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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (42118)	8/26/2009 10:39:48 AM
From: LoneClone	Read Replies (1) \| Respond to of 197257

China's Xinjiang region hopes to add 139 mines by next year While China is closing or consolidating many small coal mines, Xinjiang Province intends to develop more mines. Author: Dorothy Kosich Posted: Tuesday , 25 Aug 2009 RENO, NV - mineweb.co.za The regional government of the Xinjiang Uygur autonomous region of China plans to develop 139 large and medium-sized coal mines by 2010. The Coal Industry Administration of Xinjiang hopes to build new coal mines and restructure small collieries in its 11th Five-Year Plan period, which is expected to yield a total annual output of 226 million tons as all the projects reach full capacity. China Daily reported that about 65 sites are in the region's four largest coal mine areas. Xinjiang is believed to have 2.2 billion tons of coal reserves for 40% of China's total coal output. Coal production in the region approached nearly 67.7 million tons last years. Production is expected to reach 80 million tons this year and 100 million tons in 2010, according to the Coal Industry Administration. Coal for local use is now mined in the province as one of the biggest hurdles to developing coal in the region is the lack of transportation. In order to accelerate Xinjiang's coal exploration, China has invested money in transporting coal from west to east and in transmitting power from west to east. China's Shenhua Group announced last month that it would invest billions in the region in order to increase its coal capacity to more than 60 million tonnes in the region by 2014. Shenhua also hopes to develop coal to oil conversion projects in Xinjiang.