The Board has the following main mission:

1° To implement national policies, laws and strategies related to mines, petroleum and gas;

2° To advise the Government on issues related to mines, petroleum and gas;

3° To monitor and coordinate the implementation of strategies related tomines, petroleum and gas;

4° To conduct research in geology, mining, petroleum and gas and disseminate research findings;

5° To carry out mineral, petroleum and gas resources exploration operations in the country;

6° To provide advice on the establishment of standards and regulations in Mining, Petroleum and Gas;

7° To supervise and monitor public or private entities conducting mining, trade and value addition of minerals operations;

8° To assist the Government in valuing mining and quarry concessions;

9° To cooperate and collaborate with other regional and international institutions

carrying out similar mission.