Economic geology is concerned with earth materials that can be used for economic and/or industrial purposes. These materials include precious and base metals, nonmetallic minerals, construction-grade stone, petroleum minerals, coal, and water. The term commonly refers to metallic mineral deposits and mineral resources. The techniques employed by other earth science disciplines (such as geochemistry, mineralogy, geophysics, and structural geology) might all be used to understand, describe, and exploit an ore deposit.

Economic geology is studied and practiced by geologists; however it is of prime interest to investment bankers, stock analysts and other professions such as engineers, environmental scientists and conservationists because of the far-reaching impact which extractive industries have upon society, the economy and the environment.