Zimbabwe is grappling with a growing employment crisis, as sweeping job losses hit the retail and mining industries amid ongoing power shortages, erratic policy implementation, and a faltering global commodities market. The scale of the retrenchments has brought long-standing economic vulnerabilities to the fore and triggered mounting demands for urgent government intervention to stave off
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
The industry has been greatly impacted by the Nigerian Minerals and Mining Act of 2007, which is the cornerstone of the nation’s mining regulatory system. It has definitely encouraged investment and economic progress, but it hasn’t been without difficulties and controversy. The Act’s success in luring foreign direct investment is one of its noteworthy accomplishments.
Timadix Geomin Consult Nigeria, a mining company, has expressed deep disappointment over the disruption of its operations and the alleged harassment of its staff by agents of the Nasarawa State Government. The incident occurred at the company’s mining site in Amba Kure, located in the Kokona Local Government Area. The company’s management issued a statement
The Nigerian government needs to take a balanced stance in order to optimise the advantages of foreign investment while minimising its drawbacks. This entails putting in place and upholding stringent social and environmental laws to guarantee that international mining corporations behave ethically, Encouraging international investors to give local content a high priority in their operations—for
It is not uncommon knowledge that Nigeria’s public service is plagued by bureaucracy, and run by outdated analog systems which frustrates fast development and the smooth running of agencies and parastatals.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
Illegal mining in Nigeria has become a pervasive challenge, claiming lives and devastating local ecosystems. The recent tragedies in Plateau, Taraba, and Adamawa States highlight the severe consequences of this unregulated activity. These incidents, resulting in the deaths of young miners, underscore the urgent need for robust regulatory oversight and community intervention. The dangers of
Nigeria recently concluded a three-day conference marking the Nigerian Mining Week, aimed at attracting investments to diversify the economy and capitalise on the rising global demand for minerals. The event, attended by government officials, industry stakeholders, and international investors, underscored the country’s strategy to revitalise its mining sector and boost local mineral processing. Strengthening Local
Nigeria’s drive to revitalise its mining sector is drawing strong interest from global investors, under the President Tinubu administration advances reforms to tap into an estimated $700 billion in untapped mineral resources, according to diplomatic sources. Last week, Nigeria launched a four-day mining investment roadshow in South Africa, seeking to attract $500 million in foreign
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