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Zijin Mining Chairman Was Fined About 700000 Yuan

2010/12/28 9:59:00 50

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Xinhua News Agency December 27th, December 27th, Fujian

Environmental protection department

A decision on administrative penalty is issued.

zijin mining

Chen Jinghe, chairman of the group Limited by Share Ltd, made a 705997 yuan penalty for Zijin mining pollution incident.

At the same time, Zijin Mining announced that it would donate 50 million yuan to the Xinyi Civil Affairs Bureau of the Zijin "9 / 21" dam break incident in Xinyi, Guangdong, and sell the silver rock tin mine assets (including mining rights) as a whole, giving priority to the victims' claims.

Fujian Province

The environmental protection agency said that in July 3rd and July 16th of this year, two copper containing acid solutions leaked from the wet processing plant of Zijinshan Gold Copper Mine in Zijin Mining Group Co, causing a major water pollution accident in Ting River, with a direct economic loss of 31 million 877 thousand and 100 yuan.

The above acts violate the relevant provisions of the law of the People's Republic of China on the prevention and control of water pollution and the law of the People's Republic of China on environmental protection.

Fujian provincial environmental protection department said Chen Jinghe was the chairman and legal representative of Zijin Mining Group Co, and was fined 705997 yuan in accordance with the relevant provisions of the law on the prevention and control of water pollution in People's Republic of China.

At the same time, the Fujian provincial environmental protection department also imposed a fine of 449768 yuan on the executive vice president of Zijin Mining Group Co and Zou Laichang, the director of Zijinshan gold copper mine.

Earlier, the Fujian provincial environmental protection department has imposed a fine of 9 million 563 thousand and 130 yuan on the Zijin Mining Group Co, and ordered it to take control measures to eliminate pollution until the governance is completed.

Shanghang county magistrate Qiu Heqing was suspended from the incident.

According to "Shanghai Securities News" reported that Zijin mining subsidiary Zijin in Xinyi "9. 21" accident investigation results are finally released, Xinyi Zijin will also face the situation of selling compensation.

The "9 / 21" incident led to the death of 22 people in the Qian Pai River Basin, of which 5 were located in the Tatun village under the tailings dam, which was located 5 km downstream of the tailings reservoir. 17 people died in Shuanghe village under the Shihua hydropower station.

In view of the great loss of the incident, Xinyi Zijin may face a larger amount of compensation, while Zijin, Xinyi, lacks cash and assets that can be directly realized at present, and has more than 200 million yuan of debt. Therefore, the company has agreed to the resolution of Xinyi Zijin board of directors, and sold the silver rock tin mine assets (including mining rights) as a whole, giving priority to the victims' claims, so as to take corresponding responsibilities according to law.

Meanwhile, the board of directors agreed to donate 50 million yuan to the Xinyi Civil Affairs Bureau to help the people in the lower reaches of the silver rock tin mining area to rescue themselves and rebuild after the disaster.