Ghana Signs $10 Billion Bauxite Project Agreement With China

Ghana signed an agreement with China that may culminate in the development of a $10 billion bauxite venture that will include the construction of alumina refineries and railway infrastructure, according to a senior government official. The two countries agreed to a memorandum of understanding in which China will provide funding for the project to exploit …

MMSD Management Meeting Holds on 4th July

This is to invite all Directors and Heads of Agencies of Ministry of mines and steel development  to the 5th Management meeting scheduled as follows. Date: 4th July, 2017 Venue: Minister’s Conference Room, MMSD Complex, #2 Luanda Crescent Wuse II. Abuja Time: 10am Prompt. Attendance is mandatory . Signed: H.O Davies Director PRS For:Permanent Secretary

Examining CDA Enforcement and Development in Mining Communities

Community Development Agreement (CDA) are agreements reached between host mining communities and mining communities to provide some socio-infrastructures to aid in the economic, social and general development of the host community. RUTH TENE NATSA writes on the need to enforce them. The absence of a viable community development agreement denies host communities of economic and …

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Nigeria Missing on $20b Global Miners’ Profit Chart

The PricewaterhouseCoopers (PwC’s) “Mine 2017 Report” has put the aggregate net profit of the world’s 40 largest listed mining companies at $20 billion (about N6.29 trillion). But, Nigeria, with its over 44 mineral deposits, is missing out. Experts blame it on the government’s failure to implement the mining sector roadmap. They warn that further delay …

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UNIDO to Develop Action Plan on Use of Mercury in Mining

The United Nations Industrial Development Organization, UNIDO, has concluded arrangement to help Nigeria develop a National Action on Mercury Use in artisanal and small-scale gold mining. Minister of Mines and Steel Development, Dr. Kayode Fayemi disclosed this at inauguration of Development Partners and Donor Agencies Coordination Group on Mining in Abuja, said this would grow …

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FG Moves to Stop Diversion of Explosives

The ministry of mines and steel development has commenced a review of the 1964 explosive act in the bid to curb illegal usage of explosives in the country. Speaking with NAN, Olayinka Oyebode, special assistant on media to Kayode Fayemi, minister of mines and steel development, said the ministry is working with the office of …

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Nigeria Solid Mineral Management Regime Insufficient-Report.

As Nigeria seeks to develop its solid minerals sector as a means to diversifying it’s economy, a Gap Analysis Report has described the Nigeria mineral management regime as sound but insufficient. This was the outcome of the draft Report,presented at a one day validation workshop organised by the Ministry of Mines and Steel Development in …

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FG Inaugurates Donor Agencies in Mining Sector

Determined to maximise supports of international bodies and foreign governments in ensuring sustainable growth in the mining and mineral sector, the Federal Government at the weekend inaugurated the Development Partner and Donor Agencies Coordination Group on Mining. The forum would serve as a platform where development partners and donor agencies meet to review, coordinate and …

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