Northeast Asia Network News The sale of Cuihongshan iron polymetallic mine in Heilongjiang Province has aroused widespread concern in society. Today, Xilin Iron and Steel Group Co., Ltd., one of the shareholders of the mine, held a briefing on mining rights and formally responded to this matter. Xigang said that the mine is neither "cheap" nor "sold", and bidding, auction and hanging are not the only legal procedures for the transfer of exploration rights. The value of hundreds of billions is unfounded.
Miao Qingyuan, general manager of Xigang, said that all the metal values of Cuihongshan iron polymetallic mine have not been evaluated by any authoritative department, and the value of 1000 billion is impossible. Cuihongshan iron polymetallic mine is deeply buried, with complex hydrological environment, and its mining cost is higher than that of most domestic iron mines. At the same time, the mine is located in Xiaoxing 'anling ecological function zone, and its investment in environmental protection is incalculable. The price of exploration right is appraised by Beijing Haitian Mining Right Appraisal Office designated by the Ministry of Land and Resources, and the appraisal results have corresponding legal and scientific basis. The evaluation report of exploration right issued by the firm has legal effect, and there is no problem that the mine is sold to private enterprises.
Not "selling" but cooperative development
Miao Qingyuan denied the issue of "selling" mining rights. He said that there is no "sale" problem in the exploration right of Cuihongshan iron polymetallic mine, but the cooperative development led by the Heilongjiang provincial government for attracting investment. According to the spirit of the minutes of the meeting of the provincial economic commission on February 4, 2004, the Sixth Geological Survey Institute of Heilongjiang Province invested in Cuihongshan Mining Co., Ltd. of Xunke County with the exploration right of Cuihongshan iron polymetallic mine, and cooperated with Xigang and other shareholders to develop and construct Cuihongshan iron polymetallic mine in the form of state-owned shares, just as Yichun Forest Management Bureau invested in the compensation for forest land resources.
Bidding, auction and hanging are not the only legal procedures.
On the transfer of exploration and mining rights, Miao Qingyuan produced two documents, which proved that bidding, auction and hanging were not the only legal procedures, and the procedures for obtaining the exploration right of Cuihongshan were legal. He said that Cuihongshan iron polymetallic mine is a continuous resource of Xigang, and the development of this mine is a joint-stock development led by the Heilongjiang provincial government, which conforms to the second paragraph of Article 10 of the Administrative Measures for Bidding, Auction and Listing of Exploration and Mining Rights (Guo Tu Zi Fa [2003] 197), that is, "mining enterprises that meet the mineral resources planning or the overall planning of the mining area shall not be sold by the competent authorities by bidding, auction and listing". At the same time, according to Article 5 of the Notice of the Ministry of Land and Resources (2006) 12 on Further Regulating the Management of Mining Rights Transfer, the large-scale mineral resources development project of Cuihongshan Iron Polymetallic Mine approved by the provincial government and reported to the Ministry of Land and Resources for the record is allowed to be transferred by agreement.