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,
FG Revises Mining Rates to Drive Sector Reforms
The Ministry of Solid Minerals Development has issued updated rates aimed at enhancing the mining sector’s operational efficiency and supporting ongoing reforms. At a press conference, Dr. Dele Alake, Minister of Solid Minerals Development, emphasised that these adjustments indicate the government’s commitment to boosting revenue from solid minerals. According to the government, the new rates
NCDMB Diversifies into Mining and Telecom Sectors
The Nigerian Content Development & Monitoring Board (NCDMB) is planning to expand its operations into the telecommunications and mining sectors. This decision was announced by Felix Omatsola Ogbe, the executive secretary of NCDMB, at the ongoing NOG Energy Week in Abuja. He highlighted several policy initiatives introduced by the Tinubu-led government aimed at boosting the
Glencore Looking to Invest Within Nigerian Mining Sector
The CEO of mining and trading giant Glencore stated during a visit to Nigeria’s minister of solid minerals on Thursday that the company will invest in the country’s mining sector if the government maintains a stable economic environment. According to a report by Reuters The visit takes place as Nigeria tries to attract international investment