Study on pricing standards of cost evaluation on mining property rights

Based on the analysis of the background of whether "Budget Standards for Land & Resources Survey(Geological Survey Section)"(the "budget standards") issued in 2007 in China as the pricing standard of calculating the cash values of geological exploration costs could still satisfy present mining right pricing evaluation,the paper mainly discussed the problems and limitations in the implementation process of the "budget standard",including three aspects:①analyze whether the quota of budget standard price level is reasonable;②comparise and analyze the fairness of the budget standard and other standard of geological industry as the price(fee) standard for calculating the present value of the exploration cost;③analyze the limitations of the budget standard from the applicability of the foundation and the scientific of quota.Finally the paper concluded that the budget standard as price(cost) standard can't meet the needs of the mining right evaluation price.Suggestions:①refine the relevant content of cost price of admission(fee) standards;②the quota should be moderately adjusted,while using the "budget standard";③to establish a dynamic adjustment mechanism of price(cost) standard.