THE INTRINSIC ROLES OF REGULATORY INSTRUMENTS IN MINING OPERATIONSDownload This Article
Prospecting and exploiting natural mineral resources for economic growth and development could be beneficial if done in sustainable ways and manners. However, if the operation is done in such a way that cause harm to the environment and people, this will amount to unsustainable mining activity and anti-sustainable development. Therefore, there is need to ensure that appropriate and adequate plans and programmes are put in place in order to mitigate, minimise and avoid negative environmental impacts. Against the backdrop of these concerns and the need to ensure that the environment is not degraded and destroyed, South Africa, as part of the countries that promotes sustainable prospecting and mining has put in place and currently implementing tools known as environmental management plan and programme to regulate and control all prospecting and mining activities. These tools contain a bundle of remedial actions in the forms of compensation, rehabilitation and restoration of any harm done to the environment during the course of mining activities. They also contain information on mitigation, ingredients for good practice approach on how to conduct sustainable prospecting and mining. This article looks at the intrinsic roles of these tools and accentuates the importance and operations of their use in the decision making processes.
Key Words: Environmental mining hazards, Mining activities, Regulation, Sustainability, Remedies
How to cite this paper: Odeku, K. O. (2015). The intrinsic roles of regulatory instruments in mining operations. Journal of Governance and Regulation, 4(2-1), 132-140. https://doi.org/10.22495/jgr_v4_i2_c1_p6