The mining group was created in the Markab Mining Treaty of 2361 allowing for joint mining operations between the colonies as well as Solas Tempus. The treaty fits a standard trade template and has yet to be violated other than minor rogue violations. All mining operations in the Markab system asteroid belt must be claimed and monitored through the consortium, even those made by outside powers.
The group has its main offices on Markab Prime and an office on Markab 2.
They have existing contacts with Solas Tempus, Trocara, Glacia, the United Federation of Planets, Rigel 7, and Saffron Consortium.
As of 2381, the Markabian Mining Confederation is a founding member of the Serenity Concord.