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    No gem mining license to Foreign company or foreigner

    September 28, 2014

    The Minister of Environment and Sustainable Energy Susil Premajayantha has emphasized that no foreign company or foreigner will be issued a license to mine gems. The Minister said that although foreigners could engage in the local gem trade, they cannot be involved in gem mining as a joint venture. A special committee has been appointed to look into the problems of those who are engaged in the gem industry. A system has been introduced to publish advertisements in the newspapers, before issuing licenses with the aim of streamlining gem mining.

     

    The Minister has instructed the National Gem and Jewelry Authourity to further strengthen rules and regulations to prevent such a scenario even in the future.

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