Source: www.chinamining.org    Citation: Xinhua          Date: Oct.10, 2017

China's resource tax reform has brought huge tax reductions to enterprises, as well as healthy industrial development, the State Administration of Taxation (SAT) said Monday.

By the end of June this year, Chinese firms had had their taxes reduced by 4.2 billion yuan (about 630 million U.S. dollars) since the government expanded resource tax reform across the nation last July, according to the SAT.

Source: www.chinamining.org  Citation: China Daily       Date: Sept.29, 2017

Blaming environmental measures for increases 'only rattles market'

The Ministry of Environmental Protection has dismissed claims that China's tough measures to rein in pollution, including environmental inspections and factory closures, have dampened industrial production and pushed up prices of industrial products.

Source: www.chinamining.org  Citation: Reuters             Date: Sept.28, 2017

China will cancel about a third of its iron ore mining licences, mostly belonging to small polluting mines as part of Beijing's efforts to improve air quality, a mining association official said on Wednesday.

Source: www.chinamining.org  Citation: Xinhua      Date: Sept.27, 2017

China's mining sector saw revenues increase 12.4-fold year-on-year in 2016, due to improved technology in prospecting and mining, said China's land resources minister Saturday.

China spent more than 77 billion yuan ($11.7 billion) in geographic prospecting in 2016 to verify new reserves of 36 varieties of mine resources, two new oil fields, two major natural gas fields and 764.3 billion cubic meters of shale gas reserves.

Does Global Mining economy begin to recover? Has the spring of China’s Mining industry come? What’s the prospect of the Mining industry’s future of China? On Sept.23rd, September, many top mining companies attended CHINA MINING Congress and Expo 2017 to discuss their problems, the opportunities and challenges facing global mining and the development strategies.

In the afternoon of 24th, September during CHINA MINING Congress and Expo, in Meijing Convention and Exhibition Center of Tianjin, there is no extra seat in a big conference room with one hundred seats. Even the aisles are full with audiences. A very old man in a wheel was listening to a speech very carefully with an earphone. We have officials from the United Nations and leaders of mining resource departments of Canada, Ukraine, etc. This Mining Cooperation Forum and Chinese scholars, entrepreneurs and people working in financial fields.

 

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Participants are communicating with each other. Photographed by Li Zhentao  

“I came here last year, but I want to introduce Niger’s potentials of mining resources and mining management again for the purpose of persuading you to invest in Niger’s mining and conduct geological cooperation.” said the Hon. Mr.Abubakar Bawa Bwari, Minister of State, Ministry of Mines and Steel Development, Nigeria on 24th, September. What he said also represents the voice of all the representatives of the third international geology geological survey.

It’s autumn now.

On September 24th, Mining Ministers Forum of CHINA MINING Congress and Expo 2017 was held at Meijing Convention and Exhibition Center of Tianjin. Mining ministers from home and abroad come together to discuss development opportunities and strategies of global mining.

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