Minister for Mines, Energy and Rural Electrification, Moses Garu, says existing laws and mechanisms must be adjusted to accommodate increasing investor interests in the country’s mining sector.
Minister Garu made the statement at the consultation on the National Mineral Policy, which his Ministry held with stakeholders today.
He told stakeholders, the Policy will act as the roadmap on how to regulate and manage the extraction of minerals in the country.
“This Minerals Policy is not a stand-alone document. It is a result of a detailed review of an existing decisions, laws and regulations that appeared in the management of the mining sector and plans to build capacity within the government to properly administer, to properly regulate, to properly manage mineral exploration and mining and at the same time ensures that the private sector mineral investments are technically, socially and environmentally sustainable in the country.”