Measures for the Administration of Invitation to Bid, Auction, and Quotation Concerning Mineral Prospecting Right and Mining Right (for Trial Implementation).

These Measures, consisting of 46 articles are enacted in accordance with the Law on Mineral Resources, the Measures for the Administration of Registration of Regions for Prospecting Mineral Resources and the Measures for the Administration of Registration of Mining of Mineral Resources, aiming to improve the system of paid acquisition of the mineral prospecting right or mining right, regulate the invitations to bid, auction, and quotation concerning the mineral prospecting right or mining right, maintain the ownership of the state over the mineral resources, and protect the lawful rights and interests of the mineral prospecting right holders and the mining right holders.
The Ministry of Land and Resources shall be responsible for the supervision and administration of invitation to bid, auction, and quotation concerning mineral prospecting right or mining right nationwide. Articles 7-9 provide for the circumstances under which the administrative departments shall grant such rights by means of invitation to bid, auction, and quotation.