exploration right
2.Article 9： An evaluation must be carried out in the transfer of mineral exploration right and mining right formed by state-contributed exploration and survey.
3.The exploration licensees, after fulfilling the specified minimum input to exploration and obtaining approval in accordance with law, may transfer the exploration right to another.
4.Article 5 The State practises a system wherein the exploration right and mining right shall be obtained with compensation;
5.Article 6 Exploration right and mining right shall not be transferred except for the transfers made according to the following provisions:
6.however, the State may, in light of specific conditions, prescribe reduction of or exemption from the compensation for acquiring the exploration right and mining right.
7.If a person, in violation of the provisions of Article 6 of this Law, profiteers in exploration right or mining right, his exploration or mining license shall be revoked and his unlawful proceeds confiscated, and he shall be fined.
8.Article 13： The duration of validity of the exploration and survey permit or the mining permit upon the transfer of the mineral exploration right or mining right shall be the remaining time period of the duration of validity of the original mineral exploration permit or mining permit minus the year(s) during which exploration or mining has already been conducted.
9.(1) The exploration licensees shall have the right to carry out specified explorations within the designated exploration areas and have the priority to obtain the right to mine the mineral resources in the exploration areas.
10.The licensee of exploration or mining may revalue his given right of exploration or mining as an investment to enter jointly exploring and mining mineral resources with foreign business.
