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...
Oyo Government vows to end illegal mining activities statewide
Oyo State Government has put measures in place to end illegal mining in every part of the state, the Director-General, Oyo State Solid Mineral Development Agency, Mr Abiodun Oni, had said. Oni said this when he led a team from the agency on inspection to the Ibadan Circular Road, where illegal excavation took place. According to a statement issued at...
New report shows $30b in new investments needed to meet Canada’s critical mineral demand
A newly released report estimates Canada will need at least $30 billion in new capital investments by 2040 if it wants to meet domestic demand for the critical minerals key to a green economy transition. But the Canadian Climate Institute's report says cutting back on environmental safeguards and Indigenous consultation to speed up those projects is likely to backfire. The report...
Nigerian Railways talks tough on illegal mining activities near rail tracks
* Rail tracks destroyed by suspected illegal mining activities at Jebba, Niger The Nigerian Railway Corporation (NRC) has pledged to take serious action against perpetrators of illegal mining activities causing damage to rail tracks. The Managing Director of the corporation, Mr Kayode Opeifa, gave the warning while speaking with newsmen on Wednesday in Jebba, on the sidelines of an inspection tour...
MAN president Dele Ayanleke bags Champion Newspapers’ Lifetime Achievement Award
President of the Miners Association of Nigeria (MAN), Chief Dele Ayanleke, was among the high calibre personalities honoured recently at the Champion Newspapers’ Annual Awards for the year 2024. The event, held at the Convention Center of Eko Hotels and Suites, Victoria Island was witnessed by State Governors, Banks CEOs, oil and gas magnates, gurus of industry and others. Among the...
FG delegation meets Sino Steel executives on revival of Ajaokuta Steel plant
Minister of Steel Development, Prince Shuaibu Abubakar Audu and the Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe have held a strategic meeting with executives of Sino Steel, one of China’s largest and most influential steel conglomerates. The high-level engagement focused on advancing the long-delayed revitalization of the Ajaokuta Steel Company, a key industrial asset considered critical to Nigeria’s...
NSCDC CG orders Mining Marshall’s boss to withdraw petition against police submitted to the Senate
The leadership of the Nigeria Security and Civil Defence Corps (NSCDC) has expressed its displeasure at the petition allegedly filed by the Commander of the Mining Marshal, Mr Attah John Onoja before the senate committee on ethics, privileges and public petitions, over an alleged attack and shooting of its mining marshals by some policemen, including alleged obstruction of its...
Nigerian mining professionals undergo training at Murdoch University, Australia
*Photo: Minister of Solid Minerals Development, Dr Dele Alake (middle) at the launching of a capacity enhancement programme for the first batch of Nigerian mining professionals at Murdoch University, Australia* The Minister of Solid Minerals Development, Dr. Dele Alake has officially launched a capacity enhancement programme for the first batch of Nigerian mining professionals at Murdoch University, Australia. The...
