National Mineral Policy 2006 - Department of Mines

the policy environment must continue to be improved so that it is conducive forinvestment and technology flows.’(ii)Chapter 2: Regulation of Minerals• Add the following text as paragraph 2.3:‘In order to make the regulatory environment conducive to private investment theprocedures for grant of mineral concessions shall be seamless and security of tenureshall be guaranteed to the concessionaires.’(iii)Chapter 3: Objectives• Replace 3(c) by the following: ‘to promote use of state-of-the-art explorationtechniques and mining technology’.(iv)Chapter 4: Role of the State in Mineral Development• Insert the following sentence at the end of the existing text:‘In line with the current economic policy, in future the core functions of the State inmining will be facilitation of exploration and mining activities of investors andentrepreneurs, provision of infrastructure, and regulation and tax collection. Where itis deemed necessary for the State to continue in mining activities, there shall be arm’slength between State agencies that explore and mine and those that regulate. Thereshall be transparency in the allocation of ore bodies for mining.’(v)Chapter 5: Survey and Exploration• Replace the last sentence of paragraph 5.1 by the following:‘While these government agencies may continue to perform the tasks assigned tothem for exploration and survey, in future the private sector would be the main source22