The World Gold Council (WGC) on Thursday published a set of guidelines for gold miners designed to encourage high environmental and ethical standards. The guidelines are the latest industry code of conduct responding to rising pressure from consumers, NGOs and governments to ensure the gold market is free from criminality, rights abuses and benefits local …
Nigeria is no doubt very rich in mineral resources, which have been largely untapped because of barriers to investment. While the federal government believes it is on course to transform the country into a mining destination, Kingsley Nwezeh looks at suggestions by the Nigeria Extractive Industry Transparency Initiative (NEITI), in its latest report, on ways …
The solid minerals sector has been a long neglected one but the new drive towards diversification has rekindled interest in the sector, Anna Okon writes The commercial value of Nigeria’s solid minerals has been estimated to run into hundreds of trillions of dollars. It is also estimated that Nigeria could earn $40bn annually from gold …
Costing about $225,000, the new plant is expected to be rapidly repaid and will also allow scalability for future expansions. Symbol Mining Ltd (ASX:SL1) has entered into a formal contract for the construction of a density separation processing plant at its high-grade zinc and lead Macy Project in Nigeria. The contract includes procurement and commissioning and …
THE recent seizure of about N1.12 billion worth of gold about to be smuggled abroad grabbed media headlines. The Economic and Financial Crimes Commission, in intercepting the illegal gold shipment that was being smuggled through the Abuja airport to Dubai, United Arab Emirates, uncovered a syndicate of smugglers and refocused attention on the dominance of …
While mining is nothing new, with archeologists finding evidence that the history of mining goes back to the ancient world, it is rare these days to find mines that have continued to produce on a commercial scale. Here are some of the oldest mines still in operation. 1. Khewra salt mine Dating back as far …
Hon Abubakar Bawa Bwari is the Minister of State for Mines and Steel Development. In this interview bares his mind on the reforms in the mines and steel sector urging Nigerians, the business community and banks to show more interest and seek understanding of the sector in order to take advantage of the potentials available …
Nigeria’s ambitious plans to expand its non-fuel minerals sector are becoming more deeply meshed with the country’s strategic industry development agenda, minister of state Abubakar Bawa Bwari has told Mining Journal, as the Muhammadu Buhari government tries to build real longterm prosperity and jobs for the massive youth element of a population that could be the …
Why is it that Africa, which hosts some of the most abundant mineral and energy resources in the world, is not fully benefitting from this wealth? A significant share of recent new investments for mineral and energy resource exploration and development has been in Africa and this needs to contribute directly to the inclusive prosperity …
Exclusive interview with Tim Wither, CEO of Symbol Mining, bronze sponsors at the upcoming Nigeria Mining Week in Abuja in October. “We are building a reputable, safe and trusted mining company in Nigeria, and hope to raise awareness of Nigeria’s potential as a mineral resource producer.” Let’s start with some background on Symbol Mining and your …