The way to realize the mineral right mortgage:selection of consortium mortgage and fluctuating mortgage
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Abstract
The mineral right mortgage is one of important financing guarantees for the mineral enterprises.However,the mineral enterprises have got the difficulties because of the specialty of the mineral right and the relative limiting regulation on the mineral rights circulation.As the more and more serious requirement on the credit of the modern economic development,the traditional principle one object to one right has been broken by the current enterprise guarantee system,the consortium mortgage and fluctuating mortgage have been become the main principle among the enterprises in each country,the enterprises credit requirement of the fluctuating mortgage and the characteristics to allow the free circulation of the consortium property are not applicable for the current situation of our national society credit system although the both have taken the consortium property as the mortgage.Therefore,our national mineral right has taken the more reliable and effective consortium guarantee method.
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