Sri Lanka: In a significant boost to proposed foreign investment in exploiting Sri Lanka’s sub-surface mineral wealth, the government is contemplating conducting a fresh aerial geophysical survey after a span of more than 50 years.
“We are awaiting the green light from the Treasury to go ahead with this vital task, the cost of which runs into millions of dollars”, says Susil Premajayantha, Minister of Environment and Renewable Energy.
Susil Premajayantha, Minister of Environment and Renewable said, “We need to raise US$ 15 million for this survey to detect sub-surface mineral wealth”. At present, the Geological Survey and Mines Bureau (GSMB) is employing other techniques to assess the country’s mineral resources, he explained.
Source: The Island