Gabon’s ambitious drive to boost mining’s share of national GDP to over 30% by the mid-2030s will come under the spotlight at African Mining Week (AMW) 2025, as industry stakeholders convene in Cape Town from 1–3 October. The country’s recently reformed Mining Code – a cornerstone of its strategy to attract international investment – will
Standard Ore, Nigerian Railway Corporation Partner on Iron Ore Transportation
Standard Ore Company Limited has revealed an agreement with the Nigerian Railway Corporation (NRC) to transport 1 million dry metric tonnes (DMTU) of iron ore annually by rail, marking a key step in enhancing its logistics and operations. According to the company, this partnership is expected to improve the efficiency of iron ore haulage in
Leveraging China’s Downturn for Nigeria’s Steel Advantage
The recent plunge in iron ore prices, driven by a weakening Chinese property sector, presents a unique opportunity for Nigeria to rejuvenate its steel industry and boost economic development. As iron ore prices hit their lowest levels in two years, falling below $100 per tonne, Nigeria must strategically leverage this situation for long-term growth. Nigeria
Harnessing Nigeria’s Iron Ore Reserves for Economic Growth
Despite their potential to drive economic growth, Nigeria’s iron ore reserves, estimated at 3 billion tonnes, remain largely untapped. The country’s iron ore deposits are found in Kogi, Enugu, and Niger states, with the majority located in Kogi. The iron ore conundrum in Nigeria is multifaceted. On one hand, the country has significant reserves, but