Li Haizhong, Director of the Hainan Provincial Bureau of Geology, stated on the 6th that the Hainan geological department made substantive progress in marine geological exploration in 2017, and this year will formulate a marine geological survey plan and build the Hainan Provincial Key Laboratory of Marine Geology and Environment.
At a meeting of the Hainan Provincial Bureau of Geology, Li Haizhong stated that the bureau made substantive progress in marine geological exploration in 2017, completing key projects such as the “Hainan Province Oil and Gas Resources Basic Exploration Plan” and the “Hainan Province Oil and Gas Development Plan.”
In 2018, the Hainan Provincial Bureau of Geology will formulate a marine geological survey plan, carry out a number of important marine geological projects concerning marine mineral resources, deep-sea energy, and the marine geological environment, build the Hainan Provincial Key Laboratory of Marine Geology and Environment, and expand business in marine environmental survey and monitoring, coastal zone restoration, sea area use demonstration and evaluation, marine surveying and mapping, and marine engineering.
In terms of geological exploration “going global,” in 2017 enterprises under the Hainan Provincial Bureau of Geology conducted exploration of 12 gold mines, copper mines, and others in countries such as Tanzania, the Democratic Republic of the Congo, and Peru, completed maintenance of 29 mining rights with a completion rate of 100%; successfully obtained the mining right for the Makangila zircon-titanium placer in Malawi, with reserves in the tens of millions of tons, and is actively preparing for development; and successfully expanded business in Southeast Asian countries, completing a commercial gold mine exploration project in Cambodia.
The Hainan Provincial Bureau of Geology will focus on the national “Belt and Road” Initiative, carry out overseas mining rights exploration and mining rights capital operations, increase production capacity, reduce costs, expand sales, and prepare for mining in new mining areas. At the same time, it will strengthen management of overseas projects, strengthen safety management, and guard against various risks.