2009 Top Ten Mining News Awards Announced

After media recommendation and expert selection, initiated by the Global Mineral Resources Network, the a€?2009 Top Ten Mining News Awardsa€? event, which was participated by several domestic mining media, ended. During the period, more than 10,000 mining news items selected more than 100 important news as pre-selections, and then selected from them. Finally, experts commented to determine ten news items selected for the top ten mining news. These ten articles basically cover major economic activities, important events and major achievements in the domestic mining industry in 2009, and enriched all aspects of the mining industry in 2009, with strong representativeness and authority.

1. In 2009, large state-owned enterprises and local private enterprises seized the opportunities brought about by the international financial crisis, turned crises into opportunities, and actively went out to acquire foreign energy and mineral resources through mergers, acquisitions, and shareholdings. 50 billion US dollars. It accounts for about 10% of the global cross-border M&A market and provides a reliable strategic reserve for China's sustainable economic development.

2. In 2009, China Steel Association negotiated on behalf of domestic steel enterprises and three major international iron ore suppliers. The negotiation process was full of twists and turns. The two sides did not reach any binding agreement and ended up without any problems. At the beginning of July, the a€?Rio Tinto Espionage Casea€? was exposed, and Chinaa€?s iron ore import order was purged. The China Iron and Steel Association proposed the idea of a€?a€?a€?reasoning the price and promoting the agency systema€?.

3. In May 2009, Shanxi proposed the adjustment and revitalization plan of the coal industry, reorganizing all the coal mines in the province, causing dissatisfaction with the coal bosses of Zhejiang Province, and appealing to the top officials to blame the a€?national advancement and retreata€?. Negation, which led to a big debate about "national advancement and civil retreat." By the end of the year, the number of coal mines in Shanxi 2598 had been reduced to 1,053, of which 50% were joint-stock enterprises, 30% were private, and 20% were state-owned.

4. On December 15, 2009, the National Development and Reform Commission issued the "Guiding Opinions of the National Development and Reform Commission on Improving the Needs for the Coordination of Coal Production and Transportation" to cancel the coal ordering model in previous years, and encourage both coal-fired power companies to sign contracts for more than 5 years. The co-price scheme solves the long-awaited dispute over coal.

5. In 2009, the geological prospecting department discovered large-scale iron ore with a storage capacity of 300-500 million tons in Liaoning, Shandong and Hebei, which not only eased the shortage of domestic iron ore supply, but also increased the negotiation of iron ore in China. The code.

6. In 2009, the third batch of investment projects of the Central Geological Prospecting Fund was locked into the national large-scale mineral resources base, focusing on iron, copper, aluminum and other scarce minerals, preferably coal, gold and other support minerals and tungsten, tin and other dominant minerals. In the past three years, a total of 191 projects have been set up with a total investment of 1.54 billion yuan. A total of 44 large and medium-sized mineral deposits have been discovered, including 14 large-scale minerals.

7. In order to protect the unique minerals unique to China and prevent disguised sale, in May 2009, the Ministry of Land and Resources issued a document on the total amount of rare earth ore mining in tungsten and thorium. In November 2009, the Ministry of Commerce implemented the rare earth minerals of tungsten and thorium. Strict export quota approval system.

Eight, Zijin Chairman Chen Jinghe and other senior executives frequently appeared in the secondary securities market, which became a compelling cash king. Several media disclosed that Zijin Mining executivesa€? wealth surged inside, questioning Zijin executivesa€? allegedly selling state-owned Zijin Group responded to the assets and false reporting of assets: there was no sale of state assets to falsely report gold reserves.

9. China's resource-based cities are facing the decline of mining and urbanization, and there are problems of ecological environment deterioration and people's livelihood. How to guide resource-based cities to achieve economic transformation has become an important issue in China's economic development and urban construction. Resource-based cities such as Daqing have successfully achieved economic transformation through industrial upgrading and development of circular economy, diversified economy and location advantages.

X. Inner Mongolia promoted the exploration of mineral resources and successively discovered a number of large-scale energy metal deposits. Inner Mongolia's total coal reserves exceeded 700 billion tons, ranking first in the country and the province with the largest number of new mineral deposits in China. In 2009, Inner Mongolia's coal reserves and production were the first in the country, and it has become a resource-rich province since it has shaken off the traditional agricultural and animal husbandry-led economic development model.
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