Duties of holder of mining licence

(1) The holder of a mining licence– (a) shall, subject to sub-section (2) and section 52, carry on mining and development operations and commence production in accordance with his programme of training operations; (b) shall, subject to sub-section (2), employ and train citizens of Belize in accordance with the proposals in that connection appended to the (c) shall, subject to sub-section (2), expend in, or in relation to, the mining area an amount not less than the amount required by the licence or otherwise to be so expended; (d) shall carry on mining operations in accordance with the requirements of this Act; (e) shall demarcate, and keep demarcated, in the manner prescribed, the area of land subject to the licence; and (f) shall give notice to the Minister when he begins to work for profit. (2) The Minister may, on application made to him by the holder of a mining licence, limit, reduce, vary or suspend any obligation arising pursuant to sub-section (1)(a), (b) or (c) either conditionally or unconditionally, Provided that before limiting, reducing, varying or suspending any obligation under sub-section (1)(a), (b) or (c), the Minister shall obtain the prior approval of Cabinet. 46