Deputy Minister Wang Min Had a Meeting with Minister Suy Sem of Industry, Mines and Energy of Cambodia
Source: Portal Website of Ministry of Land and Resources Citation: Portal Website of China Geological Survey Date: Dec. 20, 2011

Deputy Minister Wang Min and Minister Suy Sem executed a ministry cooperation memorandum of understanding

In order to further promote cooperation between China and Cambodia in the field of geological minerals, in response to invitation by Ministry of Industry, Mine and Energy of Cambodia, Deputy Minister of the Ministry of Land and Resources Wang Min (also Secretary of Party Leadership Group and Director of China Geological Survey) led a delegation to visit Cambodia and had a meeting with Suy Sem, Minister of Industry, Mines and Energy of Cambodia. At first, Wang introduced recent work of the Ministry of Land and Resources of China. To base on domestic power, make an overall planning, initiate new mechanisms to boost major breakthrough in domestic mineral prospecting and contribute to sustainable economic and social development, the State Council of China has approved the plan of prospecting breakthrough strategic actions. He pointed out that, there is a sound foundation and huge potential for mining cooperation between China and Cambodia. He expected to enhance bilateral high-level communication thereafter and have a regular meeting to promote cooperation by taking advantages of China-ASEAN Mining Cooperation Forum and CHINA MINING. He said that, both sides should enhance down-to-earth communication and cooperation in primary geological survey, personnel training and lab construction, and initiate to discuss cooperation in environmental and geological survey and geological disaster prevention and control. Both sides should strengthen communication, coordination and macro instruction, and jointly promote powerful Chinese enterprises to carry out mineral resource prospecting and exploitation in Cambodia so as to make contribution to green mining development and sustainable economic and social development in Cambodia. Besides, Wang invited Minister Suy Sem to attend China-ASEAN Mining Cooperation Forum and CHINA MINING next year. Minister Suy Sem introduced work of Ministry of Industry, Mines and Energy in the fields of mining and energy. Appreciating years of support from China, he expected to cooperate closely with China in personnel training, lab construction and primary geological survey. Meanwhile, Cambodia would offer active support and instructions to Chinese enterprises which are engaged in mineral prospecting and exploitation in Cambodia. Minister Suy Sem accepted the invitation from Deputy Minister Wang Min, promising that he would attend China-ASEAN Mining Cooperation Forum and CHINA MINING, which would be held in China next year. After the meeting, Deputy Minister Wang Min and Minister Suy Sem signed a ministry cooperation memorandum of understanding for the consensus agreed. (By Lian Changyun)

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 2011 attracted over 5000 delegates, exhibitors and visitors from 55 countries and regions, increasing by over 650 people as compared to the last session. There were 382 domestic and foreign exhibitors, increasing by 38% as compared to the last year. The exhibition area amounted to 25000 square meters, more than doubling that of the previous session, with 1,050 standard booths, increasing by 65% compared to the previous session. There were a total of 23 forums and 7 projects shows held with 425 promotion and negotiation projects introduced by the congress, increasing by 32.8% as compared to last year. At the project signing ceremony, 55 projects were signed, amounting to RMB15.7 billion, increasing by RMB 4 billion and by 34% as compared to the previous year. More than 40 foreign VIPs including 23 mining ministers and vice ministers as well as ambassadors in China from 18 countries and regions such as Australia, Canada, South Africa, Angola, etc. attended this session of the congress. Meanwhile, the congress attracted more than 100 medias and over 200 journalists from home and abroad to cover the congress. In terms of number of delegates and scale of exhibitors and booths, the CM2011 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo will be 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:www.chinaminingtj.org

CHINA MINING Congress and Expo 2011 Review
Source: Portal Website of Ministry of Land and Resources Citation: China Mining News Date: Dec. 6, 2011

CHINA MINING Congress and Expo 2011 has been closed, but it will still have a substantial, positive and profound influence at home and abroad. In comparison with the theme of “Cooperation, Responsibility and Development” of CHINA MINING2010, “Enhancing International Cooperation to Accelerate Prospecting Breakthrough” proposed in CHINA MINING2011 is more pertinent and practical. The domestic and overseas orientation helped provide a good communication and cooperation platform for both Chinese and foreign mining delegates. Many high-level foreign government delegates participated in this Congress and Expo, including 23 ministers and deputy ministers of mining departments and their delegations from 18 countries and regions like Australia, Canada, South Africa and Angola. Both minister and deputy minister of mining department of Australia, Canada, Nigeria and Greenland attended CHINA MINING2011. Apart from some traditional delegations from Africa, Canada and Australia, new markets like South America and Russia were expanded actively. Domestic and overseas mining cooperation project signing, negotiation and communication activities were the focus at this Congress and Expo, which further promoted substantial project cooperation between domestic and overseas mining enterprises. 425 negotiation projects were brought out during this Congress and Expo, increasing by 32.81% than last year (320 projects). On the signing ceremony, agreements of 55 projects were signed, amounting up to RMB 15.7 billion. It is RMB 4 billion more than last year (RMB 11.7 billion), increasing by 34.19%. Among them, there were 3 extra large projects worth more than RMB 3 billion and 8 large projects worth more than RMB 100 million. There were 12 domestic projects which amounted to RMB 5.5 billion and 42 offshore projects which amounted to RMB 10.2 billion. These projects were mainly distributed in 18 countries and regions, including Australia (16 projects, RMB 1.5 billion), Nigeria (3 projects, RMB 150 million), Sudan (2 projects, RMB 6.5 billion). Gold (31 projects, RMB 5.4 billion), copper (13 projects, RMB 470 million), iron (6 projects, RMB 5.3 billion), lead zinc (3 projects, RMB 3.3 billion) were the main minerals. Clear Chinese policies On this global communication platform, international participants were very sensitive to Chinese mining policies. The reform and opening up policy of Chinese mining in a new situation gave confidence to overseas markets. Vice Premier Li Keqiang sent a letter of congratulation and stated that, Chinese government would base on domestic power, actively participate in international cooperation which is mutually beneficial, and make better use of domestic and overseas markets and resources to play a constructive role in prosperous development of international market. We would persistently rely on technological progress and institutional innovation, intensify geological prospecting and compressive utilization of resources, improve guarantee capacity and utilization of mineral resources, and actively participate in international mining cooperation which is mutually beneficial. Premier Li also met multi-national ministers of mining departments in Beijing. He interpreted Chinese government’s standpoint, policies and measures in energy and resources in an all-round way from intensification of pragmatic cooperation in energy and resources, bilateral and multilateral common development, and sustainable development. He advocated that the international society should cooperate with each other, take benefits of both producers and consumers into account and jointly respond to new challenges in the fields of energy and resources. Minister of Land and Resources Xu Shaoshi addressed at CHINA MINING 2011 that, Chinese government would implement the strategy of “Giving Priority to Conservation”, make breakthrough in minerals prospecting, intensify institutional innovation and coordinate resource exploitation and environmental protection, to speed up transformation of development pattern, improve resource guarantee capacity, perfect market-based resource allocation mechanism and promote green, low-carbon and sustainable development of CHINA MINING industry. Also, he advocated international mining peers to make efforts together to create an environment-friendly, innovation initiative, inclusive and harmonious new international mining industry order. Prior to commencement of the keynote session, the journalist found that all Chinese mining policies related documentations placed on the stands were snatched up by domestic and overseas delegates in minutes. Many senior mining officials gathered there in hope of learning about more Chinese mining policies.   Overseas participants shows enthusiasm All overseas mining industry forum and promotion shows were also crowded with worldwide participants. As there was no empty seat, the journalist had to make use of every single space. Keynote Session, International Mining Minster Forum, Enterprise Development Summit Forum, 23 sub-forums and 7 project promotion shows were held at this CHINA MINING. At International Mining Minister Forum, persons in charge of mining affairs of Canada, Australia, Angola, India, Laos and Tajikistan made keynote address, introducing their respective mining development and investment situation. Minister of Natural Resources of Canada Joe Oliver addressed on the opening ceremony that, Canada could help China satisfy its resources demands for economic development, promote common development of bilateral economics and create more employment opportunities. Additionally, he committed that Canada would continue to maintain friendly trade relationship with China and strengthen mining cooperation. Also, Canada would continue to improve investment environment so as to attract more foreign investments. Prior to commencement of sub-forums, when receiving interview from reporter of CHINA MINING News, Joe Oliver stated that as from 2012, corporation tax of Canada would be reduced dramatically. Mineral resources survey and prospecting of north part of Canada were just launched, so there is a huge development potential. Minister of Resources, Energy and Tourism (AMMP) Martin Ferguson also welcomed Chinese investment on the opening ceremony and committed to establish a long-term bilateral relationship in mining with China. As China’s economic growth in the past 10 years greatly contributed to global resource demands, Australia has the opportunity to become the most important iron ore supply for China market, as well as the main supplier of cooper, aluminum, zinc and nickel. Moreover, Australia has global leading mining technology and mining safety practice and it expects to establish a closer cooperative relationship with China. At International Mining Minister Forum, Martin Ferguson of AMMP introduced that, Australian government approved Chinese investments up to 16 billion dollars in 2010 and most of them were related to mineral resources, which made China the third largest investor in Australia. From 2007 to 2011, Australian government approved more than 250 applications from China and mining investment application from China amounted to 43 billion dollars. Last year, Australia modified mining investment policies so that foreign investors may better invest in mining industry.      According to what Martin Ferguson AMMP stated when receiving interview from reporter of China Mining News, as from July 2012, Australia would implement mineral resource rent tax (MRRT), which would not exert a great impact on foreign investors. After adoption of this taxation policy, Australia still has large numbers of resource investment projects approved, such as BHP Billiton’s and Rio Tinto’s projects in Pilbara. Minister of Geology and Mines of Angola Joaquim Duarte Da Costa David stated at the forum that, Angola is carrying out nationwide geological survey and geophysical and geochemical prospecting activities presently, and they expected cooperation with foreign companies in prospecting projects. He introduced that, Angola has examined and approved many iron ore prospecting right. It is believed that, in the coming three or four years, many prospecting projects will turn to mining projects and more mines will be constructed. He also promised that Angola will improve mining investment environment, complete legal system, actively follow international conventions to attract foreign investment. State Secretary of Ministry of Mines Shri S. Vijay Kumar said India unveiled a series of policies that make for mining industry development in recent years. In August, Indian Parliament reviewed and adopted Mineral Resources Amendments Act. Geological Survey of India is now making a nationwide geological survey and a 1:50000 geological mapping has been completed. Up to date, India has adopted the proposal of High Technology Reconnaissance and Exploration License (HTREL). Deputy Minister of Energy and Mines Somboun Rasasombath said, in the past five years, Laos always maintained an annual GDP growth of 13.87%, to which, mining industry made a great contribution. In 2009, mining industry exports accounted for 60% of total exports of Laos. Chinese companies also made undeniable contribution to development of Laos’ mining industry. Furthermore, a new department has been set up under Ministry of Energy and Mines to enhance mining industry administration. Chief Head of Geology Administration under the Government of Tajikistan Azim Ibrohim introduced that, Tajikistan government recently formulated and unveiled a series of policies, and stated explicitly that they are going to further develop mining industry and increase input in geological prospecting and mineral exploration. Tajikistan presently has more than 1,000 mineral deposits under development and production and has issued over 50 mineral rights related licenses to foreign mining enterprises. The country would work out policies to increase input in geological mineral prospecting and serve economic development. Also he expected to enhance cooperation with foreign companies in intensive processing of mineral products. During International Mining Minister Forum, seven project promotion shows were held, namely, Canada Mining Forum, Australia Mining Forum, Greenland Mining Forum, Argentina Mining Forum, Africa Mining Investment Forum, Asia Mining Investment Forum and Oceania Mining Investment Forum. Present governmental sectors attached a great important to them. Ministers of mining or ambassadors to China introduced investment opportunities of respective country and recommended mining cooperation projects. Minister of Minerals and Petroleum of Greenland Ove Karl Berthelsen stated that, some large mineral projects (such as iron, zinc and rare-earth metals) of Greenland have entered a critical phase. Greenland expects to launch some mineral projects (such as gold, copper, molybdenum and PGE) via international cooperation and build necessary and close relationship with some mining companies. However, mineral prospecting and exploitation in Greenland must comply with relevant policies and laws, and concerned information shall be disclosed to the public. Peruvian Minister of Energy and Mines Carlos Herrera Descalzi stressed in his address that, Peru would ensure a safe investment environment by means of stable legislation regime. Exports of metallic and nonmetallic minerals account for 62% of total exports of Peru. Taxes in mining industry account for 33% of total taxes. Peru would continue to encourage mining investments and expects investors to enhance protection of society and environment during mining investment. After a sub-forum, South African ambassador in China Langa said when receiving interview from reporter of China Mining News, all countries expect resources development to bring benefits to the country and would maintain safety of resources, but this does not mean resources protectionism. He said South Africa welcome investment from China. Last year, South Africa implemented new mining policies, especially amendment of Charter of Mining Industry, in order to fulfill predetermined objectives and enhance mining development. Deputy Minister of Mineral Resources and Energy of Mongolia B. Ariunsan together with his interpreter intentionally attended Asia Mining Investment Forum and Oceania Mining Investment Forum. He explained clearly that, Mongolia would unveil a plan recently to further cooperate with foreign investors in preliminary and intensive processing of mineral products. They plan to further carry out preliminary processing of iron ores and intensive processing of coal in the coming three years. Additionally, Mongolia expects to communicate and cooperate with China in the fields of environmental protection, labor protection, social responsibility, laws and regulations, and taxation as well.   Executive Director of Russian Mining Advisory Council Nikolay Matyash elaborated their prospecting and exploitation opportunities and laws and regulations related to mining industry, and explained the subsequent influence of Russia’s redefinition on strategic mineral products. Russia would encourage investment in prospecting and exploitation by altering fiscal and taxation policies and modify rules about cancellation of existing licenses in order to provide sound guarantee for investors. Besides, it would ensure open and transparent bidding procedure. More open and transparent geological information would be available to investors. To create a bright future together Despite the uncertainties in international economic situation, major mining countries all showed their intention to cooperate with China. They are generally positive about China’s development and its influence on international mining markets. After Mining Industry and Macroeconomics Forum, participants would have a clear grasp of China’s development direction and confirm their investment confidence. Present delegates generally believed that, as a fundamental industry for economic and social development, mining industry would have positive prospect in a long term. Senior Economist of the Organization for Economic Cooperation and Development (OECD) Vincent Koen predicted at the meeting that, global economic growth would have increased to more than 4% by 2014 and international mining industry would have a new prosperity period. Some experts held that, after the first two development circles resulted from U.S. and European industrialization, global mining industry is now in the third super cycle as some emerging economies represented by China are developing rapidly. However, China has to follow the global development step, adjust mining policies and promote better mining development. Research Director of Development Research Center of China Geological Survey Wang Wen pointed out, Chinese mining must maintain sustainable development. According to the “Twelfth Five-Year Plan”, we must improve development and utilization of technology, transform the mode of production relying on high consumption, and construct a green mining industry. Mining development must aim at livelihood improvement. To realize transnational operation and international and industrialized development, mining enterprises must abide by international mining rules. Now many countries have started to enhance oversight of resources security, levy more taxes and fees, and raise social responsibility for mining exploitation. Nevertheless, as Chinese mining enterprises go out in a more steady way, with sufficient capitals in hands, there is still a huge space for international cooperation. (By Wang Hongfeng)

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 2011 attracted over 5000 delegates, exhibitors and visitors from 55 countries and regions, increasing by over 650 people as compared to the last session. There were 382 domestic and foreign exhibitors, increasing by 38% as compared to the last year. The exhibition area amounted to 25000 square meters, more than doubling that of the previous session, with 1,050 standard booths, increasing by 65% compared to the previous session. There were a total of 23 forums and 7 projects shows held with 425 promotion and negotiation projects introduced by the congress, increasing by 32.8% as compared to last year. At the project signing ceremony, 55 projects were signed, amounting to RMB15.7 billion, increasing by RMB 4 billion and by 34% as compared to the previous year. More than 40 foreign VIPs including 23 mining ministers and vice ministers as well as ambassadors in China from 18 countries and regions such as Australia, Canada, South Africa, Angola, etc. attended this session of the congress. Meanwhile, the congress attracted more than 100 medias and over 200 journalists from home and abroad to cover the congress. In terms of number of delegates and scale of exhibitors and booths, the CM2011 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo will be 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:www.chinaminingtj.org

On-site scenes of CHINA MINING 2011
Source: Office of CHINA MING    Citation: Office of CHINA MING Date: November 9, 2011

Exhibition zone of Ministry of Land and Resources,PRC Leaders and foreign mining ministers are visiting the exhibition area On-site scene of CHINA MINING exhibition zone On-site scene of media work place
Breakout Session of CHINA MINING 2011: Commodities Demands & Supply Trends Breakout Session of CHINA MINING 2011: “The progress and achievements in geological survey in China” Foreign guests are on a Haihe River tour at night in Tianjin A promotional and decorative mascot of the Australian exhibition booth Large mining equipments in the equipment exhibition area

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 2011 attracted over 5000 delegates, exhibitors and visitors from 55 countries and regions, increasing by over 650 people as compared to the last session. There were 382 domestic and foreign exhibitors, increasing by 38% as compared to the last year. The exhibition area amounted to 25000 square meters, more than doubling that of the previous session, with 1,050 standard booths, increasing by 65% compared to the previous session. There were a total of 23 forums and 7 projects shows held with 425 promotion and negotiation projects introduced by the congress, increasing by 32.8% as compared to last year. At the project signing ceremony, 55 projects were signed, amounting to RMB15.7 billion, increasing by RMB 4 billion and by 34% as compared to the previous year. More than 40 foreign VIPs including 23 mining ministers and vice ministers as well as ambassadors in China from 18 countries and regions such as Australia, Canada, South Africa, Angola, etc. attended this session of the congress. Meanwhile, the congress attracted more than 100 medias and over 200 journalists from home and abroad to cover the congress. In terms of number of delegates and scale of exhibitors and booths, the CM2011 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo will be 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:www.chinaminingtj.org

International Mining Industry in Post Financial Crisis Period
- Sidelights on CHINA MINING 2011 Summit Forum
Source: China Land and Resources News Citation: China Land and Resources News Date: Nov. 9, 2011

As time goes by, global financial crisis fades away, but Europe’s debt crisis is increasingly intensified. Mining industry recovered quickly after a heavy toll from financial crisis. Like a supernova with extraordinarily strong light, the industry is showing new changes and trends to the world.   Information disclosed by senior mining officials of participating countries is different from a year ago at CHINA MINING 2011 Summit Forum. The trend in international mining industry is changing gradually. Chinese Mining brings promise to the world For many countries which just got over financial crisis, the struggle is really hard in the past year. However, those countries owing abundant mineral resources and taking mining industry as pillar industry bore much less economic recovery stress. Mining industry sent a dose of confidence to their economic recovery. And the strong demand from China in the recent years largely benefited every country that cooperated with China in mining. Just as Angolan Minister of Industry, Geology and Mines Joaquim Duarte Da Costa David said, “Chinese mining brings promise to the world.”
As a matter of fact, not only in financial crisis period, Chinese mining always persisted in harmonious co-existence and common development with every partner from its first step into international arena. Especially for those developing countries with rich mineral resources, inflow of Chinese capitals helped them go out of the dilemma that they do not have enough financial power to develop these mineral resources. China’s strong capital strength, advanced technologies, responsible attitude and profound humane care brought them not only leapfrog development in mining industry and substantial GDP growth, but also improvement of infrastructure, community environment and educational quality as well as other major changes. Senior mining officials from developing countries all expressed their gratitude to Chinese mining enterprises at the forum this year. Azim Ibrohim, head of Geology Administration under the Government of Tajikistan made a speech entitled Contribution of Chinese Mining Enterprises and Other Concerned Foreign Enterprises to Mining Industry of Tajikistan. He commented that, Chinese mining enterprises made a great contribution to the mining industry of Tajikistan. “In last four or five years, I always actively participated in CHINA MINING and took advantage of the conference to make extensive communication with our peers. Chinese enterprises know well what we need and what we want to do. Many Chinese enterprises entered Tajikistan market and the number is increasing year by year from a dozen to several dozens, and now we have hundreds of them back in my country.” Laos is a mining country which is quickly rising. In the past five years, Laos maintained an annual GDP growth of 13.87%, to which, mining industry made a great contribution. In 2009, mining industry exports accounted for 60% of total exports of Laos. Chinese companies also made undeniable contribution to the development of Laos’ mining industry. Deputy Minister of Energy and Mines of Laos Somboun Rasasombath said, there are more than 60 Chinese companies that have invested about 110 projects in Laos, 18 in exploration stage, 50 more in detailed exploration stage and 42 are under mining now. The Minister of Mineral Resources of South Africa Susan Shabangu confessed straightforwardly that, rapid GDP growth of South Africa in recent years has undeniable connection with China. Enthusiastically Introduce and Recommend Resources and Welcome Foreign Investment Inflow of foreign capitals offered many mining countries, especially developing mining countries, a chance to enjoy a prosperous economy. At the summit forum this year, ministers of mineral from each participating country also welcomed mining investment and enthusiastically introduced and recommended abundant mineral resources they behold. Abundance of mineral resources is a core factor in attracting mining investment. In their addresses, senior mining officials intensively introduced resources endowment of their own country and the solid foundation laid for the mining industry. Joaquim Duarte Da Costa David said, Angola has rich natural resources and the government is carrying out a nationwide geological survey and geophysical exploration, so probably more natural resources reserves will be explored in the future. Besides, Angola has examined and approved many iron ore prospecting right. It is believed that, in the coming three or four years, many prospecting projects will turn to mining projects and more mines will be constructed. He also promised that Angola will further improve mining environment, complete legal system and optimize national political institutions so as to accommodate foreign countries’ mineral resources development.   The Tajikistan government recently formulated and unveiled a series of policies, stating explicitly that they are going to further develop mining industry and increase input on geological prospecting and mineral exploration. Azim Ibrohim introduced that, well endowed with various resources, Tajikistan presently has more than 1,000 mineral deposits under development and production and has issued over 50 mineral rights related licenses to foreign mining enterprises. B. Ariunsan, Deputy Minister of Mineral Resources and Energy of Mongolia, said that Mongolia’s economic growth and development are derived from open economical cooperation, so they hope a continuous cooperation with China and they always see China as the biggest partner for Mongolian mining. India showed a good faith in foreign mining investment at this forum. Shri S. Vijay Kumar, State Secretary of the Ministry of Mines said, this is their second participation in CHINA MINING and the delegation is much expanded compared with last year. Many Indian companies take part in it and many cooperation agreements are concluded. He also elaborated abundant natural resources in India and stressed that India unveiled a series of favorable policies for mining industry development in recent years. For example, the natural resources policy introduced in 2008 encouraged investments of private companies in mining industry. Geological Survey of India is now making a nationwide geological survey and a 1:50000 geological mapping has been completed. Many spatial data, gravimetric data and geochemical data were released on public website so that mining companies may apply for prospecting right accordingly. Even Australia, which has implemented “super” mining tax, also welcomes Chinese investors. Minister of Resources, Energy and Tourism Martin Ferguson AMMP stated that, Australia offers national treatment for all companies from participating countries. Meanwhile, it amended unnecessary contents in mining investment policies last year and foreign investors can make better mining investment. Higher mining investment threshold Although many countries explicitly promise to be open to foreign mining enterprises, they seem less urgent than last year when they still suffer from financial crisis. Indeed, after undergoing resources-relied development, every mining country is bound to actively protect domestic resources and increase value added of mineral products as possible as they can. From another perspective, scarcity of mineral resources make national protectionism in mining industry a sensitive and subtle factor for parties involved in international mining industry to balance. According to the information from the summit forum, a common appeal is to carry out mineral product intensive processing in the home country. B. Ariunsan said that, the government would implement a new plan to further cooperate with foreign investors in preliminary and intensive processing of mineral products. They plan to further carry out preliminary processing of iron ores and intensive processing of coal in the coming three years. Steel making and copper smelting are also listed in the plan. Azim Ibrohim early stated his desire to conduct intensive processing of mineral products in Tajikistan at CHINA MINING of last year. He emphasized again that, Tajikistan expects mineral resources to be intensively processed as end products in the country and it would like to intensify cooperation with foreign companies in this field. Continuous unveiling of new mining industry policies is another feature at CHINA MINING this year, which brings more uncertainties to foreign investment in mining industry. For instance, Australia recently threw out a mineral resource rent tax (MRRT), which will be implemented from July 2012. This taxation ensures that Australia obtain returns via tax levy. Martin Ferguson said that, this taxation policy will also make for foreign investors, because if the project guarantees a long-term and stable return, they need not pay the tax. However, for foreign investors, there are numbers of factors out of control in the process of maintaining long-term and stable return. Moreover, in order to better protect and develop mining industry, many countries are amending mining laws and acts. In August, Indian parliament reviewed and adopted Mineral Resources Amendments Act. Shri S. Vijay Kumar said the Act will manifest its impact on mining industry in the future years. The Ministry of Energy and Mines of Laos even set up a new department, which sufficiently proves its stress on mining industry administration. For Chinese mining enterprises, some depressing information was conveyed at this forum. Although Martin Ferguson said Australia would offer national treatment to all companies from participating countries, merely 7 out of over 3,000 Chinese investment proposals were eligible in the past several years. By this token, there are a lot to be done for Chinese mining enterprises in the process of foreign mining investment.

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 2011 attracted over 5000 delegates, exhibitors and visitors from 55 countries and regions, increasing by over 650 people as compared to the last session. There were 382 domestic and foreign exhibitors, increasing by 38% as compared to the last year. The exhibition area amounted to 25000 square meters, more than doubling that of the previous session, with 1,050 standard booths, increasing by 65% compared to the previous session. There were a total of 23 forums and 7 projects shows held with 425 promotion and negotiation projects introduced by the congress, increasing by 32.8% as compared to last year. At the project signing ceremony, 55 projects were signed, amounting to RMB15.7 billion, increasing by RMB 4 billion and by 34% as compared to the previous year. More than 40 foreign VIPs including 23 mining ministers and vice ministers as well as ambassadors in China from 18 countries and regions such as Australia, Canada, South Africa, Angola, etc. attended this session of the congress. Meanwhile, the congress attracted more than 100 medias and over 200 journalists from home and abroad to cover the congress. In terms of number of delegates and scale of exhibitors and booths, the CM2011 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2012 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 3rd-6th, 2012 (Expo will be 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:www.chinaminingtj.org

Volunteer Mobilization Meeting for CHINA MINING2011 is successfully held
Source: Office of CHINA MINING Citation: Office of CHINA MINING Date: November 4, 2011

 
 

On the morning of November 4, 2011, the Volunteer Mobilization Meeting for CHINA MINING 2011 was successfully held at Meijiang Convention and Exhibition Center. The meeting was presided over by Director of CHINA MINING Tianjin Exhibition Service Center and Deputy Director-General of On-site Command Post Shen Hong. Director-General of On-site Command Post of CHINA MINING 2011 Lu Hong, Secretary of Party Committee of Tianjin Land Resources and House Vocational College Huang Kejing and Deputy Secretary of Party General Branch of Graduate Department of Tianjin Foreign Studies University Tian Hongwu were present at the meeting and gave speeches. 420 outstanding young volunteers from Tianjin Foreign Studies University and Tianjin Land Resources and House Vocational College attended the meeting. At the meeting, Director-General of CHINA MINING Lu Hong presented a flag to the congress volunteer service team. All the team members took an oath in front of the team flag and a representative made a speech on behalf of the volunteers to express their determination. Secretary Huang Kejing and Deputy Secretary Tian Hongwu respectively put forward specific requirements and slogans of action for the members of the volunteer team: “Service guarantee implies responsibilities. I must Ensure no problem arises from myself; I will spare no effort to devote myself to CHINA MINING and strive to become an outstanding volunteer!” Finally, Director-General Lu Hong gave an important speech which firstly recognized the contributions made by the volunteers of previous events, and then introduced general information on this congress and the significance of successfully organizing the congress. Meanwhile she required the volunteers, firstly to fulfill their oaths and practice the ideas; secondly to accomplish their duties and stick together; thirdly to try their best to help each other; fourthly to comply with the regulations and provide quality service; and fifthly to seize the opportunity to discover growth chances in life. Let the smiles of our volunteers become the best name cards of China Mining.  (By Wang Bojue)

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 2010 attracted 4,176 registered delegates (including 1,229 abroad, and 2,947 domestic) from 57 countries and region as compared to 3,000 delegates last session. The number of delegates, exhibitors and visitors amounted to 4,500 as compared to 3,500 last session. There were an 53% increase in total exhibitors to 276 as compared to 180 last session , and an 51% increase in total standard booths to 635 as compared to 420 standard booths last session,. The exhibition area exceeded 10,000 square meters, increasing by 25% compared to the previous session. Mr. Li Keqiang, Vice Premier of the State Council, attended the opening ceremony and delivered an opening speech. First Vice President of Republic of Peru Luis Giampietri Rojas and Managing Director of World Bank Ngozi Okonjo-Iweala as well as mining ministers and vice ministers and ambassadors of eight countries were present at the congress. At the projects signing ceremony, 62 international cooperation projects were signed, amounting to RMB11.7 billion. Meanwhile, the congress attracted nearly 200 major media organizations as well as mining journalists from more than 30 countries in the world to be present for spot coverage. In terms of number of delegates and scale of exhibitors and booths, the CM2010 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2011 will be held at Tianjin Meijiang Convention and Exhibition Center on November 6th-8th, 2011. We invite you to join the event and to celebrate the 13th anniversary of CHINA MINING with us. For more information about CHINA MINING 2011, please visit: www.chinaminingtj.org

Project matching signing ceremony of CHINA MINING 2011 Launched
Source: Office of CHINA MING    Citation: Office of CHINA MING Date: November 8, 2011

The project matching signing ceremony of CHINA MINING 2011 was held at Meijiang Convention and Exhibition Center. Minister of the Ministry of Land and Resources Xu Shaoshi, Vice Minister of the Ministry of Land and Resources Wang Min, Chief Engineer of the Ministry of Land and Resources Zhang Hongtao, Vice Chairman of Tibet Autonomous Region Dong Mingjun, Vice Mayor of Tianjin Xiong Jianping as well as many Chinese and foreign delegates to the Thirteen CHINA MINING attended the ceremony. Based on the previous sessions, the congress concentrates on organizing activities such as contract signing, negotiation and exchange on mining cooperation projects to promote substantial project cooperation carried out by Chinese and foreign mining enterprises. It is learned that there are a total of 55 projects contracted at the signing ceremony with contract value amounting to RMB 15.7 billion. Among them, there are 12 domestic projects with a total value of RMB 5.5 billion; 43 overseas projects with a total value of RMB 10.2 billion. The projects are mainly distributed in 18 countries and regions including Australia, Nigeria and Sudan and related to aspects such as cooperation on mineral exploration and development, financial market cooperation and strategic framework cooperation, mainly involving mineral types such as gold, copper, iron and lead zinc. (By Wang Bojue)

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 2010 attracted 4,176 registered delegates (including 1,229 abroad, and 2,947 domestic) from 57 countries and region as compared to 3,000 delegates last session. The number of delegates, exhibitors and visitors amounted to 4,500 as compared to 3,500 last session. There were an 53% increase in total exhibitors to 276 as compared to 180 last session , and an 51% increase in total standard booths to 635 as compared to 420 standard booths last session,. The exhibition area exceeded 10,000 square meters, increasing by 25% compared to the previous session. Mr. Li Keqiang, Vice Premier of the State Council, attended the opening ceremony and delivered an opening speech. First Vice President of Republic of Peru Luis Giampietri Rojas and Managing Director of World Bank Ngozi Okonjo-Iweala as well as mining ministers and vice ministers and ambassadors of eight countries were present at the congress. At the projects signing ceremony, 62 international cooperation projects were signed, amounting to RMB11.7 billion. Meanwhile, the congress attracted nearly 200 major media organizations as well as mining journalists from more than 30 countries in the world to be present for spot coverage. In terms of number of delegates and scale of exhibitors and booths, the CM2010 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2011 will be held at Tianjin Meijiang Convention and Exhibition Center on November 6th-8th, 2011. We invite you to join the event and to celebrate the 13th anniversary of CHINA MINING with us. For more information about CHINA MINING 2011, please visit: www.chinaminingtj.org

Breakout Session of CM2011 on “Commodities Demand & Supply Trends” is launched
Source: Portal Website of Ministry of Land and Resources    Citation: Portal Website of Ministry of Land and Resources    Date: November 7, 2011

On November 6, 2011, Breakout Session of CM2011 on “Commodities Demand & Supply Trends”” was launched in Tianjin. (Photo by Yu Hongqi and Text by Chen Hui)
Participants are receiving Report on China’s Mineral Resources at the sub-forum (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, Director of Information Center of the Ministry of Land and Resources Han Haiqing is presiding over the forum. (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, Magnus Ericsson, CEO of Sweden Raw Materials Group, is giving a speech titled “Situation Analysis on International Nonferrous Metal Raw Materials”. (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, Tang Weili, General Manger of China Nonferrous Metals Int’l Mining Co., Ltd. is giving a speech titled “New Prospect of Resource Development Driven by High Copper Prices”. (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, Matthew Alexander Blackett, Senior Lecturer of Coventry University is giving a speech titled “Strategic Impact of Disasters on Supply & Demand of Raw Materials”. (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, Prof. Peng Ruqing, Senior Engineer and former Chief Engineer of China Nonferrous Metals Techno-Economic Research Institute is giving a speech titled “Recent Development of China’s Molybdenum Industry”. (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, Liu Shuchen, Research Fellow of Information Center of the Ministry of Land and Resources is giving a speech titled “Current Situation of China’s Mineral Resources”. (Photo by Yu Hongqi and Text by Chen Hui)
As shown in the picture, He Xiaohui from Beijing Antaike Information Development Corporation is giving a speech titled “Situation of China’s Copper Supply and Demand in 2011 and Brief Outlook for 2012”. (Photo by Yu Hongqi and Text by Chen Hui)
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 2010 attracted 4,176 registered delegates (including 1,229 abroad, and 2,947 domestic) from 57 countries and region as compared to 3,000 delegates last session. The number of delegates, exhibitors and visitors amounted to 4,500 as compared to 3,500 last session. There were an 53% increase in total exhibitors to 276 as compared to 180 last session , and an 51% increase in total standard booths to 635 as compared to 420 standard booths last session,. The exhibition area exceeded 10,000 square meters, increasing by 25% compared to the previous session. Mr. Li Keqiang, Vice Premier of the State Council, attended the opening ceremony and delivered an opening speech. First Vice President of Republic of Peru Luis Giampietri Rojas and Managing Director of World Bank Ngozi Okonjo-Iweala as well as mining ministers and vice ministers and ambassadors of eight countries were present at the congress. At the projects signing ceremony, 62 international cooperation projects were signed, amounting to RMB11.7 billion. Meanwhile, the congress attracted nearly 200 major media organizations as well as mining journalists from more than 30 countries in the world to be present for spot coverage. In terms of number of delegates and scale of exhibitors and booths, the CM2010 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2011 will be held at Tianjin Meijiang Convention and Exhibition Center on November 6th-8th, 2011. We invite you to join the event and to celebrate the 13th anniversary of CHINA MINING with us. For more information about CHINA MINING 2011, please visit: www.chinaminingtj.org

To meet challenges with concerted efforts and cooperation for sustainable prosperity and steady development of mining industry
---Speech on the 13th China Mining delivered by Wang Min, vice minister of Land and Resources and director of China Geological Survey
Source: Portal Website of Ministry of Land and Resources   Citation: Portal Website of Ministry of Land and resources   Date: November 6, 2011

Respected Guests, Ladies and Gentlemen,
The world economic recovery is facing opportunities and challenges when entering the second decade of the 21st century. 2011 China Mining will focus on “strengthening international cooperation and accelerating geological exploration & mine development”, expressing to the international mining world our wishes to ensure sustainable prosperity and steady development of the mining industry based on mine exploration, and reflecting our common expectation of promoting strong and sound growth of the industry. Since the start of this year, China’s economic growth has   continued to develop as what macro control expects, maintaining good momentum for development. Particularly, mining industry provides important support for our economic and social development. Mining investment keeps growing. In the first three quarters of this year, the investment in mining industry expanded 27.9 percent from a year earlier to 2.60 trillion Yuan, outpacing the 24.9 percent growth in fixed assets. Specifically, the investment in mine exploitation rose 17.3 percent year on year to 754.2 billion Yuan. The coal mining industry investment continued to take the lead with a growth of 24.6 percent on a year-on-year basis ; the petroleum and natural gas extraction investment grew by 1.5 percent from a year earlier; and the other minerals exploitation investment increased steadily. The investment in smelting and processing of both metal and non-metal grew rapidly, especially for the non-ferrous metal. Prospecting mineral resources goes smoothly. In the first three quarters of this year, our investment in non-oil and gas exploration increased 33.3 percent from a year earlier to 36 billion Yuan. A total of 851 newly transferred mining exploration rights for non-oil and gas mainly centered on such metal mineral resources as gold, copper and iron. The registered areas for non-oil and gas exploration reached 747,000 square kilometers, generally flat with previous years. More than 9,600 minerals exploration projects will drill 10 million meters (up 16 percent year on year). Another 146 fields for coal, iron, copper, tungsten, molybdenum, gold, rare earth and rock phosphate reserves have been found in such provinces as Xinjiang, Hebei, Shandong, Shanxi, Jiangxi, Anhui and Jiangsu. The recoverable large and important mineral deposits still grew rapidly against the backdrop of increasing exploration. Mining production maintains a steady growth. In the first three quarters of this year, the total planned non-oil and gas exploration edged up 4.6 percent from a year earlier to 14.54 billion tons per year. A total of 3,949 mining rights for non-oil and gas were transferred. China produced 154 million tons of crude oil (up 2.2 percent year on year), 2.691 billion tons of crude coal (up 11.6 percent year on year), 322 million tons of coke (up 13.8 percent year on year), 946 million tons of iron ore (up 24.5 percent year on year), 25.86 million tons of 10 non-ferrous metal (up 11.2 percent year on year), 259 tons of gold (up 4.2 percent year on year), 57.25 million tons of rock phosphate (up 30.6 percent year on year) and 1.51 billion tons of cement (up 18.1 percent year on year). China’s output of large minerals continue to rally from a year earlier, and output of coal, 10 non-ferrous metal and cement taking the lead in the world. And domestic supply for minerals keeps growing. Mineral prices are stabilizing. China`s minerals prices continued to rise for the first three quarters of this year, and some of them fell back in the third quarter, showing more volatility. The spot price for crude oil in Daqing field averaged US$110.3 per barrel, up 45 percent from a year earlier. The average price for quality coal was lifted 9.9 percent year on year to 783.7 Yuan per ton. The average price for iron ore fell from 1,430 Yuan per ton to the current level of around 1,200 Yuan per ton. The cooper price fell from 70,900 Yuan per ton in early July to 55,900 Yuan per ton at the end of September, with average price of 69,000 Yuan per ton. The aluminum trades in a narrow range of 16,500 Yuan per ton to 17,200 Yuan per ton. The gold price dropped from 390 Yuan per gram in late August to 335 Yuan per gram by the end of September. The factors that push mineral prices up were tamed to some extent with tighter macro control. Import and export business of minerals is brisk. In the first three quarters of this year, China`s total import and export value of minerals expanded 34.5 percent from a year earlier to US$704.558 billion. Specifically, the import of petroleum rallied 5.2 percent year on year to 219 million tons. The import of coal edged up 1.1 percent from a prior year to 124 million tons, while the import of iron ore rose 11.1 percent year on year to 508 million tons. The import of copper concentrate dropped 6.6 percent from a year earlier to 4.63 million tons, while the import of scrap copper increased 7.6 percent year on year to 3.22 million tons. The alumina import plunged 22.4 percent from a year ago to 3.18 million tons. Mine environment improved. In 2009, The Ministry of Land and Resources of China promulgated the “Regulations on Mine Geological Environment Protection “to further improve accountability mechanisms and supervision mechanisms for protection and recovery of mine geological environment in the background of market economy. To address the long-standing mine geological environment issues, a project titled "transformation of 100 mines" was implemented for 3 consecutive years in resource-exhausted cities. During the "Eleventh Five-Year" period, the central government had invested RMB 12.9 billion in mine recovery, compared with RMB 50 billion for the corresponding investment from local governments, enterprises and private sector, which boosted the recovery rate to leap to 30%, or even 50% in some areas. Ladies and gentlemen,
China has stepped on a fast track of industrialization, urbanization and economic growth. In this context, China needs to make breakthrough in mine exploration to ensure resource supply, improve resource utilization by applying sophisticated technologies, and enhance resource efficiency by creating innovative mechanism. China has and will continue implementing a resource-conservation strategy during the 12th Five-Year Plan period. It will fully control the amount of resources to be used, regulate both demand side and supply side, and promote differentiated administration. In this way, China will lift its efficiency in using mineral resources to a new level and improve its capacity to ensure resource supply. The sustainable development of mineral resources will contribute to a sustainable socio-economic development. First of all, we will fully implement the strategy of accelerating geological exploration & mine development. We will make a balanced use of both domestic and overseas resources and markets, with a firm basis on home market, further ensuring the supply of resources. After years of survey and review, we have a general understanding of our resources and potential. The exploration has become very effective, and the supply is further ensured. Additional resources in Xinjiang, Qinghai, Yunnan and Tibet have been identified and are taking shape. We will accelerate the strategy of geological exploration & mine development, with a focus on key metallogenic regions and mineral types. Geological survey and resource exploration will be strengthened to push for a breakthrough and the building of large mineral resource bases.  We will carry out a new exploration mechanism that gives priority to publish interests, focuses on financing support and commercialization, and emphasizes fast progress by coordinated exploration. We will establish a market-oriented working pattern that puts premium on technology, inter-departmental coordination, and systematic integration with enterprises as primary carriers. That said, we will lay emphasis on building a market-oriented exploration mechanism, expanding diversity of investors, and introducing coordinated exploration. On the part of the government, the key responsibility is to administer the basic geological survey and outlook research for key metallogenic regions, manage resources through economic and legal means, and properly leverage the geological exploration funds, resource taxes and resources compensation fees. The government should redouble its efforts to create a favorable environment for the geological exploration. Currently, the Ministry of Land and Resources has set up 47 blocks for strategic and coordinated exploration in 19 metallogenic regions across the country. The ministry has published the Notice on Improving Mining Rights Management for Coordinated Exploration.(No. 55 [2011] of the Ministry of Land and Resources) It will complete the review of mining rights proposals oriented towards coordinated exploration areas before year-end, and incrementally offer new mining rights to the market. The strategic campaign of accelerating geological exploration & mine development follows the principles of benefiting the investors and providing rewards to those who find mines. Also, the campaign will focus on preemptive planning, resource integration, and information transparency. The fruits will be shared and benefits will be well distributed. According to above-mentioned, we warmly welcome the active participation of domestic and overseas mining and exploration enterprises. Second, we should push forward the conservation and comprehensive use of mineral resources. Resource conservation constitutes a basic state policy of China. China’s Ministry of Land and Resources and Ministry of Finance have signed agreements with the People`s Governments of 21 provinces (autonomous regions and municipalities directly under the central government) to boost conservation and comprehensive use of mineral resources. By setting up "demonstration projects" and promoting "demonstration base construction", China provides incentives and guidelines for mining enterprises to better develop mineral resources. Efforts will be made to promote the comprehensive exploration of low-grade, refractory and mixed mineral resources, and advance hi-tech approaches for resource conservation and comprehensive use so as to improve overall development and utilization efficiency. China will create standards for conservation and intensive use of mineral resources, minimum standards for mining exploration, and indices including mining recovery rate, dressing recovery percentage and comprehensive utilization ratio based on mineral types. China will step up efforts to formulate and implement the Administrative Measures for Promoting Mineral Resource Conservation and Comprehensive Utilization. Third, step up efforts in mining industry restructure and green mine construction. Specific measures include strict implementation of the mineral resources planning, continuous promotion of development and integration of mineral resources, and full implementation of the mining rights planning system. Also, based on the resource situation, geological background, development conditions and market demand, a reasonable set-up and granting of mining rights is necessary to ensure rational distribution of the new mining rights and on-going improvement on existing mining rights. In this way, the root cause of ill-distributed mining rights will be eliminated, which will promote mining restructuring and development mode and enhance the scale and intensiveness of development of mineral resources. In addition, the scope of pilot projects of green mine construction should be further expanded to over 600 demonstration mines within 5 years. Models will be set in the areas of scientific mining methods, efficient use of resources, standardization of enterprise management, environment friendly processes, and ecology-oriented mine environment improvement. Other moves may include perfecting the green mine construction standards, and strictly managing mineral development. Specifically, for new mines, entry management should be conducted in strict accordance with green mine construction standards and for mines in operation, continuous improvement of development and utilization methods should be urged and a deadline for meeting relevant standards will be set. As our target, by 2020, a green mine landscape will have been well formed with large and medium-sized mines meeting green mines standards and small mining enterprises being managed in strict accordance with green mining standards. Fourth, we will further improve mineral resources management. We will accelerate the reform of mining rights review system, and delineate the rights of central and local authorities. Efforts will be made to reform the system for mining rights allocation. Regulations will be improved for the transfer of mining rights, while competition is encouraged. We will perfect physical markets for mining rights on the provincial level and municipal level. Also, we will explore the possibility of online transfer of mining rights and set up a uniform system of rules on mining rights trading. We will launch unified online identification number for mining rights, making sure the rights transfer information is published and open to the public via online inquiry. Efforts are made to encourage and guide the private investment, and fully open the mining rights market to private investors. We will improve the mining resources pricing system, and exploration interest distribution mechanism. We will overhaul the resource tax system. The State Council has amended the Provisional Regulations of the People`s Republic of China on Resource Tax, adding the “rate on value” principle to the existing fixed-sum tax rate method. The State Council has adjusted the collection methods and resource tax on crude oil and natural gas, and adjusted the standards for resource tax on coking coal and rare earth. Efforts are also stepped up in protection and development management for important mineral resources to maintain mine environment and keep development and utilization of mineral resources in order. Ladies and gentlemen,
Thanks to efforts by the global community, the world economy still keeps moderate recovery, although the process is not as accelerated as what we expect. It is full of change and uncertainties. Compared with other industries, mining presents a better development prospects. Global mining market continued to boom. The world demand for petroleum would increase 1 percent a year, and many institutions predict that the demand of the year would be higher than previous year. The output of OPEC oil edged up by months. Russia is likely to set a new record of 500 million tons of annual output for oil, and US oil output rebounded to a recent ten-year high. Some companies predicted that an annual increased production of 100 million tons of coal and iron ore in the next few years can meet the needs of the rising demand. Large multinational enterprises are massively expanding the capacity of iron ore, which may lead to a change in its supply and demand. The growth of demand for copper and aluminum may be above 5 percent and 8 percent respectively. The gold output is estimated to increase 5 percent. Developed countries set strategies revolving around new technology-based minerals. Both EU and US increased their research on availability in raw materials of such new-technology-based minerals as rare earth, cobalt, niobium, tantalum, and indium. International mineral prices fluctuate around high levels. Commodity price remains high as some countries stick to a loose monetary policy and global liquidity is abundant. The crude oil price shot up in the first four months of this year, and sharply fluctuated from May. US crude oil futures fell almost 30 percent from US$110 per barrel in late April to US$80 per barrel at the end of September. Coal prices remained high, and iron ore price picked up. Such precious metals as gold, silver, platinum, and palladium sharply increased: the prices of gold, silver and platinum were higher than that of pre-financial crisis; and the silver price even grew more than that of gold. Some metal prices, including copper, lead, zinc and nickel fell back. Global mining investment sustains rapid growth. The global mining industry has bottomed out, with total investment in the projects expanding 21 percent from a year earlier in 2010, and 14 percent from a year earlier in 2009. There were more than 100 new mining investment projects for over US$60 billion in 2010. The investment of non-solid fuel minerals exploration reached US$11.2 billion in 2010, second to that of US$13.8 billion in 2008, recovering from the decrease due to financial crisis in 2009. The investment of global non-solid fuel minerals exploration is expected to hit US$13-14 billion in 2011, which indicates that the global mining is backing on track. Mining companies accelerate merger and reorganization. In the first half of this year, the trade value for 1,379 global mining merger and acquisition surged 80 percent year on year to US$71 billion Yuan, hitting a record high. Canada, Australia and European countries still play a leading role in the M&A business for coal, iron, copper, gold and potassium. China accounts for low share in overseas mining M&A business, with the trade value falling 18 percent from year earlier to US$4.7 billion. In the second half, the process of global mining M&A slowed down. The trade value and volume declined 32 percent and 19 percent month on month respectively in July, and continued to drop 25 percent and 7 percent in August. The global mining industry continued to turn its focus to the areas located in equator, or even south of the equator. The production and market share for major minerals are dominated by a few companies in the world. Ladies and gentlemen, As the world is at a critical stage in its struggle for economic recovery, the robust growth of global mining industry requires industry-wide confidence, intensified cooperation, communication and coordination. We should speed up the pace in building a fair, rational, sound, and stable economic order for the mining industry. Governments worldwide should assume their responsibilities, so should the people from mining, financial and trade industries. We should safeguard the mining investment and the market stability. For that purpose, I’d like to put forward three proposals: First, we should adopt new philosophy for resource exploration. As is known to all, mineral resources are not only scarce and exhaustible, but also dynamic, systematic, and open. There should be an integration of quantity, quality and ecology. While implementing regulation on a quantity basis, we should improve quality management and ecological protection. We should manage exploration with a philosophy that sees quantity, quality and ecology as an integrated system. Resource conservation, as a priority, should go hand in hand with exploration, so that limited resources can be put into better use. We should stick to market openness, thus realizing optimized resource allocation on a broader basis, and bringing into play the respective regional strength. We should promote fairness, and protect the legitimate rights and interests of resource owners, investors, exploration companies, and the local people. A balance should be struck in protecting the interests of all parties concerned. Moreover, ecological protection should not be left behind. We should shoulder the responsibility of ecological restoration, making sure the mining activity would not damage the environment. We should raise the threshold for market access, selecting eligible and socially responsible companies for mining exploration. Second, we should deepen pragmatic cooperation in the global mining industry. China’s opening up to the outside world, as a basic state policy, will remain unchanged. China will steadfastly implement mutually beneficial and win-win opening strategy. We should proactively participate in economic globalization and mining cooperation, oppose protectionism, and press ahead with a fair and rational trading and investment system for the global mining industry. Efforts should be made to improve foreign-related mining laws, regulations and policies, making China’s mining investment climate more standardized, transparent, and favorable for investors. We are ready to beef up our overseas mining investment, expand mineral products trading, and guide and support strong and credible domestic mining companies to invest overseas and strengthen cooperation with their international mining counterparts. Governments worldwide should promote dialogue and consultation, policy coordination, mutual investment, and carry out bilateral and multilateral mineral resource cooperation. Third, we should intensify international technological cooperation in mining industry. Mining exploration is a technology-intensive industry. With the increasing difficulty in mineral prospecting and stricter requirements on exploitation, we should innovate our ideas, techniques, methods and facilities. Efforts should be made to improve inter-governmental technological cooperation mechanism and the cooperative R&D mechanism among mining companies. Centering on innovative R&D for the key and comprehensive use technology in exploration, metallogeny and mineral prospecting, we should further expand our technical force, promote information exchange, and intensify exploration technology collaboration. Efforts should be made to advance hi-tech application in geological exploration and mining development, and bridge the technical gap between various countries. We should also push forward a platform for international technological cooperation in mining exploration. We should draw upon and disseminate each other’s hi-tech approaches by diverse means, including developing key technological cooperation projects, launching earth science programs, holding seminars and training, conducting joint R&D, and setting up cooperation demonstration projects. Ladies and gentlemen, In the near future, mineral resources will still be critical to the economic and social development, and mining industry will make much difference to the world economy. In view of China`s socioeconomic development, we stick to the basic principle of "ensuring domestic supply capacity of resources”. We are mobilizing what is available on every front to achieve the goals of "significant progress within three years, major breakthroughs within five years and a brand new landscape for mine exploration and development within eight to ten years" for the campaign of “geological exploration & mine development”. We are convinced that China’s mining industry is sure to develop better and faster, and make new contributions to a sustainable development of the global mining world. Thank you!
 (November 6, 2011, Tianjin, China)

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 2010 attracted 4,176 registered delegates (including 1,229 abroad, and 2,947 domestic) from 57 countries and region as compared to 3,000 delegates last session. The number of delegates, exhibitors and visitors amounted to 4,500 as compared to 3,500 last session. There were an 53% increase in total exhibitors to 276 as compared to 180 last session , and an 51% increase in total standard booths to 635 as compared to 420 standard booths last session,. The exhibition area exceeded 10,000 square meters, increasing by 25% compared to the previous session. Mr. Li Keqiang, Vice Premier of the State Council, attended the opening ceremony and delivered an opening speech. First Vice President of Republic of Peru Luis Giampietri Rojas and Managing Director of World Bank Ngozi Okonjo-Iweala as well as mining ministers and vice ministers and ambassadors of eight countries were present at the congress. At the projects signing ceremony, 62 international cooperation projects were signed, amounting to RMB11.7 billion. Meanwhile, the congress attracted nearly 200 major media organizations as well as mining journalists from more than 30 countries in the world to be present for spot coverage. In terms of number of delegates and scale of exhibitors and booths, the CM2010 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2011 will be held at Tianjin Meijiang Convention and Exhibition Center on November 6th-8th, 2011. We invite you to join the event and to celebrate the 13th anniversary of CHINA MINING with us. For more information about CHINA MINING 2011, please visit: www.chinaminingtj.org

Vice Minister of Land and Resources Yun Xiaosu presides over Theme Forum of CHINA MINING 2011
Source: Portal Website of Ministry of Land and Resources   Citation: Portal Website of Ministry of Land and resources   Date: November 6, 2011

Vice Minister of Ministry of Land and Resources Mr. Yun Xiaosu presides over Theme Forum of CHINA MINING 2011: Strengthen International Cooperation, Accelerate Geological Exploration & Mine Development.

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 2010 attracted 4,176 registered delegates (including 1,229 abroad, and 2,947 domestic) from 57 countries and region as compared to 3,000 delegates last session. The number of delegates, exhibitors and visitors amounted to 4,500 as compared to 3,500 last session. There were an 53% increase in total exhibitors to 276 as compared to 180 last session , and an 51% increase in total standard booths to 635 as compared to 420 standard booths last session,. The exhibition area exceeded 10,000 square meters, increasing by 25% compared to the previous session. Mr. Li Keqiang, Vice Premier of the State Council, attended the opening ceremony and delivered an opening speech. First Vice President of Republic of Peru Luis Giampietri Rojas and Managing Director of World Bank Ngozi Okonjo-Iweala as well as mining ministers and vice ministers and ambassadors of eight countries were present at the congress. At the projects signing ceremony, 62 international cooperation projects were signed, amounting to RMB11.7 billion. Meanwhile, the congress attracted nearly 200 major media organizations as well as mining journalists from more than 30 countries in the world to be present for spot coverage. In terms of number of delegates and scale of exhibitors and booths, the CM2010 all topped the previous sessions, ranking the world’s premier mining congress and expo..

CHINA MINING Congress and Expo 2011 will be held at Tianjin Meijiang Convention and Exhibition Center on November 6th-8th, 2011. We invite you to join the event and to celebrate the 13th anniversary of CHINA MINING with us. For more information about CHINA MINING 2011, please visit: www.chinaminingtj.org

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