In the Spotlight
Monthly Meeting

 CIMG Update - PPaProjects and Member PPaUpdates
Regulatory Update

Upcoming Events
CIMG and CNIA Sustainable/CSR Mining Roundtable Discussion
Wednesday April 16
Location: Nanning Guangxi Province China

Register for this event by Email
or contact
Ivy at +86 10 6595-9252
2008 China Nonferrous Metals Mining Forum
Tuesday April 15 - Saturday April 19

Location: Nanning Guangxi Province China


Register for this event by Email
or contact
Ivy at +86 10 6595-9252
For more infomation on the CIMG please visit: www.cimg.org.cn


Volume 3, Issue 2 | February 2008 | E-News Archives

In the Spotlight2008 China Nonferrous Metals Mining Forum - The CNIA's annual forum. This year in Nanning,
Gaungxi Province, China
Reserve your seats now


to learn more visit www.cimg.org.cn

What's in the the news?
China endeavors to restore production at 10,000 small coal mines

(www.chinamining.org)

China's State Administration of Work Safety (SAWS) is endeavoring to help more than 10,000 small coal mines to resume production after the severe winter weather, a source with the SAWS told Xinhua on Thursday.

"More than 2,700 coal mines saw production halted by power failures caused by heavy snow in the central and southern provinces of Hunan, Jiangxi, Yunnan and Guizhou," Li Yizhong, head of the SAWS, has said.

Li said more than 13,200 coal mines, the majority of them small coal mines, were scheduled to resume production soon, as maintenance work was completed after the Spring Festival holiday period.

The SAWS would stringently inspect safety equipment and procedures at these mines before allowing them to resume normal production.

During the Spring Festival period last month, coal production remained at 64 percent of capacity nationwide and 96.7 percent of large state-owned mines remained in production.

"The large state-owned coal mines have played a crucial role in dealing with the snow havoc and we shall make efforts to build more large, safe and efficient coal mines," Li said.

The CIMG Secretariat emails daily a list of news headlines to its members. To make sure you get your copy send an email to Ivy at info@cimg.org.cn.

Please remember to read the CIMG Update - Projects and Member Updates section to make sure you are abreast of the CIMG's upcoming projects, events and member news.

News from the last CIMG monthly meeting
Nigel Clark welcomed the attendees to meeting and announced the Vivian Feng from Vale Inco as Vice Chair of the CIMG for 2008. He then made an intoduction to the key speaker for the monthly meeting.

Presenting was Professor CUI Bin, who is currently head of Resource Environment Economics Institute of China University of Geosciences (Beijing) (CUG), member of Mining City Committee of China Mining Association (CMA), director of China Society of Geological Economics and director of China Gold Association (CGA). He has been long engaging in teaching, scientific research and management in such fields as minerals resource geology and minerals resource economics.

He presented on "Mining development of China" he particularly focussed on mining in Western China. His presenation can be downoaded here.

Of partiular interest to members at the meeting was the discussion after his presentation on mineral rights in China. This has been a hot topic for some time. It was noted by members that in some provinces EL's have not been issued for some time and Prof CUI Bin was asked to comment. He mentioned this was due to that some provinces were working on streamlining their processes related to auction and bidding process. He was also asked about the irregularity of the implementation of laws from National level in the provinces and counties. It was mentioned that the same law in many cases is implemented differently in many provinces. He said this was due to the fact that provinces may have a different interpretation of the law and therefore will implement it differently.

After the presentation Auslan provided a brief update on upcoming activities. Please click this link CIMG Update - Projects and Member Updates to veiw the CIMG's projects, events and member news.

CIMG Member Update - Projects and Member Updates

CIMG Projects - Se
eking your input and involvement

CIMG Sustainable Mining 2008 - CIMG and CNIA Sustainable/CSR Mining Roundtable Discussion
The CIMG Secretariat is happy to advise that on April 16 the CIMG and CNIA will be hosting a CSR/Sustainable Mining Roundtable Discussion with industry leaders and government officials in Nanning in Guangxi Province. The roundtable discussion has the support and attendance of many government departments and is part of the overall forum program of the CNIA's annual Non Ferrous Metals Forum. This roundtable forms part of the CIMG's sustainable mining work program for 2008/09. Information from the roundtable will form a framework for a white paper on the Sustainable Mining/CSR in China's mining sector.

The roundtable seeks to enhance the understanding of sustainable mining and CSR practices in the provincial areas of China. It also seeks to create a platform to increase information sharing between foreign and domestic mining companies on the benefits, challenges and opportunities of adopting sustainable mining and CSR practices.

The CIMG is now seeking interested members to take part in this roundtable. The focus on the roundtable will be an industry panel made up of 10 participants (5 invited by the CIMG and 5 invited by the CNIA. Surrounding the roundtable will be the audience who will be able to add to the discussion via a moderator). As well, we are seeking interest from members who may like to take part in forming a discussion group on Sustainable Mining/CSR in China's mining sector.

There are also limited sponsorship opportunities for the roundtable. The CIMG Secretariat is seeking 2 sponsors of 15K RMB each to help cover costs to host this roundatble. If you are interested in this opportunity email Auslan at auslan@cimg.org.cn.

For more information or to take part on the panel or discussion group, please call Auslan at the CIMG Secretariat or by email at auslan@cimg.org.cn.

We hope that you are interested into be part of this initiative and the output will be a way to share information that will assist the industry greatly.

CIMG Taxation 2008
Since 2003 the CIMG has worked on creating a greater understanding of Chinese Taxation as applied to the exploration and mining industry. The CIMG undertook a number of workshops in 2003 and 2005 with the State Administration of Taxation and MOLAR.

Since this time there has been further reform with Chinese Taxation. In particular The Enterprise Income Tax Law took effect on 1 January 2008. As you know enterprises must immediately review the new guidance in these Rules to determine how it affects their business model, investment structure and financing strategy.

Members indicated in the membership survey their wishes for the CIMG to take on taxation as a key project for the CIMG's work in 2008. The CIMG has taken this on board and is in the process of planning how and what to lobby the State Administration of Taxation on. It is hoped that this process will lead to a taxation white paper, meetings with the State Administration of Taxation, etc. The outcome of this work will be to enhance the understanding of taxation and its implementation for the mining industry.

As a starting point the CIMG Secretariat has put together a discussion group of taxation specialists from the ranks of its CIMG members. The CIMG is seeking further expressions of interest from members to be part of this discussion group.

It is hoped that this group will work with the Secretariat on this project. For more information or to take part in this discussion group, please call Auslan at the CIMG Secretariat or by email at auslan@cimg.org.cn

CIMG White Paper 2008 and MOLAR Roundtable in April
Last year's White Paper has been well recieved by MOLAR and other government departments. A recent meeting with MOLAR indicated that the CIMG's White Paper 2007 provided a useful information that they would like to further analyse. As such, the CIMG Secretariat has begun planning with MOLAR a roundtable discussion to be held in April.

Given the momentum from last year's white paper and this upcoming roundtable with MOLAR the CIMG will be starting the process of formulating the White Paper 2008 earlier this year. Doing so wil enable the members to add more input and build upon the foundations of last year's white paper.

The CIMG Secretariat will email advice soon on the first meeting of the White Paper Discussion Group. This group will be responsible for assisting the Secretariat in drafting the CIMG White Paper 2008. For more information or to take part in this discussion group, please call Auslan at the CIMG Secretariat or by email at auslan@cimg.org.cn

Update from CIMG's Coal Discussion Group
The CIMG's Coal Discussion Group met in late February to discuss topical issues with the China Coal Information Institute (CCII). The group discussed some key issues/trends that have been historically present in the coal sector in China.

One key point discussed was management of coal operations in China. The CCII representative noted that many problems arising in the coal sector in China are management related. These problems included safety, logistics, etc. These problems were heightened by the large number of certificates (managed by two different government agencies) needed to be obtained by the mine. It appeared that such process was hard to enforce and to properly implement. It was recognized by those at the meeting that the CIMG might be able to assist by holding a joint management workshop with the CCII and Chinese coal companies.

The CIMG members had raised the question of contract mining in China's coal sector and how this was regulated. The CCII representative noted that contract mining was common in China, but there were no formal regulations or policy on how this is done. He asked more information on contract mining was regulated in other countries.


For more information or to take part in this discussion group, please call Auslan at the CIMG Secretariat or by email at auslan@cimg.org.cn

Update on the CIMG's Website
The CIMG Secretariat is currently updating the website. To create additional value for members parts of the CIMG website will soon only be available to members. These sections will be "Policy and Regulations" and the "Current News" sections. To access these areas members will require a password. These will be emailed shortly to members.

CIMG and Chinese Media - 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.

CIMG Member Update - Member News, Events and more

New CIMG members
The CIMG warmly welcomes the following members who have joined the CIMG:

Contact: Mark Ward
Telephone: +61 8 6210 5222
Email:info@lycopodium.com.au
Website:http://www.lycopodium.com.au

Lycopodium Limited is an Australian listed engineering consulting business that, through its four subsidiaries, services internationally the minerals, pharmaceutical, food, chemical and manufacturing industries. Lycopodium Engineering, and Pdf (Process Design and Fabrication), deliver studies and projects. OMC (Orway Mineral Consultants) offer specialist metallurgical skills. SUPL {Sherwood Utilities} specialises in maintenance engineering services to the resource sector.


Contact: Dr Jianrong Zhou
Address:Universal Plaza, 10 Jiuxianqiao Lu,
Telephone: 86 10 8456 6688
Website:http://www.abb.com

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 111,000 people. ABB Mining and Minerals offers electrical and/or complete mine hoist systems for underground mining; electrification and automation for open pit mining; products and complete plants for mineral processing and bauxite mining, alumina production, aluminium smelters and anode production on a global market. ABB has strong local presence with some 9 000 employees in China and has executed numerous new and modernization/upgrade projects on hoists in China's mining industry.

CIMG Mission to Inner Mongolia - March 31 to April 2 2008
The CIMG is organising a mission for CIMG member companies to Inner Mongolia from March 31 to April 2 2008. The mission seeks to enhance the understanding of mining in the provincial areas of China.
Inner Mongolia is regarded as resource rich province in China and those attending the mission will explore business opportunities and establish relationships with local partners.

Attendance is strictly limited (10 people) and the mission will be led by the CIMG Secretariat. As part of the mission a trip has been planned to a mine site. We do hope that you would be interested to be part of this mission. If so, please download the information brochure (attached) and complete the application form and fax it back to the CIMG Secretariat.

If you have any questions regarding the mission please do not hesitate call Mary at the CIMG Secretariat on +86 10 8522 6205.

CIMG Golf Day 2008 - The CIMG Charity Golf Tournament 2008
Tianzhu Golf Course, Beijing China, Friday, May 16 2008

This year the CIMG will be hosting its 2nd annual golf charity tournament in aid of the Special Olympics and the Half the Sky Foundation.

We invite you to join us and support the Special Olympics and the Half the Sky Foundation. You can look forward to a great team event on one of Beijing's top courses, and at the same time support a very worthy cause.

Your support will help Special Olympics and the Half the Sky Foundation to further support disadvantaged children in China. More detaiils to come soon. Remember to keep the day free. Be ready for a great day out on the course, great food and a charity fundraising auction. We are interested to play, sponsor or have questions regarding please do not hesitate call Mary or Auslan at the CIMG Secretariat on +86 10 8522 6205.

CRU Strategies Position in Beijing Office
Principal Consultant CRU Strategies
CRU Strategies is the management consultant of choice for the decision makers in the mining and metals industry. Our revenues doubled in 2007, and will double again over the next 2 to 3 years. Our Beijing office has delivered some important projects recently and our next strategic hire will aim to build upon this confident and young team and develop further our presence in the Chinese market.

CRU Strategies provide market and commercial consultancy, assisting;
major metal and mining companies in their strategic decision making;
banks and private equity companies in their due diligence, both of the market, technical assets and management; and governmental organisations in their understanding of the markets and the associated impacts on policy (and vice versa).

The role would develop from a business development opportunity to a leadership role, with the objective of taking the CRU Strategies presence in Beijing to new heights.

You would be expected to develop project assignments from business leads from our sister company CRU Analysis (providers of reliable industry data on the metals and mining industry for almost 40 years) and create client relationships through which CRU Strategies can deliver practical advice.

With a financial background, you would be able to talk the language of commercial due diligence and provide practical assistance to our clients’ teams as they pursue industry related transactions in China, or overseas on behalf of Chinese investors.

Your background would ideally involve a technical or business degree in China or overseas, followed by either an MBA or some experience within a mainstream consultancy group or financial institution. You are fluent in Mandarin and English and attuned to the cultural issues of working in China and the Western World. You have experience in managing a growing team of consultants and understand the importance of making timely decisions. You will have a track record of successful client-facing assignments or positions.

The future for this position is in your hands; the work is expected to be challenging and demanding but you will be provided with support both from within the Beijing office and from the London head office which is committed to growing the Beijing presence over the next 3 to 5 years.

CRU Strategies is a global organisation which generates leads from every continent the company shares the marketing effort and deploys its resources to optimise both client satisfaction and staff development. As a result, you may need to delegate work overseas and complete either local or overseas assignments for others

We are seeking ambitious individuals, preferably with some experience in the metals and mining industry, to fill this important role. The salary will be competitive and the incentives significant – the market is there, our service and quality aims to be second to none and hence this opportunity should not be overlooked.

Please forward your CV in Mandarin and English with a cover letter that clearly states the reasons you can provide the CRU Strategies Beijing operation with the boost it needs to ensure our recent growth continues and remains sustainable.

More information on CRU Strategies is available on www.crustrategies.com

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

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.


Regulatory Update
Please find below the lastest updates for 2007/8.

CIMG Sustaining Sponsors

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If you are interested in submitting to eNews, send your submission to info@cimg.org.cn E-News is published once a month.

 

China International Mining Group - CIMG
A not-for-profit forum promoting sustainable mining in China
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
All rights reserved, 2007