Mining: Agency discloses discovery of high grade lithium
The Nigerian Geological Survey Agency, NGSA, Monday, disclosed discovery of high lithium grade in Nigeria, which also is one of the world's most important solid minerals. This was made known by ...
FEC approves new bill to replace Nigerian Mining Act
April 5, 2023. Reading Time: 1 min read. The Federal Executive Council (FEC) has approved a new bill to be sent to the National Assembly to replace the old law guiding mining activities in Nigeria ...
Mining sector
100 Days: Alake's midas touch spurs global interest in mining sector*. Nigeria. Technology to play crucial role in sanitizing mining sector, says Alake. Nigeria. Group implores FG to end ...
Nigeria: The Nigerian Mining Sector In 2023
Despite abundant solid mineral resources, which include gold, lead, zinc, coal, bitumen, iron ore, limestone and barite, the Nigeria mining industry only contributes 0.15 percent to the nation's GDP. The contribution, projected to hit 0.34 percent in 2025, is far from the three percent target set out in the country's mining roadmap 1.
Nigerian Mining – Progress, but still a long way to go
Globally, the mining industry is experiencing a boom as there is an increase in the need of critical minerals and new mining technologies, the Nigerian Mining is not left out in this …
Orosur sets up lithium exploration JV in Nigeria
News. Orosur sets up lithium exploration JV in Nigeria. Orosur can earn rights to acquire up to 70% of the four exploration licences by providing exploration …
FG suspends mining activities within OAU, environs
The Minister of Solid Minerals Development, Dr Dele Alake, announced the suspension shortly after meeting with the management of OAU, led by the Vice-Chancellor, Prof. Adebayo Bamire, on Tuesday in Abuja. The National Association of Nigerian Students (NANS) had called for investigations into reports of illegal mining activities at OAU.
Nigeria bets on new gold project to attract more miners
The project ramped up production in late 2021 and is located about 155 miles from the commercial hub of Lagos. Nigeria has sizable untapped deposits of metals including gold, zinc, lithium and ...
Mining, from The Report: Nigeria 2023
Mining. With greater government support and a growing role as a generator of export earnings, Nigeria's mining sector is poised to maximise its considerable potential in …
Nigeria to issue mining licences to companies with
Nigeria is set to grant new mining licences exclusively to companies that provide a plan for local mineral processing, Reuters reported. This marks a significant shift from the country's long-standing policy of exporting unprocessed raw materials. A government spokesperson said that the government aims to maximise the value derived …
An in-depth look at the current state of mining in Nigeria
An in-depth analysis on mining in Nigeria. By Guest Contributor. October 27, 2020. The economy in Nigeria has been growing slowly since the oil price slump of …
How Nigeria aims to boost mining's share of GDP
The Nigerian landscape holds over 30 types of solid minerals in an identified 450 locations. Deposits span gemstones, metallic ores, energy minerals and construction materials, such as granite. While the mining sector was a mainstay of the economy up until the late 1960s, the focus on oil from that point on has seen the mining's
Mining sector to experience major leap in 2024
By Gabriel Ewepu, Abuja. THE Minister of Solid Minerals Development, Dr Dele Alake, Monday, assured Nigerians and investors of a major leap of the solid minerals sector in 2024. Alake gave the ...
Nigeria's latest lithium find: some key questions answered
A truck carries lithium carbonate at a lithium mine in the Atacama Desert, Chile. Photographer: Cristobal Olivares/Bloomberg via Getty Images. For the moment the find in Nigeria simply points to ...
Minister woos investors with opportunities in mining sector …
By Tunde Oyedoyin, London. 01 October 2022 | 4:32 am. Olamilekan Adegbite is Nigeria's Minister of Solid Minerals and Steel Development. Investors …
Mining reforms to bring more power to state authorities in …
In 2019 the government made the decision to revise the Nigeria Minerals and Mining Act (NMMA), the law that has governed the sector since it came into force in 2007. …
Orosur sets up lithium exploration JV in Nigeria
Orosur entered the JV agreement through its new wholly owned UK subsidiary Lithium West. The project initially includes work on a project that comprises four exploration licences located across Nigeria's primary pegmatite belt, spanning around 322km². Other prospective areas are also currently being studied and more licences …
Mining, from The Report: Nigeria 2023
With greater government support and a growing role as a generator of export earnings, Nigeria's mining sector is poised to maximise its considerable potential in precious metals and gems. Total revenue from the sector is expected to rise by 25% to N3.6bn ($8.5m) in 2023, reflecting its resilience, as well as continued federal and state.
All you need to know about Nigeria's new …
In November, the Nigerian government unveiled plans to revise its crucial mining law, the Nigeria Minerals and Mining Act (NMMA). The outdated law, which hasn't been updated since 2007, is accused of …
Inside the explosive illegal mining business in Nigeria
Given the things you know about mining activities in Nigeria, would you say the Ibadan incident came to you as a surprise? ... Latest News. African economies to grow at 3.4% in 2024- World Bank ...
Nigeria Seeking New Opportunities for Mining Industry
After years of focus on oil and gas, Nigerian authorities are taking a new look at the mining industry as part of their drive to diversify the economy. But the country is still reeling from ...
Nigeria to issue mining licences to companies with local …
The mining sector's contribution to the nation's gross domestic product remains below 1%, attributed to inadequate incentives and neglect. To attract more investment into the mining industry, the government is issuing additional licences, according to the news agency.
Nigerian Mining Sector Watch
According to the Nigerian Geological Survey Agency, Nigeria's lithium is acclaimed to be of high grade given it's lithium oxide content which ranges from 1 percent up to 13 percent, whereas the global standard for Lithium exploration and mining starts from 0.4 percent lithium oxide content. Indeed, Lithium exploration and processing has a rich
Nigeria Mining News
Nigeria Mining News. January 15, 2024 ... "Thor", is a West African-focussed minerals exploration and mining Company, that currently operates the Segilola Gold Mine in Nigeria and is advancing the
Nigerian Mining – Progress, but still a long way to go
This publication shares insights on the progress of the Nigerian Mining industry and the growth to be made. Globally, the mining industry is experiencing a boom as there is an increase in the need of critical minerals and new mining technologies, the Nigerian Mining is not left out in this change, this document highlights the progress made and ...
West Africa Mining Industry Newswire
West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d'Ivoire, for the quarter ended March 31. Milling rates increased to 410 000 t of ore a month in the quarter under review, …. Source: Mining Weekly - Neutral. Published on Apr 6, 2024.
News – Mining Nigeria
Mining and Investment News in Nigeria. News . Nine killed in Indonesia mining accident. April 20, 2020 April 20, 2020 Admin 0 Comments. Nine people were killed by a landslide at an illegal gold mine in Sumatra, an Indonesian official said Sunday. The. Read more. Featured Posts. Blog .
History of Mining in Nigeria – Mining Nigeria
Mining is one of the oldest economic activities, and dates as far back as to when the early mankind first extracted clay and metals for the productions of cosmetics, working tools and utensils. In Nigeria, …
Funding, legal reforms, security, key for Nigeria's mining …
The Nigerian mining sector also witnessed growth in its contribution to the Nation's GDP," KPMG said. "The sector contributed 0.85 percent in 2022 and 0.63 percent in 2021, representing a 32 percent year on year growth over 2021. Interestingly, the Sector has witnessed sustained growth in the GDP over the last five years.".
Home | Ministry of Mines and Steel Development
Latest News. View. Minister of Mines Assures Local Barite Investors of Support: Date: 9/13/2019 View(s): 4033: ... the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 523 9064 Downloadables • Nigerian ...