The new Mining Law repeals the 2002 Mining Law and any other pre-existing inconsistent legislation. Mining rights granted under the 2002 Mining Law remain in force. Holders of mining rights are entitled to transfer their mining titles to the new legal regime within one year from the date of the new Mining Law taking effect, but they are not obligated to do so. However, the holders of reconnaissance licenses (removed under the 2014 Mining Law), licenses for prospecting and research of mineral resources for construction, and mining certificates must apply, within 180 days of August 18, 2014, for transition of the rights acquired under the 2002 Mining Law to the 2014 Mining Law; it is reported that the State will provide compensation for this transition, but this remains to be clarified