The Minister of Solid Minerals Development, Dele Alake, has emphasised the need for innovation and technology to drive economic growth in Nigeria’s mining sector. Speaking at the 60th Annual International Conference and Exhibition of the Nigeria Mining and Geosciences Society (NMGS) in Abuja, Alake highlighted the role of digital transformation and strategic partnerships in harnessing

The mining industry has failed to provide adequate remedies for the harm it causes, a critical issue discussed at the Investing in African Mining Indaba earlier this month. Speaking at the event, Jan Morrill, Mining Programme Co-Director at Earthworks, emphasised the urgent need for mining companies to take responsibility. “There’s a real need to address

The United States Institute for Peace (USIP) has identified foreign mining operations as a significant threat to Africa’s prosperity, citing security risks and regulatory violations. Speaking at the Early Career Scholars Conference in Abuja on Friday, Dr Chris Kwaja, USIP’s Country Director, warned that foreign companies are exploiting Africa’s critical minerals through artisanal miners, often

In an exclusive interview with Gerard Peter, Segun Lawson, CEO of Thor Explorations, detailed the company’s mining projections, achievements, and future expansion strategy. With Thor Explorations being a trailblazer in Nigeria’s mining sector, Lawson provided insights into the company’s steady growth and ongoing projects. “We started building in 2020 and commenced commercial production in 2022.

Barrick Gold has signed a new agreement with the Malian government to resolve a long-running dispute over its mining assets in Mali, including the Loulo-Gounkoto mine, Reuters reported, citing sources familiar with the matter. The deal is awaiting formal approval from the Malian government. Under the terms of the agreement, Barrick will pay 275 billion

Governor Caleb Mutfwang of Plateau State has ordered the suspension of all mining activities as part of efforts to tackle security challenges in the state. This directive is outlined in Executive Order 001 of 2025, which was made available to journalists on Saturday in Jos. The governor emphasised that the decision was prompted by increasing

ReElement Technologies, a subsidiary of American Resources, has announced a partnership with Johannesburg-based investment firm Novare to develop Africa’s first $100-million (C$70-million) critical and rare earth elements refinery. Under the agreement, ReElement will contribute its proprietary technology for producing high-purity lithium carbonate, rare earth oxides, and other critical minerals. It will also provide project management

US President Donald Trump stated that his administration plans to ensure the accuracy of the United States’ gold reserves stored at Fort Knox. While aboard Air Force One on Wednesday, Trump remarked, “We hope everything’s fine with Fort Knox, but we’re going to go to Fort Knox — the favorite Fort Knox — to make

Gold prices reached a fresh all-time high on Thursday, driven by continued fears of a global trade war sparked by US President Donald Trump’s tariff threats. Spot gold surged to $2,954.84 per ounce before settling slightly lower at $2,936.95, while US gold futures rose 0.6% to $2,955.50. The latest rally follows Trump’s announcement of new

Mining entrepreneur Frank Giustra and his Fiore Group are leading a $36 million investment into Botswana-focused Premium Resources. The funds will be raised through a non-brokered private placement of up to 120 million units at 30¢ per unit, and will help support the development of the Selebi and Selkirk mining properties in eastern Botswana. Along