Nigeria, a country well-known for its reserves of gas and oil, has advanced significantly in the mining industry recently. Numerous mineral resources, such as coal, zinc, iron ore limestone, gold, and tin, are found in the nation and have drawn both domestic and foreign investment.The top ten mining projects in Nigeria that have been crucial to the nation's efforts …
One gold miner has been killed and approximately 30 remain trapped after a mine collapsed in central Nigeria following heavy rainfall. It is believed that this is an illegal mine site, as mining was...
Despite the promising prospects, the gold mining industry in Nigeria faces numerous challenges that hinder its growth and development. Illegal mining is a major issue, with a significant portion of gold production coming from unregulated and environmentally harmful operations. ... The latest news from the Nigerian solid minerals and mining ...
An Investigative report by Humangle reveals a very disturbing and unfortunate trend of Young men in North Western Nigeria moving to Niger to take jobs as artisanal miners. The tragic reality of migrating to Mali in quest of money for Artisanal Gold mining is illuminated by the tale of Bashir Suleiman.
YOLA, Nigeria (AP) — Rescuers searched Thursday for dozens of workers who were trapped when a gold mine collapsed in northcentral Nigeria, authorities and residents …
Mining News Presidency Debunks Claims of France Taking Over Nigeria's Mining Sector During President Bola Tinubu's recent state visit to France, both nations signed…
Ajayi took Mongabay on a tour, steering his motorcycle along a narrow, unpaved path around the outskirts of his farm. Just two years ago, this was a thriving plantation. Today, the land is scarred with deep pits filled with stagnant, brown water. The miners have diverted a nearby stream onto his land to use for proces…See more on news.mongabay
The Federal Government of Nigeria, on Sunday, officially lifted the ban on mining exploration in Zamfara State, five years after a region known for its vast mineral resources and …
Current state of mining in Nigeria. The mining industry in Nigeria has historically been dominated by the oil and gas sector, leaving other mineral resources largely untapped. Nevertheless, Nigeria is rich in mineral resources such as …
Speaking at the recent Nigerian Mining Week held in Abuja from November 18 to 20, 2024, I outlined […] Wednesday, 27th November 2024 ... Get the latest news delivered straight to your inbox ...
The Director-General (D-G) of the Nigeria Mining Cadastral Office (), Obadiah Nkom, announced that the office has generated N8.1 billion in revenue for the mining industry since January.Nkom disclosed this during the Senate Committee on Solid Minerals' oversight visit to the NMCO headquarters on Monday in Abuja, led by its Chairman, Sen. Sampson Ekong.He …
Nigeria's Presidential Artisanal Gold Mining Initiative (PAGMI) has made significant strides in formalising the country's gold mining sector. Launched four years ago by then-President Muhammadu Buhari, PAGMI has now …
With abundant gold reserves, supportive government policies, and a robust global demand for gold, Nigeria is poised to become a major player in the worldwide mining industry. The Allure of Nigeria's Gold. Several factors contribute to Nigeria's attractiveness as a gold mining destination: Vast Gold Reserves: Nigeria boasts mind-blowing gold ...
"Furthermore, I am proud to announce that this first commercial transaction has resulted in a substantial increase of over US$5 million in Nigeria's foreign reserves assets, the refinement of over 70 kilograms of gold to the London Bullion Market Good Delivery Standard, and the successful aggregation of locally mined gold, injecting around N6 billion into the rural …
The introduction of mechanized mining by the mining companies such as Amalgamated Tin Mining Company of Nigeria coupled with a non-extant law and regulations by the colonial government to guide and regulate mining activities paved the way for an increased operation with the attendant degradations of vast land expanses and other environmental ...
The North-West Progressives Ambassadors (NWPA) have called on President Bola Tinubu to reconsider the cancellation of Mr Yazid Danfulani's appointment as Executive …
Nigeria's push to revamp its mining sector is generating heightened interest from global investors as President Bola Tinubu's administration drives reforms to unlock an estimated $700 billion ...
Foreign entities illegally mining Nigeria's gold, other minerals, Tinubu tells UNGA Nigeria at 78th UNGA: Nigeria is planning to disband "extremist groups on our turf," President Tinubu tells ...
Current and comprehensive mining and industrial, market data and investing news in Nigeria.
The Iperindo old gold mine in the Ife-Ilesha Schist belt of south-western Nigeria is one of the clusters of gold deposit around Ilesha. The gold mineralization consists of a series of auriferous quartz-carbonate veins hosted …
Carved from forested hills by excavators and explosives, Nigeria's only industrial gold mine yielded 98,000 ounces of the precious metal last year — a key step in the efforts of Africa's...
Dr. Alake emphasised that Nigeria Mining Week 2024 would unite investors, policymakers, and industry leaders to explore Environmental, Social, and Governance (ESG) standards, financing models, and Nigeria's position in the global mineral value chain. ... The latest news from the Nigerian solid minerals and mining industry delivered to your ...
Mining Sector Surges with N1.14 Trillion Contribution Over Five Years, NEITI Reports
Much of northern Nigeria is rich in minerals, but corruption, illegal operations and poor working conditions are common in mining operations because the deposits are mostly in remote areas with a ...
The Company's flagship project is the gold producing Segilola Gold Project located in Osun State, Nigeria, approximately 120 kilometres ("km") northeast of Lagos. ... The Segilola Gold Mine has completed two full years of production, with full year gold 2022 production of 98,006 ounces of gold and 84,609 ounces of gold in 2023 calendar year. he ...
The listings in this category contain gold mining companies in Nigeria engaged in the exploration and extraction of gold. Gold is valued for jewellery, investment, and electronics. List your gold mining business to reach buyers and industries seeking reliable gold supplies across Nigeria.
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to provide an operational update ...
The debate on Nigeria's vast reserves of natural resources such as energy minerals like coal and lithium; metallic minerals like gold and lead-zinc; and industrial minerals like limestone and...
Rescuers searched Thursday for dozens of workers who were trapped when a gold mine collapsed in northcentral Nigeria, authorities and residents said. The pit collapsed on Monday in Niger state's...
A recent report by the Nigerian Observer indicates that Egbetua, a community in Akoko-Edo Local Government Area of Edo State, is grappling with the severe impact of illegal gold mining, which has persisted for over 25 years.
Although only producing 5 tonnes of gold a year, more artisanal mining is anticipated to lead to an increase in gold production. One notable example of Nigeria's growing mining potential is Segilola Resources Operating Limited (SROL), which runs Nigeria's first large-scale gold mine in Osun State. After overcoming legal and environmental ...
Understanding Gold Mining in Nigeria. Overview: Nigeria is rich in natural resources, including precious metals like gold. Gold mining can be highly profitable, provided it is done correctly and legally. Key Regions: Zamfara State: Known for its significant gold deposits. Kaduna, Kogi, and Niger States: Also have substantial gold reserves ...
