Xingye Mining: Yinman Mining will resume production in the near future

Societe Generale Mining issued a notice on the resumption of production by wholly-owned subsidiaries, saying:

Inner Mongolia Xingye Mining Co., Ltd. (hereinafter referred to as "Xingye Mining" or "the Company"), a wholly-owned subsidiary of Xiwuzhumuqin Banner Yinman Mining Co., Ltd. (hereinafter referred to as "Yinman Mining"), occurred a major safety accident on February 23, 2019. The latest developments are as follows:

On April 28, 2020, Yinman Mining submitted the "request for on-site verification and acceptance of self-investigation and rectification work" to Xiwuzhumuqin Emergency Management Bureau (hereinafter referred to as "Xiwu qi Emergency response Bureau"). After level-by-level examination and approval, the Emergency Management Department of Inner Mongolia Autonomous region (hereinafter referred to as "Autonomous region Emergency Department") issued a reply to Xilingol League Emergency Management Bureau (hereinafter referred to as "League Emergency Bureau") on June 18, 2020, agreeing to the acceptance of Yinman Mining Organization by the League Emergency Management Bureau.

From June 29, 2020 to June 30, 2020, the League Emergency Bureau, together with the Xiwu qi government and the Xiwu qi Emergency Bureau, organized an expert group to check and accept the rectification of the hidden dangers of the "2.23" accident in Yiman Mining Industry, and re-inspected Yinman Mining Industry on July 8, 2020 to confirm that the rectification was completed. On July 10, the Emergency Bureau of the League submitted the request for resumption of production and the opinions of the expert group to the Administrative Office of the Xilingol League (hereinafter referred to as the "League Administration"). On July 20,2020, the League Administration issued a letter on agreeing in principle to Xiwu qi Yinman Mining Co., Ltd. to resume work and production in accordance with the law (Xixi word [2020] No. 80): "agree in principle to Yinman Mining Company to resume work according to law, please report to the Autonomous region Emergency Management Department in accordance with the relevant work requirements and procedures."

On July 27, 2020, Yinman Mining received back the "Safety production permit" temporarily withheld by the Emergency Department of the autonomous region. Up to now, Yinman Mining Industry has the conditions to resume production and will resume production in the near future.

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