Nigeria has lifted a five-year suspension on mining activities in Zamfara state, allowing exploration to resume in a region rich in gold, lithium, and copper. The ban, imposed in 2019 due to rising violence from bandit attacks, crippled the local mining sector. Minister of Mines and Steel Development, Dele Alake, attributed the lifting of the ban to enhanced security measures. These improvements are expected to help formalise the mining industry and contribute to government revenues as illegal mining had escalated during the suspension.

Zamfara’s mining potential is significant, but it has suffered from rampant insecurity and illegal activities amidst the ban. The Nigerian government aims to diversify its economy, heavily reliant on oil exports, by strengthening the mining sector, which currently contributes less than 1% to GDP. Initiatives include revoking inactive mining licenses, establishing a national mining company with foreign investment, and limiting unprocessed mineral exports. Recent agreements with international partners further aim to enhance Nigeria’s mining capacity.

The mining sector in Nigeria has faced substantial setbacks due to security issues, especially in Zamfara state, a key mining region. The 2019 suspension of mining exploration was a response to rampant banditry and violence that compromised safety and regulatory compliance. With the current government under pressure to diversify the economy from oil dependency, revitalising the mining sector presents a vital opportunity for economic growth and stability.

The lifting of the ban on mining explorations in Zamfara is a pivotal step towards restoring order in the mining sector, contributing to economic diversification and enhancing state and national revenues. With improved security and international collaboration, Nigeria aims to transform its mining industry, which could play a significant role in the national economy moving forward.

Original Source: www.chemanalyst.com

The post Nigeria Resumes Mining in Zamfara After Five-Year Suspension first appeared on Nigerian Mining News.

Nigeria has reinstated mining operations in Zamfara state following a five-year ban due to improved security conditions. The ban was initially imposed in 2019 after persistent bandit attacks in the region. Mining Minister Dele Alake remarked that enhanced security measures have reduced insecurity levels, enabling the mining sector to contribute more significantly to the national economy. Zamfara is rich in gold, lithium, and copper, which, once exploited legally, could augment Nigeria’s revenue.

Zamfara state, located in northwestern Nigeria, has vast natural resources, including gold, lithium, and copper. The state faced significant challenges due to insecurity from banditry, prompting the government to impose a mining ban in 2019. As Nigeria seeks to diversify its economy—currently heavily reliant on oil—it aims to bolster its mining sector, which contributes less than 1% to the GDP. Recent reforms and international collaborations aim to attract investments and enhance productivity in this sector.

The lifting of the mining ban in Zamfara represents a strategic move by the Nigerian government to revitalise its mining sector. With improved security and ongoing international partnerships, Nigeria hopes to increase its economic contributions from mining and reduce its over-dependence on oil revenues.

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The post Nigeria Restarts Mining in Zamfara State Following Improved Security first appeared on Nigerian Mining News.

Nigeria’s mining activities in Zamfara state have resumed after a five-year ban due to improved security conditions. The ban was initially implemented in 2019 because of rampant bandit attacks, which severely affected legitimate mining operations. Mining Minister Dele Alake noted that security forces have made significant progress in reducing crime, paving the way for legal mining operations to start again. Zamfara is rich in minerals like gold, lithium, and copper, and the government aims to enhance the mining sector’s contribution to the economy, which currently stands at less than 1% of the GDP.

To attract investors, the Nigerian government has enacted reforms including the return of unused mining licences, allowing investors majority stakes in new mining companies, and strict regulations against illegal mining. Additionally, it has signed agreements for capacity-building support with countries including France, Germany, and Australia, seeking to upgrade its mining industry’s skills and efficiency. The Nigerian government is keen on diversifying its economy away from an oil dependency, leveraging its wealth of natural resources.

Zamfara state has significant deposits of valuable minerals such as gold, lithium, and copper. In 2019, the Nigerian government suspended mining operations due to escalating violence and insecurities caused by bandit attacks in the region. The recent lifting of this ban suggests that security forces have managed to achieve a level of stability that allows for the resumption of safe mining activities, indicating a shift towards enhancing the economic contributions of the mining sector in Nigeria, amidst ongoing efforts to diversify the economy.

The lifting of the mining ban in Zamfara signifies a positive development for Nigeria’s economic diversification efforts. With security improving, the government is focusing on strengthening the mining sector’s contribution to GDP, which has historically been negligible. Through various reforms and international collaborations, Nigeria is positioning itself to attract investment and enhance its mining capabilities, moving away from an over-reliance on oil.

Original Source: www.timeslive.co.za

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The Nigerian government has officially lifted its 2019 ban on mining in Zamfara State, citing improved security conditions. Minister Dele Alake has emphasised the state’s significant mineral wealth, including gold, lithium, and copper, and the government’s commitment to regulating mining to prevent illegal operations. This policy shift is expected to increase national revenue while promoting sustainable growth in the mining sector.

In 2019, a ban was imposed on mining activities in Zamfara to address rampant insecurity and illegal mining. Following notable improvements in the state’s security situation, the government decided to lift the ban, recognising Zamfara’s potential for rich mineral resources, which can significantly contribute to the economy. The renewed focus on regulation aims to curb illegal mining, enhance revenue collection, and attract investment in the sector.

The lifting of the mining ban in Zamfara is a crucial development for Nigeria’s economy. Not only does it aim to control illegal mining, but it also seeks to unlock the state’s mineral resources for national gain. The government’s additional plans for 2025 further indicate a commitment to creating a more sustainable and investor-friendly mining environment.

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The post Nigerian Government Lifts Zamfara Mining Ban to Harness Economic Potential first appeared on Nigerian Mining News.

Nigeria has reinstated mining exploration in Zamfara state following a five-year ban, attributed to improved security measures. Mining Minister Dele Alake announced that the decision comes after significant reductions in insecurity, promising to enable Zamfara’s valuable resources, including gold and lithium, to contribute more significantly to national revenue. During the ban, illegal mining had flourished, undermining legitimate operations and state resources.

To stimulate investment in its mining sector, which currently accounts for less than 1% of Nigeria’s GDP, the government is implementing several reforms. These include revoking inactive mining licences, allowing a 75% investor stake in a new national mining company, and enforcing stricter regulations against illegal mining. Nigeria has also begun international collaborations to enhance its mining capabilities, signing a training agreement with France. Alake emphasised the need for global support for further technical and financial assistance, referencing previous partnerships with Germany and Australia.

The mining sector in Nigeria has faced significant challenges due to security issues, particularly in the northwestern state of Zamfara, which is rich in minerals like gold and lithium. The government had to suspend mining activities in 2019 due to rampant banditry and illegal mining. As part of an economic diversification strategy away from oil dependence, Nigeria aims to develop its mining sector, which requires improved security, regulatory reforms, and international cooperation.

The lifting of the mining ban in Zamfara marks a significant step towards enhancing Nigeria’s mining sector and increasing its economic contributions. With investments, regulatory reforms, and international partnerships, Nigeria aims to leverage its mineral wealth while tackling the past issues of insecurity and illegal mining practices. The focus on technical assistance and capacity building highlights the country’s commitment to revitalising this important industry.

Original Source: www.mining.com

The post Nigeria Resumes Mining in Zamfara State After Security Improvements first appeared on Nigerian Mining News.

The Nigerian Government has officially lifted the five-year prohibition on mining operations in Zamfara State. Minister of Solid Minerals Development, Dele Alake, announced this decision, attributing it to substantial improvements in the state’s security situation. With Zamfara rich in gold, lithium, and copper, the government aims to enhance economic activities that had been negatively impacted by illegal mining operations during the ban. Alake noted the enhanced security efforts have led to a decline in violence, enabling a safer environment for mining. Moreover, he emphasised that the new measures will allow for improved regulation and oversight, ensuring that the nation benefits maximally from Zamfara’s mineral wealth. The Minister also reassured that a recently discussed agreement with France focused solely on training and capacity building for local mining experts.

The ban on mining in Zamfara was first imposed in 2019 due to escalating security threats from banditry and illegal mining activities that led to violence and loss of resources. Zamfara State is noted for its rich mineral deposits, making the lifting of the ban significant for Nigeria’s economy. The government aims to balance resource extraction with safety and regulation following several improvements in security measures undertaken by security agencies.

The lifting of the mining ban in Zamfara marks a crucial step in revitalising the state’s economy and harnessing its mineral resources. With improved security and a focus on regulating the mining sector, Nigeria is poised to benefit economically. The government’s assurance regarding international agreements further underscores its commitment to developing the mining industry responsibly.

Original Source: newscentral.africa

The post Nigeria Lifts Five-Year Ban on Mining in Zamfara State After Security Improvements first appeared on Nigerian Mining News.

The signing of the mining pact between France and Nigeria presents an opportunity for Nigeria to harness its mineral resources for economic diversification while strengthening ties with France. Although the pact can facilitate investment, technical expertise, and advanced technologies, Nigeria must navigate its complexities carefully due to regional tensions and historical grievances against France in West Africa. For Nigeria, the mining sector is a potential economic driver, but vigilance is essential to prevent exploitation and ensure local communities benefit significantly.

Nigeria’s dependency on oil has stifled its economic growth, thus, the mining industry, rich in resources like gold and tin, holds promise for diversification. Partnering with France, a leader in mining technology, could enable Nigeria to build a modern industry that generates jobs and attracts foreign investment. Yet, Nigeria’s recent experiences with military governments and accusations against France of neocolonialism linger, necessitating a cautious approach.

Lessons from the Niger Delta underscore the need for robust regulatory frameworks to guard against exploitation. Clear regulations should emphasize transparency, fairness, and sustainability to protect local interests. Developing local capacity in mineral processing and management is crucial; Nigeria must not overly rely on foreign expertise, as community involvement ensures shared benefits and stable relations.

France’s advanced technology could help monitor and regulate mining practices, averting resource conflicts similar to those experienced in the oil sector. However, it is paramount that these technologies are managed by local institutions to prevent manipulation. Furthermore, combating corruption is essential to secure Nigeria’s economic future, and collaboration among various government agencies can aid in addressing issues of illegal mining and smuggling.

The France-Nigeria mining pact aims to exploit Nigeria’s rich mineral resources as a means to diversify its economy, reduce dependence on oil, and strengthen diplomatic relations with France. While presenting an opportunity for economic growth through mining, the deal comes with risks due to historical tensions in West Africa regarding France’s alleged neocolonial practices. Both nations face the challenge of ensuring that this partnership leads to sustainable development without repeating past exploitative patterns seen in other resource-rich countries.

To maximise the benefits of the France-Nigeria mining pact, Nigeria must adopt a cautious yet strategic approach. Prioritising community involvement, regulatory integrity, and capacity building are fundamental to prevent the pitfalls of past resource exploitation. By asserting its sovereignty and maintaining rigorous oversight, Nigeria can transform this collaboration into a beneficial venture for its people and the economy.

Original Source: www.thisdaylive.com

The post Navigating Opportunities and Risks: The France-Nigeria Mining Pact first appeared on Nigerian Mining News.

The Federal Government of Nigeria and France have entered an agreement aimed at developing joint projects to enhance the value chain of critical minerals in the solid minerals sector. These minerals, including copper, lithium, nickel, cobalt, and rare earth elements, are vital for clean energy technologies. This collaboration is expected to lead to the remediation of over 2,000 abandoned mining pits in Nigeria, significantly improving safety following recent tragedies involving pit collapses that claimed 65 lives.

The Memorandum of Understanding (MoU) was signed during President Bola Tinubu’s official visit to France. It encompasses cooperation in research, training, and student exchanges between France and Nigeria to foster knowledge transfer. Sustainable mining practices will be a priority, with initiatives designed to minimise environmental impacts, including reduced carbon emissions and water consumption.

Furthermore, the partnership involves establishing joint extraction and processing projects, supported by both public and private sector funding. The Nigerian Minister of Solid Minerals Development, Dr Dele Alake, highlighted that this agreement aligns with the Tinubu administration’s goals to enhance the international competitiveness of the mining sector, attracting French investments.

This agreement between Nigeria and France is strategic, focusing on the critical minerals essential for clean energy, such as lithium and cobalt. With the increasing global emphasis on sustainability in mining practices, the partnership is poised to address the pressing issues of environmental degradation and safety in mining operations. Recent mining disasters in Nigeria highlight the urgent need for enhanced safety measures and community-focused initiatives, making this agreement particularly timely and significant for both nations.

The collaboration between Nigeria and France marks a crucial step towards advancing the solid minerals sector while ensuring sustainable practices and safety improvements. The MoU paves the way for enhanced research, training, and investments, contributing to the local economy and addressing critical environmental concerns. This partnership exemplifies international cooperation aimed at fostering innovation and sustainability in the mining industry.

Original Source: punchng.com

The post Nigeria and France Collaborate on Sustainable Mining Initiatives first appeared on Nigerian Mining News.

The Nigerian government has refuted allegations claiming it has surrendered mining rights to France, following President Bola Tinubu’s visit to France which resulted in a Memorandum of Understanding (MOU) aimed at enhancing collaboration in the mining sector. Sunday Dare, the president’s Special Adviser on Media & Public Communication, stated that the MOU focuses on joint efforts in research, training, and sustainable mining practices, denying any loss of sovereignty over Nigeria’s natural resources. Furthermore, he emphasised that the agreement seeks to reduce the environmental impact of mining while promoting economic development and diversifying critical minerals value chains within both countries.

Following Nigeria’s signing of an MOU with France to enhance the mining sector, there were widespread rumours suggesting that this agreement entailed a transfer of control to France. Such claims raised concerns about Nigeria’s sovereignty over its mining rights, prompting a need for clarification from government officials. The MOU is intended to create beneficial partnerships that advance the mining industry without compromising Nigeria’s interests or resources, highlighting the importance of international cooperation in developing critical minerals.

The Nigerian government has made it clear that it has not relinquished its mining rights to France despite the recent MOU. The agreement primarily aims at fostering collaboration in mining practices while maintaining Nigeria’s sovereignty over its resources. Officials have reiterated that the focus is on sustainable practices and enhancing the industry’s economic potential, dispelling any concerns of foreign domination in Nigeria’s mining sector.

Original Source: newscentral.africa

The post Nigeria Refutes Claims of French Takeover in Mining Sector first appeared on Nigerian Mining News.

The Nigerian Presidency has clarified that France is not taking control of Nigeria’s mining sector following President Bola Tinubu’s recent visit to France. During the visit, a memorandum of understanding (MoU) was signed, aiming to foster collaboration on joint projects to expand both nations’ critical mineral value chains. Tinubu’s Special Adviser, Sunday Dare, reassured that Nigeria retains its mining rights and complies with international standards that govern such agreements. “The French are not taking over. Nowhere in the document was it agreed or suggested that Nigeria has signed away mining rights to the French,” Dare stated, refuting widespread misconceptions.

The discussions between Nigeria and France arise from a growing global focus on critical minerals necessary for clean energy technologies, such as lithium and cobalt. The partnership aims to enhance the mineral value chains, reflecting Nigeria’s effort to integrate its solid minerals sector into the global economy. This initiative also aligns with international standards in the mining sector, reinforcing Nigeria’s sovereignty in resource management while attracting foreign investment.

In summary, the Nigerian Presidency has asserted that France will not take over Nigeria’s mining sector following a recent MoU. The agreement focuses on joint development of critical minerals without compromising Nigeria’s rights. The clarifications serve to dispel misinformation regarding French involvement in Nigeria’s mining activities.

Original Source: dailypost.ng

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