Summary
The objectives of this Law are a. to implement the Mineral Resources Policy of the Government; b. to fulfil the domestic requirements and to increase export by producing more mineral products; c. to promote development of local and foreign investment in respect of mineral resources; d. to supervise, scrutinize and approve applications submitted by person or organization desirous of conducting mineral prospecting, exploration or production; e. to carry out for the development of, conservation, utilization and research works of mineral resources; f. to protect the environmental conservation works that may have detrimental effects due to mining operation.