Relevant information shows that some assets of China Resources Cement (Zhangping) Co., Ltd. were transferred at a base price of 119.3108 million yuan. The
transfer object is the mining right and ancillary mining facilities of Shibankeng Limestone Mine for Cement, located in Yangao Village, Gongqiao Town, Zhangping City, Fujian Province, with an area of 5.8684 square kilometers, underground mining, and a mining license scale of 1.2 million tons per year.
The mine design was designed by Fujian Building Material Industry Design Institute in November 2006 and approved by Fujian Safety Production Supervision and Administration Bureau. The whole mine is divided into five mining levels of 450m, 390m, 330m, 275m and 220m, of which three levels of 450m, 390m and 330m have been constructed. The underground operation of the mine is 18460 meters, of which 450 levels are 14488 meters of various roadways. The 390 middle section has been excavated for 686 meters (the main transport roadway has been excavated for 574 meters), and the 330 middle section has been excavated for 3286 meters (the main transport roadway has been excavated for 490 meters). In April 2013, the safety facilities of 450 middle sections were completed and accepted by Fujian Safety Production Supervision and Administration Bureau, and the Safety Production License was obtained.
According to the annual report of reserves in 2018 (compiled by Fujian Huafei Mining Group Co., Ltd.), the total reserve of resources at the end of 2018 was 94.9326 million tons, and no reserve of resources was used thereafter. According to the detailed geological survey report of the mine (prepared by Fujian Geological Exploration Institute of Sinochem Geology and Mine Administration), the average value of CaO grade is above 52%.
After checking, the mine was suspended in October 2018. As of the base date of evaluation, all equipment was idle. This time, the relevant assets of the mine were evaluated according to their still usable state. Shibankeng Mine has been suspended for many years. According to the current policy, before resuming mining, it is necessary to invest in the transformation of the original facilities and equipment such as high-voltage lines, underground cables, and technical defense of the pyrotechnics warehouse, as well as the subsequent investment in mine infrastructure and mining (including shaft engineering and six major system construction), all of which are unrelated to the transfer of mining rights and are planned by the transferee, and all the resumption of production and subsequent investment are borne by the transferee.
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