Adding value to mineral resources before export is at heart of Nigeria-China business relationship – Joseph Tegbe
By Bernard Daniel Nigeria is positioning itself to be the manufacturing hub for China to serve the African continent, with Nigeria's rich mineral resources as the main attraction. This was disclosed Thursday in Abuja by the Director General of the NIgeria - China Strategic Partnership (NCSP), MrJoseph Tegbe in an interview with TheMiners. Tegbe spoke on the sideline of...
Russian miners find 40-million-year-old cockroach
A fossilized cockroach estimated to be 35 to 40 million years old has been discovered in a piece of amber in Russia’s Kaliningrad Region. The specimen was found during manual sorting at the Kaliningrad Amber Combine, a facility operated by technology giant Rostech, the company announced on Thursday. The insect is encased in a 41x21 mm piece of amber weighing...
Activist group petitions Ribadu, urges NSA to compel trial of alleged Nasarawa illegal miners by Mining Marshals
The Citizens Awareness Against Corruption and Social Vices Initiative, (CAACASVI) has called on the National Security Adviser, Malam Nuhu Ribadu, to intervene in the alleged sabotage of the judicial process against alleged high profile illegal miners. CAACASVI, in a petition sent to the NSA, alleged that certain senior government officials are frustrating efforts by the Mining Marshals to prosecute certain...
At WIMTI seminar, experts urge mining professionals to embrace new tech for supply chain visibility
The Women in Mining Training Institute concluded the 49th edition of its webinar on Thursday with a call on mining professionals to embrace new technologies to enhance value chain visibility. The discussion, which took place under the theme, “Value of Mineral Supply Network for Economic Benefits”, had three major speakers. These are the ECO/Founder of NextPrairie Group Ltd, Omotayo Adewunmi,...
FG pledges support for Hasetins Commodities’ $400 million rare earth processing plant
*Photo R-L: Dr Dele Alake and Prince Jidayi Ijudigal* Minister of Solid Minerals Development, Dr Dele Alake has pledged Federal Government's support for a Foreign Direct Investment (FDI) initiative to establish Africa’s largest rare earth and critical minerals processing plant, driven by a $400 million investment from Hasetins Commodities Ltd in Nasarawa State. Dr Alake gave the commitment during...
Tinubu calls for end to West Africa’s ‘Pit-to-Port’ mineral export model
President Bola Tinubu has called on West African nations to break free from the long-standing dependency on exporting raw minerals, a pattern he labelled the “pit-to-port” model — and instead focus on building regional value chains, investing in local processing, and boosting manufacturing and innovation. Speaking at the inaugural West Africa Economic Summit (WAES) on Saturday at the Bola Ahmed...
Niger strips France’s Orano of rights to its uranium mine
Niger’s military government has announced plans to nationalize Somair uranium, a local venture operated by French state-owned nuclear fuels company Orano, amid an escalating dispute between the miner and the West African nation.The authorities cited alleged illegal actions by Orano as justification for their decision, adding that the most recent mining agreement between Niger and the French mining giant...
Segilola Resources builds palace, launches youth scheme to boost economic development in Osun communities
Segilola Resources Operating Limited, Nigeria’s pioneering large-scale gold mining company and a subsidiary of Thor Explorations Ltd, has inaugurated a newly constructed royal palace in Imogbara and officially launched a youth empowerment initiative across Imogbara and Iperindo communities in Osun State. The projects, which fall under the firm’s Community Development Agreement (CDA) obligations, underscore its commitment to sustainable development, cultural...
Mali announces Russia partnership to establish gold refinery
Mali’s government will partner with the Russian Yadran Group to establish a state-owned gold refinery aimed at increasing national revenues from bullion production, Reuters reported on Friday, citing the West African country’s economy and finance minister. According to Alousseni Sanou, the joint company SOROMA-SA will be majority-owned by the Malian state with a 62% stake, while Yadran will hold the...
Medscope, Saudi company expresses interest in Kano Solid Minerals sector
*Photo L-R: Shekh Tijjani Auwal, Kano State Commissioner Religious Affairs ; Shekh Saoud Alzafere, CEO of Medscope; Alhaji Hamza Safiyanu, Kano State Commissioner of Solid Mineral and Natural Resources and Dr. Elfatih Muhammed Ali; General Manager of Medscope* Medscope, a Saudi Arabian company with headquarters in Riyadh, has expressed interest in the Kano State solid minerals sector. The expression of...
