relationship between sustainable development and innovation are closely connected. The complex concept of sustainability focused on the development of economy, environment protection, and social cohesion. Economic and environmental issues are connected, as developing countries sell natural resources to businesses, therefore the integration is complicated and requires an innovative development paradigm (Drexhage & Murphy, 2010). Mining industry is a very broad term, however this paper will discuss a general extraction and operations of natural resources of mining industry. The extraction of natural resources presents opportunities to human life and are fundamental to the economy. However, challenges and risks to sustainable development are very critical as resources are definite and non-renewable