The second Shanghai Forum of China Mining Industry was successfully concluded. Comprehensive discussion on the 14th five-year Plan, the global development trend of mining industry and how to invest overseas

On December 4, 2020, the China Mining Industry second Shanghai Forum, jointly sponsored by Shanghai Nonferrous Network (SMM), China Renewable Resources Industry Technology Innovation Strategic Alliance and Shanghai Mining Industry chain Service Innovation Alliance, was successfully concluded in Suzhou. The meeting invited Wang Jiahua, former executive vice president of China Mining Federation and special consultant to the Global Mineral Resources Strategic Research Center, Wang Jingbin, chairman of Zhongse Geke Mineral Exploration Co., Ltd., Ouyang Yuyan, executive deputy general manager of Zhongse Silk Road Resources Technology (Beijing) Co., Ltd., and Wang Ji, chairman of Zhejiang Zhiyuan Asset Evaluation Co., Ltd. For everyone to interpret the common sense and key points of mining policies and regulations, risk management of mining enterprises, the application of big data in mining decision-making and other topics.

The period of the 14th five-year Plan is the first five years after China has built a moderately prosperous society in an all-round way and achieved the first centenary goal, taking advantage of the situation to embark on a new journey of building a modern socialist country in an all-round way and marching towards the second centenary goal. Mr. Wang Jiahua, former executive vice president of China Mining Federation and special consultant of the Global Mineral Resources Strategic Research Center, explained the matters worthy of attention in the international cooperation of mining industry in the preparation of the 14th five-year Plan.

China attaches great importance to sustainable development and the rational use of mineral resources, defines sustainable development as the national strategy, and regards the protection of resources as an important part of the sustainable development strategy. The Chinese government encourages the exploration and development of mineral resources with market demand, especially the advantageous mineral resources in the western region, so as to improve the supply capacity of domestic mineral products. Mr. Luan Zhengming, founding partner of Beijing Yuren Law firm and arbitrator of Shenzhen International Arbitration Court, interpreted the trend of China's mining policy.

Today, with the rapid development of globalization and the greatly enhanced linkage and volatility of the international economy, risk management is bound to become an important lifeline for the stable development of enterprises. In recent years, mining enterprises have made overseas investment by means of mergers and acquisitions or equity investment. Mr. Xu Weizhong, President of Huatai Futures Co., Ltd., discussed the risk management of mining enterprises under the global operating environment.

At present, the development of information technology such as big data, "Internet +" and cloud computing will promote the formation of an intelligent mining competition pattern based on big data. In the future, mining data will become the core assets of mining enterprises, and those who master mining data will take the initiative. Building the big data center of mining industry, making use of big data's deep excavation and building an "application"-driven resource evaluation system will be the "magic weapon" for China's mining enterprises to succeed in global competition. Mr. Hu Jian, vice president of Shanghai Nonferrous Network Information Technology Co., Ltd., explained the application of big data in mining decision-making.

With the continuous development of mining globalization, the pace of overseas investment, development and utilization of mineral resources of Chinese mining enterprises is obviously accelerated. "going out" has become the necessity of the development of the resources industry. Possessing and controlling effective resources, increasing value and realizing the sustainable development of mining enterprises are the starting point and foothold of overseas mining investment. Mr. Wang Jingbin, chairman of Zhongse Dike Mineral Exploration Co., Ltd., explained the ways for mining companies to expand their low-cost resources.

At present, big data is affecting human life and changing the way people think about and study the world. In the era of big data, data-intensive knowledge discovery has become the fourth paradigm of scientific research after theoretical science, experimental science and computational science. With the rise of cloud computing, Internet of things, artificial intelligence and other technologies, it is possible to change the infiltration mode, processing method and application mode of information technology, and to combine and combine multi-systems in geological research. Mr. Ouyang Yuyan, vice president of China Silk Road Resources Technology (Beijing) Co., Ltd., explained the analysis of the mining project big data.

Mr. Wang Ji, chairman of Zhejiang Zhiyuan Asset Evaluation Co., Ltd., gave a speech on the construction of the service system of the whole mining industry chain.

Finally, hosted by Wang Jiahua, former executive vice president of China Mining Federation, Li Tianen, chairman of Xi'an Tianzhou Mining Science and Technology Group, Lu Guo, chairman of Beijing Sunshine Chuangchuang Translation Co., Ltd., and Liu, deputy general manager of Ningbo Liqin Resources Science and Technology Development Co., Ltd., the conversation was held in the afternoon, at which everyone discussed where our confidence came from under the title "three-phase superposition".

Reporting by the SMM News Group