Nigerian Mining Sector Watch

The Nigerian mining sector has recently seen some pertinent developments, especially in the areas of technology and compliance. The Sector has continued to prove itself a viable revenue generator for the country. As of August 2022, FGN's actual revenue from mineral and mining was ₦2.74Billion, representing over 40.7% of the prorata target of

(PDF) LEGAL ANALYSIS OF NIGERIA'S MINING LAW AND …

The Nigerian Mining Corporation Act, Cap 317 LFN. 1990. 11. The period 1990 -2000 could aptly be described as the decade of reforms as it. witnessed increased reforms in terms of the investment ...

Elipse Internationals EX Solutions – Mining Company in Nigeria

Elipse International Exploration Solutions Limited, a mining and exploration company in Nigeria. We have over 40 fully legit and licensed mine concessions in different states across Nigeria. The mining and exploration projects we are operating including but not limited to Copper, Gold, Manganese, Lead, Zinc, Lithium, Columbite, Moly, Tantalite ...

Home | Ministry of Mines and Steel Development

Welcome to the Integrated Automation and Interactive Solid Minerals Portal (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda …

NIGERIAN MINING CORPORATION ACT

An Act to establish the Nigerian Mining Corporation as a statutory corporation empowered to engage in prospecting for mining and refining minerals of various kinds occurring in Nigeria apart from coal and petroleum. [1972 No. 39.] [24th October, 1972] [Commencement.]

LEGISLATIVE UPDATE: NIGERIAN MINING CORPORATION …

LEGISLATIVE UPDATE: NIGERIAN MINING CORPORATION ACT (AMENDMENT) BILL, 2020 BEFORE THE HOUSE OF REPRESENTATIVES. April 5, 2020 Advocaat Law Practice. The Bill was presented before the House on the 4th of February, 2020 for its first reading. It seeks amendment of the existing Act.

Nigeria to require mining firms to invest in domestic …

Last month, Nigeria announced plans to start a state-backed company to help attract investments for the extraction of gold, coal, iron ore, baryte, lead, bitumen and limestone. ($1 = 764.9300 naira)

How Nigeria aims to boost mining's share of GDP

The Nigerian landscape holds over 30 types of solid minerals in an identified 450 locations. Deposits span gemstones, metallic ores, energy minerals and construction materials, such as granite. While the mining sector was a mainstay of the economy up until the late 1960s, the focus on oil from that point on has seen the mining's

Mining reforms in Nigeria to drive sector growth

Nigeria's mining sector is entering a new phase following the Covid-19 pandemic, with greater government support and a growing role as an important generator of export earnings amid post-pandemic economic recovery. Many of Nigeria's mineral resources remain unexploited, with considerable potential in gold, precious and semi-precious …

Nigeria plans to launch solid minerals corporation

Credit: Chris Wiedenhoff from Pixabay. Nigeria is planning to launch a state-backed solid minerals corporation to provide funding to its mining sector and manage the country's minerals, reported Reuters. The new company, named Nigerian Solid Minerals Corporation, will focus on the extraction of gold, coal, iron ore, bitumen, lead, limestone ...

List of Mining Companies in Nigeria

Greenfield Metals Mining Complex, Ihetutu, Ishiagu, Iyo L.G.A, Ebonyi State, Nigeria. +234 806 758 1237, +234 802 305 9017, +234 805 955 8054. +234 803 668 2809. More info. Write a Review. Greenfield Metals Limited is a Nigerian mining company that is well positioned for the mining of metallic minerals namely, zinc and lead ore.

Nigerian Mining Corporation Act. | UNEP Law and …

This Act establishes the Nigerian Mining Corporation, defines its functions and powers and provides with respect to its administration and operation. The Corporation shall principally explore and prospect for, work, mine or otherwise acquire, process and dispose of minerals of various kinds occurring in Nigeria other than petroleum or coal.

NIGERIAN MINING CORPORATION ACT – Laws

SECOND SCHEDULE. Modification of certain enactments. NIGERIAN MINING CORPORATION ACT. An Act to establish the Nigerian Mining Corporation as …

Ministry of Solid Minerals Development – On the Road to Shared Mining

For enquiries and suggestions, Please contact us. Call on. +2348033111888. Mail at. [email protected]. Office Hours. 8am to 4pm. 44+. There are at least 44 Mineral deposits in commercial quantities in the Country.

Nigerian Mining Sector Watch

mining the mineral, considering that Lithium mining has a high tendency to result in air pollution, land degradation, disruption of the ecosystem and other health-related risks to …

Mining, from The Report: Nigeria 2023

Mining. With greater government support and a growing role as a generator of export earnings, Nigeria's mining sector is poised to maximise its considerable potential in …

Nigerian Mining Corporation

Nigerian Mining Corporation. The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 …

A Potential Game Changer For The Nigerian Mining Sector

Nigeria is blessed with over forty-four (44) identified solid mineral resources in commercial quantities. Yet, the contribution of the mining Sector to the country's gross domestic product (GDP) has remained less than 1% in each of the past five (5) successive years – although, it has consistently grown over the same period to 0.85% in 2022 (from …

Nigerian Mining

The leading source for mining and solid mineral news in Nigeria. Discover valuable insights, news, and resources about Nigeria mining. Connect with industry experts and enthusiasts. Post and find classified ads for mining equipment, services, and opportunities. Your gateway to the thriving world of mining in Nigeria.

NIGERIAN MINING CORPORATION ACT

ARRANGEMENT OF SECTIONS SECTION Establishment of the Nigerian Mining Corporation. Membership. Tenure of office, etc. Functions of the Corporation. Powers of the Corporation. General manager and secretary of the Corporation. Staff generally. Borrowing powers. Establishment of fund by the Corporation. Expenditure of …

OVERVIEW OF THE NIGERIAN MINING SECTOR: …

Quarrying dominates the output of the Mining and Quarrying sector by over 90 percent o [2] and recorded a growth of 21.16% in full year 2020 from -5.63% in 2019 and 10.33% in 2018, in contrast with Metal Ores which contracted by -5.85% in full year 2020 from -14.38% in 2019 and 26.34% in 2018, and Coal Mining which contracted by -20.5% …

Nigerian Mining Sector Brief | 1 Nigerian Mining …

1erview of the Nigerian Mining Sector Ov 05 2 Mineral Endowment 08. 2.1 Coal 08 2.2umen Bit 09 2.3 Limestone 09 ... a Company may hold a mining lease and quarry lease with respect to different minerals. 4 . There are a number of other departments created under the Ministry to aid the performance of its function, for example, the Metallurgical ...

(PDF) Legal and Policy Issues in the Development of Nigeria's Mining …

1 Sections, 1 & 4, Nigerian Mining Corporation Act, CAP N140, LFN, 2004. The. Petroleum Act, 1969 and the Nigerian Coal Corporation Act, No. 29 of 1950 were the.

Nigeria: Mining sector update

Nigeria: Mining sector update. February 10, 2023. This edition of a KPMG newsletter provides information on recent developments in the Nigerian mining sector. Read a January 2023 report [PDF 2.2 ] prepared by the KPMG member firm in Nigeria. The KPMG name and logo are trademarks used under license by the independent …

History of Mining in Nigeria – Mining Nigeria

The Nigerian Mining Corporation was established in 1972 by the Nigerian Mining Corporation Act to play a leading role in the development of the mining industry of Nigeria. The introduction of …

Continental Lithium

Energy Future. Welcome to Continental Lithium, a pioneering force in the Nigerian mineral exploration and mining industry. Founded in 2017, we're on a mission to become a fully integrated global supplier of lithium and …

Nigerian Mining Corporation | LinkedIn

Nigerian Mining Corporation | 137 followers on LinkedIn. Nigerian Mining Corporation is a Government company located in Jos, Plateau, Nigeria.