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The National Minerals and Quarry Rehabilitation Bond policies are to be completed and presented to Cabinet for ratification in early September.
“These policies are intended to assist in ensuring greater order within the minerals industry,” said the State Minister in the Ministry of Agriculture and Lands, Victor Cummings, in his 2006/07 Sectoral Debate presentation in the House on July 26.
Mr. Cummings explained that these policies would accelerate the transformation of the minerals industry into a globally competitive entity as well as promote long term development within the industry. He also said the legislation would lead to “greater harmony with other forms of land use”.
The Minerals Policy outlines the initiatives and strategies, which will be employed in ensuring the continued development of the industry, its blend with other segments of the economy and the management of mineral resources.
According to the State Minister, the final ratification of the policy by the Cabinet would come after a series of public consultations which have been scheduled for Mandeville, Montego Bay and Kingston on August 9, 15 and 17, respectively.
Mr. Cummings pointed out that included in the Ministry’s thrust to improve the legislative framework, were further amendments to the Quarries and Mining Acts, and the establishment of a Minerals Development Advisory Council, “to execute the vastly expanded and more demanding role as a primary facilitator of the industrial mineral sector’s development and transformation”.