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Over N11.2 billion Mining Fund not Disbursed by FG – Miners

Over N11.2 billion Mining Fund not Disbursed by FG - Miners   The Miners Association of Nigeria says that the Federal Government has failed to effectively implement over N11.2bn intervention funds for the mining sector. The Acting National President of MAN, Musa Muhammad, said this in Abuja...

Nigeria’s Mining Sector Largely Underdeveloped – Minister

Nigeria’s Mining Sector Largely Underdeveloped - Minister   Minister of Mines and Steel Development, Olamilekan Adegbite, has said that Nigeria’s mineral and mining sector is still largely underdeveloped with the country attracting only 0.12 out of the five percent share of exploration investment in mineral resources...

FG Concerned Over Decline In Applications For Mining Licences

FG Concerned Over Decline In Applications For Mining Licences   The Federal Government on Thursday expressed concern over a decline in the number of applications for mining licences in the country. Records presented by the Nigerian Mining Cadastre Office, an agency in the Ministry of Mines and...

Firm Injects $30m Into Nigeria’s Mining Sector

Firm Injects $30m Into Nigeria’s Mining Sector   Hudson Mining Limited, a subsidiary of Globelink China Investment Group, has announced its readiness to begin operation in the mining and trading of columbite, tin and zinc in Jos, Plateau State. Making the announcement in Abuja, the Chairman and...

Mining: FG Procures N360m Customized Core Drilling Rigs

Mining: FG Procures N360m Customized Core Drilling Rigs In attempt to boost geosciences data for operators in the mining sector, the federal government recently disclosed plan to procure N360 million worth multi-purpose core drilling equipment for the Nigeria Geological Survey Agency (NGSA). The minister, while inaugurating...

Mining Sector: FG Acquires Drilling Rigs For Minerals Exploration

Mining Sector: FG Acquires Drilling Rigs For Minerals Exploration In a bid to make the Mining Sector to contribute more to the Gross Domestic Product, the Federal Government has acquired two drilling rigs to be used in the exploration of minerals deposits across the country. At...