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.

Original Source: www.kitco.com

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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

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The Tinubu Stakeholders Forum (TSF) has applauded the opening of Nigeria’s first mineral analysis laboratory located in Sabon-Wuse, Niger. In a statement, TSF leadership expressed that this initiative marks a significant milestones for the country’s mining sector, aligning with President Bola Tinubu’s Renewed Hope Agenda. The laboratory aims to eliminate the need for overseas mineral testing and enhances local value addition in the mining industry.

TSF highlighted that the facility, backed by the Federal Government and African Natural Resources and Mines Ltd., is equipped with advanced WDXRF technology, offering extensive geochemical services to bolster Nigeria’s global competitiveness in mining. The group commended Minister of Solid Minerals Development, Dr. Dele Alake, for his leadership in achieving this development, which promises to create jobs and foster private sector investment.

TSF urged mining stakeholders to take full advantage of this new facility, believing it would stimulate sustainable growth and enhance investor confidence within the sector, thereby overcoming operational challenges faced by mining companies.

The establishment of Nigeria’s first mineral analysis laboratory signifies a major advancement in the country’s mining sector, aiming to facilitate local mineral testing and reduce reliance on international services. This facility, part of the Federal Government’s commitment to developing the country’s natural resources, supports a broader agenda to reinforce Nigeria’s status in the global mining landscape. With its state-of-the-art technology, the laboratory intends to enhance the efficiency and efficacy of geochemical analyses necessary for mineral exploration and extraction.

The inauguration of Nigeria’s first mineral analysis laboratory is a pivotal development for the mining sector, promoting local testing and value addition. TSF believes that this facility will not only generate jobs and attract investments but also position Nigeria as an influential player in the global mining arena. Stakeholders are encouraged to collaborate with the government to maximise the potential of this resource.

Original Source: nannews.ng

The post Nigeria Opens First Mineral Analysis Laboratory to Boost Mining Sector first appeared on Nigerian Mining News.

Dele Alake, the Minister of Solid Minerals Development, has inaugurated a state-of-the-art mineral analysis laboratory operated by African Natural Resources and Mines Limited (ANRML) in Sabon-Wuse, Niger State. He highlighted the lab as a crucial asset for enhancing local value addition in Nigeria’s mining sector and reducing dependency on foreign testing facilities. Alake affirmed the lab’s alignment with the ministry’s seven-point agenda, aiming to reposition the sector and boost local capabilities in mineral testing.

The ANRML laboratory is claimed to be the first of its kind in Nigeria and is equipped to handle mineral samples that would have otherwise been sent abroad. Alake emphasized the significance of this development in establishing Nigeria as a pivotal player in the global arena of mineral analysis. He praised ANRML’s efforts and encouraged further investment in the mining sector, which aligns with President’s Renewed Hope Agenda.

Alok Gupta, the Group Managing Director of ANRML, expressed gratitude for the lab’s inauguration, reaffirming the company’s commitment to revolutionising Nigeria’s mining industry. He announced that the lab, employing advanced technology, is certified with ISO 7025 from the Canadian Association of Laboratory Abbreviations, marking it as the only such facility in Nigeria.

The establishment of local laboratories for mineral analysis is crucial for Nigeria’s mining sector, aiming to improve the efficiency and reliability of mineral testing. Current practices often necessitate sending samples abroad for testing services, which can be costly and time-consuming. The new lab strengthens Nigeria’s infrastructure within the mining industry and promotes local economic development through value addition and job creation. This initiative is part of a broader strategy to enhance the mining sector and empower the youth by creating employment opportunities.

The inauguration of the new mineral analysis laboratory in Niger represents a significant advancement for Nigeria’s mining sector. It not only facilitates local testing of minerals but also contributes to the government’s agenda of fostering economic growth through enhanced local capabilities. As the only ISO-certified laboratory in Nigeria, it positions the country as a noteworthy participant in the international mineral analysis market, encouraging further investment in the mining industry and opening avenues for youth employment.

Original Source: www.thecable.ng

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Nigeria is at a pivotal moment in its mining sector, rich in untapped resources that could drive prosperity. Addressing systemic challenges requires robust reforms, collaboration, and strategic governance. At the Nigerian Mining Week, the need for regulatory changes and stakeholder involvement was highlighted, particularly in light of the harmful effects of illegal mining in regions like Zamfara. The current model of federal control over mineral resources is ineffective; constitutional amendments are necessary to empower state authorities for better local oversight and accountability in mining operations.

The mining sector’s struggles echo a broader narrative of Nigeria’s resource management, overshadowed by illegal activities and corruption that undermine investment. To overcome this, Nigeria must embrace global best practices with constitutional reforms, enhanced data sovereignty, clear definitions of mining operations, and integrated sector strategies promoting energy solutions. With the growing global demand for critical minerals, Nigeria is positioned to enhance its partnerships and engage in initiatives that foster development.

The urgent need for governance reform in mining reflects a deeper ambition for Nigeria to transition from being resource-dependent to becoming a cornerstone of economic growth through mineral production. By confronting structural issues and aligning with global opportunities, Nigeria can redefine its potential in the mining sector. The journey involves significant commitment, coordination, and collaboration among various stakeholders to reshape Nigeria’s future through effective resource management.

The article discusses the challenges and opportunities facing Nigeria’s mining sector, particularly the need for governance reforms. Nigeria possesses vast mineral resources, yet illegal mining and mismanagement have led to economic and social degradation. The need for decentralization and local governance in mining management is emphasised, along with the country’s potential to leverage its resources for economic growth amid global shifts towards critical minerals and green energy. The author, Ola Bello, outlines the necessary structural changes to position Nigeria favourably in the global mining economy while tackling local challenges.

To transform its mining sector into a source of prosperity, Nigeria must pursue constitutional reforms, strengthen local governance, and enhance operational frameworks. Addressing illegal mining and establishing clear definitions for mining practices will lead to accountability and sustainable development. Moreover, by seizing global opportunities for strategic mineral partnerships, Nigeria can realise its potential as a leading mineral producer and overcome challenges hindering its growth.

Original Source: tribuneonlineng.com

The post Transforming Nigeria’s Mining Sector for Economic Prosperity first appeared on Nigerian Mining News.

Nigeria’s mining sector is on the verge of transformation, with abundant untapped mineral wealth offering significant economic potential. However, systemic challenges persist, necessitating comprehensive reforms, collaboration between various stakeholders, and improved governance. Recent research by Good Governance Africa highlights the detrimental effects of illegal mining and governance deficits hindering the industry. To achieve prosperity, Nigeria must decentralise control, invest in local governance, and modernise operational frameworks while also ensuring sustainability and local community benefits. Taking steps to improve transparency, redefine artisanal mining, and strengthen data sovereignty will attract international investment and foster a reliable mining environment. Furthermore, aligning the mining sector with energy strategies can enhance productivity and resilience. Nigeria has a crucial opportunity to engage with global leaders in mineral production by leveraging its resources, thus improving economic development and positioning itself strategically in the global market.

Nigeria’s mining industry is currently facing significant challenges, including illegal mining practices, ineffective governance, and lack of infrastructure. The country struggles with a highly centralised control model that stifles local capabilities, leading to widespread exploitation and underinvestment in regional development. Despite being resource-rich, Nigeria’s governance frameworks remain inadequate, preventing the sector from realising its potential and contributing effectively to national prosperity. Recent analysis has underscored the need for structural reforms and partnerships to elevate the sector’s status in a rapidly changing global economy.

To transcend its mining predicament, Nigeria must implement significant reforms, shifting control from a strictly federal focus to a decentralised model that empowers local governance. Strategies should include improving legal frameworks, strengthening accountability, and fostering strategic partnerships that capitalise on the growing global demand for minerals. By addressing core challenges within the mining sector, Nigeria can transform its resources into a cornerstone of economic growth, moving from exploitation to sustainable development.

Original Source: tribuneonlineng.com

The post Transforming Nigeria’s Mining Sector: From Challenges to Prosperity first appeared on Nigerian Mining News.

The Nigeria Mining Cadastre Office (NMCO) has raised concerns over the inadequate capacity of some mining title holders, particularly those holding multiple cadastral units. This issue, highlighted by NMCO Director General Dr Obadiah Nkom during the ninth Nigeria Mining Week in Abuja, is hindering genuine investors’ entry into the mining sector. To rectify this, a new mining regime was introduced in July, focusing on competent operators and adhering to a ‘first come, first served’ principle. Nkom noted improvements, including increased investment and the cancellation of unused licenses, affirming NMCO’s role in promoting responsible mineral resource management and supporting Nigeria’s economic diversification strategy.

The challenges faced by mining title holders in Nigeria are crucial for understanding the landscape of the mining sector. The NMCO is responsible for managing mineral rights in the country, aiming to attract investment and ensure sustainable resource management. The introduction of a new mining regime indicates an effort to address the gaps in capacity and effectively allocate titles to operators who can develop them, thereby bolstering the sector’s contribution to economic growth. This situation is particularly relevant as Nigeria seeks to diversify its economy.

The NMCO’s initiatives reflect a strategic move towards enhancing the capacity and accountability of mining title holders in Nigeria. By implementing a new regime that prioritises capable operators and the productive use of mining titles, the agency aims to attract genuine investment, ensure compliance, and contribute significantly to the nation’s economic ambitions. Ongoing improvements signal a promising future for the mining industry in Nigeria.

Original Source: nannews.ng

The post NMCO Raises Alarm Over Mining Title Holders’ Capacity Issues first appeared on Nigerian Mining News.

The Nigerian economy stands to benefit significantly from increased investment in the non-metallic mining sector, as highlighted by Mr. Afam Mallinson Ukatu. At a recent event, he urged the Federal Government to recognize the potential of this sector, which could provide abundant jobs and superior returns compared to oil investments. The mining sector is deemed underutilized and could help alleviate the current economic challenges facing Nigeria, provided policies are updated to attract more investors. Ukatu emphasised the importance of innovation and sustainability for the sector’s growth. Despite obstacles including inadequate infrastructure and regulatory challenges, there is potential for resilience and competitiveness in the industry. Similarly, discussions about Nigeria’s manufacturing sector underscored the need for a strategic repositioning to reach a $1 trillion GDP target by 2030, highlighting the importance of infrastructure and reduced production costs to foster growth.

The mining sector in Nigeria, specifically non-metallic mining, is seen as a crucial yet underdeveloped aspect of the economy that could help lift the nation out of its economic troubles. Mr. Afam Mallinson Ukatu, an expert in the field, advocates for increased governmental support and modernised policies to harness this sector’s full potential. The industrial landscape also hints at a need to enhance the manufacturing sector to not only support GDP growth but also improve job creation and economic inclusivity.

Investment in the non-metallic mining sector presents significant opportunities for Nigeria’s economic recovery and job creation. By modernising policies and focusing on innovation, the government can drive this sector forward. Additionally, the manufacturing sector requires immediate attention to achieve ambitious GDP goals. A collaborative approach involving policymakers and the private sector is crucial for fostering sustainable economic growth in Nigeria.

Original Source: www.brandtimes.com.ng

The post Investment in Mining Sector as Key to Nigeria’s Economic Recovery first appeared on Nigerian Mining News.

Nigeria recently held a three-day conference to commemorate National Mining Week as part of efforts to boost the country’s mining sector. With rising global demand for minerals, the government aims to attract investments and local processing for mined materials. Noteworthy initiatives include requiring new investors to establish local processing plants and a crackdown on illegal mining activities. Authorities have announced the deployment of the Mining Marshal Corps, with over 300 illegal miners apprehended, highlighting ongoing challenges in the sector, which currently contributes a mere 0.77% to GDP.

The Nigerian mining industry boasts over 40 mineral deposits, including tin, iron ore, lead, zinc, and gold. However, illegal exploitation and insufficient local revenue generation hinder growth. The government seeks to address these issues through improved regulations, local manufacturing incentives, and increased surveillance to combat illegal mining, which has become rampant amid security challenges in the region.

While Nigeria’s government is taking steps to foster growth in the mining sector, significant challenges remain. The push for local processing is a key strategy, but experts suggest that without serious commitment from the authorities, the sector will continue to underperform. Enhancing local revenue generation and controlling illegal mining are crucial for unlocking the industry’s potential.

Original Source: www.voanews.com

The post Nigeria’s Mining Week Highlights Efforts to Revive the Sector first appeared on Nigerian Mining News.