Indigenous Mining Company Recognised as Top Gold Miner – Punch Newspapers Rewrite
The recent 8th Nigerian Mining Week in Abuja placed the spotlight on Segilola Resources Operating Limited (SROL), an indigenous exploration and gold mining firm. The company has made significant strides with its flagship project, the Segilola Gold Mine, which marks Nigeria’s inaugural large-scale commercial gold mine.
The event, focused on the theme “Capitalising on Nigeria’s Critical Mineral Resources for Economic Growth,” highlighted the influential role that SROL has played within Nigeria’s mining sector. The company has received commendation from government officials and stakeholders for its various initiatives.
During the event, it was evident that the Ministry of Solid Minerals Development is committed to revitalising the mining sector. Minister Dr. Dele Alake expressed President Bola Tinubu’s unwavering support of the resolutions made by stakeholders. This collaborative effort aims to steer Nigeria’s economy towards a greater reliance on solid minerals, shifting away from its traditional dependence on oil.
Dr. Alake emphasised that Nigeria is rich in critical minerals that are in high global demand, stressing the need for meticulous strategies to ensure the comprehensive exploration, exploitation, and management of these resources. It was highlighted that the government cannot tackle this task alone, necessitating partnerships within the industry.
Furthermore, the Minister reiterated the Federal Government’s commitment to elevating the status of solid minerals to surpass the contribution of crude oil to the nation’s Gross Domestic Product. The event led to significant and productive dialogues that resulted in innovative approaches to implementing government policies. These dialogues are expected to foster mutually beneficial partnerships between the government and industry stakeholders.
Chris Omo-Osagie, the Chief Financial Officer of Thor Explorations Limited (SROL’s parent company), highlighted the critical role of partnerships as a catalyst for unlocking Nigeria’s vast mining potential. The event showcased the importance of collaboration and cooperation in advancing the mining industry. This recognition of SROL’s pioneering initiatives serves as a testament to the company’s vision and commitment to propelling Nigeria’s mining sector forward.
This recognition further solidifies SROL’s position as a top player in the industry, marking a significant milestone in the advancement of Nigeria’s mining landscape. The innovative approaches and strategic partnerships developed during the event are poised to drive sustainable growth and development in the country’s mining sector, aligning with the government’s vision for economic diversification and prosperity. As Nigeria continues to tap into its rich mineral resources, the recognition of indigenous firms like SROL is a testament to the potential and opportunities that lie within the country’s mining industry.
