The Federal Ministry of Mines and Steel Development, says state governments lack constitutional powers to close down any mining company operating with valid mineral title. Mr Francis Wuyep, Director, Mines Inspectorate, Feder [...]

A Nigerian gold exploration project located in the south-western State of Osun was on Wednesday, February 7 announced as winner of the 2018 “Investment Battlefield” competition at the Investing in African Mining Indaba in Cap [...]

….Wins 2018 Investment Battlefield …country named among top ten mining designations for 2019 A Nigerian firm, Thor Exploration Limited (also known as Segilola), a gold mining company operating in Osun State, Nigeria has emerg [...]

…..Releases results of  new Electromagnetic survey Determined to ensure predictability in its mining sector and boost local and international investments, the Federal Government has concluded arrangements to establish the Nig [...]

Mrs Zaheera Baba-Ari, Managing Director, Nigeria Commodity Exchange (NCX), has said that the exchange is set to introduce new products aimed at boosting the nation’s non-oil and gas sector’s export earnings. Mr Chris Echikwu, [...]

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said the ongoing expansion in the power sector was done to support expected growth in the country’s mining sector and other heavy industrial concerns. Fasho [...]

….Presentation of country’s new airborne electromagnetic survey top on agenda The Minister of Mines and Steel Development, Dr. Kayode Fayemi, is leading the Nigerian delegation to the  Investing in African Mining Indaba, whic [...]

Eighteen Chinese are currently facing prosecution while 36 Nigerians have also been arrested for engaging in illegal mining, Minister of Mines and Steel Development, Kayode Fayemi, said on Wednesday. Fayemi said one Dan China [...]

The Federal Government, on Tuesday, disclosed that the combination of funding and litigation constraints were issues delaying the rehabilitation and completion of the Ajaukuta steel company. It also declared that as at 2010, [...]

…..MIST, NCMMRD created to aid state participation, says Minister The Federal Government has said it would continue to pursue the implementation of well thought- out reforms and strategic partnerships with key stakeholders in [...]