[Mining rights] The transaction price exceeds 270 million yuan!Successful transfer of 4 prospecting rights in Yunnan Province

Recently, the listing and transfer of four prospecting rights in Yunnan Province organized by the Yunnan Provincial Department of Natural Resources was successfully completed, with a total transaction price of more than 270 million yuan, injecting strong momentum into the field of mineral resources for the province's good economic start in the first quarter of 2025. The four prospecting rights transferred this time are the survey of Douni Phosphate Mine in Huaning County, Yuxi City, the survey of Liufangtai Copper Mine in Yuanjiang County, Yuxi City, the coalbed methane exploration in Wanmachang, Ninglang County, Lijiang City, and the prospecting rights of Sunba Bauxite mine in Daguan County, Zhaotong City. Once the transfer information was released, it quickly attracted the attention of many enterprises inside and outside the province to participate. After multiple rounds of online bidding, the listing bidding process was finally successfully completed. In order to ensure that the transfer work is fair, just and open, the Provincial Department of Natural Resources strictly follows relevant laws and regulations, and in conjunction with the provincial Public resource Trading Center, solidly performs all aspects of the whole process such as the announcement of the transfer, the registration of prospective bidders, the online listing quotation, and the limited-time bidding in accordance with standardized procedures, creating a good market environment for bidding companies.The successful transfer of prospecting rights this time will not only help to further tap the potential of colorful Yunnan's mineral resources, promote rational development and efficient utilization go hand in hand, but also provide mining enterprises with a timely opportunity to invest and prosper in Yunnan, build a broad stage to broaden the space for development, and promote the coordinated development of related industries upstream and downstream of the region, and promote the employment of local personnel nearby. It will also play an active role in promoting. In recent years, the Provincial Department of Natural Resources has anchored the “3815” strategic development goals, focusing on the development and growth of the resource economy, focusing on national strategy, industrial development and market demand, and optimizing the mining business environment and activating the mining rights market in a two-pronged approach. “Qingquan”.On the one hand, relying on the “one picture” of the province's mineral resources, we will comprehensively promote the competitive transfer of mining rights and implement market-oriented transactions of mining rights, so that the decisive role of the market in resource allocation can be fully played.On the other hand, we should give better play to the role of the government, continuously improve the registration procedures for the transfer of mining rights and the joint review mechanism, and use a strong system to protect the legitimate rights and interests of mining rights holders, and promote the high-quality economic development of mineral resources in the province.