MGMI has been promoting the cause of the mineral industry since its inception on 16 January, 1906. It has been on the forefront of professional societies in mining and geosciences around the world. MGMI has always provided a forum for sharing experiences and learning of the latest in the practices and technology. The Institute presently has around 2500 members serving the mineral industry and diversified its valued activities in various fields. The Institute is having its headquarters and one of its branches in Kolkata and 15 more branches throughout the country.

MGMI fulfils its objectives to encourage, assist and extend knowledge and information connected with Geology, Mining, Metallurgy etc. through organizing technical lectures, discussion etc., by holding Seminars, Conferences, Technical Meeting and Tours, Publication of regular Journals, Transactions, Newsletters and Scientific Research Works. 

The Institute’s Headquarters is in Kolkata and has 18 branches at Asansol, Bangalore, Bilashpur, Mumbai, Kolkata, Dhanbad, Goa, Jamshedpur, Kothagudem, Nagpur, Singrauli, New Dehi, Rajasthan, Ranchi, Orissa, Assam and Sukinda.