As China Minmetals Corporation plans to conduct overall restructuring and establish a limited company, so it is necessary to appraise mining right of MMG Australia Limited in Rosebery Mine. Appraisal base date is December 31, 2009. Located in Rosebery District of Northeastern Tasmania in Laos, Rosebery Mine is a productive mine with a history of over 100 years and one profitable mine most successfully acquired overseas by China Minmetals Corporation, producing zinc concentrate, copper concentrate, lead concentrate and coarse gold ingot. With reference to standards on identifying reserve grade of various minerals home and overseas, valuers verified and detailed mine production reserve and production plan of various minerals and carefully checked training and reclamation costs in mine cost and tax for mining concession in Tasmania State. Besides, valuers gave on-site investigation and communication on mining, mineral processing and smelting and accurately appraised value of mining right of Rosebery Mine according to mine development prediction model. Up to date, the Mine has been the profitable mine most successfully acquired by China Minmetals Corporation overseas.