NIGERIA Mining News

Thor Explorations to build Nigeria’s first large-scale gold mine

Company envisions construction beginning in the second quarter of the year, followed by an 18-month building period.

Nigeria's first gold refinery plans to triple capacity in five years

Most ore will be sourced locally from various locations including the northwestern states of Zamfara, Kebbi and Kaduna, as well as the central states of Kwara and Niger.

Nigeria's first gold refinery scheduled to be ready next year

The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.

Nigeria awards mining exploration contract to 10 mining, consulting firms

Nigeria, Africa's top crude oil producer, is aiming to diversify its economy by developing other industries such as mining through various incentives.

How Nigeria can escape the natural-resource curse

Education and health are the way forward for Nigeria.

Africa's richest man signs $650 mln Afreximbank loan for oil refinery

The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.

Thor Explorations says results of test work at Segilola better than expected

The testing is part of the definitive feasibility study (DFS) for the project, poised to become Nigeria's first large-scale gold mine, and which is expected to come online in early 2020.

Thor Explorations aims to lead Nigeria's new mining pack

Thor Explorations' Segilola project would be Nigeria's first large-scale gold mine, and it's expected to come online in early 2020.

Artisanal gold miners in Nigeria seek government help

They want to operate under conditions that allow them to take better care of the environment and contribute to the local economy.

Mining no longer top sector attracting investors to Africa — report

Industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment into the continent last year.

Nigerian group seeks to unlock over $100bn Potential in mineral resources

The 4th hosting of the Sustainability in the Extractive Industries (SITEI) is scheduled to take place on the 19th of November 2015 in Abuja

At least 28 Nigerian children killed by lead poisoning from illegal gold mining

Doctors found the victims had levels of lead in their blood that were 17 to 22 times higher than what it is internationally accepted.

When it rains…Iron ore, gold miners the most vulnerable to Ebola risk

Report shows there are 39 assets in production within the Ebola-affected region.

Gold prices hurting miners? Throw Ebola into the mix

Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.

Guinea on national emergency over Ebola, mining operations threatened

Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.

West Africa Ebola outbreak forces miners to lock down operations, delay projects

After the WHO declared the current outbreak an “international public health emergency.”

Nigeria, South Africa partner on artisanal gold mining

West African nation wants to develop vast small-scale gold sector with South African machinery and expertise.

Nigerian gold mining: farmers choose death by lead poisoning over poverty

Unregulated mining in rural northern Nigeria is causing blindness and paralysis among children and making adults infertile.

Africa’s rising risks jeopardizing recent mining growth: report

Analysts claim Sub-Saharan Africa's investment environment is deteriorating.

Chevron to sell two Nigerian oil blocks

The company will divest its 40% share of leases 83 and 85 which hold the Madu and Anyala fields.

Ghana’s crackdown on illegal mining: at least 55 new arrests

Identified as nationals of Niger, Nigeria and Togo.

Africa ready to revert its ‘resource curse’: report

Experts believe agricultural, mining and energy resources could easily boost the continent’s economic growth in the next two years.

Study shows how to improve Extractive Industries Transparency Initiative

An international effort to ensure good governance of natural resources could do more to improve accountability and sustainability (IIED), according to research in the oil- and gas-rich Caspian Sea Region that the International Institute for Environment and […]

Deadly downside to Nigeria gold rush: video

Al Jazeera is reporting that more than 400 children have died from lead poisoning in the past two years in the Zamfara State of Nigeria as a result of artisanal gold mining.

Enugu coal-powered power plant to produce 1,000 megawatts

ENUGU state will soon be a major hub in power transmission as PHCN plans to draw 1000 megawatts from coal- powered electricity. Minister of Power, Professor Barth Nnaji, made the disclosure while responding to the address of Governor Sullivan Chime of...