Mining in Nigeria EP 6: Potentials in the Gemstone Industry

This episode of Mining in Nigeria focuses on the Gemstones industry in Nigeria. Mining in Nigeria shows on Nigerian Television Authority (NTA) DSTV Ch 251, every Thursdays, 10-10:30am and Channels Television (DSTV Ch 254), every Wednesday by 7.30pm. If you missed the broadcast, click on the link below to view Click  here

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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ERGP Focus Labs Identify $22.5bn Investment Opportunities

The first phase of the Nigerian Economic Recovery and Growth Plan (ERGP) Focus Labs has identified 165 projects spread over the six geo-political zones of the country with a total potential investment worth $22.5 billion and 513,981 jobs by 2020. The federal government also disclosed that out of this amount, $10.9 billion worth of private …

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Fayemi Greets Muslim at Ramadan

The Minister of  Mines and Steel Development and Governorship Candidate of the All Progressives Congress (APC) in Ekiti State, Dr Kayode Fayemi, has congratulated Muslims in Ekiti State and Nigeria in general as they commence another season of Ramadan. Dr Fayemi, in a goodwill message to the Muslim Umah said the Ramadan season offers faithful a …

Thor Explorations aims to lead Nigeria’s new mining pack

LONDON (Reuters) – Canada-listed junior miner Thor Explorations (THX.V) aims to bring Nigeria’s first large-scale gold mine online in early 2020, its CEO said, as the West African country seeks to diversify its economy away from oil and gas. Following the commodity price crash of 2015-16, the World Bank in April 2017 said it was …

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22 Countries to Grace Nigeria’s 2018 Mining Week

Not less than 22 countries, 100 mine exploration companies, 40 exhibitors and sponsors will be expected to attend the third Nigerian 2018 Mining Week. The event, which is expected to take place from October 2018, with the theme: “Nigeria Mining Week; Enabling and Promoting Global Mining Practices Through Good Governance and Resources Mobilisation”, will provide …

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Perm Sec Commends ASCL on Reactivation of Company’s Thermal Power Plant

The Permanent Secretary, Ministry of Mines and Steel Development, Dr. Abdulkadir Mu’azu, has commended the Ajaokuta Steel Company Limited (ASCL) on the reactivation of the company’s Thermal Power Plant which has been down for some time now. Mu’azu, in a statement on Tuesday by the ministry, gave the commendation during his working visit to inspect …

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What does the ‘rise of the machines’ mean for Africa?

Barry Elliott, Rockwell Automation Rockwell Automation Sub-Saharan Africa Managing Director Barry Elliott considers the possible impact of the Internet of Things in Africa. Will automation, artificial intelligence and robotics – or as it’s been called, the ‘rise of the machines’ – really reduce the value of people and their roles as meaningful contributors to society? …

Fayemi Predicts Industrial Revolution

…as MTI, Onitsha matriculates 270 students MINISTER of Solid Mineral Resources, Dr Kayode Fayemi, has said that Nigeria is going through technological revolution that will eventually lead to industrial revolution, adding that for the country to sustain the substantial growth in its technological revolution, there is need to train young men and women in the …

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