Azobu: Right policy, investment in critical infrastructure crucial to solid minerals exploitation

Advisory Partner and Mining Leader at Pricewaterhousecoopers (PwC) Nigeria, Cyril Azobu, told ROSELINE OKERE that replacing crude oil with solid minerals as economic mainstay will take years of consistent efforts to get the policy environment right, investing in critical infrastructure and creating a sector that will be more attractive to investors. He also emphasised the need for indigenous …

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Group Decries Poor Inclusion of Women in Sector Activities

A non-profit organisation, Women in Mining Nigeria (WIMIN), has lamented the low inclusion and limitations of women in the operations of the mining sector in the country. President, WIMIN Janet Adeyemi while delivering her opening remarks at the organisation’s maiden meeting in Abuja, stated that the organisation has agitated for so long to be accommodated …

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Minister Advocates for Gender Equality in the Mining Sector

Minister of Mines and Steel Development, Honourable Abubakar Bawa Bwari has advised the public to embrace gender equality and female participation in the mining sector as a strategy towards realising key objectives of the roadmap for the growth and development of the mining industry Speaking at a workshop organised by the Artisanal and Small Scale …

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MMSD Collaborates with Stakeholders to End Lead Poisoning

As part of the efforts to ensure the success of the 2nd International Conference on Lead Poisoning, the Ministry of Mines and Steel Development (MMSD) is collaborating with stakeholders and relevant Ministries in putting together an action plan that will bring about the eradication of lead poisoning in Nigeria. The Permanent Secretary of the Ministry; …

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Warri, Itakpe rail gauge will commence operations July – Fayemi

The former Minister of Mines and Steel Development has revealed plans to commence operations on the Warri Itakpe rail gauge in July. Speaking at the valedictory briefing of the Minister of Mines and Steel Development, Dr. Kayode Fayemi said, “within the next two months, the Warri Itakpe rail gauge which have been completed will commence …

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Fayemi resigns amid eulogies, emotions

…. lauds Buhari’s visionary leadership, support for mining sector …..gives stewardship account Minister of Mines and Steel Development, Dr Kayode Fayemi, formally announced his resignation from the federal cabinet on Wednesday with profound appreciation of President Mohammadu Buhari’s visionary leadership and prioritization of the mining sector. Dr Fayemi’s resignation, which was approved by the President, is …

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MMSD Strategises on achievement of SMDF Mandate

As part of the efforts to streamline the activities of the Solid Mineral Development Fund (SMDF) and support its operations in order to enable it deliver on its mandate, the Ministry of Mines and Steel Development has organised a two-day interactive meeting with the Board Members and Management of the SMDF to enable it present …

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A Steel Factory Gears Up to Start Production. After 40 Years

(Bloomberg) — On a hot April morning, workers are furiously cleaning a decorative fountain in front of the executive office of Nigeria’s largest steel complex. An onsite power plant is being repaired by electricians. Others around the 39-year-old facility are clearing brush. In the middle of it all, administrator Abdul-Akaba Sumaila is meeting in turn …

Mining and Quarrying sector record 14.85% Growth for Q1

First Quarter GDP report released by the National Bureau of Statistics, NBS, reveal that mining and quarrying sector grew by 14.85%  from 10.7%  in Q4 2017, and 22.64%  in Q3 2017. The first quarter GDP results just released by NBS is a clear indication of better days for the Nigerian mining industry which  is experiencing a …

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Gold 2048: The next 30 years and the role of Africa

Emerging markets, such as Africa, have been behind the biggest economic shift in recent times. In terms of purchasing power parity, they lifted their share by nearly 23 percentage points to 58.7% between 1980 and 2017, according to the World Bank. India’s share was comparable to China’s 30 years ago, but it is a more humble 7.2% today. …

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