Source: www.chinamining.org Citation: Xinhua Date: Sept.27, 2017
China's mining sector saw revenues increase 12.4-fold year-on-year in 2016, due to improved technology in prospecting and mining, said China's land resources minister Saturday.
China spent more than 77 billion yuan ($11.7 billion) in geographic prospecting in 2016 to verify new reserves of 36 varieties of mine resources, two new oil fields, two major natural gas fields and 764.3 billion cubic meters of shale gas reserves.