Smooth transfer of exploration right to mining right;

This paper,based on law of mineral resources and its related regulations,analyzes fully the connotation and extension of exploration right and mining right by means of process analysis and exhaustion method,discusses the existing problems and presents some suggestions.

The mining right is the right of own property for defining ownership of mineral resources,and the exploration right is the behavior right for enterprise' exploring mineral resources after administration license.

The paper analyses restriction factors, interrelation and interaction among geological exploration market, exploration rights market, mining rights market, and mineral product market in China.

This paper analyzes features of the market for mineral exploration rights and mining rights, including four aspects:material goods rights, market structure,bidden material goods and price.

Obtain exploration rights, explore related area, get positive results, sell exploration right and get profit--- this is one of the profit patterns of geological and prospecting enterprises.

Valuation of large area prospecting right with imbalanced prospecting degree;

Capitalization and securitilizaion of prospecting rights is the key point of reformation of Chinese prospecting industry's investment system.

The object of prospecting rights is diverse,hierarchical and compound,and it displays some kinds of prospecting behaviors in certain diggings or workaround,so it is a kind of incomplete property right—administratively authorized right.

Taking the examples from the countries of South America, Africa and Asia, the paper give us an introduction of main laws and regulations related to mineral prospecting right and mineral exploitation right and has summarized conversion relations between mineral prospecting right and mineral exploitation right.

The paper points out the problems ranging from: the acquisition for mining rights does not conform to regular ways;in the process of turnover of mining rights the market is hard to play its basic functions for distributing resources;the proportion of mineral prospecting rights owned by the state-owned geological exploration institutions is continually decreasing.

The paper introduces the value confirmation and valuation methods concerning mineral prospecting rights respectively.

In this paper, the author described some kinds of phenomenons that the legitimate right of the owner of exploration right were infringed in development of Guangxi mining industry, and discussed the question how to protect the legally right of the owner of exploration right.