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Chinas iron ore reserves of 9.25 billion tons of new resources

2014-09-22

In order to ensure the sustainable development of economy and society in China, based on the domestic to strengthen resource security capacity of the energy, since 2011, the Ministry of land and resources, the national development and Reform Commission, Ministry of science and technology and the Ministry of finance, according to the State Council approved the "prospecting breakthrough strategy action plan (2011-2020)", a nationwideorganization and implementation of prospecting breakthrough strategy action, in the joint efforts of all regions,departments concerned, to find the first stage of prospecting breakthrough strategy action has achieved fruitful results. In three years, the cumulative investment of about 350000000000 yuan of funds for mine, compared withthe input of 2008-2010 years of three years, grew 28%, of which, the social capital investment accounted for more than 85%. The evaluation results show that, the implementation of action smoothly, with remarkable results, these three years since the establishment of the new China is the most significant prospecting work in three years.

(a) implementation of prospecting significant progress, the formation of a number of resource base prototype. In three years, the national energy and important mineral resources prospecting results are very significant, newly discovered mineral medium and above 451 (including large 162), including natural gas, uranium, molybdenum,tungsten and found a number of world-class deposits.

Energy. Petroleum, natural gas reserves remain high growth, new oil 39.47 tons, natural gas 2.3 trillion cubic meters, respectively is the previous accumulated proven reserves of 12.57%, 25.3%, 8 tons oil found in succession Erdos, Tarim Basin and Bohai Bay Basin, found 6 billion square gas field in Sichuan and in the Ordos,Tarim basin. Coal seam gas in Qinshui Basin and the eastern margin of the main Erdos basin add 287700000000cubic meters, more than 2010 before the end of the year, total proven doubled. Shale gas, the first breakthroughin Chongqing, proved the first billion square self-contained shale gas field, the formation of 1500000000 partycapacity. Coal identified resources and reserves of 1886 tons, Xinjiang and Shanxi added a number of large and super large coal mine areas, the south in Fujian coal shortage provinces also have a new found. Uranium exploration to identify a large sandstone type uranium deposit in the Erdos basin, is expected to form a newpattern of development and utilization of uranium deposits in china.

In other minerals. The new resources of iron ore reserves of 92.50 tons, a group of large mineral found in thesaddle, Jidong and Panzhihua traditional iron ore base, Xinjiang central and southern Xinjiang iron ore is expected to form a number of new resource base. Copper added 15070000 tons, Northwest Yunnan and central Tibet is expected to form a new copper resource base; in addition, the dragon copper mine in northern Tibet in 2013 to become the largest global copper exploration in discovery, the preliminary estimate of new copper resource of 6000000 tons, about 150 tons of associated gold. Add 2.8 tonnes of bauxite, made mainly in Shanxi, Henan,Guizhou and other traditional Chinese bauxite base. The new 2395 tons of gold, found a significant exploration of Jiaodong gold deposits in the area, in the annual output of more than 140 tons (accounting for 1/3 of nationaloutput) circumstances, conserve resources reserves still maintained a substantial increase. North of Yunnan Province, central Qinghai has made important progress, is expected to form a group of 100 tons of gold resource base. These results provide the resource base for Chinas gold output is the first in the world status. Newtungsten tungsten oxide 1740000 tons, the worlds largest found Dahutang tungsten in North jiangxi. Molybdenumadded 11050000 tons, the new discovery of Anhui Sha Ping Gou three 2000000 tons of molybdenum, China as the resource based powers first world molybdenum resources in a more stable.

(two) basic geological survey of fast forward, and lay a solid foundation for prospecting breakthrough.Investigation of 1:5 000 scale regional geological coverage ratio promotion is most obvious, from 22% in 2010 to30% in 2013, three years before the workload is equivalent to the total workload of 1/3, the coverage ratio of theimportant prospecting area increased from 40.6% to 77%, the coverage ratio the key metallogenic zone from 33.7% to 56.6%. These work provides important basic geological data for prospecting breakthrough, made an important contribution to the investigation of oil and gas resources; new discovery Tuquan basin, Tuonamu area,fish card sag and Wulong sag 17 favorable target areas, mineral prospective survey of new geophysical and geochemical anomalies delineated 19000, submitted to the ore prospecting target area of more than 700 office,provides an important orientation for subsequent commercial risk prospecting; natural gas hydrate investigationthe continuous acquisition of high purity samples in the northern South China Sea, provide an important scientific basis for evaluation and exploitation of natural gas hydrate in China Sea area. The completion of the provincial capital city of shallow geothermal energy assessment, ground source heat pump 31 provincial capital city of the total heat capacity equivalent to 4.67 tons of standard coal, providing a way for clean energy development and utilization of the capital city. In addition, mineral resources assessment in 2013 the successful ending, the completion of coal, uranium, iron, copper, aluminum and other quantitative prediction of 25 kinds of importantminerals, the basic of the 25 minerals resource family property, the overall volume of resources have been identified for the prediction of the amount of resources 1/3, there is a great potential for prospecting. The delineation of 50000 predictions for the future prospecting area, provide scientific basis for the exploration of layout.

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