What is one way the Act ensures effective mine safety?

The Act ensures effective mine safety primarily by imposing safety and health obligations on operators and employees within the mining sector. This approach establishes a clear set of responsibilities and standards that must be adhered to in order to maintain a safe working environment. These obligations often include risk assessments, safety training, and the implementation of safety management systems, all designed to prevent accidents and protect workers from hazards associated with mining activities.

The other choices do not directly relate to mine safety. Regular financial audits, while important for financial accountability, do not contribute to the physical safety and health of workers. Approving environmental assessments focuses on environmental protection rather than worker safety. Offering employee bonuses may enhance workplace morale or productivity, but does not address the fundamental issues of mine safety or the requirements for maintaining a safe work environment. This demonstrates the critical nature of mandatory safety and health obligations in ensuring that mining operations prioritize the safety of their workforce.