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.

Original Source: nigerianbulletin.com

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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

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The Nigerian government, led by President Bola Tinubu, has entered into a Memorandum of Understanding (MoU) with France aimed at collaborative mining projects. This agreement focuses on critical minerals essential for clean energy, such as copper and lithium, and seeks to revitalize over 2,000 abandoned mining pits in Nigeria. The MoU will also facilitate exchanges between Franco-Nigerian students and implement sustainable mining practices aimed at reducing environmental impacts.

The collaboration, signed during President Tinubu’s official visit to France, includes commitments to co-finance joint extractive and processing projects. It emphasises applying international best practices to improve the socio-economic conditions of those affected by mining activities. The parties aim to enhance skill sets within the critical metals sector through training initiatives and knowledge transfer, fundamentally repositioning Nigeria’s mining sector for global competitiveness, according to Minister Dr Dele Alake.

The partnership between Nigeria and France comes at a time when clean energy technologies increasingly rely on critical minerals. These resources, including nickel, cobalt, and rare earth elements, are crucial for technologies that support climate goals and sustainable energy. This initiative aims not only to exploit these resources responsibly but also to address the dire safety concerns in Nigeria’s mining sector, highlighted by recent tragedies involving mining collapses.

In conclusion, the MoU signed between Nigeria and France represents a significant step towards improving the country’s mining sector through sustainable practices and international cooperation. By revitalising abandoned sites and focusing on training and knowledge exchange, both nations aim to enhance the effectiveness and safety of mining operations, thereby empowering local communities and attracting foreign investment.

Original Source: saharareporters.com

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Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd, engaged stakeholders in the gold mining sector to reinforce its leadership in the industry. On November 19, 2024, SROL held a Stakeholder Reception in Abuja, gathering key players from various organisations, including the Minister of Industry, Trade, and Investment, Jumoke Oduwole. The reception followed SROL’s participation as a Diamond Sponsor at Nigeria Mining Week.

During the event, Chris Omo-Osagie, Thor’s Chief Financial Officer, highlighted the company’s achievements, such as being named one of Nigeria’s Top 10 Non-Oil Exporters and receiving the Responsible Resourcing Award for Labour. “These achievements underscore our dedication to innovation, sustainability, and community impact,” he stated. SROL Country Manager Austin Menegbo reiterated the company’s commitment to environmental, social, and governance principles, noting that responsible mining is central to its operations.

Oduwole commended SROL’s vital role in Nigeria’s economic diversification, highlighting the importance of non-oil exports. SROL also received recognition as a Presidential Enabling Business Environment Council Export Champion for its dedication to national development. During a panel discussion, SROL showcased its community initiatives, including healthcare provision and educational support, reaching nearly 2,000 individuals through their medical outreach this month.

Menegbo concluded by emphasizing SROL’s commitment to responsible mining practices in Nigeria. The company expressed gratitude to its stakeholders and reaffirmed its goal to drive progress in the mining sector.

Segilola Resources Operating Limited aims to establish itself at the forefront of Nigeria’s gold mining industry while promoting responsible mining and community development. By engaging stakeholders and demonstrating its commitment to social initiatives, SROL seeks to balance profitability with community welfare and environmentally sustainable practices. This event reflects broader trends within the industry where collaboration and accountability are increasingly important.

SROL has made significant strides in establishing itself as a leader in responsible gold mining in Nigeria. Through strategic stakeholder engagement, recognition of outstanding achievements, and community support initiatives, the company demonstrates its commitment to sustainable practices and economic diversification in the country. SROL’s proactive approach sets a benchmark for others in the industry to follow, reinforcing the importance of corporate responsibility in mining operations.

Original Source: punchng.com

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Nigeria and France have formalised a partnership to enhance their mining sectors through a Memorandum of Understanding. Signed during President Bola Tinubu’s visit to France, the agreement aims to advance projects related to critical minerals essential for clean energy, such as lithium and cobalt. It seeks to address the remediation of abandoned mining sites and includes collaboration on research and training for skills transfer between the two nations. Moreover, the deal promotes sustainable mining practices to mitigate environmental impacts and improve local community conditions.

Critical minerals are increasingly vital for developing technologies that support clean energy solutions. Recent incidents in Nigeria, including fatal mining pit collapses, have highlighted the urgent need for better regulatory practices and resource management in the sector. This agreement represents a strategic move to attract foreign investment, bolster the skills of the local workforce, and ensure the mining practices adopted are both sustainable and beneficial to local communities.

The partnership between Nigeria and France marks a significant step towards revitalising Nigeria’s mining industry. By focusing on sustainable practices and skill development, this collaboration aims to ensure the responsible extraction of critical minerals and improve the livelihood of communities impacted by mining. The commitment to international best practices underscores the importance of transparency and sustainability in these ventures.

Original Source: economicconfidential.com

The post Nigeria and France Join Forces to Enhance Mining Sector first appeared on Nigerian Mining News.

Nigeria and France have formalised a collaboration through a Memorandum of Understanding (MoU) aimed at enhancing the management of the mining sector’s value chain in both countries. This agreement, signed during President Bola Tinubu’s visit to France, emphasises the need for regular training and seminars to boost the capacity of institutions involved in the critical metals sector.

The MoU is intended to promote sustainable mining practices that minimise environmental impacts and to establish joint projects between public and private sectors. Alongside research and student exchanges, this partnership aims to rejuvenate over 2,000 abandoned mining sites to facilitate environmental rehabilitation. The Nigerian government views this agreement as a vital step towards increasing international competitiveness and attracting French investment into its mining sector.

The partnership between Nigeria and France in managing the mining sector’s value chain stems from the need to enhance the effectiveness of solid minerals management. The agreement highlights a shared commitment to sustainable practices and the development of critical minerals, which are essential for global energy transitions. Collaborating via this MoU will allow both countries to leverage their strengths, share expertise, and improve practices in a sector that is increasingly important to their economies.

The signing of the MoU between Nigeria and France represents a significant advancement in international cooperation to foster sustainable mining practices and improve management of the mining sector’s value chain. This agreement not only promises to enhance training and capacity-building initiatives but also aims to rehabilitate environmental damage caused by past mining activities. Ultimately, the collaboration could lead to increased foreign investment and improved conditions for communities affected by mining.

Original Source: www.ripplesnigeria.com

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Tanzania is positioning itself as a frontrunner in Africa’s strategic mineral sector, with expectations of a significant surge in global demand for critical resources by 2050. During a stakeholder meeting, Minister for Minerals Anthony Mavunde highlighted the country’s abundant mineral reserves, particularly in nickel, lithium, and graphite, vital for clean energy. Currently, global graphite demand is estimated at 6.5 million tonnes annually, but production is only at 1.2 million tonnes, with China dominating at 64% of the total. In Africa, Madagascar leads with 13%, Mozambique with 10%, and Tanzania follows in third place, contributing 0.6%.

The increasing global demand for strategic minerals, particularly for clean energy technologies, makes countries with rich mineral reserves crucial in shaping the future market. Tanzania’s mineral resources, especially in graphite—which is essential for batteries and other technologies—provide it with a competitive edge in the evolving landscape of the mining industry. The projected rise in demand by 2050 magnifies the importance of African nations in the global market.

Tanzania is actively working to enhance its status in the mining sector by leveraging its rich mineral resources. With strategic minerals like nickel, lithium, and graphite in high demand for clean energy, the country aims to increase its market share significantly. As the global demand for these minerals rises, Tanzania’s position as a significant contributor could reshape mining dynamics in Africa and beyond.

Original Source: africanminingmarket.com

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In a bid to foster a sustainable mining sector in Nigeria, the Permanent Secretary of the Ministry of Solid Minerals Development, Dr Mary Ogbe, urged industry leaders to prioritise environmental responsibility and community engagement during a recent sensitisation programme. Represented by Mr Yunusa Mohammed, the director of Artisanal and Small Scale Mining, Dr Ogbe outlined the ministry’s goals, which include promoting renewable energy, enhancing compliance with environmental protocols and investing in host communities through the Community Development Agreement. The ministry’s initiatives are rooted in the 2007 Nigerian Minerals and Mining Act, emphasizing the necessity of responsible mining practices while striving for economic growth alongside environmental protection. Dr Ogbe stated, “Responsible mining is not an option; it is a necessity. Our vision is for a mining industry that drives economic growth, while protecting our environment and strengthening our communities.” The ministry aims to engage stakeholders in discussions surrounding best practices and solutions to promote responsible resource management. Dr Vivian Okono highlighted the importance of adhering to environmental regulations, ensuring mining operations align with both national and international standards.

The focus of this announcement centres on the importance of sustainable practices in Nigeria’s mining sector. The Ministry of Solid Minerals Development aims to address environmental challenges posed by mining activities and integrate community welfare into mining operations. The 2007 Nigerian Minerals and Mining Act provides a framework for these initiatives, mandating compliance with environmental standards to drive economic and social benefits.

The Ministry of Solid Minerals Development is actively steering Nigeria’s mining sector towards sustainability through stringent environmental protocols and community-focused investments. By prioritising climate action and encouraging stakeholder collaboration, they aim to ensure that mining contributes positively to both the economy and the environment, emphasising that responsible mining is essential for future development.

Original Source: blueprint.ng

The post MSMD Champions Sustainable Mining Initiatives for Nigeria’s Future first appeared on Nigerian Mining News.