Mining firm faults disruption of operations in Nasarawa
Trimmadix Geomin Consult Nigeria has expressed disappointment over disruption of its operations and harassment of its staff at its mining site at Amba Kure in the Kokona local government area of Nasarawa State by agents of the state government.The state government, through its Commissioner of Environment and Solid Minerals, recently stormed the mining site of the company alongside security...
China’s Ganfeng Lithium begins lithium production at Mali’s Goulamina mine
Chinese company Ganfeng Lithium has commenced operations at the Goulamina lithium mine in Mali, the South China Morning Post reported on Thursday. The mineral is essential for electric vehicle batteries and electronics. Production at the site, located in the Bougouni region, began this month and is set to yield 506,000 tonnes of lithium annually during its first phase, with plans...
Comparative Analysis: Nigeria Mining Policy vs. Australia’s Geoscience Strategy 2028
By Engr Alexander Elemo, MNSE, FIEAust, CPEng. Mining policies serve as frameworks to manage natural resources, stimulate economic development, and ensure sustainability. Comparing Nigeria’s mining policies with Australia’s Geoscience Strategy 2028 reveals significant differences in approach, implementation, and outcomes. This comparison identifies ten critical areas where Nigeria can enhance its mining sector for sustainable growth and global competitiveness. 1. Resource Mapping...
Weak demand leads to De Beers sitting on colossal stockpile of diamonds it can’t sell – FT
De Beers Group has amassed its largest diamond stockpile since the 2008 financial crisis, reflecting ongoing challenges in the luxury gemstone market, the Financial Times reported on Wednesday, citing the company’s press office.The company, which dominates the $80 billion diamond jewelry industry, has seen inventory levels hover around $2 billion throughout 2024.The slump in demand has been attributed to...
Women in Mining Nigeria frowns at gender imbalances in global mining sector
By Shakirudeen Bankole An association of Nigerian females in mining and associated business, the Women in Mining Nigeria (WIMIN) has recommended the economic liberalisation model as a way to transform the abundant mineral resources in the country into economic prosperity for the country and its people. National President of WIMIN, Engr. (Mrs.) Janet F. Adeyemi, and Founder of the Royal School...
The Occurrence and Economic Importance of Carbonate Minerals in Nigeria
By Engr Fatai Jimoh, MNSME, R- Comeg IntroductionMinerals are naturally occurring inorganic crystalline substances with definite chemical compositions which can be represented by a formular.Carbonate minerals are a significant class of materials that play an important role in various industries due to their diverse applications. In Nigeria, carbonate minerals, especially limestone and dolomite, have been vital to the economy for...
Breaking: FG lifts ban on mineral exploration in Zamfara
After more than five years of security restriction, the Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in the security situation across the state. Making the announcement during a press briefing at the weekend, the Minister of Solid Minerals Development, Dr. Dele Alake stated that the nation has a lot to gain...
Saudi Arabia hits lithium jackpot, discovers ‘white gold’ reserves in its oil fields
Saudi Arabia, whose economy is based around its vast reserves of oil and natural gas, has found another source to diversify its oil-rich economy as the kingdom announced the discovery of huge lithium reserves in its oil fields near the sea. According to reports, Saudi Aramco, the country's state-owned petroleum and natural gas company, extracted lithium under a pilot...
Alake lauds mining engineers on effort to sanitise mining sector
Minister of Solid Minerals Development, Dr. Dele Alake, has praised Council of Nigerian Mining Engineers and Geoscientists (COMEG) for sanitising mining sector.Alake spoke at COMEG 14th induction of 143 members and 20 corporate members in Abuja.The minister hailed the digital stamp, which includes use of unrecyclable paper sticker embedded with security features.He noted that the innovation curbed unwholesome practice...
Troops arrest illegal miners, recover precious stones, others in Taraba
Troops of 6 Brigade, deployed at Garba Chede Checkpoint in Bali Local Government Area, have apprehended a group of illegal miners and seized precious stones being transported out of the area. Acting on credible intelligence, the vigilant troops on 17 December intercepted a truck with a foreign registration number B 0515 VV, which was found to be concealing illegally mined...
