Due to its tectonic formation and settings, Tibet has 132 different types of mineral resources, like copper, gold, coal, crude oil, natural gas, chromite, arsenic, asbestos, aluminum, iron ore, boron, potassium, lead, zinc and lithium. Following China’s occupation of Tibet in the 1950s and the opening up to systematic exploitation of Tibet’s rich minerals, big mining companies have shown great interest in investing there. According to the Article 9 of the Constitution of the People’s Republic of China, Tibet’s resources are state assets available to be exploited to meet the needs of national development. Over the past sixty years, however, mineral exploitation has evolved from a marginal endeavor to a major phenomenon in China’s economic growth driven by industrialization and urbanization. As early as 1951, geological surveys were conducted and by 1991, a 3,600m long zone of copper-lead-zinc mineralization zone had been delineated. Between 1991 and 1999, number 6 Geological Brigade (Brigade 6) of the Tibet Geology and Mineral Resource Bureau conducted detailed exploration work. Based on this work, 4 mining licenses were issued to; a. Gyama Township (began operations in 2004) b. Lhasa Mining Company (began operations in 1995) c. Brigade 6 (began operations in 2003) and d. Tibet Huatailong Mining Development (began operations in 2005).