Ministry of Natural Resources: encourage social capital to invest in mineral resources exploration and mining to relax restrictions such as the transfer of mining rights

[Ministry of Natural Resources: encouraging social capital to invest in mineral resources exploration and mining to relax restrictions on the transfer of mining rights] May 15, the reporter learned from the Ministry of Natural Resources, the Ministry issued the "notice on further improving the Registration Management of Mineral Resources Exploration and Mining." the head of the Mining Rights Management Department of the Ministry of Natural Resources told reporters that in order to further enliven the secondary market of mining rights Social capital is encouraged to invest in the exploration and exploitation of mineral resources, and the notice removes the restrictions on the number of years for the transfer of exploration rights obtained through market competition such as bidding, auction and listing. The limitation period for the transfer of mining rights obtained by agreement shall be adjusted from 10 years to 5 years. At the same time, for minerals with special qualification requirements for the main body of exploration and mining, the transfer and change shall not be subject to a five-year restriction among applicants who meet the requirements.