Foreign mineral exploration enterprises are set to benefit from a new scheme that will for the first time give them ready access to geological information about China, such as maps, pictures and other data.

Zhong Ziran, director general of China Geological Survey (CGS), said the scheme would include the results of comprehensive geological surveys up until the end of 2002, in 12 categories.

The move came in response to demands from domestic private enterprises and foreign companies, which were previously granted only limited access to such information if they were allowed to see it at all.

"From now on, foreign and domestic individuals, enterprises and institutions can all directly submit applications to the National Geological Archives either in person or through the Internet for the mineral resource information in which they are interested," Zhong told a conference on China's progress in conducting geological surveys and mineral resources exploration, held in Beijing.

Given specific latitude and longitude points, the archives office will supply documents, data, pictures, maps and other information permitted within State regulations.

The cost of the services will be limited to a modest administration fee.

"The release of the information is a great step forward for China to improve the transparency of its mining resources and enhance the business environment," Zhong said.

"The information provided will greatly help investors lower risks and avoid waste in costs."

John Leishman, geological consultant with CGA Mining Ltd of Australia, said it was a "good move".

"Such information is important during the early stages of a mineral resources investigation. This kind of information will give us enough information to start identifying potential sites," he said.

"The good move will make a difference on the global mineral industry, and eventually benefit everybody."

In addition to the announcement, the seminar, part of China Mining 2007, also presented an overall analysis of the nation's mineral resources potential and prospects.

Progress in mineral exploration is being made in the Eastern Tethys Copper Belt of the Himalayan Metallogenic Domain, where the copper mineral potential is similar to that in the famous Andes copper belt in South America.

Chen Renyi, deputy director of mineral resources assessment department of CGS, said the mineral potential could exceed 50 million tons in the long run.

(China Daily November 15, 2007)