China Mineral Resources 2020 report published

On October 23, China Mineral Resources (2020) report was released during China Mining Conference and Exhibition 2020.

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The "Report" was organized by the Ministry of Natural Resources, and 10 chapters were used to highlight my country's new progress in mineral resources exploration and development and utilization, green prospecting and green mine construction, geological and mineral survey and evaluation since 2019, and new changes in mineral resources policies and regulations, and new measures in mineral resource management and ecological environment protection, and new developments in scientific and technological innovation in mineral resource exploration, development and utilization and theoretical research on geosciences, as well as new achievements in the “Belt and Road” international geological and mineral cooperation. At the same time, it introduced the measures taken by the Ministry of Natural Resources to implement the requirements of "six stability and six guarantees" to help enterprises resume work and production since the outbreak of the epidemic COVID-19. According to the "Report", as of the end of 2019, 173 kinds of minerals have been discovered nationwide. Among the new mineral resources explored in 2019, major metal minerals such as manganese ore, copper ore, lead ore, zinc ore, tungsten ore, molybdenum ore, silver ore, etc. are newly increased significantly, while iron ore, nickel ore, tin ore, and gold ore are significantly decreased. Among them, gold mines added 487.7 tons, a decrease of 32.2% compared to that in 2018.

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In 2019, the national investment in geological exploration was 99.34 billion yuan, an increase of 22.6% over the previous year. Among the investment in non-oil and gas minerals geological exploration, the investment in mineral exploration was 8.803 billion yuan, down 5.1% year-on-year, mainly for gold, lead-zinc, coal, uranium, and copper exploration, accounting for 54.2 of the national non-oil and gas mineral exploration investment in total %. Compared with 2018, investment in tungsten ore, tin ore, molybdenum ore, and graphite has increased, while investment in coal, iron ore, manganese ore, copper ore, nickel ore, gold ore, potash, phosphate ore and other minerals has dropped significantly. in 2019, the exploration investment of gold mines was 1.172 billion yuan, a year-on-year decrease of 24.6%; the drilling workload was 770,000 meters, a year-on-year decrease of 34.2%; 5 new mineral deposits were discovered, and 31 mineral deposits were completed phased exploration. In terms of comprehensive conservation and efficient utilization of mineral resources, China's level has been further improved. First, the minimum index system of "three rates" of mineral resources has been improved. The second is to construct an investigation and evaluation system for the development and utilization of mineral resources. Third, the catalogue of advanced and applicable technologies for saving and comprehensive utilization of mineral resources has been updated.

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The "Report" pointed out that in 2019, China's mining ecological restoration efforts continued to increase, and policies and measures to encourage and guide social capital to invest in ecological restoration of mining areas will be studied and formulated. We will implement the major national strategic decisions, and deploy and carry out ecological restoration of historical mines in key areas such as the Yangtze River economic belt, the Yellow River Basin, the surrounding areas of Beijing-Tianjin-Hebei, and the Fenwei plain. Actively promote the revision and improvement of green survey standards, and vigorously carry out demonstration work of green survey projects. Through the formulation and implementation of plans, standards and policies, all localities have comprehensively promoted the construction of green mines. From 2019 to 2020, the central government will arrange 3.7 billion yuan in awards and subsidies. According to remote sensing monitoring data statistics, in 2019, the newly-increased mines restoration and treatment area nationwide was about 48,000 hectares. Among them, the newly restored area of under construction and production mines is about 19,200 hectares, accounting for 40.05%; the newly restored area of abandoned mines is about 28,800 hectares, accounting for 59.95%. In the annual green mine selection, 953 were included in the national green mine list. Among them, 573 were large mines, accounting for 60.2%; 292 were medium-sized mines, accounting for 30.7%.

In terms of mineral resources policies and regulations, in 2019, the "Resource Tax Law of the People's Republic of China" was promulgated and implemented, the "Mineral Resources Law (Revised Draft) (Draft for Review)" was drafted, and the "Opinions on Promoting the Reform of Mineral Resources Management" (Trial)"were issued, and a series of major institutional innovations were made in establishing and implementing the mining right transfer system, optimizing the management of oil and gas mining rights, and reforming the classification and management of mineral resources reserves. In 2019, the total national resource tax revenue was 182.2 billion yuan, an increase of 11.8% from the previous year, accounting for 1.2% of the country’s total tax revenue; the national mineral resources special income was 97.754 billion yuan, including the proceeds from the transfer of prospecting rights and mining rights of 94.146 billion yuan, and the prospecting rights and the mining right use fee (occupation fee) 3.608 billion yuan.

In terms of mineral resources management, the "Report" revealed that as of the end of 2019, there were 12,294 prospecting rights nationwide, with an exploration area of 3.152 million square kilometers, down 26.1% and 6.4% year-on-year; 39,799 mining rights, with an area of 255,000 square kilometers, down 18.9% and 1.1% respectively. In 2019, there were 527 new prospecting rights nationwide, with an exploration area of 14,429 square kilometers; 1,649 new mining rights, with a mining area of 5,235.48 square kilometers. The "Report" also gave a detailed introduction to the survey and evaluation of geology and mineral resources, management and services of geological data, scientific and technological innovation in the field of mineral resources, and international cooperation in the field of mineral resources. It also points out that China’s research achievements in mineral resources field are remarkable, and China has made new breakthroughs in the metallogenic theory and key technologies. We have actively implemented the results of the second International Cooperation Summit Forum on “The Belt and Road Initiative”, comprehensively promoted bilateral and multilateral cooperation in the field of geology and minerals, further consolidated and developed practical cooperation with relevant countries in the field of mining through China Mining Conference and Exhibition, China-ASEAN Mining Cooperation Forum and other international exchange platforms. (Reporter/Pei Hong) (Translated by Tianjin Minexpo)

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China Mining Conference and Exhibition (CHINA MINING) is officially supported by Ministry of Natural Resources China. Since first held in 1999, CHINA MINING 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 survey and evaluation, exploration and mining, techniques and equipment, investment and finance, trade and services, etc., playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

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