mineral resources

There are strict time requirements for the renewal of exploration rights, and applications must be made 30 days before expiration. If the application is not made within the time limit, the mining rights will be immediately invalidated.

1. Why may your exploration rights be gone?

According to statistics from the Ministry of Natural Resources, about 28% of applications for renewal of exploration rights were directly rejected due to overdue applications, and 15% were rejected due to insufficient exploration investment.

2. New laws and regulations: Time is the lifeline

According to Article 17 of the Mineral Resources Law (revised in 2024), the period of each approval for renewal registration of exploration rights shall not exceed 5 years, and the number of renewals shall in principle not exceed 3 times. Your prospecting rights can last for up to 20 years.

Key: The holder of the exploration right needs to apply for renewal of registration 30 days before the expiration of the exploration license.

3. Common reasons for renewal rejection

1. Seriously insufficient investment in exploration

2. The exploration implementation plan is not implemented in place

3. There is environmental damage or safety accidents

4. Unpaid mining rights transfer proceeds

4. Lawyer’s advice

1. Establish an expiration warning mechanism and initiate renewal preparations 6 months before expiration.

2. Standardize exploration behavior and ensure that exploration investment meets standards

3. Sort out the financial situation in advance and confirm that the transfer proceeds are paid in full

The renewal of exploration rights is not a trivial matter, and the time node is the life and death line.