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Nigeria Gold Mining News Monitoring Get by Email RSS Published on Mar 24 2021 Solid Minerals Nigeria must do more to diversify economy says Lawan Senate President Ahmad Lawan By Taiwo Okanlawon President of the Senate Ahmad Lawan has said Nigeria has a lot more to do if the country must succeed in diversifying its economy by

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Nigerias turn to gold mining to help reduce its reliance on oil could have harmful consequences a researcher has claimed In June 2020 Nigerias president Muhammadu Buhari was presented with

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Tree Mines Global is a Nigerian mining and exploration company with Gold and other solid mineral properties covering an area of 177 sq Kilometers in Kwara State and Kogi State in the Federal Republic of Nigeria

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Prof Adesoji Adesugba the Managing Director of the Nigerian Export Processing Zone Authority NEPZA has revealed that the country could earn well over 10 billion yearly from the gold and jewel manufacturing sector if properly harnessed He said we are always talking of other industrial minerals oil and gas but nobody has ever looked at

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Artisanal and smallscale gold mining ASGM has long been practiced in Nigeria and around the world Strengthened by historically high gold prices a lack of viable alternative livelihoods and a ready if expensive supply of mercury there has been a resurgence of ASGM activities in northern Nigeria

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Jun 16 2020 The governments ban of artisanal gold mining in Zamfara State and across the region and the deployment of soldiers to enforce the ban since April 2019 have yielded few results

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According to reports gold from Nigeria when properly refined and purified could be as good as any gold from any country in the world There is need for adequate legislation on gold mining

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Feb 28 2021 The NigerianCanadian company mining gold in Nigerias Osun State is to start exporting the precious metal in June this year The Minister of Mines and Steel Development Mr Olamilekan Adegbite made the announcement in Abuja on Sunday Speaking at a forum of the News Agency of Nigeria NAN

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It implies conducting mining activities without licensepermit or using inappropriate permit which is detrimental to development of Nigeria and this has also led to recent illegal sales of gold to

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Gold is however one of the safest currencies in the world He noted that price hike at the international stock market contributed to the spike in illegal mining Zamfara State in North West Nigeria is also well known for illegal gold mining which prompted the Federal Government to freeze operations there in

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Also reports from the Nigeria Extractive Industries Transparency Initiative NEITI indicated that Nigeria lost about nine billion dollars to illegal mining operations and gold exportation from 2014 to 2015 and in six years accrued to 54 billion dollars Kalu concluded

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According to Kalu gold mining operations in Nigeria are capable of providing no fewer than 250000 jobs and over 500 million dollars annually in royalties and taxes to the Federal Government and

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Jun 09 2020 Gold is however one of the safest currencies in the world He noted that price hike at the international stock market contributed to the spike in illegal mining Zamfara State in North West Nigeria is also well known for illegal gold mining which prompted the Federal Government to freeze operations there in April 2019

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The Ministry of Mines and Steel Development Mr Olamilekan Adegbite has said Nigeria was working to avoid the repeat of Zamfara experience in Nasarawa State where bandits were in charge of gold mining Adegbite who received the Governor of Nassarawa State Alhaji Abdullahi Sule recently said that the ministry was working with relevant

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Jan 03 2021 A British firm Panthera Resources Plc has announced that its associated company Moydow Holdings Limited Moydow has commenced gold mining at its Paimasa Project in Nigeria

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Mar 26 2021 Losses to illegal gold mining Apart from the health hazards from illegal mining of gold in the country Nigeria is said to be losing about 9 billion yearly to illegal mining and gold exportation

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Aug 10 2020 The timely prospect of mining gold in Nigeria The future of gold in Nigeria Segilola Gold project leads the way Gbemisola Alonge Gold in Nigeria Source Stears Business Share this story There is a gold project in the southwestern part of Nigeria Osun state The construction of the mine has started they have gone through the

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Dec 09 2020 The Senate on Wednesday in an adopted motion urged the Executive arm of government to initiate investigations into illegal mining of gold in Zamfara and other gold endowed states across Nigeria

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mining operation in Nigeria although some open pit mines such as at Ag baja Kogi ir on mine n ear Lokoja and I takpe mine ne ar Ok ene whe n full y

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Jul 28 2020 Three tones of gold this year With the new initiative Shinkafi said that We are targeting 3 tonnes of gold by the end of this year and 10 tonnes in the following year Obviously legitimately mining gold in Nigeria is sure one of the best ventures for any investor

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Nigeria To Generate 500m Annually From Gold Mining Buhari President Muhammadu Buhari has said improved gold mining operations in the country would generate over 500 million annually in royalties and taxes to the Federal Government while creating no fewer than 250000 jobs for citizens

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PAGMI is a comprehensive artisanal and smallscale gold mining development programme launched in 2019 to foster the formalisation and integration of artisanal or illegal gold mining activities into Nigerias legal economic and institutional framework It was designed as a broader strategy to address the structural and institutional

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Oct 27 2020 Gold is one of the most valuable resources in Nigeria It also accounts for an extensive amount of artisanal mining activities Large deposits of gold have been found in the northwest and southwest of Nigeria and other parts of the country mainly as a result of exploratory activities and activities of artisanal miners

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Mar 01 2021 Gold is the most traded mineral in Nigeria and these people mine gold and get nuggets There are several thousands of such miners when you aggregate what they mine it comes in large volume and several kilos of gold he said READ MORE Covid19 FG launches Rapid Response Register RRR for urban poor affected by pandemic

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Jun 09 2020 Nigerian gold is known to presently dominate the Dubai gold market So as long as the gold is properly refined and purified the gold from Nigeria is as good as the gold from any country he said Olatunji noted that a detailed exploration programme would determine the quantity and quality of Nigerias gold occurrences

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