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 forged stronger economic ties through a new Memorandum of Understanding (MoU) focusing on mining development. This agreement, resulting from the Nigeria–South Africa Bi-National Commission led by Presidents Bola Ahmed Tinubu and Cyril Ramaphosa, aims to enhance collaboration on solid minerals exploration, technology sharing, and industrial progress.

During a bilateral meeting in Abuja, Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, H.E. Gwede Mantashe, formalized the agreement. Dr. Alake referred to the signing as a pivotal moment for both nations, set to unlock Africa’s mineral potential and foster regional integration.

Alake stated, “The Memorandum of Understanding in geology, mining, and mineral processing signed today… will serve as a cornerstone for facilitating knowledge and technology transfer.” He stressed the importance of deeper mining cooperation, which could lead to industrialization, job creation, and sustainable development.

Mantashe praised Nigeria’s commitment to mining, expressing South Africa’s intent to collaborate closely. He noted, “This partnership allows us to share knowledge and pursue practical, mutually beneficial projects.” The MoU encompasses areas such as geological mapping, training in mineral processing, and geoscientific data exchange through the Nigeria Geological Survey Agency.

Both ministers believe this agreement will enhance their nations’ mining sectors, boost intra-African trade, and support economic integration. They pledged to ensure the implementation of the MoU is effective and timely, furthering the shared ambitions of both countries.

The MoU between Nigeria and South Africa marks a significant advancement in their mining collaboration, promising mutual benefits through knowledge sharing and resource management. This initiative aims to strengthen economic ties, enhance the mining sector, and promote sustainable development across the continent. Both nations are committed to its successful implementation, reflecting their strategic partnership for industrial growth.

Original Source: thesun.ng

The post Nigeria and South Africa Strengthen Economic Ties with Mining 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 are enhancing their bilateral relations with a new Memorandum of Understanding (MoU) signed by their Ministers of Solid Minerals Development. The MoU aims to promote collaboration in the mining sector, reflecting recent efforts to solidify ties through the Nigeria-South Africa Bi-National Commission inaugurated by Presidents Bola Ahmed Tinubu and Cyril Ramaphosa.

The MoU was established during a bilateral meeting in Abuja between Nigeria’s Dele Alake and South Africa’s Gwede Mantashe. Alake highlighted the historical cooperation based on mutual respect and a shared vision for Africa’s development, emphasizing the mining sector’s potential to drive industrialisation and job creation.

He pointed out that the MoU will facilitate technology transfer, investment promotion, and value addition. Nigeria’s focus on developing its mining industry can benefit from South Africa’s expertise in the field, fostering investment, skill development, and economic diversification.

Mantashe acknowledged that South Africa could profit from Nigeria’s heightened interest in mining, aiming to refine agreements from their Bi-National Commission to enhance joint projects. Both ministers pledged to maintain engagement and collaborate to advance intra-African trade, confident that their partnership will significantly benefit their respective mining sectors.

Key highlights of the MoU include:
1. Capacity building in geological applications with UAVs.
2. Use of Multi- and Hyper-spectral Remote Sensing Technologies.
3. Sharing geoscientific data on strategic minerals via the Nigeria Geological Survey Agency.
4. Training on mineral processing and value addition.
5. Capacity building on Elemental Fingerprint Technology using LA-ICP-MS.
6. Exploration of agricultural and energy minerals in Nigeria.

The signing of the MoU between Nigeria and South Africa marks a significant advancement in their mining sector collaboration. By focusing on capacity building, technology transfer, and exploration, both countries aim to unlock the vast potential of their mineral resources, benefiting their economies and enhancing trade within Africa.

Original Source: von.gov.ng

The post Nigeria and South Africa Strengthen Mining Collaboration Through 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.