ALSCON: FG signs Renewed Share Purchase Agreement with UC Rusal

….agreement ends decade of legal tussle with BGI Group …..Russian firm now core investor of smelting company        The Federal Government has given official recognition to Messrs UC Rusal, a Russian Company, as the core investor of the Aluminium Smelter Company of Nigeria (ALSCON) Ikot Abasi, Akwa Ibom State, following the signing of the Renewed Share …

World Bank trains more MDAs staff on Mineral Resources Decision Support System

The Ministry of Mines and Steel Development in conjunction with the World Bank have commenced an advanced training for some selected staff of the Ministries, Departmental Agencies (MDAs) on Nigeria Mineral Resources Decision Support System (NMRDSS). The week-long  training which is taking place at the Digital Bridge Institute, Abuja is being coordinated by the Mineral …

‘Why Solid Minerals Fund was restructured’

The Federal Government has restructured its Solid Minerals Development Fund (SMDF) to accommodate more operators and deepen participation in the sector. An aide to the Minister of Solid Minerals, Mr Yinka Oyebode, said the government rigged access to the fund to enable more operators would benefit from it. He said the sector is developing, noting …

Fed Govt tackles reduction of mercury use

The Federal Government is set to develop a National Action Plan (NAP) to reduce mercury use, Ministry of Mines and Steel Development Permanent Secretary, Dr Abdukadir Muazu, has said. He made this known at a workshop on National Comprehensive Analysis of Artisanal and Small Scale Gold Mining Sector in Abuja. The event was aimed at …

FG is working to reduce mercury use in Nigeria – Perm Sec

The Federal Government says it is working assiduously to develop a National Action Plan (NAP) to reduce the use of Mercury in Nigeria. Dr Abdukadir Muazu, the Permanent Secretary, Ministry of Mines and Steel Development, said this in Abuja at a workshop for National Comprehensive Analysis of Artisanal and Small Scale Gold Mining Sector. The …

Video: Mining in Nigeria – Episode 1

The weekly Television programme Mining in Nigeria made its debut broadcast on Nigerian Television Autority (NTA) on Thursday 11th January, 2018. If you missed the broadcast, kindly find a preview here. A preview edition will be published on this platform Weekly. Click here to watch

Eta Zuma Inaugurates Coal Production Plant

In the bid to curtail the use of firewood and deforestation in Nigeria, Eta Zuma West Africa Group on Thursday inaugurated the production and sale of coal briquettes as alternative fuel for home use. The Group Managing Director of the company, Mr. Innocent Ezuma, said at the inauguration of the plant in Ankpa, Kogi State that the …

Taming Rampaging Illegal Miners

The mining sector’s contribution to the economy is gradually inching up, remitting over N3.5 billion to the federation account in 2017. However, stakeholders are worried over activities of illegal miners, who may reverse the modest gain recorded by the sector. ABDULWAHAB ISA reports The mining sector recorded a modest gain ever in 2017, a feat, …

“Mining in Nigeria” Television Programme Debuts on NTA, Channels Tv”

In line with its objective of providing strategic information on investment opportunities, government policies, regulatory issues, as well as general activities in the Nigerian mining sector to industry stakeholders, investors  and the general public, the Ministry of Mines and Steel Development, will commence airing of a weekly TV programme on the Nigerian Television Authority (NTA) …