The MPC is mandated to assist in the development of the mineral resources of the country by undertaking:
Prospecting, exploration and development work
Obtaining, analyzing and making available information concerning mineral properties and markets for minerals.
Carrying out research into new or improved processes for the production, extraction or processing of minerals and mineral substances.
Promoting or participating in mining operations (exploitation) of deposits or occurrences of minerals, mineral oils or natural gases and processing of the products of such operations.
To acquire and deal with grants, licenses, concessions, leases, options and rights of all kinds in respect of land supposed to contain minerals, mineral oils or natural gases.
To carry out any or all of the businesses of prospecting for mining, treating, refining, processing, or dealing in base minerals, precious metals, precious stones, and mineral substances of all kinds.