Ministers from ten countries and regions presented at the CHINA MINING 2015

Ministers from ten countries and regions presented at the CHINA MINING 2015

Source: www.zgkyb.com   Citation: www.agkyb.com  Date: October 26, 2015

The Mining Ministers Forum was held by Mr. Wangmin, vice minister of the Ministry of Land and Resources, PRC, at Tianjin Meijiang Convention and Exhibition Center on the morning of Oct 22, 2015. Mining ministers and vice ministers from 10 countries and regions delivered speeches at the forum, introduced mineral resources situation, mining policies and investment advantages of each country and region and made analysis on the current features and development trends of the mining industry.

The Hon. Mr. AtoTolesa Shagi Moty, State Minister for Mines of Ethiopia, was the first one delivered the speech. He stated that Ethiopia is rich in mineral resources and they are the basis of industry development. “Gold is the major source of foreign exchange for Ethiopia. In the south Ethiopia, the annually exported gold ores reaches 5tons and there are also some exploitation projects in the north and west Ethiopia where is famous for its well- developed phosphorus resource. While the east Ethiopia is rich in mineral resources, most of the region is yet to be exploited.” He said.

Other delegates also introduced the mineral situation in each state and region. Fairly stable political system and sound mining legal system as well as well-implemented mineral laws consists of advantages of Eritrea and which benefit the cooperation between stakeholders. Besides, most regions in Eritrea are yet to be exploited. There are abundant ruby and sapphire deposits in Greenland. And in the south Greenland, there are two large rare earth mineral areas which are applying for exploitation license. Iron ores, coal mines, vanadium ores, zinc ores, tungsten ores, niobium ores and other mineral resources are widely spread in Greenland. The mining industry accounts for the bulk of Peru economy, with the proportion topped 57%. Peru is rich in lead and zinc ores, tin ores cooper ores and silver ores and its foreign investment in 2013 topped at $9.7 billion,$1.1 billion more than that of 2014.Advocating the sustainable development of mining industry, government of Peru has carried out polices about environmental protection, environmental assessment, environmental risks and provide preferential tax policies so as to encourage foreign investors to fulfill the commitment and protect the environment. 

Wang Min said, 10 countries and regions had created favorable conditions for global mining investment and cooperation. The success of the forum embodied our desire for and confidence in deepen communication and cooperation and indicated the great potential and prospects of international mining cooperation.(Liu Aiying)

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. For more information about CHINA MINING, please visit: www.chinaminingtj.org.