Mar 17, 2021 in Business News, Spotlight. Nigeria has found gold along the Abuja-Nassarawa axis, through the National Integrated Mineral Exploration Project (NIMEP), a programme undertaken by the Ministry of Mines and Steel Development. This was disclosed by the Minister, Olamilekan Adegbite via a statement issued and seen by Nairametrics, during the visit ...
Jul 15, 2020 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.
Nov 30, 2020 This was announced by Etore Thomas, director of press in the ministry while signing of the expression of interest agreement in a statement in Abuja.. The statement said: “Messrs La Mancha Incorporated, a leading Luxembourg Incorporated Private Gold Development and Mining Company in Cairo, Egypt, has signed an Expression of Interest Agreement with Ministry of Mines and Steel …
Sep 08, 2021 The Senate will on Monday commence a three-day public hearing on illegal mining and gold smuggling and the attendant losses of about $9 billion yearly to Nigeria…
Sep 08, 2021 The Senate will on Monday commence a three-day public hearing on illegal mining and gold smuggling and the attendant losses of about $9 billion yearly to Nigeria…
Sep 05, 2021 The governor of Osun State, Adegboyega Oyetola, says that gold mining will assume the position of crude oil in the economy of the state shortly. Mr Oyetola expressed optimism in Abuja on Sunday when he featured at the flagship interview session of the News Agency of Nigeria…
Jul 27, 2020 Gold, being a leader in the precious metals market, gets overpriced when the price of crude oil falls. According to the Nigeria Mining Growth Roadmap, Nigeria’s gold reserve is …
Mar 17, 2021 in Business News, Spotlight. Nigeria has found gold along the Abuja-Nassarawa axis, through the National Integrated Mineral Exploration Project (NIMEP), a programme undertaken by the Ministry of Mines and Steel Development. This was disclosed by the Minister, Olamilekan Adegbite via a statement issued and seen by Nairametrics, during the visit ...
Jul 20, 2021 A UK-based firm, Aurelia Mining Limited, has concluded plans to invest a total of $100m in gold mining in Nigeria. Aurelia’s Director, Julian Hammond, revealed this when he led a delegation on a courtesy visit to the Minister of Mines and Steel Development, Olamilekan Adegbite, on Monday in Abuja, Nigeria’s capital.
Apr 07, 2021 Chinese companies are working in Nigeria on projects such as mining, railways, airports and roads. Photo: Shutterstock. Gunmen have kidnapped two Chinese workers from a gold mining …
Sep 01, 2021 Thor Mining announces Alford East drill results Tuesday 31 August 2021 12:15. The directors of Thor Mining Plc have advised of further significant copper and gold intercepts from the recently completed initial diamond drilling programme at the Alford East Copper-Gold …
Jul 17, 2020 ABUJA, Nigeria. President Muhammadu Buhari said Thursday that the government is set to reform gold mining that will produce a revenue of $500 million annually. Buhari said …
Jul 15, 2020 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.
Nov 16, 2020 Nigeria’s gold reserves in 2020 total a paltry 21.5 tonnes. This contrasts with the U.S. figure of 8,000 tonnes, by far the highest in the world; followed by Germany with 3,500 tonnes.
Jul 19, 2020 Artisanal and small-scale gold mining (ASGM) has long been practiced in Nigeria and around the world. Strengthened by historically high gold prices, a lack of viable alternative livelihoods, and a ready, if expensive, supply of mercury, there has been a resurgence of ASGM activities in northern Nigeria in recent years.
Jul 27, 2020 While presenting the locally mined gold bars by the Presidential Artisanal Gold Mining Development Initiative, President Muhammadu Buhari disclosed that Nigeria lost about $3bn to the smuggling of gold between 2012 and 2018. Aside from gold, Nigeria is also endowed with about 43 other minerals now lying untouched in various parts of the country.
Jul 17, 2020 Expressing his excitement at the new milestone, Buhari said Nigeria lost $3 billion to illegal smuggling of gold between 2012 and 2018. However, the president added that improved gold mining ...
Dec 09, 2020 The Senate on Wednesday in an adopted motion urged the Executive arm of government to initiate investigations into illegal mining of gold in Zamfara and other gold endowed states across Nigeria.
Jul 17, 2020 Expressing his excitement at the new milestone, Buhari said Nigeria lost $3 billion to illegal smuggling of gold between 2012 and 2018. However, the president added that improved gold mining ...
Sep 08, 2021 After Sen. Kalu's Motion, Senate To Investigate Illegal Exportation Of Gold Worth $9bn YearlyAs the country grapples with dwindling revenue, Senate has concluded plans to begin a 3-day public hearing to investigate the yearly loss of $9billion as a result of illegal mining and smuggling of Gold out of Nigeria.
Jan 04, 2021 British company begins gold mining in Nigeria. Panthera Resources Plc, A British firm, reportedly has unveiled that Moydow Holdings Limited (Moydow), its associated company has commenced drilling at its Paimasa Project in Nigeria. The diversified gold exploration and development company which has its based assets in India and West Africa told ...
Jul 15, 2020 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.
Jun 16, 2020 The mining of large untapped mineral deposits in the area, especially gold which has strategic importance and economic value, is at the root of community violence. The government’s ban of artisanal gold mining in Zamfara State and across the region, and the deployment of soldiers to enforce the ban since April 2019, have yielded few results.
Nov 30, 2020 Gold mine By Gabriel Ewepu – Abuja. A Gold investor, Messrs La Mancha Incorporated, has expressed interest in Nigeria’s Gold industry and …
Gov. Adegboyega Oyetola of Osun says that gold mining will assume the position of crude oil in the economy of the state in the near future. Oyetola expressed the optimism in Abuja on Sunday when he featured at the flagship interview session of the News Agency of Nigeria, known as “NAN Forum.’’
Sep 11, 2021 The Senate in Nigeria is set to begin a three-day public hearing on illegal mining and gold smuggling and the attendant losses of about US $9 billion Saturday, September 11 2021 Current News
Jul 17, 2020 ABUJA, Nigeria President Muhammadu Buhari said Thursday that the government is set to reform gold mining that will produce a revenue of $500 million annually. Buhari said 250,000 people would be employed with new steps to be taken in the gold mining sector.
Sep 01, 2021 Thor Mining announces Alford East drill results Tuesday 31 August 2021 12:15. The directors of Thor Mining Plc have advised of further significant copper and gold intercepts from the recently completed initial diamond drilling programme at the Alford East Copper-Gold …
Apr 20, 2020 Di Nigeria goment say di 12.5kg gold bar - wey Central Bank of Nigeria (CBN) don buy - meet di London Bullion Market Association (LBMA) standard, wey …
Jan 04, 2021 British company begins gold mining in Nigeria. Panthera Resources Plc, A British firm, reportedly has unveiled that Moydow Holdings Limited (Moydow), its associated company has commenced drilling at its Paimasa Project in Nigeria. The diversified gold exploration and development company which has its based assets in India and West Africa told ...
