CHINA MINING News

"Bring in" and "going out" & "helping the private companies with green mining"
Source: www.mlr.gov.cn  Citation: www.mlr.gov.cn  Date: Nov.7, 2012

At the first weekend of November, CHINA MINING Congress & Expo 2012 was held in Tianjin as you expected. There is no doubt that CHINA MINING, as one of the biggest in Asia and one of the premier mining event in the world, has become the important platform for communication and cooperation involving forums, exhibition and special activities, attracting the world`s attention. Reporters got the following data from the news brief: 6000 delegates will have registered, including mining ministers or vice ministers of nearly 30 foreign countries (regions); Exhibition area is up to 25, 000 square meters with nearly 400 exhibitors at home and abroad. There will be 3 Keynote Sessions, 31 Breakout Sessions and 9 Country Investment Project shows. Sometimes, figures are convincing, but not attractive. So, what will be hot issue in this event? What will appeal to you? For the above, the reporter made an interview to explain and predict the key words concerned about and introduced the background of the mining reform and development of China in the recent past year. 1. Key words: Join Hands To Meet Challenges And Promote Sustainable Development Because of uneven distribution of global mineral resources, no country can only depend on their own resources to develop well. As to them, resources must be allocated reasonably, which determines the countries must strengthen mining cooperation to seek greater development in the process of promoting global mining development and prosperity. Especially in the current economic situation, the international mining companies should  continue to deepen the communication and cooperation to overcome difficulties, and speed up the prospecting breakthrough to boost the confidence. The theme of the last Expo was strengthen international cooperation and speed up the prospecting breakthrough. At that time, Li Keqiang, vice premier and China`s Politburo Standing Committee Member sent the congratulatory letter and stressed that China should adhere to being based on the domestic mining market, relying on the technological progress and mechanism innovation to increase the geological prospecting and comprehensive utilization of resources, improving the minerals security ability and utilization efficiency and promoting the long-term economic stability and rapid growth. At the same time, the mining companies should actively participate in international mining cooperation based on mutual benefits, make better use of the "two markets and two kinds of resources" policy, and play a constructive role in the global mining industry development and prosperity. Xu Shaoshi, minister of Land and Resources of PRC put forward the idea of “surviving in a harmony, having difference in a harmony", which was really refreshing. The theme of this year`s event  is “Join Hands To Meet Challenges And Promote Sustainable Development” which is the sound to the whole world by Chinese in the current international situation. It is not important whether the theme of this year is hot or not. What matters are the opening ceremony at 9, November 4, and the two forums on the morning of November 5 attended by mining ministers and vice mining ministers at home and abroad, which will let you think more about the development opportunities and future development strategies of some countries` mining. 2. Key words: The risk of exploration and the capital market Do you remember the scene that Wang Min, vice minister of Land and Resources introduced the foreign and domestic mining economic prospects and the relative measures to the delegates in last event? At that time, the vice minister expressed his good wishes to the global mining community. He said that we need to speed up the prospecting breakthrough to protect the continued prosperity and stable development of mining industry, as well as his expectation to promote mining`s strong and healthy growth. He also mentioned that our country would implement the “Four Strategic Action” of prospecting the breakthrough, vigorously promoting the mineral resources saving and the comprehensive utilization, adjusting the mining structure and the green mine construction and guaranteeing the mineral resources management. He also said that China would strive to create a market-oriented prospecting system platform, support diversification of investors, and let enterprises to implement bulk exploration. From the current view, the “Four Strategic Action” is being orderly implemented. Now our country strives to save and improve the mineral resource utilization efficiency, bearing the responsibility of the sustainable utilization of mineral resources and promoting sustainable development of economic society. At the same time, we must build a market-oriented prospecting system platform, forwarding step by step towards the target. On the eve of the congress, the Ministry of Land and Resources and the Tianjin Municipal People`s Government signed the cooperation memorandum of "Building an International Mining Finance Reform Pilot Area in Tianjin”. The memo aims to promote the country`s financial system reform for establishing the capital market fo risk exploration in line with the China`s national conditions and to deepen the reform of the geological exploration bureaus and agencies, and to promote the sustained and healthy development of the mineral exploration and development The latest news is that Cui Jindu, executive vice mayor of Tianjin, will host the Keynote Session after the opening ceremony. The theme of the Breakout Session will be mining and financial capital market. at 14:00 PM that day   Vice Mayor Cui Jindu and the Breakout Session speakers will show us the construction progress and goal of International Mining Financing Reform Pilot Area in Tianjin, the exploration the mechanisms of risk exploration capital market, the analysis of mining investment and financing and the third-party insurance, the new pattern of mining merger and cooperation. The interested readers can focus on the above. 3. Key words: Private Enterprises and Overseas Investment In recent years, our enterprises have made remarkable results in the international cooperation involving mineral resources exploration and development and the processing trade. Relevant data shows that by the end of 2011, the projects involving international mining exploration development and cooperation have reached up to more than 2000 in 80 countries and areas. The investors are more than 600 with the total investment is about 200 billion US dollars. However, it can not be denied that the cooperation in the international mining exploration among the enterprises of China is not very satisfactory because of many reasons such as being not familiar with the rules of international mining, international market development capacity is weak, the lack of experience in international cooperation, foreign government discrimination and barriers. In last year`s overseas investment forum, representatives from China Railway Resources, Tianjin Huakan, Guangxi Non-ferrous Metals, Dele HuaYong Accounting Firm, development and research center of China Geological Survey Bureau introduced the experience and the matters to be focused in terms of the foreign investment and international cooperation, which were welcomed by the delegates. Since this year, the ministry of land and resources centers on the information services, strengthens the guidance and support of international cooperation in the field of geology and mineral resources, and has finished compiling mining investment guide of dozens of countries and regions, mining law codification, and the world mining consulting organization lists, etc.. China`s mining Industry Association has set up a private mining branch. One of the tasks is to let the private enterprises “going out”. Besides the two overseas investment forums will be held in the morning of the 6th, which  will primarily look to the overseas mining investment trends, explore the overseas mining investment, financing, taxation, legal, due diligence and other transactions. Other 4 streams focusing on the introduction of the contents of the Status and prospects of national policies to support private enterprises to invest overseas, the social responsibility of private enterprise and industry self-regulation, the mineral resources of the private enterprises, cross-border investment and financing and mergers and acquisitions will also be held. However, I must mention that the four streams I mentioned above will be held on the afternoon of Nov. 3, which is on the day before the opening ceremony of China Mining 2012. Don’t miss them. 4. Key Words: Project Promotion Minerals Situation The international mining cooperation project promotion will be beautiful scenery in the CHINA MINING every year. Reporters learned that this year`s congress will highlight the mining projects and investment opportunities in the countries and regions including Brazil, Russia and Central Asia, Canada, Germany, Australia, Greenland, Argentina, Sweden, Peru and Africa, which will establish a platform of cooperation projects for the domestic and foreign mining companies. It should be mentioned that some substantial cooperation projects are signed every year. For example in 2010, 62 agreements were signed with the amount of 11.7 billion RMB Yuan. In 2011, 55 project contracts were signed at spot, with a total of 15.7 billion RMB Yuan. So, people who are concerned about the promotion, don’t miss the signing ceremony and China mining international cooperation award ceremony after 17:30 PM on the 5th.   Same as projects promotion, the analysis of minerals situation is also hot with the participants. There is no exception this year. What is the supply and demand situation of iron ore? Are the prices of gold, platinum and precious metal still strong? Are the prices of non-ferrous metals such as copper and nickel stable? What are the prospects of metals, nonmetals and uranium? The mineral forum will be about the price movement and the supply and demand of the above minerals, and new project development. To those participants who don’t have much time to attend every Breakout Session, the keynote session on the morning of 4th and the Breakout Sessions on global mining exploration progress and prospect, the supply and demand of international important mineral resources on the afternoon of 5th will be good choices. ( 4 top economists from international monetary fund, the university of Colorado of USA, the state council development research center, and Bank of China will analyze the international economic and mining situation) . 5. Key words: Prospecting Breakthrough and the Strategic Action In fact, to those who are familiar with China`s mining industry, "prospecting breakthrough and the strategic action" is known to them and are endowed with more expectation. On Oct.19th of the last year, before the CHINA MINING 2011, The executive meeting of the State Council passed the "The action platform of prospecting breakthrough and the strategy action” which requires us to realize the new breakthrough through the implementation of strategic action, form a group of important mineral resources strategic areas, establish important mineral resources reserve system and provide strong resources security and industry support for the stable and rapid economic development. Somebody says the strategic action is the beginning of prospecting mining. More people believe the action will exert a national effect on the mining prospecting. Last year, the ministry of Land and Resources set up the first 47 exploration areas to implement the strategic actions. Earlier this year, the Ministry of Land and Resources, the National Development and Reform Commission, Ministry of Science and Technology, the Ministry of Finance and other ministries jointly held a TV and phone meeting in the capital of China. The meeting emphasizes that China will strive to the prospecting breakthrough. Great progress in mineral exploration will be made within 3 years, and the great breakthrough in 5 years. The new pattern of mineral exploration and development will be reshaped. Since this year, many strategic action plans have been carried out. The Ministry of Land and Resources did better and set up the second 31 strategic action exploration areas. Meanwhile, the Ministry of Land and Resources has organized research and investigation   several times and organized the central media to go to the mineral places to have "prospecting breakthrough is in action" activities. So far, reporters from dozens of media including the People`s Daily, Guangming Daily, Economic Daily, Xinhua News Agency, CCTV, Central People`s Broadcasting Station, China News Agency, have gone to the mineral places in 7 provinces (municipalities and autonomous regions) including Henan, Hunan, Yunnan, Anhui, Chongqing, Heilongjiang, Inner Mongolia to learn the latest prospecting results and mechanism. If you want to know more about the above, you can focus on the Breakout Session at 4 p.m. on 5th about the prospecting breakthrough strategic action organized by the Ministry of Land and Resources. Of course, to those geological exploration bureaus and agencies or enterprises at home and abroad, we strongly recommend the investigation and assessment streams on new progress of geology and mineral sponsored by China Geological Survey Bureau at 14:00 p.m. on 4th where you can get more information on the progress and development of China’s geology survey, the new progress of the potential evaluation of China’s mineral resources. If you want to know more about the new technology and the new method used in the process of prospecting, you can pay attention to the geological prospecting, science and technology innovation forum which is organized by the science and technology cooperation department of  the Ministry of Land and Resources and China Geological Survey Bureau. 6. Key words: Green Mining and Harmonious Mining Area There is no doubt that the construction of green mining is the direction of mineral resources management and development under the new situation. Since 2006, 7 Circular Economy Exchange Fairs have been held by the Ministry of Land and Resources and China`s mining industry federation. Especially since 2007, the fairs adhere to the main line of green mining industry, and actively guide the construction of green mining, which gets a broad attention and high praises. A few days ago, the members of CPPCC highly praised the "developing the green mining, building the green mining" concept and strategy which was put forward by the Ministry of Land and Resources in the recent years in the implementation of the scientific outlook on the development. It based on the current long-term perspective, the country has gradually become the transfer mode, adjusted the structure, improve people and protected the ecological platform and the starting point. Up to now, 220 mining enterprises have been confirmed as a national green mining pilot companies and agencies, covering oil, coal, nonferrous metal, metallurgy, gold, chemical industry, building materials and non-metallic mining and other industries. The green mine construction achievement exhibition will be held by Ministry of Land and Resources of PRC. From the fourth quarter of the year to the first half of next year, special researches on the green mine will be conducted by the ministry of Land and Resource, China mining federation and environment resources committee of CPPCC. What will be the development trend of green mine construction? How to perfect the relevant support policy? How to construct the long-term mechanism of green mining development? The stream held by the planning division of the ministry of land and resources and CHINA MINING association will explain the details on the above at 14 p.m., on 5th. Someone said that green mining is the foundation, and harmonious mining area is fundamental. Green mining is mainly the harmony between man and nature. Harmonious mining area is the harmony between man and nature, man and man, man and society. The Breakout Session on harmonious mining construction by the development department of the ministry of land and resources, economic research institute of China Land and Resource will show you some cases on how to promote the harmony between community and mining at 214:00 p.m. on 4th. 7. Key Words:  Comprehensive Utilization and Sustainable Development The "Twelfth Five-Year" plan puts forward for the first time "saving priority strategy ", which is to alleviate the economic development of the resource constraint, and ensure the sound and rapid development of the economic society. To carry out this strategy, In 2010, the Ministry of Finance, the Ministry of Land and Resources of the State Council put forward an application to the state council for the investment of the mineral resources income on geological and major mining projects. With the approval of the state council, special funds has been established since 2010 for the mineral resources saving and comprehensive utilization of the mineral resources. "Special fund" is used in the form of "Replacing the Subsidies with Awards" and "Demonstration Project". With two kinds of economic means, the Ministry of Finance gives full play to the capital incentive and guidance, supports mining enterprises to adopt advanced technology to further improve the development and the comprehensive utilization efficiency of mineral resource, enhancing the mineral resources` supply capacity. At present, the consciousness of the saving and comprehensive utilization of the mineral resources has been further strengthened, which receives remarkable effect. Mining enterprises, the relevant local departments pay more attention to it and the demonstration drive benefit is made with advanced technology and the central financial capital. "Three efficiencies" are improved obviously, and the whole environment has been improved. The stream on mineral resources comprehensive utilization will be held at 16:00 p.m., on 5th. The policies, measures and results related to the above will be introduced. Mineral resources saving and comprehensive utilization is a systematic project, with  long-term and broad characteristics, which needs the wide participation and cooperation of mining enterprises, industry associations, management departments, scientific research units, the social public. And the management of land and resources lies in the sustainable development. In fact, in order to have a dynamic balance in the economy, environment and society, land and resources needs to constructed in a harmonious society with sustainable development. How can the mining and metals line make a contribution to our society and the sustainable development of the industry ? International Mining and Metal board will hold streams on the mining sustainable development in the afternoon of 4th, and analyses the issues on the above. (Zhang Li) （translated by TLRHVC） 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

The Mining Open Day welcomed the visitors from schools
Source: www.mlr.gov.cn  Citation: www.mlr.gov.cn  Date: Nov 6, 2012

                                                                                                                                                                              (Photo :Xie Min / Editor: Zhao Xinhao)
The picture showed that the staff was explaining the relevant science knowledge for students. 

The Mining Open Day organized by the Organizing Committee of CHINA MINING was a platform which aims to publicize China’s mining policy and make more people gain the science knowledge and be trained to be the future geologists. The theme of the Mining Open Day activities was “we are the future geologists”. There were two activities: one was to joint with the Tianjin Education Committee for inviting 200 students from colleges and middle schools to visit the CHINA MINING 2012 and organized a signature activity; the second was to invite the experts from the Ministry of Land and Resources to deliver  science lectures about resources and environmental protection. （translated by TLRHVC） 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

Jiang Jianjun: Harmonious Development between Human and Nature
Source: www.mlr.gov.cn  Citation: www.mlr.gov.cn  Date: Nov 6, 2012

                                                                                                                                                                                   (Photo: XieMin, Editor: Yu Hongqi )
We are the future’s geologists.

On November 6, 2012, CHINA MINING Stream "Geosciences Lecture: popular science lecture: The Earth and People - Overall Planning the Harmonious Development between Human and Nature " was held. Jiang Jianjun, head of The Department of International Cooperation & Science and Technology, Ministry of Land and Resources, introduced the popular science knowledge of the geosciences serving social and economic development for the students representatives.（translated by TLRHVC）
　   
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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

Peter Buchholz presided over the "Metals & Minerals – Opportunities for PRC&GER " forum
Source: www.mlr.gov.cn  Citation: www.mlr.gov.cn   Date: November 4, 2012
                                                                                                                                                                              (Photo by XieMin, Edit by ZhaoXinHao)

On November 6, 2012, CHINA MINING 2012 Breakout Session "Metals & Minerals in China – Opportunities for Chinese and German Companies" was held in Tianjin.  Peter Buchholz, Head of Section, German Mineral Resources Agency in the Federal Institute for Geosciences and Natural Resources, presided over the forum and delivered a speech.（translated by TLRHVC） 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

Working together to achieve a win-win cooperation
——Mining Ministers and Mining Development Forum Reviewed
Source: www.mlr.gov.cn  Citation: www.gtzyb.com  Date: Nov.6, 2012

In the morning of November 5, 16 mining executives from home and abroad shared their experience of how to work together in the crisis and achieve win-win cooperation in face of the sustained turndown of the international mining in the past year. This event submitted an ideological feast for the exhibitors and there were more than 300 audiences presented. Opportunities in the Crisis, Focus on Industrial Upgrading, Merger and Reorganization Zhou Zhongshu, the President of China Minmetals Corporation, revealed the common  unfavorable situation for the line of international metal mining with a group of convincing facts: For more than a year, commodity prices had continued to fall, and almost had no rebound; New investment declined greatly as investors had lost their confidence; Enterprises were in the struggles for survival, and the prices of mineral products had shrank to the bottom line; Default occurred frequently in the circulation market and an unprecedented credit crisis had appeared in the mining market. According to Zhou Zhongshu, though the metal mining market was periodical in the development, and it was at the brink of frothy stage this year, we still had to be alert to the downturn which lasted such a long time and had wide influence. Although the whole world economy was in a downturn, including metal mining, external economic environment could not exert such a big effect on mining industry. In China, for example, the auto industry and the real estate industry were still maintaining a positive growth, which was enough to sustain the rigid demand of the basic minerals. The problems of world metal mining lay in the internal causes such as the overcapacity, the homogenization competition, and the unreasonable industrial structure. In view of the problems above, various countries have announced their new industry norms to promote the industrial upgrading and the healthy development. In order to solve the conflicts of capacity, competition and profit distribution from the essence, interests must be in redistribution. The international metal industry will be reshuffled, and a group of enterprises will go downhill for lack of the core competitiveness. For the problems of the low industrial concentration and the homogenization competition, Song Xin, deputy general manager from China Gold Group, Wang Janhua, deputy general manager from Shandong Gold Group and Li Shousheng, deputy general manager from Shandong Zhaojin Group all have the real empathy. At present, the gold industry is on the up grade, it still has to face the problems of the low industrial concentration, relatively small scale, slow development of the modernization and the apparent problems such as the repeated construction, repeated exploration and development. Industry dispersion not only affects the development of the gold enterprises in China but also the investment of the resources exploration. At present, China`s gold resources conservation is only 6,328 tons, ranking the third place in the world, which is not symmetric with China’s status as the biggest gold production source in the world.
 
In face of these common problems, Zhou Zhongshu said that the new technology revolution in the field of new energy, new materials, information, and the environmental protection industry is in the ascendant and remains its connotative growth at present. The green development has become a new economic trend. He also mentioned that as it is very difficult for the metal mining`s extensive development mode to conform to the demands of the new era, we must adjust the economic structure, speed up the industrial upgrading, rely on the advanced technology and enhance the service for the progress and development. In light of the merger and reorganization, Shandong Gold Group has obtained remarkable achievements. According to Wang Jianhua, based on large-scale resource integration, Shandong Gold Group has increased the investment on the technology and exploration and makes great breakthrough in the 800 meters, 1,500 meters and 2,600 meters deep mining prospecting, which greatly increases the company’s resources reserves. Shandong Gold Group is striving to make 100 tons of gold base to achieve the first-class prospecting, mining, science and technology security ecological modernization. The completion of the world gold base will further consolidate China’s No. one position in the gold production. “The price of gold should also be decided by the Chinese!” said Mr. Wang. According to Li Tong, CEO of BOCI, the global minerals demand structure has changed greatly under the background of the economic transformation. Strategic new industries and new technology industries has produced important influence on the traditional mining pattern. Shale gas and other alternative energy have accounted for more than ever before. The prices of traditional metal rises slightly, while the prices of new metals such as rare earth, and lithium generally rises sharply. For the mining giant, mergers and acquisitions have become the important means to increase resources reserve, enhance the technical level and expand the market share. He believed the concentration degree of the new metal industry is higher than that of the traditional industry. Although the global economy is in a downward cycle, mergers and acquisitions of new metal industry are still active. Production mode changes, technology research and development, the productivity promotion do all need a huge capital expenditure and the support of investment and financing. The capital market needs to be reformed urgently and the financing tool innovation should be accelerated to solve the financing demand of the mining enterprises. Increase the environmental protection and safety investment: “We don`t need the gold with the cost of life.” The green mine construction is the theme mentioned by almost every executive in this forum. HanJianGuo, deputy general manager from Shenhua Group Corporation Limited said, China, as world’s top consumer and producer of coal resources should implement the strategy of the high carbon and low carbon industry development. According to Han Jianguo, Shenhua has carried out a series of beneficial attempt in building the green coal industry, realizing the coal prospecting, mining, transportation, utilization, transformation, and the green development of its whole life cycle. At present, Shenhua Group has basically realized the coordinated development between large mining area resources and environment, and attempted the whole process of carbon capture and sequestration. At the same time, Shenhua invested 2.5 billion yuan to establish an independent innovation base of the low carbon clean energy industry and introduced a number of international top personnel to speed up the green coal industry development and demonstration project construction. Han JianGuo said enthusiastically that the green coal industry can not only provide green resources for human, but also provide business opportunities. He hoped counterparts, domestic and abroad, would participate in this new industry!" In the safety and environment protection, many executives also shared a lot of successful experience. Shandong Gold Group always adheres to the principal “NO Bloody Gold.” From 2008 to 2010, it invested 750 million yuan for the safety and environment protection, and no accident occurred during those years, which led to its leading position in the domestic mines exploration safety. At the same time, Shandong Gold Group had created the first national environmental friendly mining, established five green mining test bases, and strived to achieve the goal “Dedication of the gold and silver, leaving the green mountains and rivers.” According to Zhang Youxi, chairman of the board from Datong Coal Mining Co. LTD., the company always adheres to the principle of green mining, and 100,000 households have moved out of the mining area for the recovery of the ecological green environment. Now they have built a national mine park which is the largest in scale, the most profound in coal culture, and the most obvious in the ecological improvement. Meanwhile, they strive to construct the new pattern of low carbon and environmental protection and build TaShan circular economy park, realizing 100% utilization of the waste. Waste water from life and industry achieves zero discharge. TaShan circular economy park has achieved social, economic and ecological benefits. By the end of the year of 2011, the total investment was 20.7 billion RMB yuan, with an annual output of 23.5 billion RMB yuan, a profit of 5.3 billion RMB yuan, and the taxes 4.2 billion RMB yuan. Win-win cooperation and experience accumulation for “Invest in the Foreign Countries Strengthening the cooperation and working together in the crisis are the consensus among the mining enterprises’ executives. Cao Yunde, chairman of the board from Cambodian Khmer Resources Investment Holding Group Co., LTD , and Bai Deming, managing director from South Africa Standard Bank Group, who is responsible for business and clients in China, Asia introduced the mineral resources situation of Cambodia and South Africa respectively at the meeting and hoped that China’s mining enterprises would invest on their resources industries. After years of the rapid economic accumulation, Chinese enterprises have gradually matured and invested in the foreign countries, which has become the important choice for many China’s mining enterprises. Li Shousheng, deputy general manager from Shandong Zhao Jin Mining Industry, said that at present, China’s mining enterprises were big but not strong, and hard to compete with foreign rivals. The strategy of “Invest in Foreign Countries” for many gold enterprises were lack of strong policy support and the effect was not obvious. He hoped the large gold groups would participate in international market competition to become bigger and stronger with the national support. At the same time, opening the mining capital market, perfecting regulation system, enhancing the transparency and the sound development of mining capital market were all the support for the mining enterprises’ “Invest in the Foreign Countries”.　　 With a rich experience of “Invest in the Foreign Countries”, Zijin Mining Group Company shared its experience. Qiu Xiaohua, vice chairman of the board from the company believed that political risks were of primary caution. In addition, economy, social stability, labor policy, investment sensitive area and limited field should be investigated thoroughly, especially in some politically unstable countries. Meanwhile, legal risk, fiscal policy risk, environmental risk and safety risk should also be paid attention to. Do in Rome as Rome does. He suggested we should make full use of various policy convenience and policy Banks’ credit support to prevent risks through China’s overseas financial services institutions for the purpose of “Invest in the Foreign Countries”. The authorities should also set up overseas rights protection center to maintain the legitimate rights and interests of overseas enterprises. Song Xin said China Gold Group would focus on its “invest in foreign countries” policy and establish overseas capital operation platform to quadruple economic indicators within four years after the completion of “Twelfth Five-Year” Plan, entering the ranks of global top 500. Lu Jin, director from China Metallurgical Geology Bureau, said that with the policy of “invest in foreign countries” , the geological exploration bureaus will have a brilliant future. The geological exploration bureaus should first attach great importance to the technical service, deepen the exchange among the resource countries, and integrate their business into the global countries to achieve a win-win cooperation. Qi Ming, deputy general manager from Yunnan Metallurgy Group thought that in the form of participation, holding, acquisitions or joint development, these enterprises could involve in the development of mining resources at home and abroad and realize a new breakthrough. Liu Xiangmen, vice President from  Aluminium Corporation of China said that in order to make the world first-class mining company, we must innovate resources cooperation pattern, and promote enterprises’ leap frog development. He also revealed that, as the product of exploration technology cooperation and mining investment mechanism innovation, China Aluminum and Lituo Exploration Co. Ltd. by China Aluminium Corporation and Lituo Group has obtained the approval of the Chinese government and will be formally established. After the forum, the reporter’s strong impression was that although the world mining changed dramatically, the industry leaders has been well prepared. (Yu Xingdi)
(translated by TLRHVC) 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

Foreign mining ministers gathered together in Tianjin to attract China`s Investment
Source: www.mlr.gov.cn  Citation: www.chinanews.com  Date: Nov.6, 2012

According to the news from China News Agency in Tianjin on November 5, mining ministers and top leaders from Canada, Cambodia, South Africa, Argentina and other countries gathered Mining Ministers and Mining Development Forum of CHINA MINING 2012. The ministers described mining development blueprint, policy, infrastructure construction and so on in their own countries, aiming to absorb international capital especially from China’s investment. Under the continuous financial crisis, global economic growth shows a downturn trend. Many countries’ Energy and mineral industries which have long-term investment return are facing the problem of capital pressure resulted from shrinkage of international investment. Although the international situation is bleak, Chinese enterprises` involvements in international investment, merger and acquisition are quite active in recent years. According to statistics, since 2002 the direct investment in foreign countries in the field of mining has increased year by year. By the end of 2011, China`s foreign investment was $424.7 billion, and mining industry $67 billion. China, as an important investment hot spot, receives the various countries` attention. The Hon. Ezekiel Momakewa, Vice Minister for Mineral Resources, Energy and Water Resources, The Republic of Botswana, said in the forum that Botswana government is dedicated to the improvement of the local infrastructure to help mining investors transport mineral resources and downstream processing. To attract investment, Botswana government adopts zero tariff system for mining equipment import and highly encourages the construction of downstream factory at the same time. The Hon. Esperanca Bias, Minister for Mineral Resources, The Republic of Mozambique, attached great importance to the cooperation with China in the line of mining and regarded it as the important contribution to future financial and social welfare. She hoped that Chinese enterprises could provide more service in mining, service and productivity construction in the future. The Hon. Anil Arora, Assistant Deputy Minister of Natural Resources, Canada, highlighted Canada`s Perfect and transparence of mining system. He said all enterprises at home and abroad are treated equally in Canada. At the same time, the Canadian federal income tax is only 15%, the lowest among those 7 western countries including the United States, Germany, Italy, and etc. The Hon. Carlos Federico Aunquilla, Deputy Minister of Mines, The Republic of Ecuador, said “We are quite satisfied with the level of Chinese enterprises’ involvement in mining investment”. He stressed that foreign enterprises, especially from China, had the complete freedom in profits, tax, assets and foreign exchange transfer. The Hon. Oyun Erdenbulgan, Deputy Minister of Mines, Mongolia, described the core role of mining in economy growth. He said:" in order to make our products enter the international market, we have set up a series of goals and have constructed railway, bridge, power plant and industrial base to connect with the international market." （translated by TLRHVC） 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

In pursuit of the sustainable development of mining
——Focus on Mining Ministers and Mining Development forum of CHINA MINING 2012
Source: www.mlr.gov.cn  Citation: www.gtzyb.com  Date: Nov.6, 2012

As an annual feature, Mining Ministers and Mining Development Forum of CHINA MINING 2012 was held at Tianjin Meijiang Convention and Exhibition Center on November 5, 2012. Mining leaders from all over the world regard the forum as a superexcellent mining investment fair to persuade Chinese investors into developing mining to their countries every year. The forum was almost like a fair of investing in Africa. There were 13 mining ministers making speeches, and 6 of them were from Africa. Except Canada and Greenland, the other countries such as Papua New Guinea, Ecuador, Mongolia, and Cambodia are all developing countries. Mining is the backbone of economy in these countries. With the increasing development of mining, the concept of mining development in the less developed countries is changing quietly-----they no longer gain the economic growth at the cost of resources consumption, but pay more attention to the environmental protection and sustainable development. The constant theme----Welcome Chinese mining investors The mining ministers endeavored as always to describe the rosy perspective of developing mining in their countries for Chinese investors in Ministers and Mining Development Forum of CHINA MINING 2012. Actually there is many a Chinese investor in Africa, South America or Asia. Their continuing to attract investment is mainly attributed to two aspects: for one aspect, they believe Chinese investors can bring changes for their countries’ mining economy; for another aspect, they appreciate Chinese investment power. Most basically, such cooperation will be mutually beneficial and result in a win-win result. Therefore, we have enough reasons to believe that these countries will continue to open arm to Chinese investors in the following decade---the gold time of rapid mining development. The sufficient resources are the key to attract investment. During Ministers and Mining Development Forum of CHINA MINING 2012, the mining ministers gave a detailed description of the plentiful mining resources of their countries, which are greatly attractive to Chinese investors, such as oil, natural gas, gold, precious stones, iron, copper, lead, zinc, potassium, lithium ore, etc. 翁科卡梅•莫凯拉, Minister for Mineral Resources, Energy and Water Resources, The
Republic of Botswana, even prepared national mineral resources distribution map, and showed the audiences superior geological conditions, widely distributed Kimberlite and rich copper resources in Zambia extension zone, and 70% coverage of coal mine belt of national land. This was his first time to China to attend CHINA MINING. He showed real sincerity and enthusiasm to Chinese investors. Whether the political situation is stable or not is a significant factor to be considered for foreign investors. Especially in parts of Africa, war and regime shift are not rare. Even Argentina, a country with comprehensive power could suddenly announce the nationalization of oil without alert, which no doubt greatly harmed the interests of foreign investors. Therefore, almost all the nations will announce strongly the stable political situation, and also announce that they will give benefits and securities for foreign investors on politics and service, for example Nigeria puts forward that 95% profits of foreign investors can pass in and out freely, enjoy 3-5 years of exemption period depending on different minerals and regions, and also can speed up the examination and approval procedure on occasions of meeting the requirements. Botswana said that they could provide one-stand service of applying for mining right. The term of exploration right in Botswana is three years and can be extended twice, each time for two years. The term of mining right is usually 25 years and can also be extended. Botswana is not allowed to transfer the mining right, but has no limitation for transferring the exploration right to new investors. Increasingly perfect infrastructures have become undeveloped countries’ new chip to attract investors. They have already realized the significance of infrastructures for the development of mining. The president of South Africa said that the constructions of mineral resources surrounding was one of the primary tasks. Thus, they have specially established the committee to coordinate this deal. At present, they can introduce the national infrastructures confidently, such as highway, railway, and port. Carlos Federico Aunquilla, Deputy Minister of Mines, The Republic of Ecuador, said that the transportation, power supply, and information communication in Ecuador had already formed a whole network. They attract investors by means of showing the projects that has already begun or will be begun. For example, Byron James Chan, MP, Minister for Mining, Papua New Guinea introduced projects that will be invested in the next five years, including gold and copper project in a large scale, and some projects that has been operated and created comprehensible profits. Besides, they introduced the vast local mining market, which can save the expensive cost of transportation for Chinese investors. Musa Mohammed Sada, Minister of Mines and Steel Development, Nigeria, said that African countries are under the period of developing the infrastructures and have a large demand for minerals. And Nigeria owns rich resources like stone. From this perspective, Africa reserves a large business opportunity. Furthermore, the ministers also indicated the increasingly development of geological work could help investors. Esperanza, the minister of mineral resources of Mozambique, said that Mozambique is experiencing the new period of the development of minerals and geological exploration has been improved greatly. Moreover, Esperanca Bias, Minister for Mineral Resources, The Republic of Mozambique said that Mozambique is experiencing a new period of mineral resource exploitation and information about geological prospecting has been greatly improved. He also said Mozambique government had adopted new mining method which took society and international environment into consideration. It is also beneficial to secure the rights of investors. The change of tone ----Sustainable development becomes the new objective of each country and new responsibility of investors The whole world is developing. The mining investment in the past has changed the nation a lot no matter in poor African countries or in backward South American countries. After experiencing the period of distress resources, they have adopted the more advanced concept and target to measure the development of mining. Ministers and Mining Development Forum of CHINA MINING 2012, the sustainable development, green mining, reclamation, and environmental protection have become popular words. Mining development in these countries has begun to have different requirements from the purely increase of economy, so the requirements to the investors are more. Susan Shabangu, MP, Minister of Department of Mineral Resources of the Republic of South Africa, said that during African mining minister forum in 2009 they had determined to take measures to realize Africa’ hope which was that they would practice the sustainable development and system development during the process of mining. The core of this hope was to combine mining with economic development. The expected to increase the national economy by developing mining and realizing the economic balance in every field, such as solving employment and inequality. Moreover, Susan Shabangu said African countries were under economic reform and used the positive and developing notion to guide reform. They hoped to make better use of resources and pay more attention to environmental protection, local people, surrounding soil, etc. She appealed, “The industrial development and the increase of South Africa economy had experienced hard time, but if we cooperate together, we will be better and bring fortune to every country.” Kamel Abdel Latif, Minister of Mines, The Republic of Sudan, said that Sudan paid more attention to the protection of environment. Minister of Mines in Sudan supervises the mining companies and requires them to be subject to rules and regulations and guarantees their work satisfy national standards . “Sudan’s government will make its contribution to protect the environment according to the related charter and convention. In the meantime, they will make better use of mining profits to serve sustainable development, improve social development level and people’ s life condition in its own and neighboring countries.” From last year, Sudan requires companies to reduce the use of quicksilver. Mozambique is positively developing mineral resources in the long term. They aim to improve the management abilities of mining and ensure that the development of mining have a positive influence on improving communities condition and living standard. “The mining industry is one of the cornerstones of economic development in Mozambique, but it must develop in a sustainable way. Investors should take the social responsibilities and put them into practice.” said Esperanza. They have requirements on the sustainable development to themselves. For example, in Papua New Guinea, all websites are required to have the content of environmental protection of mining development and should try to avoid the ambiguous information and improve the transparency. As a country seldom attended Mining Minister Forum, the developed country, Canada, also pays attention to the environmental protection. They own many advanced technologies in ore dressing, mining, mining exploitation, etc. Moreover, they have advanced technologies in green production, reclamation and environment risk management etc. They expect to promote these technologies. Besides, Ecuador emphasized that any mining investor must respect and fully abide by the constitution, local mining law and mining investment regulations etc. and mining exploration must be subject to the local law procedure. Federico reminded Chinese corporations especially that there are many illegal small mining in Ecuador.” Be careful of this kind of mining, I hope that we all invest in our nation in a legal way.” Deeper trend--- Increasingly widen the cooperation field Foreign investment improved the mining development in undeveloped countries. With the development of local mining, the demand of the investment field is increasingly expanding. Mineral processing is the important appeal to investors for undeveloped countries. During these years’ minister forums, it has been a hot issue. This year, South Africa put forward clearly that investors should take more additional value into account other than simple products. South African government hoped that mining development should be combined into the economic development strategies. The investment should not only just explore the raw material but also the construction of smelting plants. Moreover, the nation will set different tax rates according to different investment field. Developing mining and upgrading the standard of national mining is common pursuit for undeveloped countries. They hoped that investors could not only bring capitals but also technology, and help to train mining talents of their own country. Therefore, they hope to cooperate in a wider field, such as samples analysis, specimen preparation, exploitation and mining consultant, mining design and development, etc. “They are all good opportunities of investment. Welcome companies with the strength to invest.” said Musa Mohammed Sada, Minister of Mines and Steel Development, Nigeria. Sudan put forward that mining cooperation is greatly important to the international relationship, which needs countries’ cooperation, especially those who own the same geological conditions. The secretary of state of Argentina said in his speech that CHINA MINING is one of the most successful mining conferences in the world. Obviously, they expect a lot to the platform of CHINA MINING. They want to contact more investors and realize the sustainable development in their own country. In the future’s mining investment, Chinese investors will bear more responsibility which is the inevitable result brought by the development. (Liu Wei)（translated by TLRHVC） 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.

“Supply & Demand of Key Minerals” Forum was held
Source: www.mlr.gov.cn  Citation: www.gtzyb.com  Date: Nov.5, 2012

On Nov. 5, 2012, the sub-forum themed on “Supply & Demand of Key Minerals” of CHINA MINING was held in Tianjin. These pictures are the chairman and speakers.　

                                                                                                                                                                                     (Photo: Chen Hui / Editor: Xie Min)
Peter Buchholz, Head of Section, German Mineral Resources Agency in the Federal Institute for Geosciences and Natural Resources, presided over the forum and delivered a speech.

                                                                                                                                                                                     (Photo: Chen Hui / Editor: Xie Min)
Yang Bing, Deputy Director, China Non-Ferrous Metal, Resources Geological Survey, delivered a speech about China Non-Ferrous Metal Resources Dependence on Abroad.  

                                                                                                                                                                                     (Photo: Chen Hui / Editor: Xie Min)
Magnus Ericsson, Senior Partner, Raw Materials Group, Sweden, delivered a speech  themed on“steel raw materials-long term availability of iron ore & coking coal”.

                                                                                                                                                                                     (Photo: Chen Hui / Editor: Xie Min)
Cui Rongguo, Deputy Director General, Information Center of Ministry of Land and Resources, P.R.C, delivers the speech themed on “supply & demand of chromium and molybdenum”.   

                                                                                                                                                                                      (Photo: Chen Hui / Editor: Xie Min)
Pascale Massot, Ph. Doctor, University of British Columbia, Canada, delivered a speech themed on “The Global Potash Market and the China-Canada Resource Relationship”.

（translated by TLRHVC） 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 2012 is held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo is opened on 3rd pm Nov., 2012). We invite you to join the event and to celebrate the 14th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2012, please visit: m.balanzskin.com.