Illegal mining: FG arraigns eight Chinese nationals, one Nigerian
The Federal Government's efforts to combat illegal mining received a significant boost yesterday with the arraignment of several Chinese nationals for illegal mining activities in Lokpaukwu community, Umuchieze, within Umunneochi Local Government Area of Abia State. The suspects, including eight (8) Chinese nationals and one Nigerian, were recently apprehended by the Mining Marshals, an elite security outfit crafted from the...
AFNIS will harness Africa’s mineral resources for sustainable development – Alake
* Minister of Solid Minerals Development, Dr. Dele Alake (middle), Director, Human Resource Management, Ministry of Solid Minerals Development, Mrs Ijeoma Idika (left) and CEO/Managing Partner, Core International, Mr. Suleiman Zakari during a press briefing for the 3rd Editon of the Africa Natural Resources And Energy Investment Summit (AFNIS) 2024 in Abuja on July 11, 2024.* The Minister of Solid...
Reforms spur investors confidence in mining sector- Alake
"The minister urged investors to capitalize on Nigeria's extensive mineral deposits, noting the identification of over 40 million tonnes of talc deposits in Niger, Osun, Kogi, Ogun, and Kaduna states; approximately 1 billion metric tonnes of iron ore in Kogi, Enugu, Niger states, and the Federal Capital Territory; and an estimated 10 metric tonnes of lead and zinc spread...
FG Announces New Mining Rates
"Under the new regime, investors applying for a Mining Lease license will pay N3 million, while Small Scale Mining Lease (SSML) applicants will pay N300,000 for the first two cadastral units. The cost to obtain an Exploration Licence (EL) is N600,000 for the first 100 cadastral units. A Quarry lease now attracts N300,000, while reconnaissance permit is N300,000." *Photo: Minister...
Phoenix Transition Minerals Ltd meets Nassarawa Governor with proposal for mining operations
"The proposal highlights the company's plan to utilize modern technology in lithium mining, promising to bring innovative and sustainable practices to the industry." Photo L-R: Governor Abdullahi A. Sule and Mr. David Griffith, Chief Operations Officer of Phoenix Transition Minerals Ltd.* Governor of Nasarawa State, Engr. Abdullahi A. Sule, recently received in audience at the Government House, a delegation from Phoenix...
Solid Minerals Development Commission Bill scales second reading in House of Reps
*Photo: Dr Dele Alake, Minister of Solid Minerals Development * The House of Representatives on Tuesday, July 2, passed for a second reading a bill seeking to establish a solid minerals community development commission to protect communities where solid minerals are being mined in the country. The sponsor, Hon. Sunday Anamero Dekeri (APC, Edo) said the bill when passed into law...
Argentina is about to unleash a wave of lithium in a global glut
For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change. Four new projects will finally begin to churn out lithium in the weeks and months ahead, according to a yet-to-be released federal government time-line seen by Bloomberg News. That will almost...
Alake Presents Gold Bars To President Tinubu, Says Sector Will Boost Naira Value
...Gold transaction adds $5m to foreign reserves ...70+ Kilograms refined for London Bullion Market Gold delivery standard Photo R-L:Minister of Solid Minerals Development, Dr. Dele Alake presenting the gold bar document to President Bola Tinubu at the State House, Abuja recently. With them is the Executive Secretary, Solid Minerals Development Fund, Mrs Fatimah Shinkafi.* Solid Minerals Development Minister, Dr. Dele Alake has...
Executive orders: Ogun Gov restrains monarchs from signing MOUs on mining and other land matters
*Photo: Governor Dapo Abiodun * Ogun State Governor, Prince Dapo Abiodun, has issued three Exective Orders to establish two new agencies, namely: The Ogun State Mineral Resources Development Agency and The Ogun State Landscaping and Recreation Agency. In addition to the establishment of these two agencies, the third executive order, therefore restrains monarchs from entering into any form of agreement or...
Edo govt vows sanctions against mining officials issuing illegal authorization to operators of borrow pits
*Photo L-R: Secretary to the Edo State Government, Osarodion Ogie Esq.; Edo State Governor, Mr. Godwin Obaseki, and Commissioner for Environment and Sustainability, Joshua Omokhodion, during an inspection tour of the borrow pit site at Obagie N' Evbosa, on Wednesday, June 19, 2024.* The Edo StateGovernment has threatened tough sanctions for Federal Government mining officers in the State involved in issuing...
