Abstract: In order to fully safeguard and realize the state ownership income from mineral resources, resolve the conflict and problems in the current system of acquiring the mineral resources with compensation, create a market environment with justice competition and fair distribution for mining enterprises and improve the mineral resource management level and efficiency, the paper, based on the analysis of the current compensation system for the use of mineral resource,  advances for the first time using the theory of acquiring the mineral resources with compensation to standardize and perfect the system of compensation for the use of mineral resource, and puts forward the concept of mineral product profit.It is considered that mineral resource ownership income, enterprise profit, various enterprise taxes and environment compensation cost are the four components of the profit of mineral products.As a result, the subjects entitled to the mineral product profit are clearly defined and differentiated, the state ownership income is specified and embodied, and the relationship between the ownership income and other incomes is made clear, thus clarifying and materializing the state ownership income of mineral resources.Preliminary study is also made on the contents and the determination method of the ownership income of mineral resources, proposing that the ownership income be decided according to the mineral resource rank.

Key words: Mineral resources, Ownership acquisition with compensation, Use with compensation, State ownership income, Mineral product profit, Prospecting income