The regulations of Henan province to define the compensation standard of small coal mine

The compensation multiple of mining right of remaining recoverable reserves is between 1.5-twice times, far below the market valuation "Caixin net" (reporter Zhang Buling 4th from Beijing) The Department of Land and Resources of Henan province recently for supporting coal reform also issued the "Support Coal enterprises merger and reorganization of resource allocation policy and mining right price approval and disposal policy" (hereinafter referred to as the policy of disposal),　　The compensation standard of small coal mine enterprise is defined.　　According to the policy of disposal, the provincial government of Henan will refund the mining right price of the remaining recoverable reserves and compensate them appropriately for small coal mines below 150,000 tonnes per year or for small mines not participating in the merger and reorganization. The standard of compensation is divided into two kinds. A small coal mine, which is classified as a separate reservation and a separate block in the upper whorl resource integration and has paid the mining right price at one time, is refunded and compensated according to the twice-fold standard of the mining right price of the surplus recoverable reserves.　　And for the integration of resources in the upper round of the small coal mine, in accordance with 1.5 times times the standard to be refunded and compensation. 2004, the Henan provincial government issued a document requiring the reorganization of mining scale coal mine single well production capacity must not be less than 150,000 tons/year, new coal mining scale should not be less than 300,000 tons/year.　　However, at that time, many of the merged small coal mines did not carry out substantial reorganization, but in an escrow, trusteeship of the way to continue to operate. "The 1.5 times-fold standard should refer to those small coal-mining enterprises that are managed and hosted."　　"Galaxy Securities analyst Zhaoko said. As to how to calculate the price of mining right, the policy of disposal indicates that "the remaining recoverable reserves are multiplied by recoverable reserves at the price of mining right."　　The unit price of recoverable reserves is based on the original evaluation unit price when the mining right is sold. "The original mining right unit price of about 1 yuan per ton-1.5 yuan, according to the current compensation standard, the government refund price of 2 yuan per ton-3 yuan." But now after several years of development, the price of coal resources has actually reached 6 per ton, 7 yuan, with the depletion of resources, the unit price should be higher. "The Rruzhou, a small coal miner with an annual capacity of 150,000 tonnes, says that, according to current compensation standards," is not appropriate.　　At the same time, the disposal policy has given great support to the annexation subject. The disposal policy states that the new allocation of resource price should be appropriately reduced. "The merger of the main enterprises in the new allocation of resource reserves within 20 times times, the transfer unit price in accordance with the 2009 provincial government approved 80% of the implementation of the price, more than 20 times times in accordance with the 2009 approved price implementation of the minimum service life of some resources, in accordance with the approved prices in 2010."　　"According to the disposal policy, 150,000 tons/year of mine service life is not less than 15, 300,000 tons/year of mine not less than 20, 450,000 tons/year of mine not less than 30." In addition, the disposal policy points out that the new allocation of resources for the merger and reorganization of small coal mines can be paid by instalments. In particular, the merger and reorganization of 50 small coal mines within 3 years of payment, of which 50% down payment, the merger and reorganization of 50 or more 100 below the down payment 30%, 3 years, the merger of more than 100, down payment 30%, 4 years to finish.