Spring of “Internet +” in mining winter
Mining industry is in a poor state while internet industry is developing strongly. In CHINA MINING 2015, Internet plus gained the most popularity. In the afternoon of October 20, the site of strategic sub-forum cohosted by Qinglan Mining Circle was fully occupied.
"Internet + Mining" first will drive resource growth, then bring the change of the industry development, and then promote the transformation of mining companies, and at last lead to the rise of new markets. Mr. Jiang Jianjun, director of Science and Technology and Cooperation of Land and Resources believed that "Internet + Mining" is promising and even bring a turning point of mining development.
This forum was hosted by Dr. Mr. Zhang Yan, founder of Ming Circle. Guests present at the conference analyzed difficulties faced by resource industry, discussed the innovative mode of "Internet + Mining" and analyzed the changes that Internet plus has brought to mining industry from the perspectives of industry, finance and service.
Guests pointed out three issues faced by the current mining industry. The first one is that the industry efficiency is not high, supply and demand information is asymmetry and division of Industries and local authorities is serious. The second one is that financial service is not enough nearly without mining capital trading platform and minings of heavy assets are seriously lack of capital. The third one is extensive enterprise management, low enterprise internal management level and huge enterprise external industry space that can be optimized.
These issues mean challenges as well as opportunities.
Mr. Feng Rui, chairman and CEO of Silvercorp Metals Inc, recognise the convenience that Internet plus has brought to the internal management. He said that his company has developed a web-based software, to which engineers can upload the recorded details and photos after getting into the mine. Then managers at all levels can check the safety inspection at any time. This not only solved the problem of the performance assessment, but also formed management platform of the problem, improving the efficiency and saving the cost.
Mr. Yi Tingbin, CEO of Beijing Headmen Group，who has many years of experience in mining right evaluation,is interested in “Internet + Mining + Finance”. He said that because mineral resources on the underground is protean, financial institutions loans more cautious of mineral rights, especially the right of exploration. However, the mode of “Internet + Mining + Finance” can solve this kind of problems to some degree.
Zhang Yan introduced that through the mode of “Internet + Mining + Finance”, Mining Circle has developed mining loans(P2P), mining trade(Crowd funding), and has innovatively offered mining internet financing service.
During the forum, mining circle held a conference of global mining “One Mine, One Code”. Enterprises just spend three minutes filling the relevant information on the mining circle platform to generate the only 2D barcode and its enterprise’s related introduction page. Moreover, enterprises can position their own map according to minerals and industries, release product supply and purchasing information, open up the three level of industry chains, information flow, logistics and capital flow, in order to forming the big data of the global mining Internet plus.
Mr. Yao Chuanlie, general manager of Shenzhen Qianhai Supply Chain Management Co., LTD, thumbed up for this action. He said, the resource is a big industry with hundreds kinds of minerals and each mineral has more than 10 industries, which will make hundreds of matrix. Through “One mine, One code”, we can register and release our product demand in three minutes, and find our upstream and downstream, as well as our own position.
At the scene of the forum, Chinese mining “Internet+” strategic alliance organized by mining circle held its signing ceremony. The alliance take the advantages of the features of fast, equality and coordination of internet information technology, with the help of the alliance enterprises’ technology, capital and service, break the barrier of the traditional industry structure and interface of cooperation, provide high efficient products and services, establish organic relationship between industries and build good resources ecological system in China.
Guests have spoken highly of this kind of collaboration. Madam Xia Yucai, general manager of Hebei Hanxing Mining and Metallurgy Design Institute Co., Ltd said, his company is establishing a service alliance with two companies respectively responsible for exploration and mine production management. He added, “mining industry is in its winter period with difficulties in asking for money and finding mines. However, we think that if winter comes, can spring be far behind. We are confident for our future.”
Mr. Zhang Jinghe, chairman of China Coal Group Co., Ltd, said, “The winter of mining industry has a great impact on all of the mining service industry. We need to discuss the service mode of powerful combination and invest overseas with mutual support. And “Internet +”can save our cost and improve our efficiency.”
As an innovation of mining industry in China, “Internet +” has gained popularity from the industry. According to Zhang Yan, through the wechat platform built by mining circle, 3,000 insiders participated this forum. A total of 180 representatives released their 2D barcode on the spot and 100 enterprises have applied to join the alliance. Now mining circle has 5000 enterprise users and 5000 individual users. (Cheng Xiujuan and He Zhiqiang)
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.
