Since 1990s, mining with the table of globalization, privatization, liberation, and marketization is using advanced technology and high profits management to enhance global competition and make a mining resource restructuring. After about one decade adjustment, the overall strength of mining industry has improved. The rapid development on mining industry fosters the collaboration and competition among companies.

Recently, the mining companies agree on improving their monopoly level in resource by merger and acquisition for huge strength, low cost, large profits, and large-scale management. With the globalization of mining, the number of merger and acquisition get reduced and their scale gets enlarged.

In the late of 1980s, the deepening of globalization and competition force many SOE companies transforming into privatization for higher competition and economic profits.

Huge transnational companies is improving their control on world resource

In 2002, South Africa, America, and Canada have 39.5% of the world investment budget, and 41.2%, 43.7%, 50.2% in 2003, 2004, 2005. Canada increases its mining and inspection in 95 countries and gains the highest growth company in 2005. Also, the emerging industry in South Korea, China, India, and Brazil improves their investment in mining.

Statistics shows that the main companies control other mining companies with 8500 globalized companies in 2005. In the top 50 mining companies, South Africa, America, Canada, and Australia count 22 of 85%.

Transfer mining into developing country

The merger of globalization, privatization, and mining companies make its structure changes a lot. Recently, developing country with rich mining resource gains much investment from western country.

In mining products, developing countries weigh much in mining production and increase about 20% than 1990s.

The pattern of global mining is formed with huge transnational mining company as the main parts to mining and selling ore mining products. That is to say, under the influence of globalization, the competition and risk get enlarged.

In this new era, the competition advantages of land and capital are reduced, but the activeness of human becomes more important, which is to say management and innovation in technology become more important. And the main trend of mining market is cooperation, competition, and development.