Nigeria Solid Minerals Development Fund signs MoU with Geoscan GmbH of Berlin
On the sidelines of the German Chancellor's visit to the Country in October 2023, Nigeria Solid Minerals Development Fund (SMDF) signed a Memorandum of Understanding (MoU) with the GeoScan GmbH of Berlin, Germany to advance the Exploration and Development of Nigerian Critical Minerals using innovative proprietary technology. GeoScan GmBH which possesses cutting-edge technology and capable of exploring mineral deposits up...
FG unveils additional 350 operatives to boost Mining Marshals
The Minister of Solid Minerals Development, Dr. Dele Alake on Friday declared that the deployment of 350 additional operatives to the mining marshals underscores the federal government's commitment to reforming the mining sector. Speaking at the Passing Out Parade for the new operatives at the NSCDC headquarters, the minister represented by the Permanent Secretary, Dr. Mary Ogbe lauded his interior...
‘World’s largest’ lithium mine to expand
...Greenbushes bolstered by increased investment *Photo:The Greenbushes lithium mine in Western Australia. An upsizing of the Greenbushes lithium mine’s revolving syndicated loan facility (SLF) has been approved by Windfield Holdings. Greenbushes is known as the world’s largest hard-rock lithium mine and is located approximately 250km south of Perth in Western Australia. It recorded a profit of about $6.3 billion in 2023. IGO and Tianqi Lithium...
Nasarawa State hails mining firm, Hasetins for constructing roads, drilling boreholes
*Photo: Governor Abdullahi Sule of Nasarawa State * The Nasarawa State Government has commended a mining company, Hasetins Commodities Limited (HCL) for initiating projects that benefit the communities where it operates. The Governor, Abdullahi Sule gave the commendation during the flag off of road construction and drilling of boreholes in Uke, a community in Karu Local Government Area of the state. The...
Collapsed Mine: Solid Minerals Minister Vows To Enforce Miners Insurance
*Photo: Dr Dele Alake (left) during his condolence visit to victims of the mine collapse in Niger State* The Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed the federal government's commitment to enforcing insurance policy for mine workers in Nigeria. Representing President Bola Tinubu on a condolence visit to Niger State Governor, Umar Bago, in Minna, Alake conveyed the...
SCUML seals mining company for alleged non-compliance with anti-money laundering laws
Tongyi Group allegedly violated Nigeria’s Money Laundering Protection and Prohibition Act 2022 as well as the Terrorism Protection and Prohibition Act 2022 all of which are under the AML/CFT regime by refusing to sign SCUML’s checklist and to send statutory reports to the Unit..The Special Control Unit against Money Laundering, SCUML of the Economic and Financial Crimes Commission, EFCC...
FG mobilises responders to crashed mining site in Niger State
"The Minister is actively monitoring the situation at the mining site operated by African Minerals and Logistics Ltd." The Federal Government has mobilised first responders to the scene of a collapsed mining site in Galadima Kogo, Shiroro Local Government Area (LGA) of Niger State. The Minister of Solid Minerals Development, Dr. Dele Alake disclosed that the swift action of the Federal...
EFCC Arrests Seven for Alleged Illegal Mining Activities
Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC have arrested seven suspects for offences bordering on illegal mining activities, and two others for offering N1.2million bribe to compromise the operatives of the Commission. The arrest, which followed credible intelligence and days of surveillance, was carried out on Friday, May 24, 2024 at Ogbomosho, Oyo...
Decision Support System, A Game-Changer for Nigeria’s Mining Sector
By Segun Tomori The mining sector recently got a boost with the unveiling of the Nigeria Mineral Resources Decision Support System (NMRDSS) by the Minister of Solid Minerals Development, Dr. Dele Alake. Designed as a comprehensive software that serves as a one-stop shop for investors seeking credible and decisive information about Nigeria’s mineral resources, NMRDSS is poised to empower stakeholders and...
EFCC Arraigns Two for Possession of Solid Minerals without Licence
The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC on Wednesday, May 22, 2024 arraigned two persons for offences bordering on possession of solid minerals without lawful authority. They are Nura Lawal and Tunde Jimoh.The defendants were arraigned on one-count charge before Justice Uche Agomoh of the Federal High Court sitting in Ibadan, Oyo State. While Lawal was...
