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Volume
3, Issue 8| August 2007| E-News
Archives
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 Please note the CIMG's new office details!!
Date: Friday, September 29th
Donganmen Dajie, Dongcheng District, Beijing, China.
T: +86 10 8522 6205
F: +86 10 8522 6247
W: www.cimg.org.cn
E: mining@cimg.org.cn
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News
from the last CIMG monthly meeting
The last monthly meeting was well attended
and two presentations were given. At the beginning of the
meeting Nigel Clark provided an update on some upcoming CIMG
initiatives.
The
first presentation was given by Dr. Chris Swindells, Principal
from Golder Associates. He spoke about developments in sustainable
mining and focussed on tools that would enable companies to
use sustainability as business drivers. He made special mention
of a marco tool called GEMI (Global Environmental Management
Initiative) that was derived from experience in manufacturing
sector. GEMI assists companies to determine the critical few
measures on which to focus and how to align sustainability
with business strategy. GEMI then works to develop the right
set of metrics, objectives and targets that drive sustainability
performance and organizational integration and business value.
His presentation can be downloaded here.
The
second presentation was by Mr Thomas Fahrnholz, General Manager,
from the China Mining Congress 2007. He gave an update on
the congress program, sponsorship opportunities and China
Mining Congress Awards.. For those interested in this update
more information included in the presentation that can be
downladed here.
After
the China Mining presentation, Nyka Alexander, from the Mining
Journal China commented on the opportunities avaliable for
the members in Mining Journal China. These opportunities include
providing submissions, advertising and more. Please feel to
follow up with her if you are interested at nyka@ballochgroup.com.
Nigel gave a warm thanks to the Mining Journal for their support
of the CIMG over the past couple of years.
A
final comment was made by Peter Arkell from the Swann Group
in regards to the HR Survey that the Swann Group is undertaking.
More details can be found by visiting the CIMG
website. Peter asked for CIMG members to participate and
those interested can contact him via email at china.admin@swannglobal.com.
At
the start of the meeting Nigel made some comments
- New
Members
a. University of British Columbia - Norman B Keevil
Institute of Mining Engineering - The world renowned Norman
B. Keevil Insitute of Mining Engineering is a leader in
research and education on the professional, graduate and
undergraduate levels. We are committed to being a leader
in education and international research in a new era where
mining assumes a more responsive and responsible role in
the world to improve the industry for future generations.
b. Mineral Securities - Gillian Peng - is a highly
innovative and successful Resource Investment House that
makes early stage equity investments in resource companies
and projects with a focus on identifying under valued or
emergent resource projects that can be developed into successful
and viable operations. Minsec holds direct and indirect
investments in Australia, Chile, China, Greece, Kazakhstan,
Kyrgyzstan, Mozambique, South Africa and Zambia.
- CIMG
Update:
a. White Paper Discussion Group - met during August and
another meeting is scheduled in early September. If you
are interested to be part please contact the Secretariat.
b. ICMM - The CIMG has been invited to the join the ICMM
that is the peak body for sustainable mining.
c. CAEFI - As of Monday the CIMG office will be located
at CAEFI, which will enhance the CIMG's ability to access
Chinese Government and Industry
d. Coal Discussion Group - this discussion group is for
those interested in China's coal sector and will be meeting
on 11 September
e. CIMG event in Toronto on 11 September - Special thanks
to Teckcominco Ltd, Intercedent, Blakes, BMO and CMA. This
event is aimed at bettering the understanding for Mining
in China for fund managers and analysts. Please remind your
broker, fund manager to attend
f. CIMG Mission to Ningxia and Shanxi - last call for participants.
Member
Update
China
Mining 101 - Investment Oppotunities and Challenges in the
China Mineral Resources Market
The CIMG is pleased to
announce this information session for fund managers and analysts
that will provide an overview of the policy environment, investment
environment and guidance on how to complete due diligence
and monitoring of investments in China.
The
event will be held at the Toronto Stock Exchange Gallery Room
on 11 September and we urge you to advise your broker, fund
manager or analyst to attend this event.
Teck
Cominco Limited will be hosting lunch at the National Club
after the morning session.
This
event is supported by: Blakes, China Mining Association, Golder
Associates, Intercedent, Teck Cominco Limited and the TSX.
For
more information and to register please contact the CIMG Secretariat
- Mary Yu on +86 10 65959252 ext 208 or mary@cimg.org.cn
CIMG Golf Day
Just a quick reminder
to mark your dairies for 21 September, which is the date of
the CIMG's first Golf Day. This will be one day not to miss.
The Secretariat is looking for your support as a player or
a sponsor. Come play and have a great day out on the course.
For more information go here.
CIMG
News Links
Hopefully you have been
recieving
news links from the CIMG Secretariat. In an effort to keep
members informed of the latest developments in the mining
sector in China you will recieve on a regular basis an excel
file with links of mining news in China. Please note this
is a CIMG member only service and will provide only links
to the news with a short headline translation. There will
be no commentary or analysis of the news. If you have any
comments on how we can improve this service please let the
CIMG Secretariat know.
Conferences
from CRU
10th World Stainless Steel
Conference
4-6 November 2007, Shimao, Taiyuan, Shanxi, P.R. of China
Over
the last two decades, the consumption of stainless steel has
grown faster than those of zinc, aluminium, copper, lead and
carbon steel. A faster rate of growth is likely to be maintained
in the years ahead. But it may have resulted in global over-investment
in production capacity, jeopardising the industry's prospects.
The most prestigious industry event for the global stainless
steel community will cover all the latest key issues. Senior
executives from the most influential global and Chinese stainless
steel companies will be taking part and sharing their vision
for the industry in Taiyuan this year. For more information
please visit the CRU
website
2nd China Silicon Conference
19-21 September, 2007, Traders Hotel, Shenyang, P.R. of China
CRU Events is delighted to once again join the China Silicon
Association in hosting the annual China Silicon Conference
taking place this year in the famous historical city of Shenyang
at the Traders Hotel. Both international and local players
in the industry will contribute once again to this leading
silicon metal industry event.
As the world's leading producer and exporter of silicon metal,
China has a pivotal role in the industry. The state of demand,
supply and production costs in China have profound implications
worldwide. For more information please visit the CRU
website
CIMG
Member Sumbissions Wanted
The CIMG is now
contributing to a number of publications. The Secretariat
is seeking content related to Environment, Community, Safety
and Technology. Articles should be case studies, in Chinese
and 2 pages long. This is a unique chance to share information
and promote the international mining community in China. If
you are interested in submitting an article, please send your
article as a word document to nyka@ballochgroup.com.
Regulatory Update
Please find below the lastest
updates for 2007.
CIMG Information -
China's unification of company income tax
China
to end tariff exemptions on some imported equipment
- Jan 2007
China
to Implement One Mine, One Company Policy - Jan 2007
State Council Number
4 - Notice to Government Departments to seek better harmony
for FDI in Mining - Jan 2007 (In Chinese)
MLR
Beijing issued 2 new regulations. The CIMG was recently informed
that MLR Beijing issued 2 new regulations that will come into
affect on the Jan 1 2007:
1. Furthering Reform of the Exploration/Mining License Issuance
2. Equity Method for Paying for Exploration/Mining License
Provisional Regulation on Disciplining Dereliction of Duty in
Environmental Protection Activity -SEPA -issued date: 20030228
Notice
of Further Regulating Exploration Licenses and Mining Licenses
Granting/Transfer Process Management
Notice
of the People's Government of Yunnan Province on new four
laws including Management Rules of Yunnan Province for Rights
of Exploitation and Mining. Laws in Yunnan were released that
focus on the Rights of Exploitation and Mining, Interim Procedures
of Yunnan Province for Levying and Management of Fees for
Compensated Use of Mineral Resources, Interim Procedures of
Yunnan Province for Management of Mineral Property Transaction,
and the Interim Procedures of Yunnan Province for Management
of Deposit for Security for Rehabilitation and Governing of
Mine Geologic Environment. For those wishing to make comment
or if you would like a copy of the laws please contact Auslan
at auslan@cimg.org.cn
If you are interested in submitting to eNews, send
your submission to info@cimg.org.cn E-News
is published once a month.
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