NASD–SMDF Webinar: Alake, Nkom, others discuss importance of capital market to sustainable mining operations
The capital market is a critical source of funding for sustainable mining in Nigeria. The Minister of Solid Minerals Development, Dr Dele Alake, stated this on Wednesday at the NASD–SMDF Webinar, which had over 200 participants in attendance. The minister, who was represented by his Senior Adviser on Mining and Policy, Amira Adamu Waziri, also said the 7-point Agenda of...
Dangote Cement signs Community Development Agreement with Jakura Community in Kogi
The Obajana Plant of Dangote Cement PLC today signed its first Community Development Agreement (CDA) with Jakura Community in Lokoja Local Government Area of Kogi State. The signing ceremony, held at the Obajana Plant, was graced by traditional rulers, community leaders, government officials, and representatives of Dangote Cement. The Plant Director, Panjala Spreedhar, represented by the Chief General Manager of Operations,...
Tenth edition of Nigeria Mining Week to feature exciting new industry forums
Pix: Officials of Vuka Group and PwC with leadership of the Nigerian Ministry of Solid Minerals Development and National Executives of MAN The upcoming Nigeria Mining Week conference and expo will feature exciting new forums to engage mining houses, sector specialists and investors specifically on matters such as steel, gold, gemstones and power. In addition, the Kaduna State Deal Room,...
Alake hails court verdict on Ansaru terrorist group leader as victory against illegal mining
*Photo: Minister of Solid Minerals Development, Dr Dele Alake* The Minister of Solid Minerals Development, Dr Dele Alake has described the verdict that sentenced Ansaru commander Mahmud Usman to 15 years in jail as a major victory in the war against illegal mining. On Thursday, Justice Emeka Nwite of the Federal High Court, Abuja gave the verdict and remanded the...
Special Investigation: Inside Kogi illegal coal mining industry and Dangote Group’s alleged complicity
By Shakirudeen Bankole The presence of an open market for the sale of illegally procured coal in Kogi State is, well, an open secret to anyone familiar with the trade. Every day of the week, dealers, truckers and sellers are gathered for the illegal but bustling sale at the market domiciled at Ika, Ofugo and Ogboyaga communities of the state....
Reps hold public hearing on 12 mining sector related bills
The Nigerian House of Representatives at the weekend held a public hearing on 12 bills aimed at repositioning the Mining sector.The public hearing, organised by the House Committee on Solid Minerals, brought stakeholders in the sector together to make contributions, suggestions, and submissions on the need to pass the bills. Speaker of the House of Representatives, Tajuddeen Abbas, who was...
Ghana Chamber of Mines president, Akafia highlights upsides, challenges in mining sector
While the mining industry is making significant gains, there are still challenges that need careful attention, President of the Ghana Chamber of Mines, Michael Edem Akafia, has noted. While speaking on Joy News’ PM Express Business Edition on Thursday, Akafia said the rise in gold prices has boosted aspirations across many countries, with governments positioning themselves strategically in light...
Court jails Ansaru terrorists’ commander for 15 years for illegal mining
An Abuja-based Federal High Court has convicted and sentenced Mahmud Usman, one of the commanders of Ansaru, a proscribed terrorist organisation to 15 years in prison.After the Department of State Services (DSS) arraigned him in court, Usman pleaded guilty to the charge of illegal mining activities. He said the illegal dealings in mining enabled him to acquire arms for terrorism...
Mali mine dispute: Canadian mining firm’s chief negotiator defects, picks job with Malian government
A top executive who represented Canadian mining giant Barrick in tense negotiations with Mali has defected to become an adviser to the West African nation’s leader, Reuters reported Wednesday, citing a Mines Ministry official. Hilaire Diarra, formerly general manager of the Canadian company’s Tongon Gold Mine in Ivory Coast, was appointed special counsellor by Malian President Assimi Goita in a...
MCO, EFCC pledge to strengthen collaboration to combat economic crimes in mining
The leadership of the Mining Cadastre Office (MCO) and that of the EFCC have pledged to strengthen collaboration to combat economic crimes in miningThe two agencies would do this by promoting transparency, accountability and good governance in Nigeria’s mining sector. The agreement was reached when Engr Obadiah Simon Nkom, Director-General of the MCO paid a courtesy visit to Mr Michael...
