Approximately 90 licences have been granted for the exploration of semiprecious minerals in Jamaica, said the country’s Transport and Mining Minister Robert Montague.
The licences were granted over the past year and a half and are for the search for minerals including cobalt, copper, gold, silver and zinc, Montague said.
“Right now, almost every square inch of Jamaica is under a prospecting licence for some kind of mineral. The beauty of it, is that most of the companies that are prospecting… are Jamaican-owned. So if [for example] gold is found… in commercial quantities, the profits will stay here,” he said on Thursday.
“The beauty of it, is that most of the companies that are prospecting… are Jamaican-owned. So if [for example] gold is found… in commercial quantities, the profits will stay here.”– Transport and Mining Minister, Robert Montague
The search, and possible mining, will be done in a “sustainable and structured way” Montague said, adding that his Ministry has hosted several workshops and seminars, as part of a three-year €13.1-million programme, to encourage the mining of such minerals.
The workshops, facilitated by the African, Caribbean and Pacific-European are aimed at enhancing the profile and improve the management of development minerals.
The engagement is being implemented by the United Nations Development Programme (UNDP), which jointly finances it with the European Union.
-Jamaica Information Service