Mining rights mortgage system and its contemporary value in the Republic of China

Mining rights mortgage financing has become an inevitable product of the development of mining market.In order to optimize the order of mining rights mortgage, and meet the financing needs of mining owners, affirmed the property rights of mining rights owners, the Republic of China government formulated the mortgage system of mining rights.The system is clearly defined in the mining regulations and the mining law.The system includes that the way of guarantee is to guarantee the interests of the mortgaged, the effective conditions must be approved by the competent department, and the way to achieve the right is the existence of mining rights which still are canceled or abandoned.It is expected to provide a reference for the improvement of the current mining rights mortgage system:improving the legal order of mining right mortgage system and the efficiency and flexibility of mining right mortgage, extending the duration of the mining rights, implement the collateralized property mortgage system, guarantee the mortgagor’s creditor’s rights and so on.