Over 870 mln tons of iron ore deposit discovered in "crisis mines": official

15:23, May 19, 2010      

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China's recent research towards 632 depleted mines reveals that 466 are still available for mining, among which 104 mines are predicted with large size ore deposit.

China explored abundant mine reserves in the 1950s, which suffered exhaustion. Therefore, China has launched the practice of prospecting for successive mineral resources in crisis mines since 2004.

Yu Haifeng, vice premier of land survey department of Ministry of Land and Resources of China said the preliminary research shows that 632 crisis mines are detected among 1,010 researched mines and 363 mines are currently free from exhaustion crisis, leaving 15 mines unidentified. Generally, nonferrous and ferrous metal as well as gold ore are in comparatively high danger of depletion.

China has explored 230 crisis mines by the late of 2009 and accumulatively detected additional reserves of 6.6 billion tons of raw coal, 62.2 billion tons of gold ore and 870 million tons of iron ore as well as 2.6 million tons of copper metal and 0.67 million tons of tungsten metal, which can directly be utilized.

It is predicted that these additional explored mine resources, worth of over one trillion Yuan in static gross industrial output value, can prolong the serving lifespan of these mines and provide more than 600,000 job opportunities.

By People's Daily Online


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