The Minister of the Federal Capital Territory (FCT), Nyesom Wike, visited Zeberced Limited Quarry, the largest quarry in West Africa, located in the Kubwa District of Abuja on Saturday, August 14, 2024. Wike explained that the visit was made at the invitation of Zeberced Group’s Managing Director, Ayden Adil Kurt, to observe the activities at
Governor Mutfwang Advocates for Increased Returns from Solid Mineral Exploration in Plateau
Governor Caleb Mutfwang of Plateau State has voiced concern over the long-standing solid mineral exploration in the state, which has yielded minimal returns. Despite billions generated from mining, only about N500 million is sometimes declared as annual revenue. He assured that his administration will take decisive steps to revitalise solid mineral exploration for improved revenue
Nasarawa State Signs Lithium Mining Deal with Ganfeng
The Nasarawa State Government has signed a 10-year agreement with Ganfeng Mining Company to exploit lithium in the state. The agreement will see Ganfeng invest $1.5 million in the state and establish a lithium mining and processing plant in Endo. The state government will also receive annual payments from Ganfeng. The agreement was reached in
Nigeria, China Signs $1 Billion Agreement for Iron Mine and Steel Plant
Nigeria, home to mineral reserves valued at an estimated $700 billion, is taking a bold step to revitalise its underperforming mining sector, which currently contributes less than 1% to the country’s GDP. Chart & Capstone Integrated Limited, a Nigerian company, has partnered with China’s Sinomach-He to establish an iron ore mine and steel mill in
What to Know About the Gemstones Found in Bauchi
The Lagos Gold and Gemstones Conference and Exhibition will be featuring four gems from Bauchi. These gemstones have been discovered in the regions of Bogoro, Alkaleri, Toro, Ganjuwa, and Shira in Bauchi State. These areas are known for their precious stones. Gemstones Found in Bauchi Beryl: A mineral prized for its diverse colour range, beryl
UNDERCOVER: No Mercy in Daba, Where Armed Gangs and Chinese Illegal Miners Flourish
Saying sorry is a sign of weakness… A truck entered the street leading to Ori Oke Igbala Oniwamimo, a Cherubim and Seraphim church in Igbeti, Olorunsogo Local Government area of Oyo State, on April 7. It was loaded with with batches of minerals and covered with tarpaulin. Off the street was another collection centre for
LCCI Calls for Comprehensive Mining Strategy
The President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa has called for an all-inclusive strategy in the mining-sector to attract investments in exploration, boost solid mineral development, and accelerate discovery of mineral for sustainable growth and national development. Idahosa made the call while speaking on the state of the economy, in
Nigeria highlights value addition for economic growth at 2024 AFNIS summit
Nigeria has emphasised the importance of value addition in the mining sector as a critical driver for rapid socio-economic development and industrialisation, aiming to unlock economic prosperity for both the country and the African continent.
Baryte Mining is a Game Changer for Nigeria
Patrick Odiegwu, Managing Director of Polygard Investment Nigeria Limited, Vice President of Mines at the Chamber of Commerce and Industry, and Secretary General of the Association of Miners and Processors of Baryte, highlighted the significance of Baryte in an interview. “Baryte is essential to our national economy. You can’t drill a drop of oil without
AFNIS Seeks to Harness Africa’s Mineral Resources for Sustainable Development
AFNIS Seeks to Harness Africa’s Mineral Resources for Sustainable Development Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has highlighted the forthcoming African Natural Resources & Energy Investment Summit (AFNIS) 2024 as crucial for leveraging Africa’s mineral resources to drive sustainable economic development. The summit will be held from July 16 to 18, 2024,