The Regulation Mechanism Study on Mineral Resource Reserves

2013 ◽  
Vol 868 ◽  
pp. 224-227
Author(s):  
Zhong Bao Ren ◽  
Tian Ke Liu ◽  
Ying Gui Cao

Deposit reserves have a role in regulating the development and utilization of mineral resources. Its core is to secure the supply of mineral resources by selecting the right sequence and optimizing the layout of mineral resources E&D. this paper devised a measuring model for the deposit reserves . Following the principle of store up in bumper years to be in ready for hard ones, and considering the particularities of deposit reserves. we concluded that: For the advantage of mineral resources, regulating reserve can realize resource advantage to economic advantage, therefore the reserve object should focus on mining right reserves. Finally, we incorporated three recommendations for the nations effort in deposit reserves: make special plans for deposit reserves, establish an organizing and leading body for deposit reserves and structure a mineral reserve system.

Obiter ◽  
2021 ◽  
Vol 34 (2) ◽  
Author(s):  
PJ Badenhorst

This decision is an appeal from the decision of the South Gauteng High Court in SFF Association v Xstrata (2011 JDR 0407 (GSJ)). The court a quo decided incorrectly that the holder of an old-order mining right, which was converted into a (new) mining right in terms of the Mineral and Petroleum Resources Development Act 28 of 2002 (the “Act”), remains liable upon conversion for the payment of (contractual) royalties in terms of a mineral lease, which was concluded prior to enactment of the Act. The appeal was upheld by the Supreme Court of Appeal (“SCA”) (2012 (5) SA 60 (SCA) par 27). The decision was rendered by Wallis JA with the other judges concurring with his judgment. Prior to the Act mineral-right holders could grant a mining right to a miner against payment of royalties or other forms of consideration. At issue on appeal was whether the obligation to pay royalties in terms of a mineral lease “survives the introduction of the new regime in respect of mining rights brought about by the Act”. As indicated by the SCA, the Act fundamentally changed the legal basis upon which rights to minerals are acquired and exercised. Previously mineral rights were vested in the owner of land or the holder of mineral rights, which rights could be exercised upon acquisition of a statutory authorization to exploit the minerals. In terms of the new regime, common-law mineral rights were destroyed and “all mineral resources vested in the state as the custodian of such resources on behalf of all South Africans”, whereupon the state could confer the right to exploit such resources to applicants. Upon granting a mining right in terms of the Act (statutory) royalties have become payable to the state since 1 March 2010 of the Act and the Mineral and Petroleum Resources Royalty Act 28 of 2008. In order to prevent disruption of the mining industry, provision was made in the Act for the continuation of old-order rights for different transitional periods ranging from one to five years and conversion of such rights during the periods of transition. The transitional arrangements in Schedule II of the Act (“transitional arrangements”) inter alia ensured security of tenure of prospecting rights and mining rights and enabled holders thereof to comply with the Act. In particular, an old-order mining right remained valid for five years “subject to the terms and conditions under which it was granted” (item 7(1) of the transitional arrangements) and could be converted into a new mining right (item 7(2) of the transitional arrangements) if certain requirements were met. The applicant had to have: (a) met the requirements for lodgement of application for conversion; (b) conducted mining operations in respect of the mining right; (c) indicated that he would continue to conduct such mining operations upon conversion of the mining right; (d) had an approved environmental management programme; and (e) paid the prescribed conversion fee (item 7(3) of the transitional arrangements). To recap, the Xstrata decision dealt with an old-order mining right that had been converted into a (new) mining right and the effect of these statutory changes on rights to royalties which accrued to a former holder of mineral rights by virtue of a mineral lease. 


2011 ◽  
Vol 103 ◽  
pp. 498-503
Author(s):  
Fu Sheng Mu ◽  
Yi Lun Liu

Crushing is the necessary process of solid mineral resources development and utilization, and the technology level of grinding equipment is closely related with the development and utilization of mineral resource. In this paper, the main grinding equipments such as jaw crusher, cone crusher and ball grinding mill, are comprehensively summarized, especially on the technology’s development, the existing problems and development’s direction. In addition, the prospect and direction of the grinding technology are put forward in the view of industry.


2014 ◽  
Vol 962-965 ◽  
pp. 63-67 ◽  
Author(s):  
Qin Jun Du ◽  
Zhao Gang Wang

Based on data envelopment analysis (DEA) approach ,use the 11 prefecture-level city in Hebei Province as the research object, selects indicators of the inputs and outputs categories of the mineral resource development and utilization of the year of 2007 , analyzes mineral resources development utilization efficiency of the prefectural-level city in Hebei, including overall efficiency, technical efficiency and scale efficiency. The results show that: the efficiency in the development and utilization of mineral resources throughout the prefecture-level cities in Hebei exists regional differences. On this basis, made recommendations accordingly.


2014 ◽  
Vol 675-677 ◽  
pp. 1351-1357 ◽  
Author(s):  
Shao Hong Cai ◽  
Wen Jiang Liu ◽  
Qiu Lan Xiang ◽  
Yang Lu

Under the background of low-carbon economy, the researchers analyzed the situation of the development and utilization of mineral resources in West China, and the existing problems. By comparing industrial organization models and synthetically efficient analysis of different organization models of production for resources industries, ways and countermeasures to the ecological development for the mineral resources industries in West China were put forward, in terms of the transformation of organization models of industrial clusters, integration of industrial cycle organization models, reconstruction of industrial ecology organization models and so on.


Author(s):  
Е.В. Кузнецова

При моделировании системы управления минерально-сырьевым комплексом региона необходимо учитывать влияние рисков на реализуемость горного проекта, как элементов внешней среды. В работе выполнено моделирование системы управления минерально-сырьевым комплексом региона с учетом рисков горных проектов. One of the most important state tasks in the management system of the mineral resource complex, both at the national and regional levels, is to ensure the reproduction of mineral resources. The solution of this problem can be modeled using the theory of control of active systems, which, of course, can be attributed to the mineral resource complex. When modeling the management system of the mineral resource complex of the region, it is necessary to take into account the impact of risks on the feasibility of a mining project, as elements of the external environment. In this paper, the authors have modeled the management system of the mineral resource complex of the region, taking into account the risks of mining projects.


2011 ◽  
Vol 291-294 ◽  
pp. 1748-1751
Author(s):  
Ying Zhang ◽  
Chang Shui Liu ◽  
Lian Feng Gao ◽  
Zhen Guo Zhang ◽  
Peng Zhang

Rare earth metals are an important strategic resource. Due to scarce reserves, and large consumer demand, it is facing the crisis of resource depletion. Marine are the largest deposits sites in the world. In the long growth history, marine autogenic sedimentary mineral, such as polymetallic nodules, crusts with large quantities, not only contain the enrichment of Mn, Fe, Co, Cu, Ni and other valuable metals, but also contain extremely rare earth elements (REE) in the crust. Thus, in the process of developing marine mineral resources, Mn, Fe, Co, Cu, Ni and other metals are used, while it is possible for the development and utilization of the associated rare earth mineral. Marine may become a new field of rare earth resources development.


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