"Sale" of Cuihongshan Iron Mine

Xilin Iron and Steel Group responded to "Heilongjiang sells 300 billion iron ore" and questioned that there is no problem of "selling" state-owned rights and interests in the joint-stock cooperative development led by the provincial government.

People's Daily Online, Harbin, September 10 (Reporter Zhang Guoqiang Shiguang) Recently, some media reported that the Cuihongshan iron polymetallic mine with a value of 1000 billion yuan in Heilongjiang was sold to Xilin Iron and Steel Group Co., Ltd. (hereinafter referred to as "Xigang") after privatization and reorganization at a low price of 3 10/000,000 yuan, which aroused strong social concern. Today, Xigang Group held a briefing in Harbin to answer related questions. What is the value geometry of Cuihongshan iron polymetallic deposit? Miao Qingyuan, chairman and general manager of Xigang Group, said that so far, there is no authoritative department to evaluate the value of all metals in the mine. Regarding the report that the mine "has been appraised by the Sixth Geological Survey Institute of Heilongjiang Province (hereinafter referred to as the Sixth Provincial Institute) and relevant departments, the value of its stored mineral resources exceeds 1000 billion yuan", Miao Qingyuan said that the appraisal by the Sixth Provincial Institute and "relevant departments" has no legal effect. "Beijing Haitian Mining Rights Appraisal Office designated by the Ministry of Land and Resources is the authoritative department to evaluate the value of mineral resources."

Miao Qingyuan said that the mining cost of Cuihongshan iron polymetallic mine is higher than that of most domestic iron mines because of its deep buried layer and complex hydrological environment. In addition, the mine is located in Xiaoxing 'anling ecological function zone, and the investment in environmental protection is incalculable. Therefore, it is very complicated to estimate the value of the whole mine.

Regarding the development of Cuihongshan iron polymetallic mine, Miao Qingyuan said that this is a cooperative development led by the Heilongjiang provincial government for attracting investment, and there is no problem of "selling" exploration rights.

Miao Qingyuan said that on May 16, 2005, Xigang, Sixth Provincial Institute and Yichun Forest Management Bureau registered and established Xunke Cuihongshan Mining Co., Ltd., in which the Sixth Provincial Institute invested in the exploration right of Cuihongshan iron polymetallic mine and Yichun Forest Management Bureau invested in the compensation fee for forest land resources. In recent years, the equity of Cuihongshan Mining has experienced many twists and turns. According to the resolution of the company's shareholders' meeting on June 5, 2009, the shareholding ratio of Cuihongshan Mining shareholders is: Xigang 80%, Provincial Sixth Institute 15%, Yichun Forest Management Bureau 5%. Miao Qingyuan responded to the question that the transfer of exploration right of Cuihongshan iron polymetallic mine did not go through the procedures of bidding, auction and hanging: "Regarding the transfer of exploration right and mining right, Cuihongshan iron polymetallic mine is the sustainable resource of Xigang Group. According to the "Management Measures for Bidding, Auction and Listing of Exploration and Mining Rights" issued by the Ministry of Land and Resources, "the competent department shall not award a mining enterprise that conforms to the mineral resources planning or the overall planning of the mining area by bidding, auction and listing. "

In addition, the development of Cuihongshan iron polymetallic mine is a joint-stock development led by Heilongjiang provincial government. According to the Notice of the Ministry of Land and Resources on Further Regulating the Management of Mining Rights Transfer, Cuihongshan Iron Polymetallic Mine, as a large-scale mineral resources development project approved by the Heilongjiang Provincial Government and the Ministry of Land and Resources, is allowed to be transferred by agreement.