Nigeria to grant mining licences only to companies that process locally
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on Thursday.
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Visit: 92
Nigeria to require mining firms to invest in domestic processing
Mining News Pro - Nigeria is toughening up licensing rules for foreign mining companies to push them to boost processing and refining of metals like lithium and zinc within the country, its minister of mines said on Tuesday.
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Visit: 169
Nigeria to require mining firms to invest in domestic processing
Mining News Pro - Nigeria is toughening up licensing rules for foreign mining companies to push them to boost processing and refining of metals like lithium and zinc within the country, its minister of mines said on Tuesday.
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Visit: 139
Nigeria to pay $496 million to settle claims over steel plants
Mining News Pro - Nigeria has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Ltd following the termination of a contract to upgrade the country’s steel plants, the presidency said on Saturday.
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Nigerian billionaire plans to dig platinum mine in Zimbabwe
Mining News Pro - Bravura Holdings, owned by Nigerian billionaire Benedict Peters, has $1-billion available for the development of a platinum mine in Zimbabwe, its country manager said.
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Visit: 688
Nigerian oil-services firm Japaul seeks $70 million to switch to mining
Mining News Pro - Japaul Oil & Maritime Services Plc, a Nigerian petroleum-services company, plans to raise 27 billion naira ($70 million) in a share offer in November to fund its switch to mining as crude exploration and production activities wane.
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Visit: 668
Nigerian oil-services firm Japaul seeks $70 million to switch to mining
Mining News Pro - Japaul Oil & Maritime Services Plc, a Nigerian petroleum-services company, plans to raise 27 billion naira ($70 million) in a share offer in November to fund its switch to mining as crude exploration and production activities wane.
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Visit: 668
Nigeria moves to capture illegal gold sales to increase reserves
Mining News Pro - Nigeria plans to stem illegal gold exports worth hundreds of millions of dollars a year to boost the country’s foreign reserves.
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Visit: 639
Thor to build Nigeria’s first large-scale gold mine
Mining News Pro - Canada-listed junior miner Thor Explorations (TSX-V:THX) has decided to move forward with its Segilola project in Nigeria, poised to become the country’s first large-scale gold mine, as it has secured all the funding needed for the $98-million project.
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Visit: 594
Thor moves to build Nigeria’s first large-scale gold mine
Mining News Pro - Canada-listed junior miner Thor Explorations has decided to move forward with its Segilola project in Nigeria, poised to become the country’s first large-scale gold mine, as it secured all the funding needed for the $98-million project.
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Visit: 561
Nigeria: Why Investors Own 100% of Mining Projects - Bwari
Mining News Pro - Abuja — Minister of State for Mines and Steel Development, Abubakar Bawa Bwari, has said that investors now own 100 per cent of mining projects in the country, as stipulated in the Minerals and Mining Act 2007.
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Visit: 1038
Nigeria: Why Investors Own 100% of Mining Projects - Bwari
Mining News Pro - Abuja — Minister of State for Mines and Steel Development, Abubakar Bawa Bwari, has said that investors now own 100 per cent of mining projects in the country, as stipulated in the Minerals and Mining Act 2007.
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Visit: 1161
Nigeria: Reps to Investigate Alleged Missing N8 Trillion Mining Revenue
Mining News Pro - The House of Representatives on Thursday, resolved to investigate alleged loss of N8 trillion from leakages and illegal mining of gold and other solid mineral resources in the country.
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Visit: 960
Nigeria: Solid Mineral Revenue Hits N262 Billion in Nine Years
Mining News - Abuja — Total revenue from the solid mineral sector in Nigeria in the past nine years stands at about N262 billion, maintaining a slow rise from N8.1 billion in 2007 to N65.7 billion in 2015.
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Visit: 960
Nigeria: Roadmap - `Mining Sector Contributes N3 Billion to Economy`
Mining News Agency- Jos — The Chairman of the Mining Implementation and Strategy Team (MIST), Professor Gbenga Okunlola, has said that the mining sector has raised the nation`s revenue profile from N600 million to N3 billion since the approval of the mining roadmap 18 months ago.
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Visit: 956