[Report: The global mining capital market is booming in 2025, with annual financing soaring 108.7% year-on-year] September 11, at the 2026 China International Mining Conference on September 11, the China Geological Survey China Mining Newspaper officially released the "Global Mining Development Report 2026". The report shows that in 2025, global investment in solid mineral exploration fell for the fourth consecutive year to US$12.401 billion, and the proportion of grassroots exploration shrank to 20.8%, indicating continued pressure on resource continuity. At the same time, the drilling market bucked the trend and rose, with the number of drilling projects and drilling holes increasing by 9.9% and 31.2% respectively year-on-year. The mining capital market is booming, with the annual financing amount soaring 108.7% year-on-year, the M&A transaction volume increasing 150.4%, and the pace of industry capital integration accelerating significantly. The divergence in price trends between old and new energy minerals has intensified, traditional fossil energy prices have come under pressure, and the prices of new energy minerals and precious metals have increased significantly.