Nargis Nehan, Acting Minister of Mines and Petroleum, announced the finalization of a new mining law to improve the governance system of the extractive industries sector.
“According to the new mining law, small scale mining projects are awarding through issuing of RFA (Request for Application) and large-scale mining projects are awarding through a transparent process of bidding,” she said.
The future plans of MoMP (Ministry of Mines and Petroleum) are the completion of regulatory documents, launching the process of licensing and awarding the contract in 43 areas which include marble, travertine, cement, iron, gold, copper, talcum and precious stones, Nehan said.
Source: www.tolonews.com
