<SPAN style="FONT-SIZE: 10.5pt; FONT-FAMILY: Tahoma"> <H2 dir=rtl style="MARGIN: auto 0cm" align=left><SPAN style="FONT-SIZE: 10.5pt; FONT-FAMILY: Tahoma">Chinese mining law reform may take 5 years</SPAN></H2></SPAN>

14 March 2004 | 13:46 Code : 3666 Geoscience events
<H2 dir=ltr style="MARGIN: auto 0cm" align=left><FONT size=2><SPAN style="FONT-SIZE: 8pt; FONT-FAMILY: Verdana">Representatives Of china's Ministry of Land and Resources Estimated it ...</SPAN></FONT></H2>

Chinese mining law reform may take 5 years<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Representatives of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />China's Ministry of Land and Resources estimated it could take years before the Chinese People's Congress finally enacts national mining law reforms. Mineweb reports that one optimistic estimate was a five-year wait for approval of laws, which will guarantee security of land tenure, protect the environment, enact land use zoning and planning laws, and improve mining taxation. Nevertheless, ministry official Tiejun Wei told attendees at the Prospectors and Developers Association Conference in Toronto Tuesday that the nation has made "great progress on land rights" and improving the "efficiency of resource utilization," according to an interpreter.


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