89 coal mines to be closed in Henan are all involved in Pingmei Zhengmei Group

The coal industry continues to eliminate excess capacity. On September 14, Henan Provincial Development and Reform Commission announced the list of coal mines withdrawn from closure in 2016. In this list, 89 coal mines have been withdrawn from production capacity, including 4 under Zhengzhou Coal Industry (Group) Co., Ltd. (hereinafter referred to as Zheng Coal Group) and 5 under China Pingmei Shenma Energy and Chemical Group Co., Ltd. (hereinafter referred to as Pingmei Group).

19

2016

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09

An extra large gold deposit discovered in Tongbai Mountain, Henan Province, with gold content of nearly 105 tons, can be excavated for 80 years

According to the Voice of China's Yangguang News, the Department of Land and Resources of Henan Province found a huge gold mine in the deep and peripheral survey project of Laowan Gold Mine in Tongbai County, Tongbai Mountain Area, Henan Province, with a gold content of nearly 105 tons, which can be excavated for 80 years.

28

2016

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09

China Mining Big Data Alliance was established

The State Administration of Taxation released data on the 11th that, as the first collection period of the comprehensive reform of resource tax, the resource tax revenue of 129 reform items nationwide in August was 2.065 billion yuan, a total reduction of 554 million yuan compared with the policy before the reform.

28

2016

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09

Reduce the burden of resource tax by 554 million yuan in the first month of comprehensive reform

The State Administration of Taxation released data on the 11th that, as the first collection period of the comprehensive reform of resource tax, the resource tax revenue of 129 reform items nationwide in August was 2.065 billion yuan, a total reduction of 554 million yuan compared with the policy before the reform.

12

2016

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10

Breakthroughs in graphite ore prospecting in Altai metallogenic belt

Recently, the sub project of "1:50000 regional geological and mineral survey in East Junggar, Xinjiang" undertaken by Xi'an Geological Survey Center of the China Geological Survey found a new crystalline graphite ore belt in the Sandyk area during the field geological survey, named "Sandyk graphite ore".

12

2016

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10

MIIT will give priority to the construction of rare earth intelligent mines

On October 11, the website of the Ministry of Industry and Information Technology published the "Reply to Recommendation No. 7322 of the Fourth Session of the Twelfth National People's Congress" (hereinafter referred to as the "Reply"), focusing on the development of standardization, environmental protection and intelligence of the rare earth industry during the "13th Five Year Plan".

19

2016

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10

350 billion state-owned enterprise restructuring fund was established

On September 26, the founding meeting and unveiling ceremony of China State owned Enterprise Restructuring Fund Co., Ltd. was held in Beijing. This is a "national level" fund approved by the State Council, with a total size of 350 billion yuan. The first phase raised 131 billion yuan. It is also the largest equity investment fund in China. So far, the two funds determined by the new round of state-owned enterprise reform - the state-owned capital venture capital fund and the state-owned enterprise restructuring fund have all been released.

19

2016

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10

Start a new mileage of lead resource recycling

On October 11, 2016, the founding meeting of the Yangtze River Delta Coordination Committee of the National Lead Resources Recycling Industry Alliance was held in Xuzhou, with more than 60 people from the Renewable Metals Branch of China Nonferrous Metals Industry Association, the National Lead Resources Recycling Industry Alliance, qualified renewable lead enterprises in Jiangsu, Zhejiang, Shanghai and neighboring regions, waste lead acid battery recycling enterprises, and the media attending the meeting. Lei Wen, Director of the Environmental Protection Division of the Energy Conservation Department of the Ministry of Industry and Information Technology, and Zheng Yang, Director of the Hazardous Waste Management Technology Department of the Solid Management Center of the Ministry of Environmental Protection attended and delivered speeches. The meeting was chaired by Li Shilong, Vice President of the Renewable Metals Branch of China Nonferrous Metals Industry Association.

03

2016

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11

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