After the foundation of the People＇s Republic, especially during the First World War, due to the European and A merican markets＇ high demand of mineral resource, Hunan＇s mining industry witnessed its golden times. However, the golden times were gone in the wake of the ending of the War. The mineral products were the staple exporting goods and thus the con tributing factor of Hunan＇s revenue in the early years of the People＇s Republic. But unfortunately, the mining industry failed to evolve into a long-thriving industry standing on their ow...
