MAN President Appointed as Vice Chairman of EFEDCOM

The President of the Miners Association of Nigeria, Alhaji Sani Shehu, has been appointed as Vice Chairman of the ECOWAS Federation of Chamber of Mines (EFEDCOM) at its First General Assembly held in Abuja recently. The 7 countries represented at the meeting, which was hosted by Nigeria, included Ghana, Guinea, Burkina Faso, Senegal, Cote d’Ivoire …

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Luxembourg Passes Space Mining Law

The government of Luxembourg is moving forward with an ambitious plan to profit from asteroid mining by passing Thursday a law that defines the conditions companies must fulfill to obtain a licence for launching a space mining mission. The bill, approved by a vast majority (55 votes against only two), makes the tiny nation the …

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West African Mining: Stakeholders Urge Collaboration for Regional Devt.

Nigeria the Giant of Africa, recently hosted 7 West African Countries to the first General Assembly Meeting of the ECOWAS Federation of Chamber of Mines (EFEDCOM) in Abuja, Ruth Tene Natsa writes The 7 countries represented at the meeting, which was hosted by Nigeria, included Ghana, Guinea, Burkina Faso, Senegal, Cote d’Ivoire and Mali. Speaking …

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Russian Investor, others show interest in Concession of Ajaokuta Steel Plant

Federal Government on Wednesday confirmed receipt of over 10 unsolicited expression of interest from Russian and other international and local investors for the concession of Ajaokuta Steel complex, Kogi state. Official of Federal Ministry of Mines and Steel Development who disclosed this at the House of Representatives during a public hearing held at the instance …

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Miners commend govt over Inauguration of Devt. partners, Donor Agencies group

Miners under the auspices of Miners Association of Nigeria, MAN, have hailed the Federal Government over the recent inauguration of ‘Development Partners and Donor Agencies Coordination Group on Mining’ by the Minister of Mines and Steel Development, Dr. Kayode Fayemi. The National President of MAN, Alhaji Shehu Sani, said the committee, which was from the …

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No agreement on NIOMCO revoked-FG

The Federal Government has disclosed that no agreement on concessioning of the National Iron Ore Mining Company, NIOMCO, to Global Steel Holdings Limited, has been revoked as claimed by some persons. This was stated by the Permanent Secretary, Federal Ministry of Mines and Steel Development, Abbas Mohammed, who represented the Minister, Dr Kayode Fayemi, at …

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Mining Nigeria’s way to Prosperity

Against a backdrop of economic pressures in Nigeria and a need to avoid long-term over-dependence on the oil industry, Nigeria is looking to other extractive industries in order to diversify the economy, notes Doye Balogun of Mayer Brown. While 2016 was a challenging year for the Nigerian economy, 2017 has seen it bounce back to a …

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Fayemi mourns passing of Amb Maitama Sule, First Republic Mines and Power Minister

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has mourned the death of a frontline Nigerian leader and former Minister of  Mines and Power, Ambassador Yusuf Maitama Sule, who passed on Monday, July 3rd,  88, describing him as a forthright leader with a generous spirit. The late politician, who was once Nigeria’s Representative …

Tanzania Suspends Granting of New Mining Licences

Tanzanian President John Magufuli has ordered the suspension of new mining licences until further notice, further complicating an already bitter dispute between the government and miners operating in the country. The decision, which includes freezing the renewal of expired permits, comes on the heels of the passing of two bills giving the country’s the government …

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Tragedy as Ghana Mines Collapses

 At least 14 illegal miners are trapped underground in a mine in Ghana since Sunday, after an 80-metre deep pit caved due to heavy rains over the weekend. A total of 19 men are believed to have been working at the pit when the accident happened, but only five have been rescued so far, Prime …

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