Nigeria and South Africa have signed a Memorandum of Understanding (MoU) to enhance cooperation in the mining sector, with a focus on investment, knowledge sharing, and technology transfer. This agreement was formalised in Abuja by Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, Mr Gwede Mantashe.

Under the Nigeria–South Africa Bi-National Commission, the MoU outlines specific collaboration areas and schedules for joint activities in mining. It aims to foster ongoing discussions to enhance intra-African trade and implement practical strategies.

Key initiatives include capacity building in advanced geological methods, the use of UAVs, and spectral remote sensing for mineral exploration. Additional efforts will involve sharing geoscientific data, training in mineral processing, and enhancing value addition.

The MoU also encompasses capacity building in elemental fingerprinting using LA-ICP-MS and joint exploration of mineral resources in Nigeria. Alake highlights the agreement’s potential to drive industrialisation, job creation, and sustainable economic growth across Africa.

He asserts that the collaboration will promote knowledge exchange and investment while benefiting from South Africa’s technology to diversify Nigeria’s economy and attract investments for long-term stability.

The Nigeria-South Africa mining cooperation agreement marks a significant step towards strengthening ties in the mining industry. By focusing on knowledge exchange, technology transfer, and investment, both countries aim to bolster their mining sectors and stimulate economic growth. Key collaborative areas include advanced geological methods, training, and joint exploration, highlighting the potential for mutual benefits in the long run.

Original Source: nannews.ng

The post Nigeria and South Africa Enhance Mining Cooperation with New Agreement first appeared on Nigerian Mining News.

Nigeria and South Africa have established a mining partnership by signing a Memorandum of Understanding (MoU), aimed at strengthening bilateral relations through the Nigeria–South Africa Bi-National Commission. The agreement was signed by Dr Dele Alake and H.E. Gwede Mantashe, focusing on cooperation and implementation timelines in the mining sector.

Dr Alake described the agreement as crucial for collaboration in mining, highlighting the potential to advance industrialisation and job creation in Africa. He emphasized that the MoU will facilitate technology transfer, investment promotion, and capacity building within the sector.

Key highlights of the MoU include:
– Capacity building in geological applications with UAVs
– Use of Remote Sensing Technologies for exploration
– Sharing geoscientific data via Nigeria Geological Survey Agency
– Training on mineral processing and value addition
– Capacity building on Elemental Fingerprint Technology
– Exploring Agro and Energy Minerals in Nigeria

Dr Alake expressed Nigeria’s commitment to developing its mining industry and leveraging South Africa’s mining expertise for mutual benefits like investment and skills development.

H.E. Mantashe noted that South Africa’s economy relies heavily on mining and aims to assist Nigeria in revitalising its mining sector, ensuring productive cooperation on joint projects. Both ministers committed to ongoing collaboration to enhance intra-African trade and meet the MoU objectives.

The MoU signed between Nigeria and South Africa marks a significant step in mining collaboration, aimed at leveraging each country’s strengths for mutual benefit. Key areas of focus include technology transfer, training, and exploration of minerals, facilitating economic growth and job creation in Africa. Continued cooperation is expected to bolster trade and achieve the goals outlined in the agreement.

Original Source: leadership.ng

The post Nigeria and South Africa Form Strategic Mining Partnership for Growth first appeared on Nigerian Mining News.

Nigeria and South Africa have furthered their mining partnership by signing a Memorandum of Understanding (MoU) during a bilateral meeting between Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, H.E. Gwede Mantashe. This collaboration aims to enhance bilateral relations and focus on the vital mining sector, presenting opportunities for industrialisation and sustainable growth across Africa.

The MoU covers several aspects, including:
– Capacity building in geological applications using Unmanned Aerial Vehicles (UAVs).
– Utilisation of Multi- and Hyper-spectral Remote Sensing Technologies for mineral exploration.
– Sharing of geoscientific data via the Nigeria Geological Survey Agency (NGSA).
– Training on mineral processing and value addition.
– Exploration of agro and energy minerals in Nigeria.

Alake expressed that Nigeria’s wealth in minerals can benefit from South Africa’s mining expertise, paving the way for investment and skills development. Meanwhile, Mantashe noted that South Africa can gain significantly from Nigeria’s renewed interest in its mining sector.

The renewed partnership between Nigeria and South Africa through the MoU signing reaffirms their commitment to economic cooperation in mining. By focusing on knowledge transfer, technology sharing, and capacity building, both nations aim to enhance their mining sectors, boost intra-African trade, and ultimately drive sustainable growth and job creation across the continent.

Original Source: blueprint.ng

The post Nigeria and South Africa Strengthen Mining Partnership with MoU first appeared on Nigerian Mining News.

Nigeria and South Africa have signed a Memorandum of Understanding (MoU) aimed at enhancing bilateral cooperation in the mining sector. This agreement is a significant milestone in the Nigeria-South Africa Bi-National Commission’s initiatives and was formalised in a meeting in Abuja between Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and South Africa’s Minister of Mineral Resources, H.E. Gwede Mantashe.

Dr. Alake highlighted the historical and economic ties rooted in mutual respect, noting the potential for the mining collaboration to create jobs, foster industrialisation, and contribute to sustainable growth in Africa. He stated that the MoU focuses on areas such as technology transfer, investment promotion, and regional integration, envisioning substantial benefits for both nations.

Key features of the MoU include:
– Capacity building using Unmanned Aerial Vehicles (UAVs)
– Use of Multi- and Hyper-spectral Remote Sensing for mineral exploration
– Sharing geoscientific data via the Nigeria Geological Survey Agency (NGSA)
– Training on mineral processing and value addition
– Capacity building on Elemental Fingerprint Technology using LA-ICP-MS
– Exploration of Agro and Energy minerals in Nigeria.

Dr. Alake stressed Nigeria’s commitment to revitalising its mining sector, highlighting the potential for South African expertise to leverage Nigeria’s mineral wealth for mutual economic benefit. Minister Mantashe expressed that South Africa stands to gain from Nigeria’s mining revitalisation and aimed to solidify agreements that benefit both countries.

The MoU signing included various officials from both countries, ensuring a collaborative commitment to boost intra-African trade and operationalise actionable steps delineated in the agreement. Both ministers expressed optimism that this partnership would significantly elevate the mining industries in their respective nations.

The MoU between Nigeria and South Africa signifies a strategic partnership aimed at enhancing collaboration in the mining sector, fostering knowledge transfer, and driving economic growth. Both countries aim to leverage their respective strengths to spur industrialisation, job creation, and investment opportunities. A shared commitment to revitalising the mining industry indicates a focused approach towards development and collaboration in Africa.

Original Source: guardian.ng

The post Nigeria and South Africa Sign MoU to Boost Mining Cooperation first appeared on Nigerian Mining News.

Nigeria and South Africa have signed a Memorandum of Understanding (MoU) aimed at enhancing mining cooperation. The agreement, signed by Nigeria’s Solid Minerals Development Minister, Mr Dele Alake, and South Africa’s Mineral Resources Minister, Mr Gwede Mantashe, focuses on investment, knowledge exchange, and technology transfer. This collaboration arises from efforts to strengthen ties under the Nigeria–South Africa Bi-National Commission framework.

The MoU details specific collaboration areas with set timelines for joint activities within the mining sector. Both ministers vowed to enhance intra-African trade and take actionable steps as outlined in the agreement. They expressed optimism that this partnership would substantially benefit both countries’ mining industries through shared expertise and innovation.

Key initiatives include capacity building in geological methods using UAVs, spectral remote sensing technologies for mineral exploration, and joint training in mineral processing. The MoU also advocates for effective geoscientific data sharing and exploration of agro and energy minerals within Nigeria, aiming to advance regional integration.

Mr Alake highlighted the potential for industrialisation, job creation, and sustainable development in Africa through this bilateral cooperation. He reiterated that Nigeria intends to develop its mining sector, leveraging South Africa’s technological expertise to attract investments and diversify its economy for long-term growth.

Mr Mantashe praised the agreement and its significance for South Africa, emphasizing the importance of strengthened cooperation between the two nations.

The signing of the MoU between Nigeria and South Africa marks a significant step towards enhancing mining sector cooperation. By focusing on investment, technology transfer, and knowledge exchange, both countries aim to improve their mining industries. This partnership highlights the potential for increased intra-African trade and economic development, paving the way for mutual benefits through collaboration.

Original Source: businesspost.ng

The post Nigeria and South Africa Forge Mining Cooperation Agreement first appeared on Nigerian Mining News.

Nigeria and South Africa have entered into a Memorandum of Understanding (MoU) aimed at enhancing cooperation in the mining sector. This agreement, signed in Abuja by Dele Alake, Nigeria’s solid minerals development minister, and Gwede Mantashe, South Africa’s mineral resources minister, is part of the Nigeria-South Africa Bi-National Commission initiative.

The MoU outlines specific areas for collaboration, including investment, knowledge sharing, and technology transfer, alongside a timetable for joint initiatives in mining. Both ministers committed to fostering intra-African trade and implementing the practical measures outlined in the agreement to strengthen the mining industries of both nations.

Key aspects of the MoU include:
– Capacity building in geological methods using UAVs.
– Implementation of spectral remote sensing technologies for mineral exploration and mapping.
– Geoscientific data sharing via the Nigeria Geological Survey Agency.
– Training in mineral processing and value addition.
– Capacity building in elemental fingerprinting with LA-ICP-MS.
– Joint exploration of agro and energy minerals in Nigeria.

Minister Alake highlighted the potential for bilateral cooperation to drive industrialisation and economic development across Africa. He stated, “The agreement on geology, mining, and mineral processing will foster knowledge exchange, promote investment, and encourage regional integration.” He expressed Nigeria’s aim to leverage South Africa’s technological expertise to enhance its own mining sector, attract investments, and create economic stability.

The Nigeria-South Africa mining cooperation agreement marks a significant step towards enhancing bilateral collaboration in the mining sector. This partnership is aimed at building capacity, fostering technology transfer, and ultimately driving economic growth and stability in both countries. With specific areas of focus outlined in the MoU, there is optimism for a mutually beneficial relationship that could serve as a blueprint for other African nations seeking to strengthen intra-continental ties.

Original Source: gazettengr.com

The post Nigeria and South Africa Forge Mining Cooperation Agreement first appeared on Nigerian Mining News.

Nigeria and South Africa have signed a Memorandum of Understanding (MoU) aimed at enhancing mining cooperation, emphasizing investment and technology transfer. The agreement was formalised in Abuja by Dele Alake, Nigeria’s Minister of Solid Minerals Development, and Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy. This initiative is part of the Nigeria–South Africa Bi-National Commission framework.

The MoU outlines specific areas for collaboration, featuring defined timelines for joint activities in the mining sector. According to Segun Tomori, Alake’s Special Assistant on Media, both ministers are committed to strengthening intra-African trade and applying the agreement’s practical steps. They foresee significant enhancements in both countries’ mining industries through shared expertise.

Key collaborations include capacity building in geological methods using UAVs, and the application of remote sensing technologies. Additional areas pertain to geoscientific data sharing via the Nigeria Geological Survey Agency, training in mineral processing, and initiatives for value addition, alongside supporting biodiversity in mineral exploration.

The MoU between Nigeria and South Africa marks a significant step towards enhancing mining cooperation. It focuses on investment, knowledge exchange, and technology transfer, while aiming to strengthen both countries’ mining sectors. This collaboration highlights the importance of regional integration and shared expertise for sustainable economic development in Africa.

Original Source: businessday.ng

The post Nigeria and South Africa Enhance Mining Cooperation with MoU first appeared on Nigerian Mining News.

Nigeria and South Africa have signed a Memorandum of Understanding (MoU) aimed at enhancing mining cooperation. The agreement, focusing on investment, knowledge exchange, and technology transfer, was signed in Abuja by Nigeria’s Minister of Solid Minerals Development, Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe. It is part of efforts to strengthen ties within the Nigeria–South Africa Bi-National Commission framework.

The MoU outlines specific areas for collaboration with set timelines for joint activities in the mining sector, as highlighted by Mr Alake’s Special Assistant on Media, Segun Tomori. The ministers committed to promoting intra-African trade and implementing the practical steps indicated in the agreement. They believe this renewed partnership will improve both nations’ mining industries through shared expertise and innovation.

Key collaboration areas include capacity building in geological methods using UAVs, applying spectral remote sensing technologies, and sharing geoscientific data via the Nigeria Geological Survey Agency. The MoU also targets training in mineral processing and value addition initiatives, and supports capacity building in elemental fingerprinting with LA-ICP-MS.

Mr Alake underscored the cooperation’s potential for promoting industrialisation, job creation, and sustainable economic growth across Africa. He affirmed that the agreement on geology and mining would facilitate knowledge exchange, boost investment, and encourage regional integration. The aim is to attract investments and diversify Nigeria’s economy using South Africa’s mining technological expertise.

The MoU between Nigeria and South Africa marks a significant step towards enhancing mining cooperation. By focusing on mutual investment, technology transfer, and knowledge exchange, both countries aim to strengthen their mining sectors. With key collaborations identified, such initiatives promise to foster economic growth and regional integration across Africa.

Original Source: www.premiumtimesng.com

The post Nigeria and South Africa Forge Mining Cooperation Agreement first appeared on Nigerian Mining News.

Nigeria and South Africa have signed a memorandum of understanding (MoU) aimed at enhancing cooperation in the mining sector. This agreement was established during a meeting between Dele Alake, Nigeria’s minister of solid minerals development, and Gwede Mantashe, South Africa’s minister of mineral resources, in Abuja. The MoU details collaboration areas with implementation timelines, reinforcing the partnership forged through the Nigeria–South Africa Bi-National Commission established by Presidents Bola Tinubu and Cyril Ramaphosa.

Key components of the MoU include:
– Capacity building in geological applications with unmanned aerial vehicles (UAVs)
– Use of multi- and hyperspectral remote sensing technologies for mineral exploration
– Sharing geo-scientific data on strategic minerals via the Nigeria Geological Survey Agency (NGSA)
– Training in mineral processing and adding value
– Capacity building in elemental fingerprint technology using LA-ICP-MS
– Exploration of agro and energy minerals in Nigeria.

Alake described this achievement as a significant milestone in improving bilateral relations, particularly in mining. He noted the historical ties and mutual respect that underpin Nigeria and South Africa’s long-standing diplomatic and economic partnerships aimed at Africa’s development.

He stated that collaboration in mining offers substantial possibilities for industrialisation, job creation, and sustainable growth on the continent. Alake highlighted the MoU as pivotal for knowledge transfer, investment promotion, regional integration, and value addition. He expressed Nigeria’s determination to enhance its mining sector while leveraging South Africa’s expertise.

Mantashe expressed that South Africa, heavily reliant on mining, could gain from Nigeria’s renewed interest in this sector. His visit was to refine previous agreements and reinforce cooperation on joint projects. Both ministers confirmed their commitment to ongoing collaboration to enhance intra-African trade, which will support the objectives outlined in the MoU.

This signing event was attended by key officials, such as Shuaibu Audu, minister of steel development, and permanent secretaries from both solid minerals and steel development ministries, alongside members of the South African delegation led by Mantashe.

The MoU between Nigeria and South Africa signifies a critical step towards enhancing collaboration in the mining sector, focusing on capacity building and technology transfer. Key areas include mineral exploration, shared data, and training initiatives. Both countries reaffirmed their commitment to use this partnership to drive industrialisation and sustainable growth, benefiting their economies and intra-African trade.

Original Source: www.thecable.ng

The post Nigeria and South Africa Strengthen Mining Cooperation with MoU first appeared on Nigerian Mining News.