IWD 2025: Segilola Resources empowers Iperindo women with business, digital skills

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In celebration of International Women’s Day 2025, Segilola Resources Operating Limited (SROL) has reinforced its commitment to women’s empowerment by hosting beneficiaries of its Segilola Women’s Initiative Programme (SWIP) and Livelihood Restoration Programme (LRP) in Osun State. In collaboration with Ilesa Business School, the company organized a business training session that equipped over 200 women with essential entrepreneurial and digital...

Gold reaches historic high to more than $3,000 an ounce

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Gold prices reached a record high on Thursday as investors spooked by mounting concerns over a global trade war seek safe-haven assets. The latest rally comes amid on-off tariff announcements by the US.Import taxes on steel and aluminum imposed by US President Donald Trump took effect on Wednesday, sparking concerns in export-dependent Asia and prompting immediate retaliatory measures from...

Gem Giant signs CDA with Osun community on gold mining

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*Agbeyo Chairman of a mining company, Gem Giant Limited, Babatope Agbeyo has disclosed that his company’s motivation stemmed from a sense of patriotism and a desire to drive growth and development in local communities.Agbeyo said this after his company signed a Community Development Agreement (CDA) with the Faforiji Community in Osun State, Nigeria over mining activities. Agbeyo expressed the company’s...

Barite: Occurrences, Mining Methods, Challenges, and Economic Importance

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By Engr Fatai Jimoh MNSME, R-comegAbstractBarite, a mineral composed of barium sulfate (BaSO₄), is an essential industrial mineral with a wide range of applications, particularly in the oil and gas, paint, paper, and pharmaceutical industries. Nigeria is endowed with significant deposits of barite, predominantly located in the Benue Trough and other regions. This write-up provides an in-depth overview of...

Court jails 2 Chinese for illegal mining activities in Kwara

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A Federal High Court sitting in Ilorin has convicted and sentenced two Chinese, Yang Chao and Wu Shan Chuan to prison for illegal mining of solid minerals in Kwara State. The two were convicted along with their company, Crius Chemical Nigeria Limited. They were prosecuted on a one-count charge, bordering on dealing with illegal solid minerals mining. The charge reads: “That you, Yang...

EFCC arrests 4 Chinese, 27 Nigerians over suspected illegal mining in Jos

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Operatives of the Economic and Financial Crimes Commission (EFCC) Kaduna Zonal Directorate on Saturday March 8, 2025 arrested 31 suspected illegal miners in Jos, Plateau State capital. They were arrested in the premises of Jiasheng Nigeria Limited, located at Dura Rayfield, Mangu Road, Jos following credible intelligence linking the company to illegal mining activities in the state. The arrested included four...

Nigeria Mining Week returns to Abuja for 10th edition in October

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The organisers of Nigeria Mining Week, a flagship gathering for the mining industry in the region, have announced the dates for this year's edition in Abuja. This leading conference and expo will take place from 13-15 October 2025 at the Abuja Continental Hotel. Last year, Nigeria Mining Week gathered more than 2,100 mining professionals, featured around 200 sponsors and exhibitors, more...

Meet the world’s third largest lithium supplier

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Rio Tinto has finalised its $US6.7 billion ($10.5 billion) acquisition of Arcadium Lithium, positioning the company as a leading lithium supplier. Following approval from the Royal Court of Jersey, Rio Tinto is now the parent company of Arcadium, which will be renamed to Rio Tinto Lithium. Arcadium has been delisted from the ASX and New York Stock Exchange. Backed...

Married women abandon husbands for illegal miners — Commissioner

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Plateau State Commissioner for Housing and Urban Development, Sylvanus Dongtoe, has appealed to citizens to support the government suspension of mining activities in the state until the subsector is repositioned for coordinated operations. He said the indiscriminate mining in the state was breeding social vices that should stop. Dongtoe, who spoke in his office in Jos when he received...

US considering ‘rare earths’ deal with war-gripped DRC in return for security – FT

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The US is exploring a deal with the Democratic Republic of Congo (DRC) to access its natural resources in exchange for American security assistance, the Financial Times has reported.Violence escalated in the resource-rich country’s eastern provinces in January, with M23 group militants seizing several key cities. Last month, Prime Minister Judith Suminwa estimated that the conflict had caused 7,000...