Information Center of Ministry of Land and Resources

Ever since the 21th century, global demand of mineral resources and mineral exploration activities have entered into a rapid growing era, or a rehabilitation period, mining industry is moving towards another prosperity, of which China and other emerging countries have become significant impetus. Investment on mining sector is intensive, while the profitability keeps on increasing, as such, mining has become a new hot-spot for capital investment. At the same time, aggressive resource exploration has turned into various new discoveries which further ensure sustainability of major mineral resources. More and more high-tech innovations and applications have accelerated the modernization of prospecting technology, led the prospecting target to deeper area, which has promoted the performance and efficiency of prospecting. Merges between mining companies are getting more and more common which indicates a high concentration of the industry. Prices of mineral products keep on climbing up, hit the historic record continuously.