An in-depth look at the current state of mining in Nigeria
Thor Explorations' Segilola gold project in Osun state is expected to be a game changer in the industry as the facility aims to mine and produce gold ore. More recently, the Nigerian government has licensed gold refineries to produce the metal for export and for the Central Bank of Nigeria to become an off-taker, buying at international ...
Gold Mining in Nigeria
Gold mining in Nigeria reached its peak in the period 1935–1941 but since 1950 has been. generally limited to very small scale alluvial workings. The major gold metallogenic provinces in Nigeria are; Maru, Anka, Bin Yauri and Tsohon Birnin Gwari in the north-western region, and Okolom-Dogondaji and Iperindo in the south-western …
Gold Mining in Nigeria
Gold Mining in Nigeria: Overview & Prospects. Eventually, gold mining resumed in the 1960s, but rapid development did not happen and it was further stalled by the Civil war between 1967 and 1970. But in the 1980s, there was a rebirth of precious metal mining as a result of the efforts of the Nigerian Mining Corporation (NMC). …
Gold & the goddess: How mining polluted Nigeria's sacred …
How mining polluted Nigeria's sacred Osun river. Ilesha, Nigeria - In his early twenties, Simeon Abolarinwa did the grown-up thing of making a curriculum vitae for the first time. At the bottom ...
Mining reforms in Nigeria to drive sector growth
Nigeria's mining sector is entering a new phase following the Covid-19 pandemic, with greater government support and a growing role as an important generator of export earnings amid post-pandemic economic recovery. Many of Nigeria's mineral resources remain unexploited, with considerable potential in gold, precious and semi-precious …
Nigeria bets on new gold project to attract more miners
The project ramped up production in late 2021 and is located about 155 miles from the commercial hub of Lagos. Nigeria has sizable untapped deposits of …
Institutional Capacity Assessment Report Nigeria
Artisanal and small-scale gold mining in Nigeria 3 The Minamata Convention on Mercury in Nigeria 4 Nigeria's executing agencies 4 2 Objective and questions 5 3 Methodological framework 7 Institutional dimensions: measuring institutional capacity 8 Priority areas: linking capacity with topical issues 9 ...
Nigerian Mining – Progress, but still a long way to go
Globally, the mining industry is experiencing a boom as there is an increase in the need of critical minerals and new mining technologies, the Nigerian Mining is not left out in this change, this document highlights the progress made and the steps to …
Nigeria's Gold Mining Initiative Enrols Over 11,000 Artisanal …
Nigeria's Presidential Artisanal Gold Mining Initiative (PAGMI) has made significant strides in formalising the country's gold mining sector. Launched four years ago by then-President Muhammadu Buhari, PAGMI has now successfully enrolled 11,547 artisanal and small-scale miners (ASMs), marking a major advancement in integrating …
Mining in Nigeria: Challenges, opportunities, and prospects
Mining in Nigeria | Nigeria, often referred to as the "Giant of Africa," boasts a diverse range of natural resources, including a wealth of minerals. ... Nevertheless, Nigeria is rich in mineral resources such as coal, limestone, tin, gold, and tantalite, among others. Artisanal and small-scale mining (ASM) activities have been prevalent in ...
Mining in Nigeria: Challenges, opportunities, and …
Diversification of the economy: Mining in Nigeria presents an opportunity for Nigeria to diversify its economy away from over-dependence on oil and gas revenues. Developing this sector can create …
Gold mineralization in Nigeria
Nigeria's officially documented gold production began in 1913 and reached its peak between 1933 and 1943, when roughly 1.4t of gold was produced. Due to abandoned of mines by largely colonial businesses, gold production dropped as the Second World War was ongoing and never recovered. The Nigerian Mining …
Nigerian Mining Sector Brief
Nigeria is endowed with vast reserves of natural resources such as energy minerals like coal and lithium, metallic minerals like gold and lead-zinc and industrial minerals like limestone and barite. The country was a major …
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.
Nigeria bets on new gold project to attract more miners
Carved from forested hills by excavators and explosives, Nigeria's only industrial gold mine yielded 98,000 ounces of the precious metal last year — a key step in the efforts of Africa's ...
Niger state mine collapse: Thirty trapped in Nigeria
Dozens of gold miners are trapped underground after a pit collapsed in central Nigeria. The incident happened on Monday after heavy rainfall in Niger state but news was slow to emerge because of ...
Mine pit collapse in central Nigeria kills one, traps 30
A mining pit collapse in Galkogo village of Niger State in central Nigeria killed one person and left 30 others trapped, the state's emergency agency said on Tuesday.
POTENTIALS OF GOLD MINING AND …
Gold mining in Nigeria is a source of income and economic growth, with an important role in. supporting sustainable socio-economic development of the people, host community and the nation.
Dozens remain trapped after a gold mine collapses in …
Updated 7:52 AM PDT, June 6, 2024. YOLA, Nigeria (AP) — Rescuers searched Thursday for dozens of workers who were trapped when a gold mine collapsed in northcentral …
Segilola Shines As Nigeria's Leading Gold Mining Company …
LAGOS – Segilola Resources Operating Limited (SROL), an exploration and gold mining company, whose flagship project, the Segilola Gold Mine, is Nigeria's inaugural commercial large-scale gold ...
THE NIGERIAN MINING SECTOR: AN OVERVIEW
The decline of mining in Nigeria was as a result of two major reasons; the discovery of oil in 1956, and the introduction of the indigenization Decree of 1972. This decree led to the establishment of the Nigerian Mining Corporation (NMC) and the Nigerian Coal Corporation (NCC) with specific mandates ( Mallo 2003).
Gold Occurrence in Nigeria | Ministry of Mines and Steel …
E-Services provided by Ministry of Mines and Steel Development TOLL FREE: 080 0020 00300 +234 908 740 4761, +234 908 740 4762, +234 908 740 4763 [email protected] Register Login
Top Gold Mining Companies in Nigeria
After the discovery of oil in Nigeria in 1956, the attention was shifted to oil exploration while mineral resources suffered from neglect. Also, the Civil War(1967- 1970) led to ex-pat mining experts leaving the country and …
Nigerian Mining Sector Brief
Energizing the Nigerian Mining Sector and Placing Nigeria on the Global Mining Map Legal and Regulatory Framework Types of Mineral Titles and Licences 2.1 Coal 9 2.2 Bitumen 10 2.3 Limestone 10 2.4 Iron-Ore 10 2.5 Barites 11 2.6 Lead-Zinc 11 2.7 Gold 11 2.8 Other Emerging Strategic Minerals 12 5.1 Taxes, Royalties and Fees 20 5.2 Fiscal ...
Thor Explorations marks first gold hit at Nigerian mine
Earlier this week, Canadian gold exploration and development company Thor Explorations Ltd announced its success in pouring the first gold from its Segilola mine …
Artisanal and Small-Scale Gold Mining in Nigeria
Unlike countries such as Ghana and Burkina Faso, Nigeria does not have a well-developed large-scale mining sector, and the majority of gold mining in the country is carried out by artisanal and small-scale miners. Artisanal mining activities in Nigeria are almost by definition informal – that is, operating outside current laws and regulations.
Thor Explorations to build Nigeria's first large-scale gold mine
The study, said Thor, envisions construction beginning in the second quarter of the year, for an 18-month period. Construction at Segilola, poised to become Nigeria's first large-scale gold mine ...
Nigerian Government Explains It's Gold Mining (PAGMI) …
The Presidential Artisanal Gold Mining Development Initiative ("PAGMI") is a comprehensive artisanal and small-scale gold mining development programme, launched in 2019 to foster the formalization and integration of artisanal gold mining activities into Nigeria's legal, economic, and institutional framework.
The Nigerian Mining Sector In 2023
These sort of reports on banditry and insurgencies across several mining States have discouraged foreign investors from participating in the Nigeria mining sector. Former Minister of State Mines and Steel Development, Uchechukwu Ogah, disclosed that Nigeria has in the past six years lost revenue estimated at $5 billion to the smuggling of …
Osun hosts Nigeria's largest gold mining company — Oyetola
Osun is host to Nigeria's only large-scale commercial gold mine, facilitated by a Canadian-listed gold developer, Thor Explorations and its local subsidiary, Segilola Resources Operating Limited.