Thor Explorations Ltd., a prominent player in West Africa’s mining sector, has announced its operational and financial results for Q4 2024 and the full year. The update highlights robust production figures, debt elimination, and a promising outlook for 2025 as the company continues to expand its projects across Nigeria, Senegal, and Côte d’Ivoire. 2024 Operational
Thor Exploration Flagship Project in Osun State
The Segilola Gold Project, which produces gold, is the company’s flagship project. It is situated in Osun State, Nigeria, about 120 kilometres northeast of Lagos. The Segilola Gold Mine has already produced for two full years: 98,006 ounces of gold were produced in the calendar year 2022, and 84,609 ounces in the year 2023. In
Osun State Pursues N3.2 Billion in Unpaid Taxes from Segilola Gold Project
The Osun State Government has stated its determination to recover N3.2 billion in unpaid taxes from the Federal Government, which has yet to remit the sum to the state’s coffers. This announcement was made on Thursday by the state government, which warned that it would take all necessary actions to retrieve the owed amount. The