The National Mineral Policy 2008

The National Mineral Policy 2008 provided for a change in the regime of mineral concessions to incentivize private sector investment in exploration and mining and for ensuring a level playing field and transparency in the grant of concessions; and also promotion of scientific mining within a sustainable development framework so as to protect the interest of local population in mining areas.

  • The next step was to bring the sectoral legislation in line with the Policy as well as with the governance requirements of the sector, and also address the problems currently bedeviling the sector.