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*President Abdelmadjid TebbouneAlgerian President Abdelmadjid Tebboune has inaugurated a 950-kilometer (590-mile) railway built in collaboration with China that’s key to exploiting vast iron-ore deposits in a bid to diversify the OPEC member’s economy.The step gives the green light for...
If ‘safe’ investments like gold and silver can crash in a single day, investors need to reconsider their portfolio hedges By Naeem Aslam For assets that many investors treat as protection, the speed and scale of the wipeout in gold and silver...
Operatives of the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested ten individuals suspected of involvement in illegal mining activities along the Ilorin - Ogbomosho axis.They were arrested on  Sunday, February 1, 2026, following...
The Zamfara State Police Command has announced the arrest of 21 individuals suspected of involvement in illegal mining activities during a targeted operation in Boko Village, Zurmi Local Government Area, and Kaya Village, Maradun Local Government Area.The raid, carried...
*Aliko Dangote, President/CE, Dangote Group (3rd left); Mr. Yang Dongsheng, Chairman of Xuzhou Construction Machinery Group (2nd right); Mr Hanson Liu, the Vice President of XCMG (right) Dr Hassan Mahmud, Group Chief Economist, Dangote Group (2nd left) and Mathur...
Senator Orji Kalu's Swiber Africa has signed a framework cooperation agreement with China’s GCL Group to develop new-generation energy system and lithium battery value chain, marking a significant step in China–Nigeria industrial collaboration. The agreement was signed in Dubai by...
The Nasarawa State Government has ordered a one-week shutdown of all mining activities in Kokona Local Government Area as part of efforts to defuse tensions between Timadics Mining Company and its host community. The Commissioner for Environment and Natural Resources,...
The price of gold has continued to rally on Wednesday, reaching above $5,300 per ounce to an all-time high. The rally has been attributed to strong safe-haven demand amid geopolitical uncertainty and a weakening US dollar.On Wednesday, spot gold...
*Photo: The ER-KANG Company Limited team during a visit to Governor AbdulRahman AbdulRazaq(middle)* The ER-KANG Company Limited $20m lithium  factory has been flagged off in Kwara State. Mr Sun Qing Rong, team lead of the company said this during a visit...
Troops of the Nigerian Army(NA) have apprehended 27 suspected illegal miners in the Federal Capital Territory (FCT). A source close to the NA disclosed on Tuesday that troops of 7 Guards Battalion under Operation MESA raided an illegal mining site...

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