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Gov’t ups ante against speculative mineral explorers

Going digital: Moagi PIC: PHATSIMO KAPENG
Going digital: Moagi PIC: PHATSIMO KAPENG

Government is digitising its database of mineral resources and mining rights, shifting to an online platform in a move that will clamp down on speculative licence holding in the industry.

At present, historical and updated information about the country’s mineral resources is stored physically, slowing down the processing of mineral rights applications as officers have to manually check records.

The manual system also provides a loophole for speculative concession holders, who are the bane of local mining authorities as they typically take up and hold onto licences without meaningful exploration while waiting to sell the rights forward.

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