Commercial exploration capital markets boost China's geological exploration.
Release time:
2015-06-07
Source:
This market is China’s first commercial exploration capital market, bringing together expertise, technology, and resources from various sectors—including mining, finance, capital, investment, law, and trading—specifically to address the unique market conditions faced by Chinese mining exploration entities as they undergo institutional reforms.
Beijing International Mining Rights Exchange ( North Mining Institute )5 Moon 28 Day of the month 2015 Launched at the China Prospecting Annual Conference " North Mining Institute's Commercial Exploration Capital Market " This market is China’s first commercial exploration capital market, bringing together expertise, technology, and resources from various sectors—including mining, finance, capital, investment, law, and trading. It is designed to address the unique market conditions faced by Chinese mining exploration entities as they undergo institutional reforms, thereby establishing a commercial exploration capital market with distinctly Chinese characteristics. The market aims to become China’s leading capital market for natural resource and mineral exploration and Asia’s premier international platform for trading mining rights.
With " Innovative Development under the New Normal " For the theme 2015 The China Prospecting Annual Conference and the 9th Symposium for Hundred Geological Team Leaders were held on... 5 Moon 28 day -29 The event was held in Lujiang, Anhui Province. Nearly... from geological exploration units, mining enterprises, financial institutions, and research institutes across the country. 800 Distinguished delegates attended the meeting to discuss the development direction of China’s mining and geological exploration industries under the new normal, analyze the current status of production capacity in the geological exploration sector, and explore new approaches for the reform and development of geological exploration teams.
Gao Xiang, President of the Beijing International Mining Rights Exchange, said in an exclusive media interview that the Beijing International Mining Rights Exchange will provide relevant services to geological exploration units by establishing a commercial capital market for exploration activities.
Gao Xiang stated that the North Mining Institute’s commercial exploration capital market, through measures such as verifying geological reports and continuously disclosing progress in geological exploration, has introduced international geological standards and a qualified-persons system, thereby enhancing the credibility of projects. ; By connecting with multiple domestic and international capital platforms, we provide investors with a variety of exit channels. ; To establish a channel for enterprises to connect with the capital market, enhance their ability to sustainably generate internal growth, achieve standardized management, and improve economic efficiency.
Gao Xiang introduced that the Beijing Mining Institute, approved by the Beijing Municipal Government, is an open, fair, and impartial trading platform with state-owned capital backing. In the mining sector, we are very eager to make efforts to provide channels for mining capital.
" We hope to establish a channel through a market-oriented platform that connects exploration companies’ commercial operations with investors. This channel will operate in a market-driven manner, adhering to the principles of openness, fairness, and impartiality, and will explore a capital market for exploration activities that is uniquely Chinese in character. " Gao Xiang said.
Regarding the characteristics of the commercial exploration capital market, Gao Xiang, who has worked for many years at the Toronto Stock Exchange—the world’s largest exchange for natural resource equities—believes that the participants in the Northern Mining Exchange’s commercial capital market come from a remarkably diverse range of sources. These participants include those capable of recommending companies to enter the market and assuming ongoing supervisory responsibilities. " Recommended Institutional Member " Also included are those with mining industry experience who provide services in a specific professional field. " Professional Services Firm Member " It also includes mining and exploration enterprises or individuals who voluntarily apply for membership in the Northern Mining Institute. In terms of entry barriers, as well as the procedures for entering the market and subsequent financing, the Northern Mining Institute’s commercial exploration capital market has been further streamlined. To gain access, applicants only need to meet basic requirements such as being legally established, having clear equity ownership, operating in a standardized manner, demonstrating ongoing business viability, and holding exploration rights. "
Regarding the future of the North Mining Institute’s commercial exploration capital market, Gao Xiang pointed out that establishing and developing the capital market, perfecting the mining capital market system, and further enhancing the capital market’s role in optimizing resource allocation will facilitate the structural adjustment and strategic restructuring of state-owned mining enterprises and geological exploration units, thereby improving the degree of resource assurance.