AFRICA MINERALS STRATEGY - Nigerian Mining News https://nigeriamining.today Wed, 04 Dec 2024 19:29:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 https://nigeriamining.today/wp-content/uploads/2023/10/Screenshot-2023-10-31-at-19.14.10-150x150.png AFRICA MINERALS STRATEGY - Nigerian Mining News https://nigeriamining.today 32 32 Nigeria Invites Global Investment in Mining through Digital Geo-Data Platforms https://nigeriamining.today/2024/12/04/nigeria-invites-global-investment-in-mining-through-digital-geo-data-platforms/ Wed, 04 Dec 2024 19:29:39 +0000 https://nigeriamining.today/2024/12/04/nigeria-invites-global-investment-in-mining-through-digital-geo-data-platforms/ Nigeria’s Minister of Solid Minerals Development, Dele Alake, encourages global investment in the mining sector […]

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Nigeria’s Minister of Solid Minerals Development, Dele Alake, encourages global investment in the mining sector through new digital geo-data platforms. At the Mines & Money Conference, he presented three key platforms aimed at providing comprehensive geological insights to improve transparency and efficiency in mining operations. His message focuses on attracting partnerships to develop Nigeria’s substantial mineral resources, particularly for critical minerals.

Nigeria’s Solid Minerals Development Minister, Dele Alake, has urged global investors to utilise the country’s new digital geo-data platforms for accessing information on its abundant mineral resources. Speaking at the Mines & Money Conference in the UK, he highlighted three key platforms: the Nigerian Mineral Decision Support System (NMRDSS), the Electronic Mining Cadastral (EMC+), and the National Geo-Data Centre. These platforms aim to enhance investment opportunities by providing vital geological insights and improving transparency in mineral title applications.

Alake explained that the NMRDSS offers users an analytical view of mineral occurrences and related data, which helps in making informed mining decisions. Furthermore, EMC+ optimises administrative processes for mining titles, ensuring efficiency for remote applications. He is committed to continued funding for geological research to improve these digital resources, noting that they support Nigeria’s goal of becoming a major supplier of critical minerals like lithium and rare earth elements.

The minister emphasised that developing accurate geoscientific data is crucial for transitioning to a sustainable green economy, encouraging major mining companies to partner with Nigeria in harnessing its mineral wealth. He concluded by expressing optimism for potential partnerships, stating, “The future of Nigeria’s solid minerals is brimming with promise… Our doors are open to partnerships, and we invite you to join us on this transformative journey.”

The article discusses Nigeria’s efforts to attract foreign investment in its mining sector through enhanced access to digital geo-data platforms. Solid Minerals Development Minister Dele Alake announced these initiatives during the Mines & Money Conference, aiming to showcase Nigeria’s mineral wealth and promote transparency in mining operations. By leveraging digital tools, the government seeks to position Nigeria as a significant player in the global minerals market, particularly for critical materials needed for sustainable technologies.

In conclusion, Nigeria is actively seeking global investment in its mining sector by promoting new geo-data platforms that facilitate access to comprehensive mineral information. The government’s commitment to enhancing geological research and developing efficient digital tools is aimed at attracting foreign mining companies. The minister’s call for partnerships underscores the potential for significant growth in Nigeria’s solid minerals industry and its role in the green economy.

Original Source: punchng.com

The post Nigeria Invites Global Investment in Mining through Digital Geo-Data Platforms first appeared on Nigerian Mining News.

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