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Volume
3, Issue 1 | January 2008 | E-News
Archives
News
from the last CIMG monthly meeting
It
is with great pleasure that the CIMG Secretariat welcomed
in CIMG Chairman and CIMG Advisors for 2008 at this montly
meeting. The CIMG Chairman for 2008 is:
- Nigel
Clark, China Central Goldfields
The
CIMG Advisors for 2008 (in order of first name) are:
- Frank
Xu, BHP Billiton
- Hao
Fang, Barrick
- Keenan
Jennings, Rio Tinto
- Pat
Powers, Mundoro Mining
- Phillip
Dobbs, Anglo American
- Roric
Smith, Anglo Gold Ashanti
- Seamus
Cornelius, Arthur Allens Robinson
- Vivian
Feng, Vale Inco
We
look forward to an active year for the CIMG and the Secretariat
looks forward to working with them in 2008. Once again, a
warm welcome to the Chairman and Advisors for 2008 from the
CIMG Secretariat and Members.
As
well at this meeting, the CIMG Secretariat annouced an additional
four Sustaining Sponsors. The additional Sustaining Sponsors
are:
 aa aa aa
The
CIMG Secretariat sincerely thanks these members as well as
the other Sustaining Sponsors for there great support. It
is with there support that the CIMG is able to produce the
output that it does. These additional contributions will go
towards the CIMG's ambitious work program for 2008. (A full
list of the Sustaining Sponsors is listed on the CIMG
website)
Prior
to the member presentations Auslan provided a brief overview
of some of the proposed activities that the CIMG will undertake
in 2008. He noted that from the membership survey to key points
arose. The first point is that members would like to see more
engagement with Chinese Government and domestic industry.
The second point being that the CIMG continue to focus its
work on key focal areas such as Sustaible Mining, Mining Law
and Taxation. In response to these needs and others from the
CIMG membership Auslan mentioned that the CIMG will undertake
three major projects in 2008. In addition to these major projects
the CIMG Secretariat will undertake a number of other initiatives.
The
first major project will be focus on sustainable mining and
policy in China and its application in China. The project
will undertake a research paper to assess the current situation,
meaning and case studies of sustainable mining in China. This
will be done alongside a number of industry roundtable discussions
involving policy makers, academics, international mining companies
and domestic mining companies. The CIMG will undertake the
reseach with the China Academy of Sciences as well as with
the support of a number of domestic industry associations.
The first industry roundtable will take place at the 2008
China Nonferrous Metals Mining Forum
in April. The CIMG urges members to be involved in this project
whose output will be used to lobby policy makers in regards
to the implementation of Chinna's Mining Law.
The
second major project will focus on taxation. Many members
have raised comments regarding the China's taxation regime
for resources. Many members will remember that in 2003 and
2005, the CIMG undertook with MOLAR and SAT a series of 'Mining
Tax Workshops'. The 2008 taxation project will take on a similar
note and build on the work already completed in 2003 and 2005.
It is hoped that this project will bring about a better understanding
of the impact of China's
taxation regime for resources sector and suggestions
for its future development.
The
third major project will focus on China's mining law and build
upon the work in the CIMG's White Paper 2007. In a recent
meeting with MOLAR officials noted that the 2007 Paper had
been read and contained a number of good suggestions. MOLAR
have agreed to a number of roundtables in 2008 to further
explore these suggestions as well as other issues facing China's
mining sector. The output generated from these roundtables
will form the backbone of the CIMG's White Paper 2008.
Auslan
also mentioned the following additional activities in 2008:
- Coal
Discussion Group: will continue its activities to cater
for members intersted in Coal
- Industry
Networking: there will be a number of dinners to provide
networking opportunites to CIMG members with Chinese mining
associations
- Missions:
The CIMG will undertake missions to provincial China. The
first being to Inner Mongolia in late March
- Golf
Day: The CIMG will hold another great day on the course
on May 16
Following
this presentations were given on China's new Employment Contract
Law. The law took effect on January 1 2008, and the changes
are significant. The new labor contract law, enacted by the
Standing Committee of the National People's Congress installs
a sweeping new labor law that strengthens protections for
workers across its booming economy. Luka Lu from Capital Associates
spoke about the new contracual arrangements and mass lay-offs
made in the new law. Ben Zu spoke on the the history of thenew
law. There was a lively discussion afterwards on some of the
vagaries of the law by the members which highlights the need
for additional dicussions with government on the implementing
regulations. If you would like a copy of the presenations
please contact the CIMG Secretariat.
At
the end of the meeting Auslan noted that if members have further
comment that they email it to him at auslan@cimg.org.
In
closing the meeting Auslan wished the members a great start
to the year of the Rat.
Finally,
the CIMG Secretariat would like to thank all who have contributed
to the CIMG during the Year of the Pig.
Member
Update
CIMG
Office Hours during the Chinese New Year
Please
note the CIMG office will be closed from Tuesday 5 February
2008 until Tuesday 12 2008. If you have any urgent matters
please call or sms +86 13910539404.
2008
China Nonferrous Metals Mining Forum
Tuesday April 15
- Saturday April 19
2008 China Nonferrous Metals Mining
Forum will be held in Nanning, Guangxi Province between 15th
-19th April 2008. This forum will focus on South Western China
as an important production and reservation base for the nation's
nonferrous metals and gold mineral resources, which accounted
for more than half of the total reserves and became the primary
provider of China's nonferrous metals raw materials. The forum
in the past has been well attended with many seminar sessions
on mining development and other potential projects. The
CIMG and the CNIA will be holding a roundtable on April 16th.
The aim of the roundtable is to bring together domestic and
foreign companies to discuss the challenges facing the implementation
of sustainable mining in China. We urge members and other
companies to join in this discussion.
A
preliminary copy of the program can be found here
as well details to register and sponsor. CIMG
members are able to attend this function at the CNIA/Domestic
company rate.
The
ASIA Miner Summit Hong Kong June 2008
Industry heads, associations, regulators,
consultants, financial mining analysts, MDs and CEOs are invited
to make their presentations at this prestigious event and
deliver business-critical information to a senior level international
audience. If you have content that is unique and valuable,
please send your topic submission and the biography of the
proposed speaker to The
ASIA Miner. For more information please visit Asia
Miner's website.
The
Exploration Exchange Macau June 2008
XX Macao - the exploration exchange
focuses on finding matches between mining opportunities and
sources of financing in the region. The event features a conference,
an exhibition, networking and private meetings. It is designed
to be the communication centerpiece for mining and investment
companies in Asia. For more information please visit the Exploration
Exchange Website.
CIMG
News Links
Members are being emailed
news links each day 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 news
that you would like to add please email, Ivy Ma, who will
be looking after this at info@cimg.org.cn.
CIMG Member Submissions
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 auslan@cimg.org.cn.
Regulatory Update
Please find below the lastest
updates for 2007/8.
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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