The Nigeria Mining Week 2024 is set for November 4–6, 2024, in Abuja. It is anticipated to be a significant occasion for the nation’s mining industry. This event has become an important forum for industry stakeholders to explore potential and issues in the mining sector as Nigeria looks to diversify its economy. The Miners Association
Over time, it has been seen that mining operations have a detrimental impact on local farming communities, fisheries, and livestock grazing areas. The process of extracting economically valuable and practical minerals from earthly reserves is known as mining. The mining industry is underregulated, which allows for illicit mining operations despite the industry’s potential to yield
We’ll be showcasing African and Nigerian mining operations in this series that have overcome the challenges associated with mining in Nigeria. Nigerian mining has faced difficulties due to a complicated legal system and regulatory structure. The industry’s expansion has been impeded by investors due to inconsistent policies, ambiguous land tenure systems, and conflicting responsibilities between
Notable progress has been made in Nigeria’s efforts to revive its mining industry. Thor Explorations, a Canadian business, is working to develop a 535,000 oz resource and has the potential to be a major mining player in Nigeria. As exploration and new discoveries in the region ramp up, unlocking the potential of the projects will
Mining and quarrying opportunities in Nigeria present vast opportunities for investors and entrepreneurs. The demand for industrial minerals like granite, marble, and limestone continues to grow, driven by the expanding construction and manufacturing sectors. Granite quarrying is particularly lucrative, as granite is a sought-after material in construction. States like Ogun and Edo boast significant granite
It is not uncommon knowledge that Nigeria’s public service is plagued by bureaucracy, and run by outdated analog systems which frustrates fast development and the smooth running of agencies and parastatals. The Mining Industry is not safe from these issues. And digitising the industry is one sure way to boost production and efficiency. Prateek Suri’s
A press release from the Ministry of solid minerals development. In order to ensure smooth execution of the eight presidential priorities, the management personnel of the Ministry and Agencies has been cautioned by the Minister of Solid Minerals Development, Dr. Dele Alake, to instill the value of diligence in their work. Dr. Alake used the
The Senate ad hoc committee investigating corruption and inefficiency at Ajaokuta Steel Company and the National Iron Ore Mining Company (NIOMCO) uncovered illegal mining at NIOMCO’s facility in Itakpe, Kogi State. Senator Natasha Akpoti-Uduaghan of Kogi Central district raised concerns on Monday during an oversight visit, revealing that gold and other precious minerals were being
The Nigeria Union of Mines Workers (NUMW) has issued a stern warning to tipper drivers under its transport unit and heavy equipment operators, including caterpillar operators, to refrain from working at mining pits not approved by the Anambra State government. The union stressed that compliance with this directive is necessary to avoid legal consequences and
An opinion Piece published in This Day reviews the Mining Pact between Nigeria and France. The Article written by ABIODUN J. OLUWADARE reviews the content of the pact. Oluwadare states that the recent agreement between France and Nigeria to collaborate on mining exploration and business ventures presents both promise and peril. It offers Nigeria a