Abstract
The article is devoted to the study of the characteristics of the mining industry as a type of economic activity. The role of mining in modern industrial relations as a source of mineral resources, including fuel and energy, is shown. Thanks to taxes and resource rents, this industry is the absolute leader in the share of income redistributed in favor of the state budget. The conditions under which mining is a driver of sustainable economic development are identified. The author singles out and characterizes such distinctive features of the mining industry as a high level of costs due to natural factors, capital intensity, scale, long-term concentration of production, active participation of the state, and high volatility of prices for mining products.
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