The principal objectives of this Act are to—
(a) encourage and facilitate prospecting and exploring for and mining of minerals;
(b) enhance knowledge of the mineral resources of the State;
(c) minimise land use conflict with respect to prospecting, exploring and mining;
(d) encourage environmental responsibility in prospecting, exploring and mining;
(e) ensure an appropriate financial return to the State from mining;
(f) provide an administrative framework to expedite and regulate prospecting and exploring for and mining of minerals;
(g) encourage responsible land care management in prospecting, exploring and mining.