Over half of the mining investment in Mongolia is from China

Source: www.mlr.gov.cn  Citation: www.chinamining.com.cn  Date: Nov 05, 2013

In the session of "Policy and Finance" of CHINA MIINING 2013 which was recently held, Chulunbat who is the vice minister of economic development of Mongolia, expressed that mining economy was an important impetus for Mongolia`s economic development. Mining economy of Mongolia accounted for 20% of the Mongolia`s GDP and 70% of the overall industrial production value and19% of export trade value. According to the report, for a long time, over half of the mining investment in Mongolia is from China.

The reporter learned from the forum that the updated investment law of Mongolia passed in early October this year came into force on 1 November, and series of supporting laws included Mining Act and Environmental Law will also be launched in recent months. The new investment law describes that mining and other industries of Mongolia invested by foreign state-owned enterprises hold the proportion of shares more than 33%, then the enterprises only should be approved by government departments of their countries and need not again submitted to parliament for approval.

In recent years, the legal environment of Mongolia is changeable. A series of policies and measures had weakened the foreign investments in this country. And these policies and measures have been complained by a lot of foreign enterprises including Chinese enterprises. Therefore, the local investment environment has been affected, resulting in a large number of foreign enterprises have to evacuate.

It is understood that since this year, foreign direct investment in Mongolia fell 41% year on year which led directly to a decline in the country`s foreign exchange reserves and national currency devaluation and other issues. It also had a great influence on the development of the mining economy in this country. Taking an example of gold mine, gold production of this country was only 2.5 tons last year, and substantially reduced over the previous few years. The phenomenon of illegal gold mining has become increasingly severe.

Chulunbat said that Mongolia`s authorities had realized that formulating policies and laws previously set was rather one partial. Implementation of the new investment act will help to restore the interest loss of foreign investment and create the investment environment of " have a better development opportunity, have a more stable development space"

In addition, recently Long-term Development Program for Mongolia-China Strategic Partnership which is signed by Mr. Norov Altankhuyag,. Prime Minister of Mongolia, during his visit in China with Chinese government clearly shows that the two sides will comprehensively deepen pragmatic cooperation in economy and trade in accordance with the general idea of the mineral resources development, infrastructure construction, promoting the overall development of financial cooperation. And according to the consensus reached by both sides, the two countries will further expand these projects such as the natural gas, coal, refined oil trade and railway construction, the bank cooperation projects. (Zhou Tao) (Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

Regional geological survey highlights prospecting breakthrough

Source: www.mlr.gov.cn  Citation: www.gtzyb.com  Date: Nov.5, 2013

On Nov.3rd, The Progress and Achievements in Geological Survey forum of CHINA MINING 2013 was held. The journalist learned from the forum that China would continue to strengthen geological survey in important metallogenic area. A batch of newly-found mineral occurrences and prospecting clues pointed out the direction for prospecting.

China had completed 1:50000 regional geological survey with an area of 210,000 square kilometers (accumulatively completed 630,000 square kilometers in 3 years), which had improved work in metallogenic area by 17%. More than 590 mineral occurrences had been newly found and regional geological features and prospecting background had been ascertained by regional geological survey; 4126 geophysical anomalies had been discovered, 218 geophysical anomalies had been verified, ore had been found in 42 geophysical anomalies; 309 geochemical anomalies had been zoned, 56 geochemical anomalies had been verified and ore had been found in dozens of geochemical anomalies. Besides, China had carried out 21 fundamental geology comprehensive studies in the important metallogenic belts, creatively worked out metallogenic geological background map which could provide detailed and intuitional geological background information. China also obtained new ideas in the research of big regional fundamental geological problems, which pointed the way for future prospecting. 

Xiao Guiyi, Deputy Director of Foundation Department of China Geological Survey, introduced that exciting discoveries of prospecting in many areas resulted from regional geological survey. 63 mineral occurrences had been discovered around metallogenic belt of Qaidam Basin; 38 mineral occurrences had been discovered in metallogenic belt of Kunlun-Altun Mountain. Prospecting of copper multi metal and iron ore had made great progress; More than 20 mineral occurrences had been discovered in metallogenic belt of Tianshan Mountain; 64 mineral occurrences had been found in the north of metallogenic belt of Great Khingan. China Geological Survey will continue to stress metallogenic belt and strengthen regional geological survey in scale of 1:50000 and 1:250000.  (Wang Shaoyong)  (Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

Iron Ore - Speed up the base construction of overseas supply

Source: www.mlr.gov.cn  Citation: www.gtzyb.com  Date: Nov. 5, 2013

CHINA MINING held two forums with the theme of iron ore on Nov. 3rd. Researchers and entrepreneurs from domestic and foreign mining field conducted a comprehensive analysis and interpretation about current and future global iron ore production, supply and demand and price trends and other hot issues. They put forward some suggestions on how to deal with the challenge of Chinese resources——Accelerate the pace of overseas iron ore supply infrastructure.

Wang Yingsheng, director of Market Research Department of China Iron and Steel Industry Association, introduced that since 2011 the domestic steel prices plummeted, and the current price is the same as that of 20 years ago. However, the cost of production has increased substantially and therefore the entire steel industry entered into low profit or loss situation. Even so, in the long run, as China`s urbanization, industrialization and agricultural modernization, the demand for steel will still maintain a growth trend. As the international countries engaged in their exploration and development of iron ore currently, the global iron ore production has been increasing. We can expect in the next few years, the global iron ore supply will be adequate with an annual output of about 0.7billion ~ 0.8billion tons.

Wang Jionghui, the GM of Exploration and Development Company of China Minmetals Group, said in his speech, up to now, our dependence on foreign iron ore rose to 68.5% with a consumption of 5.3 tons of iron ore resource per capita, which has great difference between China and the other developed countries. It has a great potential in the iron ore exploration market.

Wang Jionghui said, up to now, the four iron ore giants BHP, Rio Tinto, vale and FMG`s iron ore production accounted for 40% of the total output of global iron ore, its shipping capacity accounted for 70% of the one of the whole world. From 2013 to 2019, global iron ore production will be planned to add750 million tons, of which four iron ore giants accounted for 480 million tons which is 64% of the production planned to add The four global iron ore base, namely Australia, Brazil, India and South Africa has been formed gradually in the future. Therefore, the current challenge we need to face was highly centralization of the global iron ore supply structure and the monopoly prices as well.

Wang Jionghui suggested that in order to cope with the long-term monopoly situation by iron ore, China`s mining enterprises should accelerate the construction of overseas iron ore base. If the overseas iron ore mining rights increased, it would make the iron ore prices return to a certain level, otherwise the price situation monopolized by four giants was difficult to break.

Chen Jiabin, director of manage research room of China Land Resources Economy Research Institute, also introduced in his paper the comprehensive utilization of the iron ore tailings. At present, the discharge amount of iron ore tailings was about 800 million tons, and the average grade of iron was more than 10.5%, which distributed in the iron ore raw material base. Among them, 25%iron ore tailings can be recyclable to reuse, but the mining our country did not carry out utilization comprehensively accounted for the majority. The comprehensive utilization of tailings has a great potential. (Wei Yufang)(Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

Gold --- Science and technology are the engine of sustainable development

Source: www.mlr.gov.cn   Citation: www.gtzyb.com  Date: Nov. 5, 2013

On Nov. 3rd, on Gold forum of CHINA MINING, Du Haiqing, deputy general manager of China Gold Group Company, said the gold enterprises must strengthen scientific and technological innovation in our country to overcome the difficulties, which was determined by the status of China`s gold industry.

"Scattered distribution of resources and limited resources, needed to improve production technology and equipment level, safe environmental protection, energy conservation and emissions reduction, high-tech and high value-added gold products remain to be further developed." Du Haiqing summarized the four phenomena China`s gold industry were facing.

How to implement the strategy of scientific and technological innovation drive and promote the sustainable development of industry health? Du Haiqing thought the five aspects:

Innovation to drive became the major strategic development strategy of gold industry. After several years of rapid development of gold industry in China, we had transformed from too dependence on capital expansion, resource consumption and labor intensive extensive management pattern to more rely on technological progress and management innovation of intensive mode. Therefore, science and technology innovation strategy must be promoted to a high level.

We should enhance the independent innovation ability and break a batch of key core technologies. These needed-breaking technology included geological prospecting, deep mining, mineral smelting and difficult technology, comprehensive utilization of resources, gold products research and development and deep processing, etc.. Through the breakthrough of these key core technologies, we could discover and cultivate the new economic growth point of gold industry.

We should strengthen the cooperative innovation and expand opening up and cooperation of science and technology. On the one hand, join hands with the world`s leading companies to cope with the challenge of the development of gold industry. On the other hand, strengthen the university-industry cooperation and establish the long-term mechanism. Strengthen the cooperative innovation between enterprises, industrial chain, improve the efficiency of innovation, reduce the risk of innovation to format complementary advantages, a clear division of responsibilities, achievement sharing, risk-sharing mechanism of open cooperation.

We should Improve the mechanism of the talent development and strengthen the construction of talent team. Gold enterprises should further establish more flexible talent management mechanism, accelerate the construction of reasonable structure, good quality, strong innovation ability of science and technology talent team to further improve the evaluation of scientific and technological personnel, selection, training, use, and incentive mechanism. Through major project implementation and integration of science and technology, foster a batch of science and technology talents with leading-edge level and innovation team. Complete enterprise innovation base construction to attract high-level talents from home and abroad.

We should create a favorable policy environment, strengthen the construction of innovative culture, such as strengthening the protection of intellectual property rights, perfecting the tax policy, increasing the government investment in science and technology, and increasing the capital markets for technology support, etc. (Yu Defu)    (Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.


Mining-rich countries extended olive branches to Chinese mining enterprises

Source: www.jwb.com.cn  Citation: www.jwb.com.cn  Date: Nov.5, 2013

Recently, reporters from the CHINA MINING 2013 which was held in Tianjin are informed that the officials in charge of the mining department from more than 10 countries, such as Canada and Australia, had delivered keynote speeches one after another. Some of them came to the booth and introduced domestic mining development and investment. They extended olive branches to Chinese mining enterprises and seeked for opportunities of international cooperation.

The Hon. Ms. Marian Campbell Jarvis, Assistant Deputy Minister of Natural Resources, Minerals and Metals Division, came to Meijiang Convention and Exhibition Center N5 booth yesterday promoting to Chinese mining companies, “Canadian mining capital market is developed. About half of the global mining projects financing are completed in Canada.” Marian Campbell Jarvis said. Since China and Canada had established formal diplomatic relationship more than 40 years ago, the two countries maintained good development relation, and this year they would improve the investment environment in order to attract more Chinese entrepreneurs to invest.

“Chinese brother” was used as an affectionate name to Chinese entrepreneurs by The Hon. Jorge Mayoral, State Secretary of Argentina mining industry, federal program, public investment and service division, mining industry secretariat. Jorge Mayoral said that the two sides in the cooperation in the field of mining industry could be strongly complementary and would negotiate and improve in terms of labor protection, environmental protection and public responsibilities in order to provide more business opportunities and security for Chinese companies to invest in Argentina mining industry.

“We offer ‘one-stop’ services on mining right application and the downstream factory of enterprises’ construction will also be encouraged by the government,” said The Hon. Kamal Abdel Latif, Minister of Minerals of the Sudan.

In addition, more than 10 countries, such as Peru, India, introduced their own preferential policies to Chinese enterprises, including corporate tax, mineral right term, infrastructure security, enterprise right security, etc. These mining powers’ extending olive branches implies that the influence of CHINA MINING will increasingly improve and the implementation of the strategy of “going out” has achieved positive results. (Lei Fengyu)(Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

The Ministry of Land and Resources granted Tianjin "China Hot Spring City" Award

Source: China Daily  Citation: China Daily   Date: Nov.5, 2013

CHINA MINING Congress & Expo 2013 has opened on November 3rd. As one of the sessions, the keynote session "Developing geothermal industry and constructing ecological civilization “was held in Tianjin Binhai New area yesterday (November 4th). During the conference, the Ministry of Land and Resources awarded the "China Hot Spring", "China Spring City", "Hot Spring(geothermal) Development and Utilization Demonstration Units" to Tianjin Municipal People’s government, Baodi District of Tianjin Municipal People`s Government, Jinghai County People`s Government, Tianjin University of Technology and Bohai Petroleum Hydro Service Corporation respectively. The Ministry of Land and Resources together with Tianjin City Hall unveiled for "China Hot spring", which marked "China hot spring" was officially settled in Tianjin.

It was reported that the Ministry of Land and Resources previously announced the selection results of the first batch of "Chinese Spa Town". With its rich results of reserves, exploitation and utilization of geothermal resources, Tianjin City and Chongqing City, Fuzhou City gain first honorary title of "Chinese Spa Town" Baodi District of Tianjin Metro and Jinghai County Tuanpo Metro were named "Chinese Spring City".

Tianjin University of Technology and Bohai Petroleum Hydro Service Corporation were named " Hot Springs(Geothermal)Development and Utilization Demonstration Unit". Till now, The city become the only big city of "China Hot Spring”, “Chinese Spring City", "China Spa Town", "Demonstration Unit of Development of Geothermal Energy Utilization ", which laid the foundation to build demonstration base of multi-level, multi-field demonstration effect of the development and utilization of geothermal and hot spring culture display base.

For the rational development and utilization of geothermal energy, reducing carbon dioxide emissions and promoting the development of low carbon economy, the Ministry of Land and Resources has carried out the naming and creation work of the "China Spa Town" in 2010. Such provincial capital city or city specifically designated in the state plan could declare “China Hot Spring", which were rich in geothermal resources, rational development and utilization, sound management and protection system, and outstanding in the development of low carbon economy, spa (geothermal)culture, development and utilization of technology as well as recoverable heat fluid volume greater  than 20000 cubic meters / day. From the beginning of 2010, Tianjin has launched the creation work of "Chinese Hot Spring".

It was reported that Tianjin city belonged to type of Low temperature deposition basin which distributed in the scope of 8700 square kilometers, accounting for about 77% of the total area. At present, the exploitation of geothermal fluid was 76.066 million cubic meters / year (25 ℃) and available heat energy was1.30×1016joule per year, i.e. 4.43×105 tons of standard coal equivalent. In addition, Tianjin city also had a rich shallow geothermal energy. The available resources of the rock below the surface and the shallow geothermal energy underground water were 1748 trillion kJ with winter heating area of 1.34 billion square meters and the summer cooling area was 1,26million square meters.

By the end of 2012, the geothermal exploitation wells registered were 285, extraction and filling systems were 90.In 2012, the total extraction volume was 32.5million cubic meters and recharge volume was 13.10 million cubic meters. Its recharge rate reached 40%. At present, all the heat reservoir were equipped with a recharge well and the number of recharge well was still increasing year by year. Geothermal development was equivalent to annual savings of 265,000 tons of standard coal (371,000 tons of coal) with a reduction of the carbon dioxide emissions by 632,000 tons. Geothermal heating residential and public building were 213, coving an area of about 15.53 million square meters (about 5% of the total area of the city central heating and is the largest city supplying heating by the utilization of geothermal resources); 113 districts were supplied hot water by geothermal heat, i.e. around 100,000 households; a total of 11 agricultural facilities units using geothermal resources, which covering an area of about 10 million square meters; spa tourism in a total of 8 units with a construction area of about 210,000 square meters and the number of hot spring bath was about 9.5 million passengers / year. According to incomplete statistics, the city`s projects of developing and utilizing shallow geothermal energy resources reached more than 200, with an area of about 5.75 million square meters.

It was reported that to build beautiful Tianjin and rationally use clean energy, the city enacted "Regulations of Tianjin City Geothermal Resource Management", which clear geothermal departments, unified planning and management, developed and utilized scientifically, establish a strict management system, and worked out the planning of development and utilization of geothermal resources. Meanwhile, the city also built a dynamic monitoring network, which closely monitored the real-time status of all mining wells and recharge and gave the effective protection of resources and environment to maintain a sustainable use. 

During "The 12th Five Year Plan" period, the city would further strengthen the management of geothermal resources, give scientific establishment of utilization plan of geothermal resources, vigorously promote and apply geothermal gradient utilization and recharge and other new technology on the basis of the construction of the Jingjin Metro Group, Dongli lake and Mission Park Lake in accordance with the principle of "Developing in Protection, Protecting in Development "together with "Beautiful TianjinNo.1 Project", which promoted the development and utilization of the geothermal demonstration project and constructed a number of tourism projects characterized by the spa physiotherapy, leisure and vacation and in order to enhance the cultural quality of Tianjin, construct ecological civilization, promote the construction of "China Hot Spring City".

During the forum, Professional Committee of Geothermal of China Mining Association, People’s governments of Chongqing City and Fuzhou City and Land and Resource & Housing Management Bureau of Tianjin City respectively delivered keynote speech on "Development and Ecological Civilization Construction of China Hot Spring City (Town, Village)". ( Wu Mei/Feng Wanxin)(Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

China’s dominant mineral products spot trading platform launched

Source: Tianjin Daily   Citation: Tianjin Daily  Date: Nov.5, 2013

Our journalist learned from CHINA MINING 2013 that Tianjin International Mining Exchange held Risk Exploration Capital Market Strategic Investors Signing Ceremony and Launching Ceremony of China’s Dominant Mineral Products Spot Trading Platform, which marked Chinese risk exploration capital market construction had been officially launched and China’s Dominant Mineral Products represented by tungsten products had entered electronic transaction age.

This GEM aims to mining enterprises, especially capital market of risk exportation enterprises. It will provide financing platform for risk exploration enterprises, expand financing channel for domestic mining projects and accelerate socialization of exploration projects investments that conform to mining development rules. At present, Tianjin International Mining Exchange is carrying out the docking between overseas international standard and original geological exploration rules to formulate China’s own rules of capital market construction of risk exploration enterprises.

It was introduced that the first stage of market construction was outside financing transaction which could provide customized financing service for mining enterprises having financing needs and make customized financing plan for equity financing program of mining companies which could be summed as “one to one” and “one to many” financing. (Hu Xiaowei)(Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

Mining in Chile forum of CHINA MINING 2013 held

Source: www.mlr.gov.cn   Citation: www.gtzyb.com  Date: Nov. 5, 2013

On Nov.2nd, Mining in Chile Forum of CHINA MINING 2013 was held. The mining administrative department, mining enterprises and representatives of the mining industry from China and Chile were present. Relevant personnel of Chile Embassy in China, the Committee on Foreign Investment in Chile, Department of International Cooperation & Science and Technology, the Ministry of Land and Resources attended the forum and made the speech.

Bai Xingbi, Vice Director of International Cooperation & Science and Technology Department, the Ministry of Land and Resources, said that both China and Chile were important mineral resources countries, and mineral resources cooperation were highly complementary. China and Chile were important trade partners. In recent 10 years, Chile had grown by an average of 28.5% on exports to China, including copper, molybdenum, iron and other minerals, Because of the active investment, it had formed a number of important mining investment projects, especially Minmetals Group, Tongling Nonferrous, Mining Bureau and enterprises in Jiangxi Province who had successfully carried out the mineral exploration and development investment in Chile, realizing a win-win development in harmony with the local community. Bai Xingbi said the rich mineral resources and good mining investment attract Chinese enterprises to invest. Promoting cooperation would benefit the economic development of both countries. Based on existing cooperation, we should expand the mineral resources research, share mining information and construct geological information database to encourage bilateral trade and investment policy and constantly raise the level of mining cooperation.

Jin Long, Chile embassy counselor, said that Chile was an open country and had signed free trade agreement with 59 countries. In foreign trade, China is Chile`s important trading partners. In 2012, Chile exported 345 kinds of products, and the world’s exports to China were more than 4800 kinds of products exports which meant that Chile and China`s trade had a lot of opportunities. Chile was the Latin American region`s mining center. Among the world`s most important 15 copper companies, 11 ones were set up in Chile. Chile was the world`s largest copper producer. The annual output in 2012 was 8.4 million tons of copper, and Chile`s copper reserves accounted for 28% of the world.

"If you ask me What are the advantages of investment in Chile? My answer was that we had a stable legal security system, equal and no discrimination of preferential policies." Jin Long said. (Ding Quanli) (Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

Exchange and cooperation to the theme
---Sidelights of CHINA MINING 2013

Source: www.mlr.gov.cn   Citation: www.chinamining.com.cn   Date: Nov. 5, 2013

 

Handshake, greetings and exchanging business cards are the beginning of meeting among new and old friends.

The annual CHINA MINING has gradually evolved into a luxurious big party for the head of the global mining industry. Although the theme of the conference constantly changes, there’s one subject never changed----exchanges and cooperation.

On November 2 ~ 5, 2013 CHINA MINING was held at Tianjin Meijing Convention and Exhibition Center. Now, the world economy is going through difficult recovery, and global mining is still recovering. For the organizers, holding such meeting will undoubtedly take more risks.

But the concern is useless, as the number of delegates attending the meeting was so large. According to the data released by CHINA MINING Organizing Committee. From more than 50 countries and regions, the experts, scholars, and representatives of mining companies, financial institutions a total of more than 7000 people attended, including more than 1500 foreign friends, more than 400 domestic and foreign exhibitors. The scale has exceeded ever before. 

China has successfully held the 14th CHINA MINING, and this is the 15th event. As Asia`s largest mining event and one of the world`s top four mining conference, CHINA MINING has become an important platform of information exchange and investment cooperation for the international mining industry.

Like a stream of warm current, CHINA MINING brings opportunities to the mining industry.

Introduction of CHINA MINING

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.

Themed with “Opportunity, Challenge, Development”, the conference discusses around sustainable development of the mining industry, the global mineral exploration, mining and capital market, green mining, harmonious mining area, comprehensive utilization of mineral resources, etc.

This conference demonstrates several luminescent spots, such as frugality, service content expansion and increased project humanity. Time arrangement is rather compact. The afternoon before the opening ceremony of the conference, Organizing Committee began to arrange some stream forum, which was different from the past. (A2) (connected to A1)

After half past eight, On November 3rd, the large conference room which could accommodate thousands of people had been crowded with people. At 9 o `clock, Xu Deming, vice minister of the Ministry of Land and Resources, declared the opening of the conference.

According to the information published, in recent years, China`s key metallogenic zone 1:50000 regional geology and mineral resources survey coverage increased by 5% per year, and completed 25 kinds of important mineral resources potential evaluation, such as iron, copper, aluminum, and potassium, etc. For the oil, natural gas, coal and uranium, molybdenum, nickel, it had discovered a group of world-class reserves of ore deposits, which made the mining capacity increase from 6.8 billion tons to 10 billion tons. Besides, coal, copper, iron, phosphorus and other minerals mining recovery rate, ore dressing recovery rate and comprehensive utilization increased by 0.5 ~ 1%.

Jiang Daming, the minister of The Ministry of Land and Resources, made the comment for China`s mining industry: the sustainable and healthy development of China`s mining industry not only effectively supported the construction of modernization in China, but also made an important contribution for global mining and stable development.

As the host, the booth of Chinese Ministry of Land and Resources attracted a lot of industry experts to visit and consult. At the same time, the booths from provinces, autonomous regions and municipalities also attracted many industry experts to visit. According to their own circumstances, they made detailed materials. The delegates from domestic and foreign mining companies could directly get the information from the official window which made them feel fruitful.

The achievement that Provincial departmental and some large exploration company achieved showed China’s mining industry had a large market owning great developing potential.

Jiang Daming said that the economy had entered into a new stage of rapid growth; the Chinese government should give priority to the transformation of the mode of development and adjustment of the economic structure. The government should keep the independent innovation as the core strategy, the release of "dividend" reform and give play to the role of the market as the developing power, make the synchronous rapid advance in industrialization, informatization, urbanization and agricultural modernization, and make the quality and efficiency of economic development steadily rising.

Jiang Daming said the Chinese government attached great importance to the mining industry`s ability to support economic development, vigorously promote mining industry’s scientific development, through the implementation of prospecting breakthrough strategy, comprehensive utilization of resources, green mining and harmonious mining area construction, we could increase resource supporting capability, change the pattern of resources using and improve the efficiency of resource utilization.

Building Mining Communication Platform

"Hello, welcome!" In front of the foreign government booths, foreigners with different colors of skin greeted you. A phrase like that had become an international language here.

Before a foreign booth, there were couplets played "a fence is holed by three piles, a brave man is helped by three people" which is a Chinese old saying. With great affinity and typical Chinese cultural features, they won a lot of attention for the platform.

During the Mining congress, as long as you take out the card to exchange, there would be a lot of big mining company managers to exchange with you. Therefore, CHINA MINING could be called the feast of mining’s managers.

CHINA MINING has been held for 15 years. For the past 15 years, the original of the conference has not been changed. That is connecting the Chinese mining industry with the international mining industry to introduce to the international mining industry. Through the presentation of the mining investment policy and environment in our country, we can strengthen exchanges and cooperation between enterprises and promote the exploitation of mineral resources “introduced in" and "going out".

China`s economy has entered into the new stage of development with innovation driving and scientific development. In the third plenary session of the upcoming eighteen of the communist party of China, important strategic deployment will be made to deepen reform. Therefore, the important mission is to further deepening the reform and opening up of the mining industry, improve the ability of domestic mineral resources comprehensive security, and ensure the continued development of the Chinese economy.

Reporters shuttled between different booths; they saw people discussing the business. The exhibition had become an indispensable platform. In the stream forum, the experts and scholars were researching and discussing. Through the conversation between experts and scholars, foreign representative could enhance the understanding of China and China`s mining which would help them to make objective and rational judgments.

During the mining congress, many foreigners chatted with people in Chinese. They talked at the door of the meeting room or at the instant of the leisure rest against the wall, even in the bathroom door. The hands with different color of skin held together. Delegates and exhibitors in different countries and nations chatted in a manner of Chinese and do business with each other. Many foreign representatives said they hoped that they can communicate through face-to-face  to enhance a mutual understanding and build a good relationship for the further cooperation.

"For all kinds of investors, including foreign companies, we will advance the opening up of the mining right market and strive to create open, fair, multiple mineral resources exploration and development investment pattern. At the same time, we will continue to deepen the opening and cooperation of geological and mineral resources field. In accordance with the relevant laws, we encouraged foreign enterprises fully use the capital, technology, management and other advantages to actively participate in China’s mineral resources exploration and development, comprehensive utilization of mineral resources, shale gas exploration and development. Therefore, we can share the development of Chinese mining opportunities." Jiang Daming said, we also supported Chinese companies to make foreign mining investment cooperation, fully take advantage and responsibility, and reach mutually beneficial basis between the host country and local community.

In the Cross-border investment and financing conference, Yang Yirui, director of policy department, Ministry of Foreign Affairs, said in order to build favorable environment and promote bilateral relations, the Ministry of Foreign Affairs signed up the foreign investment protection agreement with relevant foreign departments and evaluated investment risks of different countries to provide consultation for the private enterprises. He suggested that if there was any problems with the mining enterprises, they could contact the embassy immediately. Our country was the strongest backing.

Mining stages--- win-win cooperation

"Different countries have different kinds of resources, and mining economy is closely dependent. Therefore, deepen exchanges and cooperation and promote complementary advantages are the paths to realize a win-win development.” Jiang Daming said.

"Now, our relationship has grown into a solid, open and healthy relations between the two countries. We can often frankly communicate with each other. Over the years, we continues to strengthen our diplomatic relations and friendship. Trade between our two countries has increased to $125 billion last year." The Australian industry minister Ian Macfarlane said at the conference.

"For China, I think the supply of rich and reliable natural resources in Australia is an important element for the economic development.” Ian Macfarlane said. As China and the Asia-pacific region continue to develop, the need for the natural resources, especially energy demand, will rise. By 2035, the global per capita resource consumption is expected to increase 20%, while China`s growth will be higher, it is expected to grow by 22%.

Ian Macfarlane said that today people were hungry for resources, secure and clean energy supply in Australia would become an important fulcrum for Chinese economic development, and it would play an important role in the steady development of the whole region.

Obviously, the words that Ian Macfarlane said and the viewpoint of Jiang Daming formed a good echo.

Mr. Guy Saint-Jacques, Canadian ambassador, said that China needed more resources, including minerals, energy, and forestry resources. They had very good basis for mining, and therefore could help China meet the demand and enable the two economies to achieve even greater development and prosperity. Canada had related business with over 100 countries. They had a lot of opportunities, and could also receive global investment, including mining investment from China.

Introduction: Now, Canada has 60 kinds of minerals. The export of several kinds of precious metals rank the world’s top five, and other mining products have become more and more important. Canada is also working on this aspect of the development. Because Canada has very good natural endowment, human resources, and good technologies.

"On the aspects of mining, we all have a lot of knowledge and experience. Therefore, Canada has become a very important country in the global mining exploration, which absorbs 8% of the world`s investment. Canada has good economic foundation and low cost which make a very good investment opportunity. Canada has a very good investment environment; tax policy is also very competitive." Mr. Guy Saint-Jacques said.

As the world`s famous mining giants, obviously, it is representative that Australia and Canada are looking forward to working with China in mining industry. The reporter saw that the booths from the two countries had been more than half of the foreign booths.

As the global financial crisis has not gone, people in the world are envious about Chinese people. Attracting Chinese capital to resources development has become a strong desire for international mining industry.

Take a set of data and then leave a name card. At the conference, this is almost the most basic request of each booth. Take away my profiles; please leave your contact information. Perhaps cooperation will start here. (Li Ping) (Translated by TLRHVC)

About CHINA MINING

As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. 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 2013 were held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.

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