Communities to get one per cent of mine revenues

Mining secretary Dan Kazungu. FILE PHOTO | NMG
Mining secretary Dan Kazungu. FILE PHOTO | NMG 

Mining firms will spend at least one per cent of sales revenues every year to uplift communities affected by their operations as the State deepens efforts to open up the sector’s activities to the public.

Under the newly published Mining (Community Development Agreement) Regulations, 2017, the mineral cash will get to community members through scholarships, educational facilities, health centres, roads, water or energy projects.

Miners could also opt to support SMEs, assist with agricultural product marketing, finance environment protection projects or support cultural heritage and sports.

The choice of a project will be determined by…

Source – Business Daily