Minister within the Ministry of Natural Resources Simona Broomes told a Parliamentary Sectoral Committee on Natural Resources yesterday that the development of mining syndicates will directly influence the growth of the economy.
Broomes gave a presentation on the mining syndicate plan, which she said has enormous benefits. Alluding to the many issues that small miners face in the industry, she said government was aware of the problems and believes that the syndicates will help to alleviate them.
In addition to using the syndicates to get into mining, Broomes explained that small miners can still use the lottery system. “That was there last year and of course those will continue, but just to ensure we provide as much opportunities as possible we have to look at