China Reports Ultra-Large Copper-Gold Discovery in Anhui, Boosts Mineral Reserves
On September 22, China's State Council Information Office announced major mineral exploration results from January to August 2024, including nearly 70 million tonnes of new recoverable oil reserves and 610 billion cubic meters of natural gas. The Chating copper-gold deposit in Anhui and the Zhugongtang lead-zinc deposit in Guizhou reached ultra-large scale in newly added resources. Officials outlined plans to accelerate strategic mineral exploration during the 15th Five-Year Plan period (2026-2030) to secure domestic supply chains.
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China's New Round of Mineral Exploration Finds Major Copper and Gold Deposits
On September 22, China's State Council Information Office held a press conference on the '15th Five-Year Plan' (2026-2030) regarding natural resource security and sustainable use. Liu Guohong, head of the Ministry of Natural Resources and Chief Inspector of Natural Resources, announced significant progress in the new round of mineral exploration. From January to August 2024, China added nearly 70 million tonnes of recoverable oil reserves and 610 billion cubic meters of recoverable natural gas. The Chating copper-gold deposit in Anhui and the Zhugongtang lead-zinc deposit in Guizhou both reached 'super-large' scale in newly added resources. Liu stated that during the '15th Five-Year Plan' period, China will accelerate the strategic mineral exploration action to secure the supply chain of strategic minerals. The Chating porphyry copper polymetallic deposit in Xuancheng, Anhui, is estimated to contain copper resources exceeding several large copper mines (50,000 tonnes threshold) and gold resources exceeding over ten large gold mines (20 tonnes threshold), potentially becoming a super-large copper-gold production base in East China.
Read sourceChina Reports Strong Strategic Mineral Exploration Results, Plans New Campaign
On September 22, Liu Guohong, Secretary of the Party Leadership Group of the Ministry of Natural Resources and Chief Inspector of Natural Resources, announced at a State Council Information Office press conference that China's strategic mineral exploration has yielded significant results in the first eight months of the year. From January to August, the total transaction value of exploration rights granted nationwide surged by 133.5% year-on-year. Newly added recoverable reserves reached nearly 70 million tons of oil and 610 billion cubic meters of natural gas. Major discoveries include the Chating copper-gold deposit in Anhui and the Zhugongtang lead-zinc deposit in Guizhou, both of which have added resources on a super-large scale. Looking ahead to the 15th Five-Year Plan period (2026-2030), the government plans to accelerate a new round of strategic mineral exploration, coordinating exploration, production, supply, storage, and sales to secure the safety of strategic mineral industry and supply chains.
Read sourceChina Discovers Ultra-Large Copper-Gold Deposit in Anhui Province
On September 22, China's State Council Information Office held a press conference as part of the 'Start of the 15th Five-Year Plan' series, focusing on the safe, efficient, and sustainable use of natural resources. Officials reported significant progress in mineral exploration during the first eight months of the year. Newly added recoverable reserves of petroleum reached nearly 70 million tons, and natural gas added 610 billion cubic meters. Notably, the Chating copper-gold mine in Anhui Province and the Zhugongtang lead-zinc mine in Guizhou Province have been upgraded to 'ultra-large' scale in terms of newly added resource volumes. The discoveries underscore China's ongoing efforts to secure domestic supplies of critical minerals.
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China Discovers Ultra-Large Copper-Gold Deposit, Reports Major Mineral Exploration Breakthroughs
On September 22, China's State Council Information Office held a press conference titled 'Starting the 15th Five-Year Plan' to discuss the promotion of safe, efficient, and sustainable use of natural resources. Officials reported significant progress in mineral exploration. From January to August, China added nearly 70 million tons of new recoverable oil reserves and 610 billion cubic meters of new recoverable natural gas reserves. Additionally, the Chating copper-gold mine in Anhui province and the Zhugongtang lead-zinc mine in Guizhou province have seen their newly added resource volumes reach ultra-large scale. The discovery of the ultra-large copper-gold deposit is a key highlight, indicating a major boost to China's domestic mineral resource security.
China Discovers Ultra-Large Copper-Gold Deposit in Anhui, Boosting Mineral Reserves
On September 22, China's State Council Information Office held a press conference on the theme of 'Starting the 15th Five-Year Plan,' detailing progress in ensuring the safe, efficient, and sustainable use of natural resources. Officials announced significant achievements in mineral exploration during the first eight months of the year. The country added nearly 70 million tons of new recoverable oil reserves and 610 billion cubic meters of new recoverable natural gas reserves. Notably, the Chating copper-gold mine in Anhui Province and the Zhugongtang lead-zinc mine in Guizhou Province have been upgraded to ultra-large scale in terms of newly added resource volumes. These discoveries underscore China's ongoing efforts to enhance domestic resource security and reduce reliance on imports for critical minerals.