African Copper Prospects Shine Amidst Global Supply Shortage
Lobito Atlantic Railway's first copper shipment from DRC to the U.S. marks a pivotal moment for Africa's role in satisfying...
Month: November 2024
Tanzania’s Ambitious Plans to Lead Africa in Mining Sector
Tanzania is set to enhance its role in Africa's mineral industry, anticipating a surge in global demand for essential resources...
Nigeria’s Mining Sector: A $700 Billion Opportunity for Global Investors
Nigeria is seeking to attract $500 million in foreign investment for its mining sector, worth an estimated $700 billion. President...
Minister Pledges to Tackle Environmental Challenges Ahead of Nigeria Mining Week
The 9th Nigeria Mining Week will address environmental issues linked to the sector, with Minister Dr. Dele Alake committing to...
Nigeria Enhances Mining Strategy: From Extraction to Value Addition
Nigeria's Minister of Solid Minerals, Dr. Dele Alake, advocates for moving beyond mineral extraction to enhance local value addition and...
Nigeria to Establish Lithium and Rare Earth Processing Plants
Nigeria is launching lithium and rare earth processing plants to diversify its economy from oil, aiming for local employment and...
Nigeria Forms 250 Cooperatives to Support Artisanal Miners and Combat Illegal Mining
The Federal Government has established 250 cooperatives for artisanal miners to combat illegal mining, aiming to shift towards formalisation and...
Nigeria to Halt Mineral Exports for Economic Value Addition
Dele Alake announced that Nigeria will stop exporting mineral resources to boost local processing and value addition. This strategy aims...
Only 1,000 of 7,141 Mining Licenses Active, Says NIMCO Director General
The NMCO has issued 7,141 mining licenses, but only 1,000 are active, revealing inefficiencies in the sector. Director General Obadiah...
Concerns Rise as Nigeria Issues 7,000 Mining Licenses with Only 1,000 Active Mines
The NMCO disclosed that although it has approved 7,000 mining licenses, fewer than 1,000 mines are active. Director General Obadiah...
