Ghana: IMF Report Discloses US$214 Million Losses from Gold for Reserves Programme
Operational costs from Ghana Gold Board (GoldBod) alongside trading shortfalls have driven losses under the Bank of Ghana’s (BoG) Gold for Reserves (G4R) programme to US$214 million within the first nine months of 2025, according to the International Monetary Fund’s (IMF) Fifth Review report. The disclosure is contained in the IMF staff report on Ghana’s three year Extended Credit Facility...
Kano State EXCO approves appointment of Management and Board Members of Kano State Mining Company
*Photo:Governor Abba Kabir Yusuf of Kano State* The Kano State Executive Council has approved the appointment of Management and Board Members of the Kano State Mining Company(KSMC). The approvals were announced at a press briefing by the Commissioner for information and internal Affairs Ibrahim Waiya following the outcome of the Council’s 35th meeting presided over by Governor Abba Kabir Yusuf at...
Kaduna Mining Development Company to be listed on Nigerian Stock Market by 2026 – MD, Engr. Shuaibu Kabir Bello
*Photo: Engr. Shuaibu Kabir Bello, Managing Director of Kaduna Mining Development Company (KMDC)* The Kaduna Mining Development Company (KMDC) is set to be listed on the Nigerian Stock Market by 2026, opening up public investment opportunities and a new chapter of growth for the company.Managing Director of the company,Engr. Shuaibu Kabir Bello, stated this on Wednesday, while providingupdates on the...
China Mining Federation of Nigeria denies allegations of infiltration in Solid Minerals Sector
The China Mining Federation of Nigeria has denied allegations of “Chinese infiltration” in Nigeria’s solid minerals sector, describing the claims as false and unfounded. A report, ‘Silent Conquest: The Chinese Infiltration of Nigeria’s Solid Minerals Sector’, recently launched by rights group, Renevlyn Development Initiative, RDI, decried exploitation of mineral resources in the country by the Chinese without recourse to the...
SGF Akume lauds NEITI Executive Secretary as agency holds Advocacy Dialogue
*Photo:Hon. Musa Sarkin Adar, NEITI Executive Secretary* The Secretary to the Government of the Federation (SGF) and Chair of the Nigeria Extractive Industries Transparency Initiative National Stakeholders Working Group (NEITI NSWG), Senator George Akume has lauded the newly appointed Executive Secretary of NEITI, Hon. Musa Sarkin Adar. Akume gave the commended in Abuja at a Stakeholders Engagement organised NEITI on Wednesday,...
NUJ confers Award on Engr. Shuaibu Kabir Bello, MD of Kaduna Mining Development Company
"Under his stewardship, the sector has witnessed renewed visibility, strategic reforms and growing investor interest, contributing significantly to economic growth and job creation," the union said. *Photo: Engineer Shuaibu Kabir Bello* Nigeria Union of Journalists (NUJ), Kaduna State Council, has presented an Award of Outstanding Performance in Public Service to the Managing Director of the Kaduna Mining Development Company (KMDC), Engr...
Major Milestone in Kano as Century Mining Company signs Five-Year Multi-Million Naira Development Deal with Riruwai Community
A five-year, multi-million naira Community Development Agreement (CDA) between Century Mining Company (CMC) and Riruwai Community in Doguwa Local Government Area of Kano State has officially taken effect, marking a major milestone in community–company collaboration in the solid minerals sector of Kano State. The agreement, approved by the Federal Ministry of Solid Minerals Development, will run from 2026 to 2030...
The Chef and the Crucible: How Kaduna State is Cooking Up a Mining Revolution
*Photo: Engr. Shuaibu Kabir Bello, MD/CEO, Kaduna Mining Development Company* By Obinna Ede Introduction: Development as a Deliberate Act. Economic development is never an accident. It is not a lottery win or a stroke of luck; it is a construction project. It does not spring from wishful thinking but from the deliberate, sometimes painstaking, “cooking together” of the critical elements of productive...
‘It is important that we see more focus on enforcing mining-related rules” – Jumoke Fajemirokun
Jumoke Fajemirokun is senior partner at ENR Advisory, a law firm providing legal and ancillary services to companies and governments operating in the extractive industry. She spoke with TheMiners on why investors need professionals to help them navigate the intricacies of the sector. Excerpts:A: What would you say was the attraction point for you to move into mining advisory?A:...
Mining Data Centralization Will Boost Exploration Activities in Nigeria – Bassel Mourad
At the recent Nigeria Mining Week, Mr. Bassel Mourad, Chief Executive Officer, and Engr. Samson Enama, Deputy Managing Director of Rapidlink Resources Limited, one of Nigeria’s foremost mineral exploration companies, spoke with The Miners on topical issues relating to the sub-sector, among others.By Shakirudeen BankoleQ: The Federal Government recently announced the centralization of mineral exploration data under the National...
