Search

In his conclusion speech at the meeting for summing up 2014 plan and deploying 2015 tasks of Vietnam national Coal – Mineral Industries Holding Corporation (Vinacomin), Deputy Prime Minister Hoang Trung Hai requested Vinacomin to speed up technological innovation, study to accelerate mechanization pit coal mining, perfect and innovate management mechanism, strengthen the mobilization of social resources...

The Government Office has just announced the conclusions of Deputy Prime Minister Trinh Dinh Dung at the meeting on the production and business situation of Vietnam National Coal - Mineral Industries Group (Vinacomin). In announcement there is a notice that in recent time, Vinacomin tried the best to perform tasks in the investigation, evaluation, exploration, exploitation and processing of coal to meet the majority of coal demand in the country, especially coal supply for power generation to contribute to requirements on national energy security, life stabilization of the labors and revenue payment to state budget.

International mining groups and Vietnam’s mining leaders will work together at an exhibition and conference Mining Vietnam 2016 to develop Vietnam’s mining industry.

Vietnam’s mining industry is facing more difficulties this year due to lower export prices, unfavorable mining conditions and higher costs, according to the Ministry of Industry and Trade.

The Government’ Prime Minister has approved the project on equitization of the parent company -  Viet Bac Mining Industry Corporation - Vinacomin (Vietnam National  Coal  and Mineral Industries Holding Corporation - Vinacomin) with a form of combination between selling a part of  state capital and issuing coupons for increasing charter capital of the enterprise.

Vinacomin in coordination with Business Administration College – Vinacomin has recently held a workshop on “ 3D laser scanning technology application in coal mining”  in Ha Long city, Quang Ninh province.

Mining Vietnam 2014 Exhibition take place in Hanoi from 11th-13th, 2014 in the form of exhibition and conference. At this event, Siemens presents state-of-the-art technologies for mining industry.

As many as fourteen leading Australian mining equipment and technology services (METS) companies are visiting Vietnam from 9-13 March to attend the 2nd Mining Vietnam Exhibition and Conference in Hanoi and explore business and collaboration opportunities.

The remaining coal resources of Vietnam are forecasted to be quite large, but not large explorative reserves, especially since the mining conditions are increasingly difficult, increasing the costs, which makes it difficult to compete with imported coal sources. As there is no State clear mechanism and policy for coal import, that leads to difficulties for enterprises to deploy coal import, as well as invest in coal mining abroad.

Vietnamese Government has issued new Decree on Environmental Protective Fees (EPFs) in mining minerals, according to which the EPF for: crude oil is 100,000 dong/ton, natural and coal gases -  50 dong/m3, associated gas – 35 dong/m3.

On November 19th, Mao Khe Coal Company held a Groundbreaking Ceremony of pair of vertical sharps - Underground mining project below minus 150, Mao Khe mine.

Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin) and BECKER - WARKOP SP.ZO.O (Poland) have signed a Memorandum of Understanding (MoU) to strengthen applying science and technology to the synchronous implementation in mechanizing pit coal mining.

Recently, the contract on developing Khe Cham II – IV coal pit mining project – a main point project of Vinancomin was signed between Ha Long Coal Company and China Coal Construction No.3 Co.Ltd.

The Leadership of Vietnam National Coal - Mineral Industries Holding Corporation (Vinacomin) has directed to maintain coal inventory level at 10 % of the total mining generation in order to supply coal amount for domestic power thermal plants with a certain reserve margin to contribute in guaranteeing the national energy security.