- Write by:
-
Friday, December 27, 2019 - 12:52:35 PM
-
562 Visit
-
Print
Mining News Pro - China plans to promote investment in repairing environmental damage caused by mining, and wants a mixture of public and private entities to contribute, said the Ministry of Natural Resources.
According to Mining News Pro - More than 3.6 million hectares of land in China was used and damaged by mining activities at the end of 2018, the ministry said in a statement on its website, reports Reuters.
Until now restoration has been held up by a lack of effective policies to stimulate investment, according to the ministry.
The ministry’s “market-oriented way” for the restoration process aims to encourage the repair and utilisation of mine land, including suitable use of abandoned soil and stones left over from mining.
China’s Ministry of Natural Resources also aims to encourage social capital investment by granting land usage rights for abandoned state-owned construction land after the restoration is completed.
The plans, which will be in force for five years, will include all entities including private firms, according to the ministry.
Short Link:
https://www.miningnews.ir/En/News/463435
Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday, missing analyst expectations on the ...
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s ...
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an ...
A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with ...
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the ...
Chile’s state copper company Codelco defended its proposed lithium production tie-up with SQM in response to criticism ...
Canadian miner First Quantum Minerals (TSX: FM) believes it will be able to take the already mined 121,000 tonnes of ...
No comments have been posted yet ...