China's first case of mine mineral rights transfer completed*Market development of resource development

Sino-Guangzhou Nuclear Power Co., Ltd.'s Xinjiang company Sawai Qiqi* Mine was officially granted the "Mineral Resource Exploration License" issued by the Ministry of Land and Resources. China Guangdong Nuclear Power Group Co., Ltd. sources said that the successful transfer of the Sava Qiqi* ore prospecting right is the first case of the domestic mineral exploration right transfer. In addition, during the process of transferring the exploration right of the Savaqi Qi Mine, the CGNPC* completed the transfer approval, reserve review, exploration right assessment and price disposal of the mineral exploration rights.

According to industry sources, the successful transfer of the prospecting right has a positive significance in further promoting the market-oriented operation of domestic resource development and prospering the domestic resource exploration market.

The Savaqi Qi* deposit is located in the Kurgan intermountain at the junction of the Tarim Platform and the Tianshan orogenic belt.* The mineralization is dominated by sandstones, and the main strata are the Middle-Lower Jurassic Crassus group. The mineralization of the II-4 and II-5* mineralization layers in the Su Formation was strictly controlled by factors such as the lithology-facies, the development of interlayer oxidation zones, epigenetic oxidation leaching, and tectonic movement. Relevant studies believe that the ore area has superior geological conditions for mineralization and a good prospect for prospecting.

Marketization is an inevitable trend Insiders said that * mine is a national strategic mineral, confidentiality management regulations, the current mineral prospecting market is not yet fully open, mainly by the state to invest, is a strategic mineral exploration. However, in recent years, as the development scale of China's nuclear power plants has grown, the growth rate of domestic natural* has lagging significantly behind the pace of domestic nuclear power development, and the development of domestic* resources has become inevitable.

The Ministry of Land and Resources and the former National Commission for Science, Technology and Industry for National Defense issued a "Several Opinions on Strengthening the Geological Exploration of Mines" (hereinafter referred to as the "Opinions") in March 2008, clarifying the new development of the geological exploration work in China under the conditions of market economy. The train of thought, which includes supporting all types of geological exploration teams to actively carry out geological exploration work, allow social capital to invest in mine exploration and development, enjoy exploration and mining rights and interests, and allow the use of mining rights for compensation within the prescribed scope and circulation.

“The “Opinions” above clarified the market-oriented operation mode of the “investment and who benefits” of domestic* resource development and the principle of “orderly, controllable, limited, and open” mineral rights transfer, and provide the domestic mineral exploration right transfer. Policy support,” said industry insiders.

In addition, the Notice on Further Regulating the Issues Concerning the Exploration Right Management issued by the Ministry of Land and Resources in early 2010 clearly stipulates the secondary market for mineral rights (transfer market), especially the market for prospecting rights, including access to prospecting rights. The transfer of mineral exploration rights and the extension of prospecting rights for new approvals.

“The cultivation and development of mining rights (including exploration rights and mining rights) markets have an important role in promoting the exploration of mineral resources, diversifying development investment, safeguarding the economic interests of the country and the mining right holders, and giving play to the market's adjustment of resource allocation.” An industry analyst told the reporter, “As the mineral exploration has high risks, prospecting rights have high growth, and the transfer market for mineral exploration rights has been hot in the mining rights market in recent years.”

According to industry sources, *mine, as an important national strategic material, plays an important role in the national economy and the national economy. It must improve the market for mineral ore mining rights, actively play the role of the government, and strengthen the exploration, exploitation, and macro-control of mines. The important means to promote the sound and orderly and healthy development of China's mining mineral rights market.

Investment in Policy First Increased Zhang Jindai, Chief Engineer of the Geology and Minerals Department of the China Nuclear Power Group, said at the “Rediscussion of China’s Nuclear Energy Development” forum organized by the Chinese Academy of Engineering in June this year that China’s* resource reserves have greater potential, but the degree of investigation The overall low, need to increase investment. In addition, due to the overproduction of minerals such as oil and gas and coal in sedimentary basins, and mining rights are mostly occupied by oil and gas and coal, the exclusivity of mining rights has caused a considerable portion of the current mines to fail to be properly explored and developed. * The mining and mining rights are not effectively protected. There are resources "no right to search for minerals" and the proven resources "no right to exploit" are more serious.

The above-mentioned “Opinions” clearly stated that the central government, local governments, and enterprises should fully exert their enthusiasm, plan to open up the mineral exploration market, and gradually form a diversified input mechanism for the geological exploration of mines. Actively strive for the central government to increase the investment in the geological exploration of the * mine, strengthen the geological prospecting survey and potential assessment and other geological surveys, and focus on strengthening the geological survey of important mineralization zones.

As a country's strategic minerals, investment at the national level is crucial to the exploration and development of the mine.

The Central Exploration Survey conducted in 2006 was followed by a series of documents issued by the Ministry of Finance and the Ministry of Land and Resources of the People's Republic of China on the "Administrative Measures for the Central Geological Survey," and the "Interim Measures for the Administration of the Rights and Interests of the Central Geological Survey." Official operating phase.

The industry believes that for the exploration and development of mines, the role of the central geological survey is to increase the country's investment in exploration of mineral resources, gradually form a new pattern of multi-investment* exploration and development, and accelerate the transformation of the results of mine exploration. Relieve the increasingly prominent contradiction between supply and demand. Moreover, the Central Government survey also played a role in resolving exploration risks and regulating policies.

According to the information, the Ministry of Land and Resources and China General Nuclear Power Group signed the “Framework Agreement for Resource Exploration Cooperation” in June last year. Both sides have taken measures such as matching funds to carry out prospecting of mine risk and reached the corresponding degree of work. The program exits and proceeds to dispose of the results. China Guangdong Nuclear Power will take over the follow-up exploration and development to meet the requirements of nuclear power supply development.

In addition, he has no right to prospecting or not having the right to mine. Zhang Jindai suggested at the above-mentioned forum to improve relevant laws and regulations on mining rights as soon as possible, formulate relevant policies, establish a coordination mechanism for mining rights, and reasonably determine according to the principle of optimizing the use of resources* The exploration and development order of related mineral resources such as oil and gas, coal (coalbed methane) under the conditions of mines and symbiosis.

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