The Federal Government (FG) collected N6,957,826,200 mining fees and registered 118 new private mineral buying centres in the first quarter of this year. Giving the details at the second Annual Mining Conference organised by Businessday newspaper in Abuja at the weekend, Minister of Solid Minerals Development, Dr Dele Alake, said the revenues reflect the outcome […]Read More
16th April, 2025 In a bid to solidify the partnership fostered through the Nigeria–South Africa Bi-National Commission—recently inaugurated by President Bola Ahmed Tinubu and President Cyril Ramaphosa—the Ministers of Solid Minerals of both nations have signed a Memorandum of Understanding (MoU) outlining key areas of cooperation, complete with implementation timelines. During a bilateral meeting at […]Read More
Dangote Industries Ltd. says it would ensure that Nigeria becomes self-sufficient in cement, agriculture, mining and petroleum production. The Regional Sales Director, Southeast, Dangote Cement, Dr Abayomi Shittu stated this in an interview with the News Agency of Nigeria (NAN) in Enugu on Sunday at the ongoing 36th Enugu International Trade Fair. “Dangote Industries Ltd. […]Read More
The President, Dangote Group, Alhaji Aliko Dangote, has said that his company decided to go back and invest in Ogun State because of the Prince Dapo Abiodun administration’s vision and deliberate policies that focus on attracting investors as well as the investor-friendly climate that exists in the state. Dangote, who stated this on Monday during […]Read More
Coal continues to dominate South Africa’s energy portfolio, at over 80% of the country’s power generation mix JOHANNESBURG, South Africa – Just Energy Transition Partnerships (JETP) have been introduced in recent years to provide financial support to developing nations as they transition away from fossil fuels. In 2021, during the 26th UN Climate Change Conference of […]Read More
Argentina plans to more than double its mining exports from $4 billion to $10 billion by 2027, driven by new lithium projects coming online and efforts to expand copper output, the Argentine Ministry of Mining said on Wednesday. Luis Lucero, Argentina’s newly appointed Mining Secretary, told Reuters that the country is positioning itself to become […]Read More
Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to Joseph McMonigle, the Secretary General of the International Energy Forum. Copper is the most essential mineral for societal development, but growing electrification needs globally cannot be met if limited supplies of copper are taken […]Read More
Although the beginning of the year offered mixed signals for the global economy, US markets today continue to experience positivity. Prices for general markets witnessed an uptrend in late February, followed by a continuation in March and a reversal in April. Fueled by buyer sentiment, the S&P 500 index notched its best first quarterly performance […]Read More
The Federal Government has revoked 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying. Dele Alake, Minister of Solid Minerals Development, announced the revocation at a press conference on Wednesday. According to him, this is done in furtherance of efforts to sanitise Nigeria’s mining sector. He declared that in line with constitutional provisions, adequate […]Read More
In a significant move towards sustainable energy solutions, the Federal Government has announced its intentions to establish a Compressed Natural Gas (CNG) park at the Ajaokuta Steel Company in Kogi State. The revelation came from Prince Shuaibu Audu, the Minister of Steel Development, in a statement issued by his media aide, Lizzy Okoji, on Monday […]Read More
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