Hongshi Cement won the mining right of Baituqiang Limestone Mine for Cement in Xunjiansi Town, Mile City, Yunnan Province for 68.82 million yuan

2024-09-23 16:04:45

Electricity and water have been supplied near the mining area, and the surrounding geological environment is relatively simple, so the open-pit mining conditions of the mine are relatively convenient. The maximum slope height of the open-pit boundary is 109m. The mined limestone has high mechanical strength and good stability, and the final slope angle should not be greater than 45 °. According to the mining method determined by the design and the delineated open-pit boundary, deducting the permanent overburden ore amount of the final open-pit slope, the controlled limestone ore resource is 1.684 million tons (624,900 m3), and the inferred limestone ore resource is 500,000 tons (190,000 m3).

On July 17, Maitreya Red Lion Cement Co., Ltd. won the mining right of limestone mine for white earth wall cement in Xunjiansi Town, Maitreya City, Yunnan Province for 68.82 million yuan, with a starting price of 68.82 million yuan. The mining area of the

project is planned to be sold for 30 years, with an annual output of 2.2 million tons, an area of 0.7055 square kilometers and a resource reserve of 77.5981 million tons.

Details:

From 8:30 a.m. on June 5, 2024 to 3:30 p.m. on July 17, 2024, the Government Procurement and Transfer Center of Honghe Hani and Yi Autonomous Prefecture publicly listed to transfer the mining right of Baituqiang Limestone Mine for Cement in Xunjiansi Town, Mile City, Yunnan Province. The transaction results are announced as follows:

1.

Name of Bid Winner: Maitreya Hongshi Cement Co., Ltd.

Location: No.220

, Xuanwu Group, Xuanwu Village Committee, Xunjiansi Town, Maitreya City, Honghe Hani and Yi Autonomous Prefecture, Yunnan Province Unified Social Credit Code: 91532504MA6PY5R87R

II. Transaction time, place

and time: July 17

, 2024 Location: Honghe Hani and Yi Autonomous Prefecture Government Procurement and Transfer Center

III. Basic Information of

Mining Right Transaction Project Name: Baituqiang Limestone

Mine for Cement in Xunjiansi Town, Mile City, Yunnan Province Mineral Type: Limestone

for Cement Location: Xiaoshuitang, Zhongshan Village Committee, Xunjiansi Town, Mile City, Honghe Prefecture, Yunnan Province

Area of Baituqiang Village: 0.7055 km2

Resource reserves: 77,598,100 tons

Mining elevation: 1,609m to & nbsp; Development and utilization of 1500m

resources: Development and utilization plan mine is located in a place with convenient transportation. Electricity and water are available near the mining area, and the surrounding geological environment is relatively simple. The open-pit mining conditions of the mine are relatively convenient. The maximum slope height of the open-pit boundary is 109m. The mined limestone has high mechanical strength and good stability, and the final slope angle should not be greater than 45 °. According to the mining method determined by the design and the delineated open-pit boundary, deducting the permanent overburden ore amount of the final open-pit slope, the controlled limestone ore resource is 1.684 million tons (624,900 m3), and the inferred limestone ore resource is 500,000 tons (190,000 m3). The total overburden resource is 2,184,000t (814,900 m3). The reliability coefficient of the design control resource is 1.0, and the reliability coefficient of the inferred resource is 0.8. Therefore, the design utilization resource reserve of the mine is 70,505,000 t; With reference to similar open-pit mines, the mining loss rate of the mine is 5%, the dilution rate is not calculated, and the calculated design recoverable resource reserves of the mine are 66.98 million tons; the mined ore volume is 66.98 million tons, the production scale of the mine is 2.2 million tons/year, the mining method is open-pit mining, and the production service life of the mine is 30.4 years. Requirements for

mine geological environment protection and land reclamation: After going through mining registration and becoming a legal mining right holder, the bidder shall strictly abide by the laws and regulations on mineral resources and relevant mining right management policies, protect the ecological environment according to law, build green mines, effectively protect, rationally exploit and comprehensively utilize mineral resources. To carry out mine geological environment control and land reclamation, the bidder shall pay land reclamation fees according to regulations, establish a fund for mine geological environment restoration and control, and fulfill the legal obligations of mining right holders such as mine geo logical environment restoration and control and land reclamation according to law.

Proposed transfer period: 30 years

Starting price: 68.82 million yuan

IV. Transaction price and payment time of mining right Method

Transaction price: 68.82 million yuan

Payment time: August 7

, 2024 Payment method: Payment

by installments 5. The time limit

for applying for mining registration is within

40 days. VI. Ways and means

of raising objections to the contents of publicity. Publicity time: from September 23, 2024 to October 10

, 2024. Please report to the Natural Resources and Planning Bureau of Honghe Hani and Yi Autonomous Prefecture in writing with your real identity during the publicity period. Natural Resources and Planning Bureau of Honghe Hani and Yi Autonomous Prefecture 0873-3732221

VII. Other Contents

The listing transfer of the mining right of Baituqiang Limestone Mine for Cement in Xunjiansi Town, Mile City, Yunnan Province was completed at 3:30 p.m. on July 17, 2024, and the confirmation of the transaction was signed. It should be publicized for 10 working days on July 18, 2024. However, due to staff reasons, the announcement of the transfer of the mining right has been delayed up to now. I hereby apologize.

This announcement is published simultaneously on the portal website of Honghe Natural Resources and Planning Bureau and the trading hall of Yunnan Public Resources Trading Information Network. Natural Resources and Planning Bureau

of Honghe Prefecture September 20

, 2024
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