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FG to review all Mining licenses, Mining Act, NIOMCO

The seven-point agenda includes the establishment of the Nigerian Solid Minerals Corporation; Joint Ventures with Mining Multinationals; Big Data on specific seven priority minerals and their ...

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Orosur sets up lithium exploration JV in Nigeria

Avalon and Sibelco formalise Canadian lithium JV. Portuguese protestors stand against lithium projects. Leading innovators in lithium recovery for the mining industry. Argentina Lithium to acquire two mining properties. Digital Magazine: MINE Australia. Digital Magazine: Thematic Take. I consent to Verdict Media Limited collecting my details ...

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Latest News|MiningWeekly

29th November 2023 By: Reuters. The Indonesian Coal Mining Association (ICMA) expects the country's 2023 coal output to surpass the official target of 695-million metric tons, a group official ...

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Nigeria's Tinubu urges UN to help curb exploitation of …

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews. ... You are in Home > Mining > Latest Mining News > Mining News. ... UNITED NATIONS, Sept 21 (Reuters) - Nigerian President Bola Tinubu urged the United …

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Central Bank of Kenya says 'the allure of CBDCs is fading'

Nigeria originally launched its e-Naira for public use in October 2021, but more than a year later, only 0.5% of the country's population of 217 million citizens reported using the CBDC. As a result of the muted uptake, Nigeria instituted a demonstration policy that included limits on cash withdrawals from banks and ATMs. This led to a ...

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Nigeria vital to global green energy transition – Miners

18th August 2023. By Sami Tunji. The Miners Association of Nigeria has said that Nigeria, which has huge mineral deposits, is needed for the global transition from fossil to green energy. The ...

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Nigeria commissions Dangote refinery, seeks to end fuel …

Nigeria spent $23.3 billion last year on petroleum product imports and consumes around 33 million litres of petrol a day. Dangote's 650,000 barrels per day refinery plans to produce 53 …

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Nigeria follows China's footsteps in piloting …

Although Nigeria isn't a crypto mining country, its people are heavy crypto users. The West African country is second only to the U.S. for bitcoin trading, according to Paxful, as many Nigerians ...

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Africa News|MiningWeekly

The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments ...

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Nigeria to require mining firms to invest in domestic …

Alake said the mining industry is been modernized and the government is investing in data collection, spending more than 15 billion naira ($19.6 million) over seven years to generate mineral data ...

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Alake woos investors for Nigerian mining sector at UK …

Alake assured foreign investors of a conducive business environment and a low production cost that will enhance their profitability if they choose to invest in Nigeria, according to a statement by Kehinde Bamigbetan, the Special Adviser to the Minister. The Minister backed his claim up with recent reports by audit firm KPMG, which indicated ...

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Mining reforms in Nigeria to drive sector growth

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  • KPMGhttps://kpmg/.../nigerian-mining-sector-watch.html

    nigerian-mining-sector-watch

    WebNigerian Mining Sector Watch. 3 min read. The Nigerian economy, like that of many other countries, continue to face headwinds - from low revenue generating capacity, high …

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  • Mining Technology | Mining News and Views Updated Daily

    Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities.

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    Thor Explorations reports lower-than-expected gold …

    - Thor Explorations (TSXV: THX) announced on Tuesday that in Q3 2023, its Segilola gold mine in Nigeria produced 19,104 ounces of gold (Q3 2022: 26,500 …

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    Nigeria loses compensation bid over Glencore bribery

    Kitco News. LONDON, Oct 26 (Reuters) - Nigeria's bid to claim compensation from a British subsidiary of mining and trading group Glencore over bribes paid to officials at Nigeria's state oil company was denied by a London court on Wednesday. Lawyers representing the country told London's Southwark Crown Court that Nigerian …

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    FG, US hold talks on funding mining projects in …

    FG, US hold talks on funding mining projects in Nigeria. The Minister of Solid Minerals Development, Dr. Oladele Alake, and United States Assistant Secretary for Energy and Natural Resources ...

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    mining News — Latest On Mining — — The …

    mining News — Latest On Mining — — The Guardian Nigeria News – Nigeria and World News. Nigeria. FG sets agenda for mining investors, revokes 1,633 minerals licenses. Nigeria....

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    China beats Tesla to Nigeria's lithium riches

    In 2021, Nigeria received over $2.2 billion from the U.K., over $677 million from the U.S., and $10 million from China, official records from the National Bureau of Statistics show. Analysis from the IEA shows that to reach net zero emissions by 2050, about 2 billion EVs and hybrids need to be produced and used.

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    Punch newspapers

    Punch newspapers homepage - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics

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    Thor Explorations says its Segilola gold mine in Nigeria

    Thor Explorations is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor holds a interest in the Segilola gold project located in Osun State of Nigeria. Mining and production commenced at Segilola in 2021.

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    Thor Explorations pours first gold at its high

    The company's flagship Segilola gold project comprises a proposed open pit gold mining project based on a probable reserve of 518,000 ounces of gold grading at 4.02 grams per ton. The Segilola project Definitive Feasibility Study was completed in February 2019 and considered an open pit mine, and the construction of a new 625,000tpa ...

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    Nigeria news

    View the latest Nigeria news and videos, including politics, style and business headlines.

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    Mining reforms in Nigeria to drive sector growth

    Under the National Development Plan 2021-25, the federal government aims to increase the GDP contribution of non-oil mining activity from 0.4% in 2020 to 3% by 2025. While this is an ambitious target, Nigeria has vast mineral resources distributed throughout the country, many of which are still untapped.

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    High-grade lithium discovered in Nigeria …

    8th June 2022. By Sami Tunji. The Director-General, Nigerian Geological Survey Agency, Dr Abdulrazaq Garba, has said that high-grade lithium discovered in Nigeria has been attracting foreign ...

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    Mining: Nigeria's is one of the epicenters for the …

    Minister of Mines and Steel Development, Arch. Olamilekan Adegbite, on Tuesday, said that Nigeria is one of the epicenters of the next technological change in the mining sector.

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    A Guide To Navigating The Legal Regime Of The Nigerian Mining …

    INTRODUCTION: In view of resurging sector reforms in the Nigerian extractive sector and global rise in commodity prices, local interests in mining have since grown especially considering its potential for inter sectoral growth and increase in Nigeria's export ratio 1.Although still highly underdeveloped, the Nigeria mining sector continues …

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    Mining: Nigeria, other ECOWAS countries tasked on

    By Gabriel Ewepu, Abuja. As insecurity fuels dangerous mining activities detrimental to lives, environment and posterity, stakeholders led by Global Rights, Nigeria, and African Coalition for ...

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    Nigeria's latest lithium find: some key questions answered

    Lithium price was averagely US$2,000 per metric ton in 2002 rising to US$18,000 in 2018. For the moment the find in Nigeria simply points to the potential of Nigerian pegmatites for lithium ...

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    Nigeria

    Nigeria's presidency said the gas supply deal was signed at a business forum in Berlin between Riverside LNG project based in the Niger Delta and German company Johannes Schuetze Energy Import.

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    West Africa Mining Industry Newswire

    10 Fastest growing sectors in the Nigerian economy as of Q3 2023. Last week, the National Bureau of Statistics (NBS) released Nigeria's Gross Domestic Product (GDP) report for the third quarter of 2023. The report showed that the economy grew by 2.54% in real terms, slightly up from the 2.51% recorded in the second ….

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