Nigerian Mining

Alake Brokers Peace Between Osun Government and Segilola Resources

The long-standing dispute between the Osun State Government and Segilola Resources Limited has been resolved following the intervention of the Minister of Solid Minerals Development, Dr Dele Alake. This brings an end to a six-month deadlock that had seen the mining company’s operations come to a standstill. Alake stressed the importance of a collaborative relationship

SROL Strengthens Stakeholder Relations Advances Nigeria’s Non-Oil Export Goals

Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd, has strengthened its position as a leader in Nigeria’s mining industry by hosting key stakeholders in the gold value chain. In November, the company conducted various initiatives to demonstrate its commitment to responsible mining and community development. Highlighting these efforts was a Stakeholder Reception

Nigeria’s Minister Oduwole Lauds Gold Industry Contributions to Non-Oil Exports

Jumoke Oduwole, Minister of Industry, Trade, and Investment, emphasised the importance of non-oil exports for Nigeria’s economy at a recent stakeholders’ reception hosted by Segilola Resources Operating Limited (SROL). SROL, Nigeria’s first gold exploration and production company, organised the event following its participation in the Nigeria Mining Week. Speaking at the reception, Oduwole praised SROL

Osun State Shuts Down Segilola Resources Over Alleged Tax Violations

The Osun State Government, on Monday, September 30, 2024, sealed the business premises of Segilola Resources Operating Limited after obtaining a court order. The order was issued in response to allegations of tax violations and the company’s failure to fully disclose employees involved in its operations, both directly and indirectly. Additionally, Segilola Resources was accused