Whether, in view of the fact that the Republic’s mineral enrichment is not booming despite its considerable mineral wealth, but deteriorating due to the lack of a stable, predictable, user-friendly and functional regulatory regime, his department has any plans in place to introduce a mining cadastre management system to provide transparency and entice greater exploration investment; if not, why not; if so, what are the relevant details?
Yes, the Department has commenced with the process of procuring a Mining Licensing System in collaboration with SITA with the intent to have the system operational within 1 year after procurement.