FCT Minister visits largest quarry in West Africa
Photo:FCT Minister, Barrister Nyesom Wike (3rd left) with the Coordinator of Abuja Metroplotan Management Council, Hon Felix Obuah (2nd left) and other senior officials of the FCTA during the Minister's tour of Zeberced Quarry in Abuja on Saturday. Minister of the FCT, Barr. Ezenwo Nyesom Wike on Saturday August 14, 2024 visited the Zeberced Limited Quarry, the biggest Quarry in...
Women in Mining’s Gold and Gemstones Exhibition excites jewelers, fashonistas, mining stakeholders
The third edition of the African Gemstones and Jewelry Exhibition and Conference (AGJEC) promises to foster business growth, enhance skills and create opportunities for local businesses to participate in the mining value chain to contribute to a more diversified economy, organisers of the event have said. The AGJEC, which holds in Lagos from the 26th to 28th of September, is...
Price of Gold soars to all-time high of $2,600 per ounce
The price of gold reached an all-time high on Friday, soaring above $2,600 per ounce as global investors continue to seek safe-haven assets. Spot gold prices rose 1.13% to a record high of $2,609.8 per ounce before pairing some gains. Prices were up roughly 4% for the week and 23% so far this year, exceeding the 13% advance registered for...
Nigeria Mining Week confirms new November date, Abuja venue
The Nigeria Mining Week conference and expo returns to Abuja for its ninth editionfrom 18 to 20 November 2024. This landmark gathering of mining pioneers, investors,regulators, suppliers and service providers in the region’s burgeoning extractive industrywill take place at the Abuja Continental Hotel in the Nigerian capital. The organisers of the event had to change the dates and the...
Nasarawa Governor unlocks more lithium riches with historic agreement
*Photo: Governor Abdullahi A. Sule and parties to the agreement* Nasarawa State Governor, Engr. Abdullahi A. Sule, has witnessed the signing of a landmark Cooperation Agreement between Nasarawa Mining Company and Ganfeng Mining Company. The 10-year renewable agreement grants Ganfeng the rights to exploit lithium on behalf of the state government within the 1.5 Cadastre Unit allotted by the Federal Ministry...
One killed as illegal miners attack MI Wushishi estate in Minna, vandalise vehicles
The Police Command in Niger has confirmed the attack on MI Wushishi Estate, Minna by persons suspected to be illegal artisan miners operating near the estate. The command’s Public Relations Officer (PPRO), SP Wasiu Abiodun, confirmed the incident to newsmen in Minna. Abiodun said that “on Tuesday at about 1400hrs, a distress call was received that suspected illegal miners, miscreants and...
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...
