Nigeria, at Future Minerals Forum seeks global Mining Partnerships to boost its economy

0

The Federal Government has expressed its commitment to fostering strategic global mining partnerships that drive economic growth, promote investment, and encourage innovation.The Minister of State Finance, Dr. Doris Uzoka-Anite led the charge at the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia, where she showcased Nigeria’s vast resource wealth and underscored the country’s readiness to collaborate with global partners.With...

Global Best Practices in Mining Operations: Lessons for Nigeria

0

Highlight successful strategies from leading wmining nations and their applicability in Nigeria.By Engr Alexander Elemo, MNSE (Nig), FIEAust (Aus), &CPEng (Aus)The global mining industry has long been a cornerstone of economic development, withleading nations implementing best practices that ensure sustainability, efficiency, andcommunity engagement. Nigeria, endowed with vast mineral resources, stands to gain significantly by adopting these strategies. Under the...

Mining firm sues Zenith Bank, seeks N20b damages for ‘failed’ solid minerals contracts with Chinese company

0

A firm – Owigs and Obigs Nigeria Limited – has sued Zenith Bank Plc for N20billion, accusing the bank of negligence, incompetence and engaging in fraudulent conduct, causing it (plaintiff) to lose a series of contracts for the supply of solid minerals worth billions of naira. In the suit marked: FCT/HC/M/6371/16, before the High Court of the the Federal...

Bodies of dozens of illegal miners pulled to surface in South Africa

0

A total of 66 illegal miners have been rescued on Tuesday during renewed operations at shaft 11 in Stilfontein, North West. National police spokesperson Brigadier Athlenda Mathe said the death toll has risen to 51. She said since the rescue missions resumed, 82 have been arrested and they are facing charges of illegal mining, trespassing, and contravention of the immigration act...

Effective Guidelines and Roadmap Remain Key to Kano State Solid Mineral Dev- Commissioner Safiyanu Hamza

0

*Photo: Kano State Commissioner for Solid Mineral and Natural Resources, Alhaji Safiyanu Hamza(centre), speaking on Tuesday, shortly after a presentation by the State Coordinator of Raw Material Research and Development Council ( RMRDC)* Kano State Commissioner for Solid Mineral and Natural Resources, Alhaji Safiyanu Hamza disclosed that no state or nation could effectively and efficiently develop the sector without proper...

Interpol arrests 200 in 4 West African countries during operations against illegal mining

0

Interpol has arrested at least 200 people in four West African countries as part of operations against illegal mining, the international police body said on Tuesday. The operations, code-named Sanu, were carried out in Burkina Faso, Gambia, Guinea and Senegal from June to October last year, the agency has said. Investigators seized a large quantity of chemicals and equipment used in...

Kwara to collaborate with FG, Stakeholders to boost mining activities

0

*Photo: Kwara State Commissioner for Solid Minerals Development, Dr Afees  Abolore Alabi* Kwara State Government has reiterated its efforts  at having an impactful synergy with the Federal Ministry of Solid Minerals Development and other relevant stakeholders with the aim of boosting mining practices and other solid minerals related activities in Kwara State. The Commissioner for Solid Minerals Development, Dr Afees  Abolore...

Canada’s Barrick mining group suspends operations in Mali over tax disagreement

0

Canadian mining corporation Barrick Gold has announced that it will suspend operations in Mali in response to a long-running dispute with the West African country’s military government over alleged unpaid taxes. The company accuses the Malian authorities of seizing gold stocks from its Loulo-Gounkoto complex, located in the west of the country, and transferring them to a custodial bank, thereby...

Lead and Zinc: Occurrences, Mining Methods, Challenges, and Economic Importance

0

By Engr Fatai Jimoh MNSME, R-comegAbstractLead and zinc are essential metals with various industrial applications. Nigeria is endowed with significant deposits of these metals, which have been exploited for decades. This write-up provides an overview of the occurrences, mining methods, challenges, and economic importance of lead and zinc in Nigeria. IntroductionLead and zinc are two of the most widely used...

Losses from illegal mining bigger than national budget, says ex-SDP presidential candidate

0

Prince Adewole Adebayo, the Social Democratic Party’s presidential candidate in the 2023 election, has expressed grave concerns over the financial impact of illegal mining, stating that the revenue lost far exceeds Nigeria’s entire budget. Speaking on Channels Television’s Politics Today on Sunday, Adebayo highlighted the extensive illegal mining operations in areas such as Zamfara State’s Bukkuyum and Anka local government...