The minister was addressing the fifth Geoscience Advisory Council Meeting here that discussed issues related to geophysical techniques for exploration of deep seated mineral deposits, rare earth metals and other strategic resources.
Goyal asked the scientific community working in the field of geosciences and mineral system research to add value to the mineral wealth of the country especially in the area of strategic and critically important metals and minerals, the mines ministry said in a release.
"At the same time there has to be a harmony between wealth creation and preservation of ecology and environment for sustainable development," the minister added.
Mines Secretary Arun Kumar, DG GSI M Raju and other ministries' official members, scientific institutions and non-official members of the GAC participated in the day-long deliberations, the ministry said.