Russia to build gas pipeline to China in August

Source: www.chinamining.org  Citation: Xinhua Agency  Date: Jun. 20, 2014

Russia`s energy giant Gazprom said Wednesday it will start welding seams of its major pipeline for gas supplies to China in August.    

"We have a clear action plan. We have distributed all duties and we have set tough deadlines," Gazprom said in a statement, citing company CEO Alexei Miller.   

"Our goal is to weld Power of Siberia`s first joint as soon as August," the Itar-Tass news agency quoted Miller as saying.    

China and Russia signed the China and Russia Purchase and Sales Contract on East Route Gas Project and a memorandum on May 21, and the 30-year contract will see the east route pipeline starting providing China with 38 billion cubic meters of natural gas annually from 2018.   

Also on Wednesday, vice president of Gazprom Alexander Medvedev said the company and China National Petroleum Corporation (CNPC) have inked a 25-billion-U.S. dollar advance payment agreement for gas supply.    

He said Gazprom will also carry out further negotiations with CNPC on the gas supply of west line and the supply of liquefied natural gas (LNG) in near term.

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 20th-23rd, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

Xi`s call for `energy revolution` supported

Source: www.chinamining.org  Citation: China Daily  Date: Jun.16, 2014

President says security of supplies must be raised to a higher level

Experts reacted favorably to President Xi Jinping`s call on Friday to accelerate China`s energy production and diversity and to raise energy efficiency.

They said the leadership`s resolve to seek an energy revolution will pave the way for more non-State companies to enter the industry and foster healthier competition in the sector.

Xi stressed that China must raise its energy security to a higher level as he presided over a meeting of the Central Leading Group on Financial and Economic Affairs to map out the next round of the "revolution in energy and production and consumption".

He also confirmed that more new nuclear energy projects will be launched soon in eastern coastal areas, based on higher safety standards.

Lin Boqiang, director of the China Center for Energy Economic Research at Xiamen University, said it is high time for the top leadership to launch China`s new energy initiative.

It was doing so at a time when energy imports in the United States were on the decline thanks to its shale gas development, while China`s dependence on imported oil and gas supply was still growing.

The situation is forcing China to try to safeguard its energy security, Lin said.

At Friday`s meeting, Xi said the nation will continue to reform the energy industry to create effective competition and a market-based pricing mechanism.

Han Xiaoping, chief information officer at China Energy Net Consulting Co, an industry consultancy in Beijing, said the innovative part of China`s ongoing energy revolution is to use market forces to strengthen energy security.

He said China has rich oil and gas resources "but its development still lags behind because the industry is to a great extent monopolized by just a few large corporations".

Han said he expects progress on China`s reform and opening-up to free the industry from its shackles of "vested interests".

Xi also said that to ensure energy security, China needs to build up a diverse supply structure featuring multiple domestic channels, including clean and efficient use of coal and the development of new energy resources.

Meanwhile, it should strengthen international cooperation with an open mind.

Han said China has made great efforts to diversify foreign energy supply channels in the past few years and has achieved encouraging results, including a newly signed $400 billion natural gas import deal with Russia.

The success of the agreement with Russia is closely related to China`s diversified gas production development in past years, he said.

Han also noted China`s breakthroughs in shale gas output at the Sichuan basin, and coal gas and liquified natural gas projects elsewhere in the country.

At the energy meeting, Xi also urged that more new technologies be adopted on low-carbon emissions. He pledged greater efforts to reduce energy waste and to cap the nation`s energy use.

"Energy-saving should be carried out in all processes and fields of social and economic development," Xi said.

Wang Zhaoli, general manager of Ista Measurement Technology Services (Beijing) Co, a subsidiary of the Germany-based metering company Ista, said cutting consumption is the best way to save energy and this requires widespread public education efforts.

The government needs to adopt stricter administrative measures to cut energy consumption in many areas, such as heating systems in residential buildings, Wang said.

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 20th-23rd, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

China Seen Outspending U.S. Drillers to Chase Shale-Gas Boom

Source: www.chinamining.org  Citation: Bloomberg  Date: May.30, 2014

China`s effort to catch up with the U.S. in developing shale gas and become more energy independent is coming at a big cost: It`s spending four times as much developing some fields, according to a new report.
   
Holding the world`s biggest potential reserves of natural gas in shale rock, China will spend billions of dollars in trying to close a gap with the shale leader, which is about a decade ahead in developing the energy resource, according to a study by Bloomberg New Energy Finance released yesterday.
   
The emergence of shale projects in Asia and Europe affects global gas and oil prices and is changing the energy agendas of governments from London to Beijing. In China, leaders mandated national targets for their producers such as state-owned China Petroleum & Chemical Corp. (386), known as Sinopec.
   
"For the government, shale is one of the highest priorities, and Sinopec is looking to distinguish itself by making gains in shale," Xiaolei Cao, an analyst at Bloomberg New Energy Finance, said in an interview.
   
Sinopec`s estimate that it will spend an average of $10 million per well at its Fuling site compares with costs as low as $2.6 million a well in parts of the U.S., BNEF said.
   
The chasm will narrow going forward. Sinopec`s drilling costs will fall as it ramps up production to meet the government`s target of 6.5 billion cubic meters a year by 2015. Analysts say that goal is increasingly within reach after massive investments by China and overcoming technological hurdles.
   
Cost Reductions
   
"By reducing costs, Sinopec will be able to produce more gas and those economies of scale will further bring down its expenditure," Cao said.
   
In contrast to China`s target of 6.5 billion cubic meters, the U.S. produced almost 300 billion in 2012, the last year data is available, according to the Energy Information Administration.
   
Two calls to Lv Dapeng, Sinopec`s Beijing-based spokesman, were unanswered.
   
Sinopec has made progress reducing its costs at Fuling in the past two years, BNEF said. It could even be cheaper than a landmark $400 billion deal China signed with Russia earlier this month, depending on the amount a well produces, according to the report.
   
PetroChina Co. in 2012 produced 74 percent of the nation`s natural gas, while Sinopec`s share was about 16 percent, according to the two companies` annual reports of gas production, which was almost entirely conventional and tight gas.
   
Air Quality
   
In keeping with its goals to improve air quality, China plans to increase gas consumption to 9 percent of its total energy demand by 2017, up from 5.2 percent in 2013, and hold coal consumption to below 65 percent, according to a statement from China`s National Development and Reform Commission on May 16.
   
Beyond its 2015 target, China aims to produce between 60 billion to 100 billion cubic meters of shale gas by 2020. While next year`s goal now seems within reach, analysts say they are still skeptical about such a rapid development in shale.
   
The 2020 target "still looks quite ambitious," Charles Blanchard, head of gas research for BNEF, said in a statement. "Costs must continue to fall and greater competition, at least in the upstream, will be required."
   
China holds the world`s largest reserves at 25.08 trillion cubic meters of exploitable onshore shale gas, the country`s Land and Resources Ministry said in March 2012. The U.S. has 13.65 trillion cubic meters of technically recoverable gas from shale formations, its Energy Information Administration said in January that year.

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 20th-23rd, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

Glimpses on the 20th South Africa Mining Indaba

Delegates were obtaining related information at the booth of the Ministry of Land and Resources of China.
Negotiating issues about cooperation
Delegates were talking

On February 3-6, the 20th South Africa Mining Indaba was held in Cape Town International Convention Center. Nearly 8000 delegates attended the conference, including government officials, executives in mining enterprises, geologist, representatives of financial sector, investors and market analysts etc. Delegates discussed about issues of mining development potentials in African area, global market outlook of mining commodities, tendency of African mining exploration, mining development in Africa and sustainable development etc. Chinese delegation, which was led by Bai Xingbi, Deputy Director-General of Department of International Cooperation & Science and Technology, the Ministry of Land and Resources, attended the conference and exhibition.

Bai Xingbi, the head of Chinese government delegation, delivered a speech in Non-African government forum
The Hon. Ms. Susan Shabangu, Minister of Ministry of Mining, South Africa, delivered welcoming speech.

The conference period happened to be Chinese Spring Festival. The Chinese booth with strong favor of New Year attracted a lot of delegates to stop. Delegates of different countries streamed here to acquire and negotiate. (Zhao Zhiqing, Liu Xi) (translated by TLRHVC)

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20-23, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

The 20th South Africa Mining Indaba held in Cape Town

On February 3-6, the 20th South Africa Mining Indaba was held in Cape Town International Convention Center. The conference called on related parties to increase investment and develop rich mineral resources in Africa properly.  

The Hon. Ms. Susan Shabangu, the Minister of Ministry of Mining, South Africa, addressed that the cost of developing mineral resources in Africa was relatively low and what Africa need was responsible investment not just expecting quick success and instant benefits; Mining development is long-term investment; Only the investors who realize balance in mining development could get maximum benefits; Only connecting mining development with construction of infrastructures could put forward the healthy development of African mining.

Bai Xingbi, the Deputy Director-General of Department of International Cooperation & Science and Technology , the Ministry of Land and Resources, also the head of the Chinese government delegation, delivered a speech in the Non-African government forum. He introduced that Chinese government would take every effort to promote construction of ecological civilization, highly focus on support capacity of mining industry to economy, propel mining industry to realize scientific development, vigorously implement the strategic action of prospecting breakthrough based on our own country, develop green mining through comprehensive utilization of resources, continuously improve resources security, change the way of resources utilization, speed up transformation and upgrade of mining industry, focus on improve resources efficiency and strengthen foreign cooperation of mining industry especially Sino-Africa cooperative forum to reach related agreements and the progress and related polices on Sino-Africa mining cooperation to the delegates. Mr. Bai Xingbi sent out loud “Voice of China” and gained a lot of applauses from the delegates. 

There were more than 7000 delegates who come from government, mining enterprises, financial sector, geological sector and service units of more than 100 countries attending the conference. Delegates had a further discussion and analysis about issues of mining development potentials in African area, global market outlook of mining commodities, African mining exploration, sustainable development and challenges and opportunities faced by African mining etc.. Chinese delegation which was compose of 11 delegates from the Ministry of Land and Resources attended.  (Zhao Zhiqing, Liu Xi)(translated by TLRHVC)

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20-23, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

China has became the world`s third largest consumer of natural gas

Source: www.mlr.gov.cn  Citation: www.chinamining.com.cn   Date: Jan.20, 2014

"2013 Domestic and International Oil and Gas Industry Development Report" (hereinafter referred to as the "report") compiled by China CNPC Research Institute of Economics and Technology released in Beijing on January 15th. It’s reported that In 2013 the dependence degree of China`s oil, natural gas reached 58.1% and 31.6% respectively. China has became the world`s third largest consumer of natural gas; it’s estimated that in 2014 international oil prices would be slightly down. The price gap would continue to narrow among the areas in America and the Eurasian. However, the demand for China oil would rebound slightly. The demand for natural gas would continue to increase rapidly which would increase to 6.3%.

The report pointed out in 2013 apparent consumption of petroleum and crude oil reached 0.498 billion tons and 0.487 billion tons respectively, with the growth of 1.7% and 2.8%. The growth rate fell 2.8% and 1.7%. Degree of dependence on foreign oil was 58.1%, basically the same as the previous year.

The report showed in 2013 the demand for natural gas increased rapidly. It’s estimated that apparent consumption reached 167.6billion cubic meters with an increase of 13.9%. A proportion of energy consumption would increase from last year’s 5.4% to 5.9%. Natural gas imports reached 53billion cubic meters and the foreign dependency rate reached 31.6%. 

In production, the report pointed out in 2013 national crude oil production had steady growth, which estimated to reach 0.21billion tons with an increase of 2.1%. The output of conventional natural gas was about 117billion cubic meters with an increase of 8.6%. Shale gas production was expected to close to 0.2billion cubic. Compared with 2012, the equity yield of overseas oil and gas exceeded 0.11billion tons, a growth of more than 10%.

The report estimated in 2014 oil demand in China would grow at around 4%,up to 5.18 tons. Net imports of oil and crude oil would reach to 304million tons and 298million tons, increased 5.3% and 7.1% than that in 2013. Foreign oil dependence would reach to 58.8%. The supply and demand for natural gas in the market would still remain balanced. The apparent consumption was expected to reach 186billion cubic meters with an increase of 11%. A proportion of energy consumption would increase to 6.3%. (Wang Jun) (translated by TLRHVC)

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20-23, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

2013 review and 2014 outlook of China coal industry development

Source:www.mlr.gov.cn  Citation: www.chinamining.com.cn Date: Jan.20, 2014

There is no doubt that it was very hard for China`s coal industry in 2013.

In 2013, coal market price experienced "drop". Although it showed a slight rise a few months before the end of the year, it still faced the reality of “crash”.

At the same time, the year 2013 was an important year for the coal line to experience the deepening of marketing reform in our country.

This year, the general office of state council implemented fully “the Guidance on Deepening the Marketing Reform of Electricity and Coal,” cancelled the key contracts, and realized the price incorporation of electricity and coal. The examination and approval system reform of state administration meant that coal production license and coal business license were canceled and it was easy to operate coal business, which stimulated the market dynamics.

How to make the whole society have an in-depth understanding of the coal industry development and the difficulties and problems in the coal industry? On January 15, China Coal Industry Association held a press conference in Beijing. During the conference, 2013 national economic operation, reform and development of the coal industry were introduced. Meanwhile, coal development environment and the future development of coal industry were analyzed.

Liang Jiakun, vice-chairman and secretary-general of the Association, said that "China Coal Industry Association is the participant, promoter and builder of the reform and development of coal industry, shouldering the important mission. I also hope that all parties can pay more attention to the development of coal industry."

At this meeting, China Coal Industry Association issued “on the reform and development of China`s coal industry in 2013”. Relevant experts made analysis and forecast of coal.

Enough supply and structural surplus unchanged

Enough supply and structural surplus were still the general situation of national coal market in 2013.

According to Jiang Zhimin, vice-chair of Association and spokesman, in 2013 the national coal output increased slightly, and consumption began to fall with the shipment rebound, high inventories and the continual increase of net import.

According to the association’s preliminary statistics, in 2013, the national coal output was 3.7 billion tons with annual average output decrease from over 200 million tons for 10 consecutive years to 50 million tons the first time. The national coal consumption was 3.61 billion tons with annual average consumption decrease from 9% for 10 consecutive years to 2.6%. The rail shipment of coal throughout the year was 2.32 billion tons, 58.1 million tons and 2.6% increase over last year. The imported coal reached 327 million tons. The exported coal reached 7.51 million tons. The net imports of coal were 320 million tons, 40 million tons more than in 2012. By of the end of December 2013, the stored coal of coal companies reached 84 million tons, 700000 tons over last year.

Coal price decline was another feature in 2013. According to statistics, the national coal price began to recover slightly since December after a sharp drop.  According to China`s coal price index (the national comprehensive index) change, price index dropped from 170.7 at the beginning of the year to 157.8 at the end of September (low point), with slight rebound since early October. On December 27, it reached 161.8, 4 points increase than the end of September (low point), 8.9 points lower than the beginning of the year and    41.2 points lower than the high point of 2011.

The economic benefits of coal industry fell dramatically with business loss expansion, and the majority of the old mining areas experienced difficulties because of multiple factors such as coal market demand decline, output surplus, expansion of imported coal, tax burden and the heavy historical burden.

According to statistics, for the first 11 months, coal enterprises’ main business costs rose by 4.56% over last year. For the large-scale coal enterprises, main business costs rose by 21.1% with industry profits decrease by 38.8% (enterprise loss was 40.554 billion Yuan, 80.70% increase over last year). The profits of large-scale enterprises fell by 37.03% (33 loss-suffering enterprises, 36.7% of the total, 16.7% increase over last year).

Industrial structure optimization, concentration increasing

Compared with coal market situation, coal industrial restructuring made significant achievements.

First, it was the continuous optimization of production structure. Figures showed that in 2013, the coal mine number was 12,000, 13000 less than that in 2005. Among them, the large-scale coal mines with the annual output of 1.2 million tons reached more than 850, 560 more than those in 2005. The proportion of total output increased from 35.7% to 65%. There were more than 300000 small coal mines under the annual output of 300000 tons, 10000 less than those in 2005. The proportion of total output dropped from 30% to 16%.

At the same time, large-scale coal base construction was in steady progress. According to preliminary estimate, the output of 14 major coal bases reached 3.4 billion tons, accounting for 92% of the total national output, 2% increase. Preliminary analysis forecast showed that the output of nine provinces and autonomous regions such as Inner Mongolia, Shaanxi, Shanxi, Guizhou, Henan, Anhui, Shandong, Xinjiang, Yunnan exceeded one hundred million tons, accounting for about 83% of the country`s total output, 2% increase. The raw coal output of other five provinces like Hebei, Ningxia, Heilongjiang, Hunan, Liaoning, reached more than 50 million tons, accounting for about 10% of the country`s total output.

At the same time, large coal enterprises continued to maintain the rapid development. Preliminary statistical analysis showed that the raw coal output of eight enterprises such as Shenhua, Jining Coal Industry and Mining, Datong Coal Industry Group Company, Shandong Energy, Jizhong Energy Resources Co.Ltd., shaanxi Coal and Chemical Industry, Henan Energy, Shanxi Coking Coal Group accounting for 37% of the total.  The output of 11 companies like Kailuan, LuAn, Yankuang, Huaneng, Yangquan, CLP Group, Huainan, Jincheng would reach more than 50 million tons, accounting for about 19% of the total. There were 52 coal companies, whose output production surpassed more than 10 million tons, accounting for about 70% of the total output. There were 324 coal mines run by 17 state-owned enterprises with output of 980 million tons, accounting for 26.5% of the total.

The production concentration of coal enterprises were improved continuously. According to statistics, the production output of the top four coal enterprises accounted for about 25% of the total, 2.5% increase over last year. The production output of the top 10 coal enterprises accounted for 40%, 6% increase last year.

Positive progress was made in coal enterprise merger and reorganization. Statistics showed that in 2013, the total closed coal mines were more than 770.

Over 190 coal mines were improved with 610 coal mines’ merger and reorganization. More than 200 million tons of backward production facilities were closed down.

Industrial convergence development also speeded up the pace. According to the preliminary analysis of China coal industry association, the national rights and interests of equity participation was expected to account for 11% of the total, 15% of the thermal power installed capacity. The national kerosene output was about 1.47 million tons. Coal gasification was 2.7 billion cubic meters. Olefin output made by coal was 1.68 million tons. Glycol capacity was up to 900000 tons, with 32 million tons of coal turned.

Coal demand will continue to maintain a slight increase this year

At this meeting, Jiang Zhimin forecasted the coal market of 2014. According to him, in 2014 the national coal market demand will continue to maintain a small increase. The national coal supply capacity is estimated to be 4 billion tons, and annual output will be around 3.8 billion tons, with 2.7% increase. The annual net imports will be about 300 million tons.

Jiang Zhimin said, "Because the national efforts will be increased to control atmospheric pollution, the main coal consumption areas such as Beijing Tianjin, Hebei, Yangtze River delta and the Pearl River delta will be reined in demand. But the maturity of alternative energy technology and economic feasibility need further improvement."

According to Jiang Zhimin, with the increasing pressure on energy conservation and environmental protection, clean energy impact, the pressure is still large once the early formation of the large domestic coal production capacity is released. So the coal output will show a slight increase. Though the country will take measures to strengthen coal quality management and restrict the use and import of inferior coal, the pressure of excess capacity still exists. China`s coal imports will remain relatively large scale because of the price gap between domestic and imported coal, exchange rate changes, currency devaluation of coal exporters such as Indonesia and Australia.

 “The situation of enough supply and structural surplus will not change. But it may happen that individual coal will be in short supply. “According to Jiang Zhimin, during the first half of 2004, the situation of enough supply and structural surplus will not change, and total inventories remain high. Enterprises are faced with great difficulties and risks. During the second half of this year, the supply and demand situation will become balanced. Industrial economy will recover slightly, but it is stills faced many unstable and uncertain factors. The economic pressure is still there

According to Jiang zhimin, coal will remain world’s important energy and China’s major energy for the medium and long-term development trend of coal industry.

He said at the same time, the coal industry development was still faced with the problems such as coal production and consumption rough , the ecological environment constraints, the contradictions between long-term productivity advance and long-term shortage. The coal industry and enterprises would have a tough task.

Tax reform may be issued this year

Tax reform is the subject of media attention. China coal industry association also has responded.

Zhang Hong, deputy secretary-general of China Coal Industry Association, and director of the policy research department mentioned that a reasonable tax structure should be set after the collection of coal taxes. At the same time, standard fees should be set and all kinds of unreasonable administrative charges should be cancelled in particular. Coal tax reform should be promoted without increasing taxes.

According to his introduction, the current coal enterprises pay high taxes. The taxed account for 35.04 of the sales cost of. Among them, the taxes account for 21.03% of the sales revenue. All kinds of administrative charges accounts for 14.01% of sales revenue. 16 of the 19 taxes will be paid by coal enterprises.

According to Jiang Zhimin, the relevant state departments have made a clear requirement for coal tax reform. The specific scheme has already been drawn up. Because it belongs to local taxes, specific amount will be set by the local government.

Jiang Zhimin said, "The amount of taxes does not mean that big provinces will pay more and small provinces less. As to the specific range, it is now being studied and is likely to be launched this year." He also said that the reform of resource taxes and “clean-up fees” would be conducted together.

Pay attention to “safety and health”

Compared with the downturn of the coal market, we can see that the safety of coal production in our country shows stable and better performance. According to the China coal industry association, in 2013, the total number of coal mine accidents was 604. 1067 people were dead or missing, 22.5% and 22.9% decrease respectively compared with last year. Major accident fell by 35.2% and 36.2% respectively and serious and major accidents fell by 12.5% and 10.3% respectively. The death rate of coal mine with or over one million tons dropped to 0.288, 23% decrease compared with last year.

The reporter showed that in 2012, the death rate of coal mines with or over one million tons was 0.374. 33.7% decrease compared with 2011, which was the first time since the development of China`s coal industry to drop within 0.5. For the first time, the number of the dead and missing was less than 1500. In the long run, the death rate of coal mines with or over one million tons declined year by year. In 1989 it was 7.07. In 2001, it was 5.03. In 2005, it was 2.81. In 2009, it was 0.892, the first time below 1. In 2011, it was 0.564, the first time below 2000 people.

Jiang Zhimin said, "Coal industry establishes firmly a ‘safety first, life first’ philosophy. Conduct large production safety inspection.  Crack down on illegal production and operating activities and govern according to law. Implement the ‘double seven’. Speed up the revised ‘coal mine safety regulations’. Strengthen the management of coal mine technology standards and promote the safety of coal mine."

He said, the coal industry should pay more attention to the reduction of production safety accidents, increase the degree of occupational health protection. Meanwhile, under the upturn of coal mine safety, investment should be made to improve the coal mine production environment. Coal mine occupational disease should also be prevented to increase the degree of occupational health and security. (Zhang Li) (translated by TLRHVC)

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20-23, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

Top ten news of 2013 China’s mining announced

Source: www.mlr.gov.cn  Citation: www.chinamining.com.cn Date: Jan.20, 2014

After China Mining Association jury selection, "Top Ten News of 2013 China’s Mining" recently was announced.

They are: The new types of high purity "combustible ice" drilled in China for the first time"; The world`s first delivery of iron ore futures traded in Dalian; Solid potassium deposit changed from "stay"into "live", new device of million tons of potassium chloride in Saline Lake was built; China`s largest overseas project----copper project, designed of an annual output of 220,000 tons of copper metal put into operation in Peru copper mine; Changqing Oilfield with innovative technology built in "Western Daqing"; The natural gas pipeline in Myanmar built and began the domestic gas supply; China`s first "Shale Gas Industry Policy" promulgated; Technology of deep exploration of uranium tend to be intelligent; 262 resource-oriented cities were first defined and introduced development planning; The world`s biggest flotation machine researched and developed by our own realized the production and application.

It is reported the jury was composed by the Ministry of Land and Resources News, experts in mining industry association, mining media leaders and senior journalists. (Yang Qiuling) (translated by TLRHVC)

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20-23, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

Accurately grasp the key mission, promote the construction of maritime power

On January 16th, the national marine working conference held in Beijing, reviewing the work in 2013 and arranging for the deployment of key tasks in 2014. Jiang Daming, Minister of Land and Resources, China, National land chief inspector, attended the meeting and delivered the speech. He emphasized we implement the relevant requirements of the central, have a clear understanding of opportunities and challenges of marine work, accurately grasp the key tasks and promote the marine strategy implementation. Liu Cigui, member of leading Party group of the Ministry of Land and Resources, director of the State Oceanic Administration, secretary of the Party group, did the report work. Chen Lianzeng, member of National Ocean Bureau, vice director, Zhang Hongsheng, Wang Fei, Wang Hong, Lv Bin, bureau Party member, secretary of the Discipline Inspection Commission, Fang Jianmeng, bureau Party member, director of the Division of Personnel attended the meeting.     

Jiang Daming pointed out that all the staff of marine system innovated and overcome difficulties. Marine economy has maintained rapid growth, and the construction of comprehensive marine management was strengthened with steady promotion of marine ecological civilization and the powerful and effective marine rights and interests. Meanwhile, the research and investigation has made important progress which achieved remarkable results.

In order to implement the central requirements and earnestly do a good job in the marine work, Jiang Daming put forward 4 opinions as follows: first, to further unify their thinking to the Central Committee on a series of important instructions of strengthening the marine work; to get to the relevant requirements as program and guidance, unify the thought, improve knowledge and implement them comprehensively. Second, to clearly understand the opportunities and challenges of marine work in current and future period. It attached great importance to the work of marine by the Party Central Committee and the State Council. The coastal provinces concerned and supported marine work which became the public attention. At the same time, it provided favorable conditions to consolidate the foundation of marine economy, to expand the space and constantly improve the level of comprehensive marine management. Meanwhile, the marine work was still faced with many problems. There was a gap from the requirements of the central authorities and the public which need take measures to solve. Third, accurately grasp the current marine key task. The implementation of maritime power strategy and the present work should be combined organically, top-level design should be strengthened. We should enhance the level of work, pay attention to quality and efficiency, accelerate the reform and development and promote the rights and the maintenance of stability, cooperation and win-win. The development of marine economy, the development of marine science and technology, the protection of the marine ecological and safeguard marine rights and interests were the inevitable requirements of the construction of maritime power which should start from these aspects and position situation in the ocean work. Fourth, strengthen the team construction and promote the implementation of the work. Consolidate the education practice results of the party`s mass line, keep on carving on a team with a good team, and attaches great importance to the construction of a clean and honest government.

Jiang Daming said the marine work was an important part of the work of land and resources. Ministry of land and resources would be as in the past to support the work of the State Oceanic Administration, to jointly promote the sound and rapid development of marine industry.

On the meeting, Liu Cigui made the work report named “Be Enthusiastic and Press on Deepening the Reform and to Promote the New Achievements of Marine Power Construction ”  (Wang Shaoyong) (translated by TLRHVC)

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 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20-23, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.

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