Waste water tank Zijin Mining Leakage incident The truth is not out of the water.

Zijin Mining (601899,SH;02899,HK) copper mine wet-process plant wastewater leakage incident is not a piece of paper to say.　　Although the company clarified the incident on the evening of July 12, some investors told the Daily economic news reporter that there were still too many doubts about the pollution incident in the Zijin mining industry. Zijin Mining Shenzhen Investors Zhang Junjie (a pseudonym) that the company has at least 4 doubts need to explain to investors clearly: first, the company and local government departments after the pollution incident 9 days before the announcement? Second, the company discharges the waste water poisonous non-toxic? Third, how many fish died in this incident?　　Four, in addition to compensation, Zijin mining should also be subject to what administrative penalties? "As a listed company, information disclosure is at least accurate and timely, while the Zijin mining industry has failed to achieve these two points."　　"Beijing asked Tian law firm director partner Zhangyuanzhong said.　　Doubt one: Why is information disclosure lagging behind? Affected by the pollution incident, July 12 Zijin Mining A-shares, H-shares are both suspended, 13th after a share of the shares of shares have plummeted, the deal also abnormal amplification.　　As of the close, a-share fell 3.68%, closed at 5.76 Yuan, a deal of 538 million yuan, H shares tumbled 12.19%, closed at HK $4.90, a deal of HK $1.082 billion. "This kind of thing (leakage) obviously affects the stock price, but why did it not notice until yesterday?" "Zijin Mining shenzhen investor Zhang Junjie angrily questioned," the company information disclosure is clearly violated.　　"After consulting the Shanghai Stock Exchange listed company's environmental Information Disclosure guidelines," the reporter found, if a listed company takes place a major event related to environmental protection and may have a greater impact on its stock and derivative prices, it shall disclose the event and the possible impact on the operation of the company within two days from the date of the incident. Obviously, according to the July 12 evening Zijin Mining announcement, July 3 15:50, purple Mountain copper hydrometallurgy sewage pond water level abnormal decline, the pool of acidic copper-containing sewage (mainly copper, sulfate root, no toxic substances) leakage, part through the underground drainage culvert into the Tingjiang. As of the morning of July 12, the company's a-share, H-shares were suspended, Zijin mining still did not mention whether the plant waste water leakage incident, said only involved "sensitive information suspension." In this respect, Zijin mining propaganda minister Ming Yongming to the daily economic news reporter explained: "Information disclosure lag is to prevent local people panic and properly deal with pollution clean-up work."　　Local government authorities have not responded to the issue of information disclosure.　　In fact, our correspondent to the site of the incident in Fujian Shanghang County and Yongding County Tingjiang Coastal investigation found that the local residents before the pollution incident has been very panic, and the local government and the company is not open to the truth is puzzled. Prior to the media disclosed that the Zijin mining and some local government officials have a complex relationship, it is also easy to make its environmental risk problems to cover up. And the reporter in the Zijin mining 2009 earnings report also found that the current Zijin mining two senior executives have beenCivil servants, respectively, Zijin Mining supervisory board chairman Lin Shuqing and corporate supervisor Lin Xin Xi, both in November 2009 resigned from the local civil service to join the Zijin mining.　　Doubt two: discharge waste water in the end toxic non-toxic? "In addition to information disclosure lag, the accuracy of information is also problematic."　　Zhang Junjie to reporters that the Zijin Mining bulletin content and local government departments published information is different. According to the announcement of the Zijin mining industry, the company's Zijinshan copper mine wet-process plant sewage pond acidic copper-containing sewage leakage, some into the Tingjiang. However, in Fujian Shanghang County Government held a press conference, but revealed: the preliminary judgement is due to the waste water pool impervious membrane cushion abnormal, resulting in local damage to the anti-seepage film, sewage leakage into the sewage pool under the drainage culvert, into the Tingjiang.　　After detection, the leakage of wastewater is mainly copper-containing acidic wastewater, no toxic substances. A closer look at two statements, the company said Non-toxic, the local government said no poison, the two statements clearly have a certain difference.　　In response to this Ming Yongming said the actual situation is leaking waste water human body to drink non-toxic, but fish drinking toxic. "Non-toxic to the human body is non-toxic or fish non-toxic, Zijin mining violated the accuracy of information disclosure."　　Zhangyuanzhong to reporters. However, the Ming Yongming "human body drinking non-toxic" argument also can not let the local residents rest assured.　　July 13, reporters in the local survey found that the local residents almost no longer drink tap water, but to the market to buy water to drink.　　Doubt three: How many fish have you poisoned?　　In addition to the above two questions, Zhang Junjie that the Zijin mining industry is deliberately concealing investor-related information-how much economic damage does this incident bring to the company? Reporter in Fujian Province Environmental Protection Bureau official website, Fujian province Shanghang County government website as well as Zijin mining announcement, all did not find any specific economic loss data.　　In official documents, it is mentioned that the sudden leakage incident has no effect on the water consumption of Shanghang County and downstream, but there are some general words such as "a certain amount of death, causing a certain economic loss" in the downstream cage fish.　　Reporter July 13, respectively, the Ministry of Environmental Protection Department of Fujian province, the relevant officials told reporters the specific number of the marine sector is statistics. And the Xinhua news agency obtained the preliminary statistics from the local authority department, only then the Cotton Beach storehouse area dead fish and the fish poisoning has reached about 3.78 million pounds. But the claim was denied by Zijin mining. "The data we get from the Shanghang County government is 580,000 pounds, perhaps from a civil investigation," Xinhua said.　　Ming Yongming to the reporter to disclose. According to CICC analysis, assuming that the price per catty fish for 6 yuan, if there are 3.78 million kg of fish affected, the total compensation costs will reach nearly 22.7 million yuan.　　In addition, CICC also pointed out that if the Purple Mountain Hydrometallurgy part of the affected capacity in the second half can not be produced, then 2010 copper total production will fall by about 6500 tons, resulting in a decrease in income of about 369 million yuan (assuming the average copper price of 2010 years in the second half of USD/ton). Yesterday, a source said, Zijin Mining chairman Chen Jing has taken out 100 million yuan to deal with the incident, butThe statement did not get a response from the company.　　Doubt four: Are there any other administrative penalties?　　Shanghang County The Government in the notification of accidental leakage incident, the government has at present 6 yuan/kg, 12 yuan/kg of the purchase of local residents of fish and fry, the cost of the government for the temporary advance, and ordered the Zijinshan copper mine immediately discontinued rectification.　　Zijin Mining Bulletin also shows that the company has been the sewage tank all the time, is fully committed to the leakage accident Emergency management and comprehensive rectification work. "In accordance with the relevant laws and regulations, if the company is due to environmental pollution caused by substandard contamination, should be subject to certain administrative penalties."　　"Zhangyuanzhong said. However, the reporter noted that Zijin mining in this incident announcement, the main cause of the incident was attributed to the "natural disaster", but did not mention environmental standards. According to the bulletin, the province, city experts preliminary verification, the leakage accident is mainly due to the former stage of continuous strong rainfall, resulting in the solution pool area of the water level rapidly rise, more than the bottom of the sewage pool elevation, resulting in uneven pressure, forming shear effect, resulting in the sewage pool floor mat cracks, resulting in sewage pool leakage.　　Relevant government departments for the cause and responsibility of the accident are being further investigated and identified. At the same time, the bulletin also did not mention whether the issue of administrative penalties. The Shanghang County government has not replied to this newspaper.　　Press access to public information found that Zijin mining has been caused by pollution incidents have been punished. It is puzzling, however, that although the Zijin mining announcement will be the main reason to the natural disaster, but Zijin mining Group President Lo Jingnan 13th in the media interview, but said, Zijin copper mine wet-process plant sewage leakage accident, exposed the Zijinshan copper mine in the construction management, production management and environmental safety management deficiencies and problems. Lo Jingnan admits that there are flaws in the design of the facilities and contingency plans for unexpected accidents.　　At the beginning of the incident, it was mistaken for partial leakage, and the severity of the problem was underestimated. Zhangyuanzhong also believes that, regardless of Zijin mining environmental standards, the company should at least have the warning mechanism to deal with "natural disasters".