Mining
Mining Regulatory Authority awaits Board appointment
July 22, 2024 / Marcel Chimwala
By Wahard Betha
The Ministry of Mining says the long-awaited Mining and Minerals Regulatory Authority has now started functioning but what has remained is the appointment of the Board of Directors to make it fully operational.
Minister of Mining Monica Chang’anamuno told Mining & Trade Review in an interview that by the end of this month, the Ministry will finalize listing names of Board Members and submit to the Office of President and Cabinet (OPC) for approval.
The Authority has started operating under the new Mines and Minerals Act of 2023 which has been operationalized as published in the Government Gazette on June 28, 2024.
Chang’anamuno said: “Therefore, what we are waiting for is the appointment of the Board and then the Board is going to recruit the Director General.”
“Let me also say that now all the issues to do with regulations are going to be expedited.”
The Authority will be responsible for: receiving and processing license applications for mining companies; granting, revoking and amending licenses under the Act; approving taxes and; monitoring, inspecting and enforcing compliance by licensees with licensing conditions granted under the new act.
Apart from the Authority, the Minister also disclosed that the Ministry is finalizing establishment of the state-owned mining company.
Chang’anamuno said what has remained for the company to start working is the recruitment of the members of staff.
She explained that all these initiatives are being implemented to ensure that the mining environment is conducive to both local and foreign investors.
Chang’anamuno said: “On the mining company, we are working hand in hand with OPC as well as Department of Human Resources Management and Development (DHRMD) so that we should have the staff.”
“All the paper work and everything else has been done, and we are glad that the budget for this year has given us resources for the operationalization of the mining company.”
The state-owned mining company will play a major role in exploiting the country’s natural resources and managing the extractive sector.
The Company will also have the opportunity to generate revenue for the state, enable government to exercise greater control over the sector, help improve local technologies and skills and manage exposure of energy transition risks.
Besides pursuing its own investments in strategic minerals, the state-owned mining company is expected to partner private mining companies in various mining projects.
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Rehabilitation:
The establishment of a stable and self-sustaining ecosystem, but not necessarily the one that existed before mining began. In many cases, complete restoration may be impossible, but successful remediation, reclamation, and rehabilitation can result in the timely establishment of a functional ecosystem.
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Remediation:
The cleanup of the contaminated area to safe levels by removing or isolating contaminants. At mine sites, remediation often consists of isolating contaminated material in pre-existing tailings storage facilities, capping tailings and waste rock stockpiles with clean topsoil, and collecting and treating any contaminated mine water if necessary.
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