AngloGold Ashanti to buy Centamin for $2.5 billion, with sights on Egypt’s Sukari mine
Mining giants, AngloGold Ashanti has concluded plans to buy a smaller rival Centamin in a $2.5 billion (£1.9 billion) stock and cash deal that would see it become the world’s fourth largest producer of gold. The acquisition hands the South African miner the key Sukari mine in Egypt, which is the country’s largest and first modern gold operation, as well...
Ghana to launch $450m manganese refinery to boost revenue
The construction of Ghana's first manganese refinery has launched in August, according to Samuel Abu Jinapor, the minister of lands and natural resources. The refinery, expected to cost $450mn, will be established by Ningxia Tianyuan Manganese Industry Group Company Limited (TMI), the Chinese parent company of Ghana Manganese Company (GMC), near the latter's Nsuta mine in the Western region. This initiative...
Illegal gold mining: Traditional ruler, four others remanded in prison
A traditional ruler in Osun, Oba Taofeeq Osunmakinde, and four others were on Monday ordered to be remanded in Kuje Correctional Centre(prison) over alleged illegal gold mining. Oba Osunmakinde is the Obawore of Ifetuntun in Ife Central Local Government Area of Osun. Justice Emeka Nwite of the Federal High Court in Abuja, who gave the order after the defendants were arraigned...
Alake hails $1billion iron ore to steel project value addition breakthrough planned for Kogi State
*Photo: Minister of Solid Minerals Development, Dr. Oladele Alake welcoming the Vice Manager of SINOMACH-HE, Hou Encai and Chief Executive Officer, Chart & Capstone Integrated Nigeria Limited, Chief Abel Edijala to the meeting at The Peninsula, Beijing, China recently* Solid Minerals Development Minister Dr. Oladele Alake has hailed the $1 billion (N1.6Trillion) new iron ore to steel project planned for...
Lagos urges Mining stakeholders to avoid environmental pollution
The Lagos State Government has called on solid minerals stakeholders in the sector to avoid practices that can lead to environmental pollution.Speaking at a stakeholders’ forum organised by the Ministry of Energy and Mineral Resources, the Chairman of the Lagos State House of Assembly Committee on Energy and Mineral Resources, Sabur Oluwa cited relevant laws governing the solid minerals...
Kano Government Assures Investors In Mining Sector Of Safety
*Photo: Kano State Commissioner for Solid Minerals and Natural Resources, Safiyanu Kachako (2nd left) during a visit to his office by the Managing Director of Zarthwish Company, Mr. Alex Zhang* The Kano State Government has assured investors in the state's mining sector of safety and security. The assurance was given by the state Commissioner for Solid Minerals and Natural Resources, Safiyanu...
We are repositioning Nigeria’s solid minerals sector to drive economic growth- Alake
By Kamal Tayo Oropo, News Agency of Nigeria.Nigeria’s solid mineral sector, which was once crucial to the nation’s economy, lost that recognition immediately the nation found oil. But, with the decreasing oil revenue, the President Bola Tinubu-led administration is revitalising the solid mineral sector and developing its infrastructure to attract foreign investments.According to the Minister of Solid Minerals Development,...
FG prosecutes illegal mining suspects in Kogi, Ondo
*Photo: Some arrested illegal miners* As part of ongoing efforts to sanitise the mining sector, the federal government has charged suspected illegal miners arrested in Kogi and Ondo states during a recent operation led by the Mining Marshals to court. The operation, code-named “Operation Hayakin Kogo,” took place in the Ikah Community of Ankpa LGA, Kogi State resulting in the arrest...
Mining Marshal to deploy intelligence gathering and technology against saboteurs – National Commander
*Photo: National Commander of the Mining Marshal, ACC J A Onoja(left) speaking at the recently concluded stakeholder engagement workshop held at the Ministry of Solid Minerals Development, Wuse 2 Abuja.* The National Commander of the Mining Marshal, ACC J. A. Onoja, has reaffirmed the determination of the Squad to eliminate all forms of economic sabotage in the Nigerian mining sector. Onoja...
Nasarawa to host 6th National Council for Mining and Mineral Resources Development Meeting – Engr. Nkom, DG, Nigeria Mining Cadastral Office
*Photo L-R: Engr. Obadiah Simon Nkom, Director General of the Nigeria Mining Cadastral Office, Abuja, presenting a letter from the Minister of Solid Minerals Development, Dr Dele Alake to Governor Abdullahi A. Sule* The 6th National Council for Mining and Mineral Resources Development Meeting coming up in November will be held in Nasarawa State. This was disclosed by Engr. Obadiah Simon...
