publish 1000 pieces of 1:50000 regional geological map, 110,000 pieces of information service directory of national mineral resources potential evaluation results and nearly 100 pieces of marine geological survey results map, released data of 350,000 geological borehole for the second time.

Thirdly, we should focus on deepening international cooperation. We implemented the basic state policy of the opening up, further promoted international cooperation in the field of mineral resources, welcomed foreign companies to invest and explore and develop mineral resources, and encouraged competent Chinese enterprises to invest overseas. We will work with countries and regions along “One Belt One Road” to make geological research and geology survey, draw up and issue the cooperative research results, such as Asian Groundwater Sequence Diagram, and provide services for the line-side areas in infrastructure interconnectivity and economic corridor construction.

We actively develop bilateral and multilateral cooperation. Ministry of Land and Resources has established friendly and cooperative relations with more than 100 countries and regions from five continents in the world, carried out pragmatic cooperation with multilateral institutions, such as APEC, World Bank and International Union of Geological Sciences, and strived to play a positive role in promoting the development of the international mining industry.

Ladies, gentlemen and dear friends,

With today’s development of the economic globalization, world multi-polarization and social informatization, it is our common desire and responsibility to create a moderate sustainable, open and inclusive, and for the future global mining industry. To this end, I wish to make four initiative:

Firstly, we should adhere to innovative development. Innovation is the basic power for the sustainable development of mining industry and is the only path to mining recovery growth. The more difficulties, the more we should rely on innovation and give full play to the guidance and supportive effect of innovation driven. We should vigorously promote institutional innovation, make the market plays a decisive role in the allocation of resources, better give play to the role of government, improve system standards in dialogue mechanism of mineral resources, transfer management, mining right transfer, economical utilization and mine environment management, and improve the level of supervision and services.

We should vigorously promote operation and management innovation, encourage mining enterprises to follow the rules of market economy and mining development, innovate management mode, improve the operation benefit, and constantly enhance their strength and market competitiveness. We should vigorously promote science and technology innovation, strive to strengthen key areas and crucial links of mining technology research, promote the development, promotion and application of new theories, new technologies, new methods, new techniques, new equipment, and promote sustainable development of mining industry.

Secondly, we should insist on green development. Green development is the trend of the world and it is the common responsibility of the world’s mining construction. We should focus on building the ecological civilization, readjusting the concept of respecting nature, complying with the nature and protecting nature, adhering to the development in the protection and protection in the development, and unifying the resources development and environmental protection. We should reduce the influence mineral development on ecological environment as much as possible, promote green, low carbon and circular development of mining industry. We should stick to save priority, apply the resource conservation and efficient use to the whole process of mining development, comprehensively use measures of economy, legal, science and technology, and vigorously improve the level of saving and comprehensive utilization of mineral resources. We should improve the system and mechanism of green mining development, make the communication of green mining policy management standards in order to open the way for mining sustainable development.

Thirdly, we should adhere to the inclusive development. Realizing inclusive and shared development is the social responsibility of developing mining industry, and also the important guarantee to the healthy development of the society. We should adhere to the concept of people-oriented and inclusive development, actively build the mechanism of equal dialogue, development compensation and benefit sharing, and realize the reasonable allocation of mining development benefits among each related interest subjects. In the pursuit of economic benefits, mining companies should pay more attention to and support issues, such as local environmental protection, employment, infrastructure improvement, development of social public welfare undertakings, strive to balance the comprehensive benefit of economy, society and ecology.

Fourthly, we should adhere to the cooperative development. With countries’ mining industry depend on each other, cooperative development is the core solution to  overcome difficulties and create a new future. We will comply with the open world trend of cooperation, build new relationship with win-win cooperation as the core, and build a global mining community of fate. We should actively carry out policies and measures to promote facilitation and liberalization of mining industry trade and investment, and create a good mining investment and business environment. We will speed up creating  important mineral docking and coordinating mechanism, deepening the cooperation in the fields of mineral exploration, development, processing, trade, investment and price, driving the extension of the global mining industry chain. We should actively carry out international capacity cooperation, strengthen national docking in the aspects of capital, technology and equipment and coordination on market regulations and standards, promote infrastructure interconnectivity and achieve mutual benefit of development and win-win cooperation.

Ladies and gentlemen, and dear friends,

With 17 years’ development, CHINA MINING has become an important platform for international mining industry’s dialogue, exchanges and practical cooperation. let us make this Conference and Expo as the new starting point, hand in hand, shoulder to shoulder, overcome difficulties, jointly create a better tomorrow of global mining industry.

Finally I wish a full success for CHINA MINING 2015!

Wish every guest here good health!

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2015, please visit: m.balanzskin.com.

Mr. Wang Min toured the exhibition of CHINA MINING 2015

Source: KHB        Citation: KHB     Date: October 21, 2015

On the afternoon of October 20, 2015, Mr. Wang Min, the vice minister of the Ministry of Land and Resources, PRC, and vice chairman of the organizing committee of CHINA MINING Congress and Expo toured the exhibition of China Mining 2015 and listen to the staff introducing the details.

(Source: www.chinamining.org.cn)

About CHINA MINING

Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20^th-23^rd, 2015. We invite you to join the event and to celebrate the 17^th anniversary of CHINA MINING with us. For more information about CHINA MINING 2015, please visit: m.balanzskin.com.