FG revokes 924 dormant mining licences…Alake asks investors across the globe to apply for affected cadastral units
*Photo: Dr Dele Alake* The Federal Government, on Wednesday, revoked 924 dormant mineral licences. Making the announcement on Wednesday at a press conference, the Minister of Solid Minerals Development, Dr. Dele Alake declared that in line with constitutional provisions, adequate notice was given to all concerned parties through the official Gazette of the Federal Republic of Nigeria, No. 227, which was...
Gold Road exits Greenstone talks
Gold Road Resources has ended discussions with Orion Resource Partners, a global alternative investment firm, to acquire its 40 per cent stake in the Greenstone Gold Mines. The announcement comes a week after Gold Road responded to media speculation that it would acquire a substantial interest in the operation. Located in Ontario, Canada, the Greenstone Gold Mines are currently held in a joint...
There is a link between illegal mining and terrorism in Africa- President Tinubu
*Photo: President Bola Ahmed Tinubu speaking at the African High-level Meeting on Counter-Terrorism in Abuja on Monday* President Bola Tinubu has said there is a link between illegal mining and terrorism in many African countries. He stated this on Monday at the African High-level Meeting on Counter-Terrorism in Abuja. The Nigerian leader therefore emphasized that while seeking to address the root causes...
Chinese mining firm, ER-KANG eyeing Kwara State minerals, meets Gov AbdulRazaq
*Photo L-R: Gov AbdulRahman AbdulRazaq and Mr Sun Qing Rong, Managing Director of ER-KANG* A Chinese company, ER-KANG Mining Nigeria Company Limited has expressed the desire to invest in Kwara State. Managing Director of the company, Sun Qing Rong, stated this when he visited Governor AbdulRahman AbdulRazaq at Government House, Ilorin, Kwara State capital recently. Rong said they chose Kwara for their...
Alake backs Oyo’s quest for mining licences
The governor revealed that the state is poised to invest in the value chain of Lithium, gemstone, gold, and marble and has applied for mining licences to execute them. *Photo L-R: Dr Dele Alake and Governor Seyi Makinde* The Minister of Solid Minerals Development, Dr. Dele Alake has backed plans by the Oyo State Government to obtain mining licences. He spoke...
FG suspends mining activities within Obafemi Awolowo University and its environs
*Photo L-R: Director, Physical planning, Obafemi Awolowo University, Dr. Anthony Adebayo Owolabi, Director, Maintenance service, Obafemi Awolowo University, Enrg. Olawuyi Isaac Olasupo, Minister of Solid Minerals Development, Dr. Dele Alake, Vice Chancellor Obafemi Awolowo University, Prof. Adebayo Simeon Bamire, Registrar, Obafemi Awolowo University, Mr. Kamarudeen Adetunji Bakare and Head, Dept. of Geology & Geophysics, Prof. Olatokunbo Adebayo Alao, after...
Two of world’s biggest mining companies join forces to make unprecedented change in steel production: ‘We must find better ways’
Steel is among the most widely used construction materials in the world and has many advantages. Its downside is the massive amount of planet-overheating gas that is emitted during its production. Two of the biggest mining companies in the world — BHP Group Ltd. and Rio Tinto Group — are piloting a new technology that could significantly reduce the planet-overheating gas pollution produced by...
‘World’s largest’ untapped iron ore project secures $15b funding
"The Guinea Government confirmed earlier this week that Simandou shareholders have signed financing agreements, which will fund critical infrastructure like rail and ports". Rio Tinto and its partners have locked in $US15 billion ($22.94 billion) in funding for the Simandou iron ore project in West Africa. The Simandou mountain range covers more than 100km in the south-east of the Republic of...
Exploring new vistas for Nigeria`s mineral and energy resources
Across the globe, there is growing awareness regarding the need to transit from fossil fuel- dependent energy to sustainable, renewable sources. However, to achieve that there are sets of critical minerals that need to be supplied regularly to the global market. They are the agents that will make renewable energy technologies to become affordable and sustainable. Africa has these resources in...
FG Recommends Segilola Model To Miners
Photo:Minister of Solid Minerals Development, Dr. Dele Alake, (left) and MD/CEO, Segilola Resources Operating Limited, Mr Segun Lawson, during the Honorable Minster of Solid Minerials Development, Dr. Dele Alake on site tour of Segilola Gold project in Osun State, on April 4, 2024* The Minister of Solid Minerals Development, Dr. Dele Alake has advised mining companies to emulate the international...
