EXPLAINER: What to know about mineral exploration licencing in Nigeria
In a bid to regulate all aspects of exploration and exploitation of solid minerals in the country, the Nigerian government in 2007 re-enacted the Nigerian Mineral and Mining Act.. The step was ...
FG grants 4,000 investors mining licences
This came as the Federal Government said 4000 investors got mining licences out of over 10,000 applicants. The government described the nation's mining sector as robust, noting that more ...
Nigeria grants mining licenses to local beneficiation firms
The Nigerian government plans to grant new mining licenses to companies that submit plans for local mineral processing under developing guidelines.
Nigeria government cracks down on illegal Lithium mining …
Nigeria's government is cracking down on illegal mining, making dozens of arrests of unlicensed miners since April for allegedly stealing the country's lithium, a critical mineral used in batteries for electric vehicles, smartphones and power systems.
Nigerian Mining Sector Brief
The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN). The Minerals and Mining Regulations and the National Minerals and Metals Policy also govern the sector. The erstwhile Ministry of Mines & Steel Development (MMSD) oversaw the mining sector in Nigeria, pre-2024.
Nigerian govt revokes 1,633 mining licenses
The Federal Government on Tuesday revoked 1,633 mining titles over non-payment of annual service fees by the operators. The Minister of Solid Minerals Development, Dele Alake, announced this at a ...
Nigeria and China firms sign gold mining agreement
Japaul Gold and Ventures has signed an agreement with Xiang Hui International Mining Company Nigeria to drill, mine and process gold in the West African country. Speaking at a signing ceremony in Lagos, Jegede Paul, group chairman of Japaul Gold and Ventures, explains that the deal involves the Chinese company officials …
Mauritanian Government Grants Mining License for …
(TSXV: ALG) – "Algold" or the "Corporation" is pleased to announce that the Mauritanian government has formally consented to the granting of a mining license for the Corporation's Tijirit ...
Everything You Need To Know About The Presidential …
The Presidential Artisanal Gold Mining Development Initiative ("PAGMI") is a comprehensive artisanal and small-scale gold mining development programme, …
Nigerian, Chinese Firms Sign Agreement on Gold Mining
Japaul Gold and Ventures has signed an agreement with Xiang Hui International Mining Company Nigeria to drill, mine and process gold in the country. At the signing ceremony in Lagos, Group Chairman, Japaul Gold and Ventures Plc, Mr. Jegede Paul said the deal involves the Chinese company officials working on its sites in Benue, …
Nigerian Mining Sector Watch
Nigerian Mining Sector Watch The non-oil sector has continued to be the lifeblood of the Nigerian economy. As at the third quarter of 2022, the non-oil sector contributed 94.34% (in real terms) to
Top 22 Federal & International Business Grants for Nigeria …
Here's a list of 22 FG an International grants for small businesses in Nigeria. Use them to get started on the appropriate funding options available to you.
Egypt grants new mining exploration licences to foreign …
The Egyptian government has awarded eight new licences to foreign companies for gold and metal mining exploration.
Gold Rush: The Promise of Chinese Money Spurs …
Zimbabwe's government says China has poured millions of dollars into the gold-mining industry, but it's nearly impossible to tell whether that money makes its way to miners. Even so, the lure of Chinese-funded grants and loans has Zimbabweans unearthing increasingly more gold.
Nigeria's government licenses two gold refineries | Mining …
Nigeria's government has licensed two gold refineries to produce the metal for export and for the central bank to hold in its reserves, the mines minister has revealed.
Chinese miners invade Cameroon, exploiting gold without authorization
In a video published by Foder on the dangers of illegal mining, a farmer tells how Chinese gold miners grabbed her land and destroyed her plantation with excavators. "The Chinese entered my field and started mining gold without my …
List of States Where Gold Can Be Found in Nigeria (2024)
Gold mining in Nigeria has been a significant economic activity, contributing to the country's overall mineral wealth. ... individuals and companies must obtain mining licenses from the relevant government authorities. The process for obtaining these licenses involves several steps: ... the MCO grants the mining …
Arrests and attacks: tracking China's illegal mining in African
In addition to mining issues in Nigeria and Namibia, the Democratic Republic of Congo has banned six Chinese businesses operating in South Kivu for illegally extracting gold and other minerals. Before this, according to the ET, 33 Chinese nationals were detained in Ghana in 2019 for engaging in illegal gold mining activities.
NIGERIAN MINERALS AND MINING ACT
co-operate on behalf of the Federal Government with other Governments and international agencies in respect of matters relating to Nigeria's mineral resources; (t) do such other things as are reasonably necessary or expedient for the perform- ance of his functions under this Act; and (u)
Chinese Gold Miners Fuel Insecurity in Nigeria
Illegal gold mining is a growing problem in Nigeria that is benefiting terrorist groups, causing violence and increasing pollution. Residents of mining areas blame …
FG Plans Mining Licence Fees Increment To Boost Revenue
The federal government has announced plans to review rates of mining licenses and other sundry fees payable by operators in the country. Dele Alake, minister of solid minerals development, made this known during a consultative meeting with stakeholders in the mining industry in Abuja. Alake said the review is imperative to …
Illegal mining by Chinese actors complicates Nigeria's …
In August 2023, the Akwa Ibom State Government closed down an illegal mining company operated by Chinese nationals for the firm's inability to provide …
PAGMI: A Factsheet on Gold Mining Licensing and Revenues …
How are mining licenses issued, and is PAGMI transferring the rights of the Federal Government to the States? Under the Nigeria Minerals and Mining Act, the …
How Chinese prospectors exploit local miners to cash in on Nigeria's gold
The Chinese are largely behind the smuggling of gold out of Nigeria, a lucrative venture which has resulted in the loss of billions of dollars in revenue for the Federal Government.
Thor to build Nigeria's first large-scale gold mine
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 ...
PROCEDURE FOR OBTAINING A MINING LEASE IN NIGERIA …
The requirements for obtaining mining lease in Nigeria and other requisite licenses may be cumbersome, but engaging a professional, such as legal any practitioner that has the knowledge of the enabling Act with experience in processing mining leases or licenses could be of a great assistance in expediting and simplifying the process.
Nigeria Mining Cadastre Office | Home
The Nigeria Mining Cadastre Office (NMCO) was established in 2007 with the responsibility for the Administration and Management of Mineral Titles in Nigeria in accordance with Section 5 (1) of the Nigerian Minerals and …
Arrests and attacks: tracking China's illegal mining in African …
While Africa makes billions from Chinese investment in its mineral-rich countries, exploitation and illegal mining activities have become part of the deal.
LEGAL FRAMEWORK FOR MINING IN NIGERIA- A GUIDE TO NIGERIAN MINING …
However, every entity, either domestic or foreign, that chooses to invest in the Nigeria mining sector must do so by obtaining a requisite mining lease in Nigeria, or mining license in Nigeria or export permit. Mining sector, just like oil & gas sector, has various categories of leases and licenses applicable to it.