Three germanium-containing mines integrated in Yunnan germanium industry

Two days after the suspension, Yunnan germanium industry (002428) notice that the company in 19th, respectively, and Lin Xiang District chapter in the village of the Lincang, the city of Lin Xiang District Zhang Tuo Xiang 306 Chinese military coal Industry limited liability company, Lin Xiang Zone chapter Tuo Xiang Meng Wangchangjun coal mine signed a Mineral resources development integration Agreement.　　According to the agreement, Yunnan Germanium industry will take the acquisition, mergers, shares and other flexible ways to three germanium-containing mines to integrate. Trading object Lin Xiang Zone chapter in the village of the north side of the mining area has 0.35 square kilometers, the germanium resource reserves of 47.52 metal tons (including 38.23 metal tons, 8.49 metal tons, and 0.80 metal tons of marginal economic resources) in the north-west coal mine of the Shang-he-Tuo township are in the area of Lin Xiang. Lincang Area Three 0 Liu-Hua Military Coal Industry Co., Ltd. owned by the Lincang of the city Lin Xiang District Chapter Pack 306 Chinese Army coal mining area 0.82 square kilometers, the company is Lin Xiang District chapter Tuo Xiang three o six Chuan Zhong Coal and 306 Mandarin Coal integrated integration of enterprises,　　Yunnan Province, the Department of Land and Resources on August 27, 2010 has been designated the scope of the approval of the area, other relevant procedures are being processed; Lin Xiang area Zhang Tuo Xiang Meng Wangchangjun coal mine area 0.55 square kilometers.　　Company said that the integration of the main role is to increase the company's subsequent germanium resource reserves, but the integration of the object of the germanium resources owned by the company currently has a small proportion of germanium resources, integration of the company this year's operating performance has a small impact on the future years of business performance will not have a significant impact. Yunnan Germanium industry currently has two mining rights of germanium ore and plum mine, as of December 31, 2009, the proven reserves of germanium metals total 689.55 tons, equal to the national table reserves 3500 tons of 19.7%.