International Mining And Resources Conference (IMARC) with 93 nations as affiliates with head office in Melbourne, Australia, are holding talks with the ministry of Mines and Steel Development for broadening the investment capacity of half a dozen strategic minerals available in Nigeria through the instrumentality of the International Mining And Resources Conference.
The minister of State for Mines and Steel Development, Hon Abubakar Bawa Bwari who hosted the delegation from IMARC at the Nigerian Meeting Room inside the Business Centre, venue of the 16th Mines and Money Conference in London said the meeting was needful in view of the present administration’s policy to diversify the economy through the solid minerals sector.
According to him, Nigeria had to leverage on the conference in London to enlarge her frontiers in the area of wooing investors into the solid minerals sector. “We are looking forward to using this conference to leverage on the various potentials and investment possibilities that abound in Nigeria. Our level of mining will determine where investors and promoters can come in. As you know the government of Nigeria is committed to the diversification of the economy through the solid minerals. The renewed vigour is aimed at trying to change from over reliance on oil and gas to making Nigeria a mining destination. In doing this we are ready to partner with interests, conferences and international firms that will address issues that could help reposition Nigeria on the world’s mining map.”
He said part of the challenges being faced by sector is the difficulty of convincing investors based on the discovery of oil. “Nigeria was first known as a mining nation before the advent of oil. Since oil was discovered attention shifted from mining which explains the reasons we we use conferences like this to network with those in the sector internationally because as we speak Nigeria is a mineral nation and not yet a mining destination.” The minister told his guests.
Mike Hill, the Global Head of Mining Sales for IMARC said they sought to meet with the minister to key into the International Mining And Resources Conference because it is a larger conference with 93 countries as participants.
He said the conference is broader with huge exposure ideal for the kind of mileage Nigeria desires for robust networking with big players within the mining industry.
The team which visited the minister with the idea to key into IMARC Conference are involved in building and marketing brands or elevating existing ones.