Chinese Gold Wins Resource War It is understood that since 2008, China National Gold Group has actively exerted its own capabilities, vigorously implemented the strategy of resource increase and storage, invested 2.4 billion yuan in independent prospecting, invested more than 10 billion yuan in resource acquisition, and 275 tons of gold reserves in 2006. Increased to 1,758 tons in 2012, ranking first in China; copper resources increased from 1.25 million tons to 10.97 million tons, and molybdenum resources increased from 200,000 tons to 2.07 million tons, ranking fifth in domestic nonferrous metals industry respectively. And third.

In addition, the reserves of its metal resources such as silver, iron, lead and zinc have also increased substantially. The China Gold Group has occupied an important position in the 16 key metallogenic belts that the country has already identified. This has made it its vanguard and leader in the development of China's gold industry, and it has taken a new path of increasing resources and comprehensive utilization of resources.

The old mine reserves doubled to expand resource reserves to ensure sustainable development. China National Gold Group preferred to select Inner Mongolia-Daxinganling, Jinci, Qinling and other key metallogenic belts to carry out surveys of replacement resources of deep and peripheral old mines to promote deeper ore-searching breakthroughs. , To broaden the resources for storage space. Through the search for blindness and exploration, the China Gold Group discovered and identified new resource reserves, provided resources for the stable production and increased production of existing resource bases, and extended the service life of mines.

It is understood that in the past five years, China National Gold Group has invested 1.3 billion yuan in exploration funds in the deep and peripheral areas of old mines, completed a prospecting scale of 1.53 million meters, and added 366 tons of gold reserves, which exceeded the accumulated reserve of 275 tons at the end of 2006, equivalent to In five years, another Chinese gold group was added.

Through the exploration of deposits in the deep and peripheral areas, not only has the old mines and mines where many of China National Gold Group's resources are exhausted been rejuvenated, but also through the rapid organization of prospecting, a number of important mineral deposits have been discovered and new production capacity has been formed. The rapid development of the company.

49 rigs in the Niutouou-Dongwan Mining Area of ​​Henan Jinniu Company were operating at the same time. In just one year, 48,776m of drilling rigs, 8,273m of pits, and 68 tons of new gold metal were completed, laying the base for the construction of the Qixian County. A good foundation; 43 sets of drilling rigs at the Changshanyu Gold Mine in Inner Mongolia Taiping Co., Ltd. are operating at the same time. It takes only 7 months to complete a drilling project of 60,549 meters and 80 tons of new gold metal. Continuous major breakthroughs in ore prospecting have not only enhanced the influence of China National Gold Group in the international capital market, but also won the opportunity to expand its business globally.

China's Inner Mongolia’s Inner Mongolia Jiniteng Mining Co., Ltd., a subsidiary of China National Gold Group, has an initial reserve of only a few hundred kilograms. Through geological discussions, the company has delineated prospecting targets and has broken the practice of not drilling in Inner Mongolia during the winter. It is colder than minus 20 degrees Celsius in Inner Mongolia. In the field geological construction, the geological exploration of a large-scale gold mine was completed in only 4 months, and the newly added resource reserves amounted to 25 tons. From the resource crisis mine was transformed into a large-scale gold production base. The company has also become a super-large mine with an annual output of more than 3,000 kilograms from a small mine with an annual output of more than 200 kilograms.

A major breakthrough was made in the exploration of the deep and peripheral areas of the Luchang Yechangping Mo deposit in Henan. Through the rapid organization and implementation of exploration and exploration campaigns, China National Gold Group has explored the exploration and accumulation of deep and peripheral skarn blind deposits and new types of porphyry molybdenum and tungsten deposits. In 55 drill holes drilled in the detailed investigation phase of the mining area, 53 holes were seen. The mine rate reached 96%, the new molybdenum metal amount was 370,000 tons, and the amount of tungsten metal was 190,000 tons, which made the scale of the deposits reach a large scale and was a zone resource. Integration, large-scale development and construction of mines, and comprehensive utilization of associated components of resources have laid a solid resource base.

M&A and restructuring The precondition for the strategic transformation of the gold industry in the industrial base is that the industrial structure must be adjusted and the degree of industrial concentration must be increased. Through the implementation of mergers and mergers and restructuring, China Gold Group strengthened the integration of new and old mines, integrated small mines, organized exploration and mining campaigns, formed a larger resource base and production base, further increased industrial concentration, and enhanced the competitiveness of enterprises. .

Over the past five years, the China Gold Group has invested more than 10 billion yuan to integrate more than 70 projects and increased the amount of gold resources by more than 660 tons, molybdenum 150,000 tons, tungsten 150,000 tons, and iron ore 100 million tons. The 20 gold and non-ferrous bases represented by Inner Mongolia Wushan, Sunite, Tibet Jiama, Henan Sanxin, Taibai and Shaanxi Jiapigou, optimized the industrial layout, achieved intensive production, and provided enterprises with sustainable development. Solid support.

In the Jiama mining area in Tibet, China Gold Group hired domestic renowned academicians and experts as advisors, and adhered to the Trinity Exploration Model combining production, learning, and research. In the snow-covered plateau, a life-saving area of ​​more than 5,000 meters above sea level, cumulative investment funds were invested. 300 million yuan has completed a footage of 200,000 meters. It has been proven that copper, molybdenum and other metal-reduced copper resources are close to 20 million tons, more than 20 times of the initial 930,000 tons integrated in 2007, creating a miracle in the history of Tibetan exploration. The exploration results were evaluated by the Geological Society of China as one of the “Top Ten Prospecting Achievements in 2009”.

It is reported that at present, the Jiama Mining Area has become a super-large copper multi-metal development base in Tibet and it is expected that it will become a world-class copper polymetallic ore by further work. While the resources are being developed in a rational manner, the China Gold Group is committed to the maintenance of national unity and is dedicated to the benefit of the local people. It attaches great importance to building a garden-style mine and shares the results of mining development with Tibetan compatriots.

Major breakthroughs have been made in the new area exploration of the New Area. The China National Gold Group has taken the State Council's Outline for Strategic Action for Prospecting Breakthroughs as the guide to strengthen the comprehensive geological study of the mining area. Under the premise that the geological conditions of the mining area are basically clear and the mineralization rules of the mining area are basically grasped, the Chinese government follows the laws of market economy. With the geological work rules, the exploration of the mine is conducted through the guidance of the government, the connection of the enterprise, and the operation of the market, and the exploration of the whole installation is carried out, thus realizing a major breakthrough in prospecting in the New District.

According to statistics, in the past five years, China National Gold Group has invested a total of 1.1 billion yuan in prospecting funds in the new area, completed 1.14 million meters of drilling footage, added 534 tons of gold metal, more than 7 million tons of copper metal, and more than 800,000 tons of molybdenum metal.

Take the Hunan Huaihua area as an example, the China Gold Group's integration meeting with the Dayetang gold mine in the same county and the Wuqiangxi gold deposit in the Fuling county, and relying on its own funds to explore in-depth exploration ideas for low-grade and large-scale development. Green drilling, portable hydraulic multi-angle drilling construction and other key technologies, and vigorously implement a full-scale exploration, drilling 42,000 meters, adding low-grade gold metal amount of nearly 60 tons.

It is understood that this region is the largest scale quartz vein type of low-grade gold deposit that can be developed and utilized in Hunan and even the whole country. This major prospecting result has greatly eased the resource constraints that have constrained the development of Xiangxi and provided strong resources and industrial support for the stable and rapid economic development in Xiangxi.

Experts said that the breakthrough in prospecting for this deposit is also of great significance for promoting low-grade, large-scale prospecting models and development and utilization.

Under the new situation, China National Gold Group will accelerate the implementation of the strategy of “stabilizing the country, expanding overseas, focusing on gold, and developing multiple metals”, and making efforts to quadruple the main economic indicators of the “Twelfth Five-year Plan” on the basis of 2006. , Enter the world's top 500 enterprises, and build a world-class mining company with “four strong and four excellent” to make greater contribution to strengthening our country's resource support capabilities and promoting the scientific development of mining industry.

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