The Asia Miner

JUL-SEP 2018

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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Page 40 of 55

the asia miner • volume 15 • issue 3 39 AROUND THE REGION The Royal Government of Bhutan was presented with a $300,000 grant from the World Bank-led Extracঞves Global Programmaঞc Support (EGPS) mulঞ-donor trust fund to support reforms in the mining sector and assist the Department of Geology and Mines in implemenঞng its 2017 Mineral Development Policy. The Supporng Minerals Management Policy Reform project will help revise the 2002 Mines and Minerals Management Regulaঞons; access internaঞonal best pracঞce on mines allocaঞon, strategic minerals and mineral pricing; support advocacy programs for the implementaঞon of the Mineral Development Policy; build technical capacity within the Mineral Development Division; and enhance informaঞon system and compliance monitoring. "The Mining sector is one of the five jewels of the economy. It is an important sector and currently it accounts for three percentage of GDP. This grant will provide support to the ongoing sector reforms and help in acceleraঞng development of the mining sector", said His Excellency Lyonpo Namgay Dorji, the Finance Minister. "This grant is very ঞmely as we are looking to bring major reforms in the mineral sector to curb many of the issues faced in the past," said Dasho Yeshi Wangdi, the Secretary of the Ministry of Economic Affairs. "Our aim is to have a stronger and vibrant mineral sector to manage the country's mineral resources for maximum benefit to the naঞon and the people." The EGPS grant is part of the World Bank's conঞnued support to the mining sector in Bhutan. Previously, the Bank provided technical assistance to develop the Mineral Development Policy and the dra[ Mines and Minerals Management Bill through several rounds of consultaঞons with various stakeholders and private mining firms. "The Bank's technical assistance will support iniঞaঞng reforms in the mineral sector that will benefit mulঞple stakeholders," said Yoichiro Ishihara, the Resident Representaঞve for Bhutan. "It will help improve the business environment and increase both private sector investments and mining operaঞons which will contribute to economic growth and create jobs." Bhutan receives World bank Support for reforms in the mining sector 不丹接受世界银行的援助支持矿 业领域的改革 世界银行的全球开采计划支持(EGPS)多捐 助方信托基金为不丹皇家政府提供了30万美 元的拨款,以支持矿业部门的改革,并协助 地质矿产部实施2017年的矿产开发政策。 矿产资源管理政策改革项目将有助于修订 2002矿山和矿产管理条例;接触矿山配置、 战略性矿物和矿物定价的国际最优方法;支 测。 "采矿业是经济的五大宝石之一。它是一个 重要领域,目前占GDP的三分之一。这笔拨款 将为正在进行的采矿业领域改革提供支持, 财政大臣Lyonpo Namgay Dorji称。 "这笔拨款非常及时,因为我们希望在矿业 领域进行重大改革,以遏制过去所面临的 许多问题,"不丹经济部部长Dasho Yeshi Wangdi称。 "我们的目标是有一个更强大和充满活力的 矿业部门来管理国家的矿产资源,为国家和 人民带来最大的利益。" EGPS拨款是世界银行对不丹采矿业继续支持 的一部分。此前,世界银行通过与多个利益 相关者和私人矿业公司进行多次磋商,为制 定矿产开发政策和起草矿业和矿业管理法案 提供了技术援助。 "该银行提供的技术援助将支持矿业部门的 改革,这将对多个利益相关者有利,"不丹 驻地代表Yoichiro Ishihara称。"这将有助 于改善商业环境,增加私营部门投资和采矿 运营,推进经济增长和创造就业机会。"

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