Top 10 Ways to Make Mines More Environmentally Friendly

1. Closing illegal and unregulated mines In context with enforcing regulations and maintaining steadfast legislation regarding a mine’s behavior and processes, the strict and swift closing of illegal or unregulated mining activity will set an environmental precedent within the industry. For example, before 2010, most mines in China were completely unregulated when it came to the …

Key highlights from Investing in African Mining Indaba 2018

Investment With roughly the same number of people as China or India, the African continent continues to present a number of opportunities for our clients and the firm, especially in the extractive and energy sectors. There was a continued sense of confidence at the Mining Indaba and a focus on new opportunities. Over the last …

Cobalt to be declared a strategic mineral in Congo

Democratic Republic of Congo will declare cobalt and coltan, used in electric vehicle and renewable energy technology, as “strategic” minerals which will earn the country higher royalties, an advisor to the prime minister said on Wednesday. A new mining code was signed into law on Friday by President Joseph Kabila despite vigorous opposition by global …

How MinDiver project will transform Nigerian mining sector – Engr. Frank Odoom

Engr. Frank Odoom is the Deputy Coordinator of the World Bank-assisted Mineral Sector Support for Economic Diversification Project, MinDiver. In this exclusive interview with Francis Kadiri, the COREN-registered engineer who stands tall for his contributions to the war against illegal mining in Nigeria, as exemplified in 2013 when he served as the Task Team Leader …

AJAOKUTA

Executive and Legislature must be on the same page to make progress  Just when Nigerians had thought that the resolution of the legal crisis between the Federal Government and the erstwhile concessionaires of Ajaokuta Steel – Global Steel Holding Limited (GSHL) – would herald a fresh start for the moribund steel complex, the National Assembly …

A few good wins and a final lap in 2018

Although at a slow pace, inflation experienced a downward trend this year. The positive base effects against the monthly baskets in 2016 played a major role in the steady slowdown; improved fx liquidity also contributed and this was particularly visible in the trend of imported food prices. However, general food price inflation remained stubbornly high …

Egypt looks to play key role in driving integration in Africa

The Africa 2017 Forum has wrapped up in the Egyptian resort city of Sharm el Sheikh with a clear message of intent from President Al Sisi to bring Africa closer together. Egyptian President Abdel Fattah El Sisi hosted five African heads of state and top business leaders from across the continent. The Heads of State …

Analysis of Q3 2017 FAAC Disbursements and Mid-year Budget Implementation

Nigeria earned no revenue into her Federation Account from its solid minerals sector in the first nine months of 2017, a quarterly review of revenues that went into the account by the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed. The quarterly review contained information on disbursements made to the three tiers of government federal, …