摘要
矿产资源作为矿业公司持有使用权的核心资产,由于境内外矿业资本市场要求不同,因此境内外发布的矿产资源信息存在较大差异。洛阳钼业是香港交易所和上海证券交所双重上市的矿业公司,根据香港交易所要求,由胜任人按照JORC规则发布独立技术审查报告;根据上海证券交易所等要求,按照我国标准编制核实报告并通过评审备案后,将其作为A股招股说明书的所载内容公开发布。本文以洛阳钼业所属上市资产三道庄钼矿为例,以公开的矿产资源信息为切入点,对境内外首发上市的矿产资源信息发布路径、发布内容以及矿产资源储量对比分析,认为境内外证券交易所矿产资源信息发布要求、采纳的矿产资源储量分类标准和矿产资源储量估算认定体系等要素是导致信息发布存在差异的主要原因,总结了矿业资本市场信息发布差异带来的三点启示,为完善我国矿业资本市场发展,促进矿业行业国际互联互通提供实证。
Mineral resources are the core assets of mining companies which hold the rights to use.Duing to the different requirements of domestic and foreign mining capital markets,there are large differences in the information on mineral resources which released at home and abroad.China Molybdenum Co.,Ltd.is a dual-listed mining company on Hong Kong Exchanges and Clearing Limited and Shanghai Stock Exchange.According to the requirements of Hong Kong Exchanges and Clearing Limited,an independent technical report issued and signed by competent person in accordance with international general rules must be disclosed.According to the requirements of Shanghai Stock Exchange,the verification report is prepared in accordance with Chinese standards and passed the government review and filing.This paper takes the listed asset Sandaozhuang molybdenum mine of China Molybdenum Co.,Ltd.as an example,and takes the public mineral resource information as clues to analyze the release path,content and mineral resources and mineral reserves of the first listed mining assets at home and abroad.The mineral resources information release requirements of the stock exchange,the adopted mineral resources and mineral reserves classification standards,and the mineral resources and mineral reserves estimation and identification system are the main reasons for the discrepancies in information release.This paper summarizes three points of enlightenment brought by the difference information release of the mining capital market,and provides empirical evidence for improving the development of China mining capital market and promotes the international interconnection of the mining industry.
作者
王珏
李玉喜
何亚清
WANG Jue;LI Yuxi;HE Yaqing(School of Earth Sciences and Resources,China University of Geosciences(Beijing),Beijing 100083,China;The Mineral Resources and Reserves Evaluation Center of Ministry of Nature Resources,Beijing 100035,China;China Molybdenum Co.,Ltd.,Luoyang 471500,China)
出处
《中国矿业》
2021年第2期50-56,共7页
China Mining Magazine
基金
国家矿产资源储量技术标准体系建设项目资助(编号:121503000000180002)。
关键词
矿业资本市场
信息披露
资源量
储量
胜任人
JORC规则
mining capital market
information disclosure
resources
reserves
competent person
JORC code
