Fadi Ghazale, Founder and CEO of Titan Minerals Limited, believes Nigeria is an ideal destination for mining investment. With over 17 years of experience in Nigeria’s construction sector, he founded Titan Minerals to explore untapped mineral potential while addressing challenges like political complexity and funding shortages. By bringing in global expertise, Ghazale aims to enhance the mining ecosystem in Nigeria.

Ghazale was inspired to venture into mining after witnessing the underutilisation of Nigeria’s mineral resources during his construction work. He established Titan Minerals to bridge the gap using modern exploration techniques and credible data to meet international standards. Their services include systematic mineral targeting, resource drilling, and high-tech geophysical surveys.

Despite government initiatives to attract investment and enhance transparency in mining, challenges persist. Issues include security concerns, perceived risks for international investors, inadequate geological data, and financing access for junior exploration companies. While progress is evident, further efforts are required to position Nigeria globally.

Investors often hesitate due to long return-on-investment periods typical of mining. Ghazale acknowledges this issue, emphasising that extensive exploration and development are prerequisites for returns. Titan Minerals mitigates investor uncertainty by providing high-quality data and advocating for supportive government policies.

The long-term vision for Titan Minerals involves becoming a globally recognised exploration company, elevating assets to public listing on major exchanges. They focus on geology expertise, advanced drilling techniques, and a comprehensive mineral database to attract global investment to Nigeria.

To assist local miners, Ghazale suggests the government should focus on financing access, infrastructure development, capacity building, and fostering partnerships. Additionally, addressing negative media portrayals can improve the investment climate. With strategic investments and modern techniques, Nigeria can emerge as a significant player in global mining.

Fadi Ghazale’s insights into Nigeria’s mining sector highlight both the opportunities and challenges facing the industry. Titan Minerals is poised to drive transformation through high-quality exploration and strategic collaborations, establishing Nigeria as a premier destination for mining investment. The government has a crucial role in supporting local miners, thereby ensuring the country realises its full mineral potential.

Original Source: www.thisdaylive.com

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