After the promulgation of "the State Council's Decision on Strengthening Geological Work" in June 5438+October 2006 10, the Ministry of Land and Resources and the Ministry of Finance worked closely together to set up a fund management organization and start the central geological exploration fund simultaneously. In June 2007, the Interim Measures for the Management of Central Geological Exploration Fund (Working Capital) was promulgated, which established the overall framework of the operation and management system of geological exploration fund and implemented the start-up capital of 2 billion yuan. In June of the same year, 5438+065438+ 10, the first batch of 126 pilot projects was launched, and the exploration investment was 570 million yuan. The implementation of the project is generally smooth, and a number of good prospecting discoveries have been made. In particular, the Ordos coalfield project in Inner Mongolia is expected to submit nearly 20 billion tons of coal resources, which will provide a strong guarantee for local economic and social development and the construction of national energy bases.

While the project organization and implementation are progressing steadily, a lot of research has been done to improve the operation mechanism of geological prospecting funds, and corresponding systems and methods have been put forward in the aspects of project bidding, supervision and right disposal. At the same time, six research topics were carried out, such as "Research on Project Planning (Implementation Plan) of Central Geological Exploration Fund", "Research on Strategic Reserve of Important Mineral Resources", "Research on Management of State-funded Exploration Mining Rights", "Research on Project Management of Central Geological Exploration Fund" and "Research on Policy of Central Geological Exploration Fund's Participation in Foreign Mineral Resources Exploration and Development", so as to further promote the system construction and gradually improve it.

At present, the personnel of fund management institutions are basically in place, the internal management system is basically established, the operation of institutions is generally stable, the responsibilities and tasks are further implemented, and all work is being carried out in an orderly manner.

Since the establishment of the Central Geological Exploration Fund in 2006, 26 provinces (autonomous regions and municipalities) have established provincial geological exploration funds. 20 1 1 year, the total investment of the national geological prospecting fund reached 8.5 billion yuan, accounting for 86.30% of the national financial investment in solid mineral exploration. The two-level geological prospecting fund has become the main part of the national financial funds invested in the risk exploration of mineral resources, and has become an important driving force for China to resolve the risk of mineral exploration, activate commercial mineral exploration and achieve a major breakthrough in prospecting.

In operation, the Central Geological Prospecting Fund focuses on investing in non-oil and gas energy minerals and important metal minerals urgently needed by the country, and gives due consideration to advantageous minerals such as rare earths for protective mining; The investment direction of provincial geological prospecting funds is mainly mineral resources exploration, and the corresponding basic and public welfare geological work is also invested. The minerals put into exploration are mainly important minerals and local advantages that are in short supply at the national and local levels. During the implementation, in order to make the two-level funds form a joint force in the breakthrough of prospecting, the Central Geological Exploration Fund Management Center put forward the idea of coordination and linkage of the two-level funds to the Ministry of Land and Resources and the Ministry of Finance on the basis of comprehensively summarizing the experience of docking the two-level funds previously explored, which was strongly supported by the two departments. 201110 The two departments jointly issued the Guiding Opinions on Establishing the Coordination and Linkage Mechanism between the Central Geological Prospecting Fund and the Provincial Geological Prospecting Fund, which established a mechanism in which the investment focuses of the two funds are different and the investment directions are connected with each other, further improving the prospecting effect, and the two geological prospecting funds have successively produced a number of significant prospecting results. Among them, the discovery of Daying uranium mine, the central geological prospecting fund, broke the situation that there is no world-class large-scale uranium mine in China; A major breakthrough has been made in the exploration of nickel ore in Pobei, Xinjiang, which has set a good example for encouraging social funds to invest in mineral exploration. In that year, 94 new deposits were discovered by the Provincial Geological Exploration Fund, including 35 large-scale deposits and 32 medium-sized deposits.