‘Why Nigeria isn’t making fortunes from mining’
The Nigerian Society of Engineers (NSE), Kaduna State branch, on Tuesday, rose from its quarterly review meeting, explaining why Nigeria has not been making fortunes from its abundant natural resources over the years, especially in mining sector. Among others, the engineers believed that Nigeria got it all wrong around 1972 with indigenisation policy that stipulated…
Group urges miners to involve host communities in mining activities
The Africa Centre for Leadership, Strategy and Development (Centre LSD) has admonished miners in the country to carry relevant stakeholders in their host communities along to avoid crisis.
Ministry targets 27bn dollars contribution to GDP by 2025
The Ministry of Mines and Steel Development says it will contribute 27 billion dollars about (N9.7trillion) to the Gross Domestic Product (GDP) by 2025.
South Africa’s economy contracts in fourth quarter as mining & manufacturing slip
South Africa’s economy contracted 0.3 percent quarter-on-quarter in the final three months of last year as mining and manufacturing output shrank, the statistics agency said on Tuesday, putting credit ratings at risk.
Mining activities and tectonic ripples
For so many years, illegal and unregulated mining activities have gone on in Nigeria to the disadvantage of the country and now, it is beginning to look like mother nature is whispering its disagreement for our indiscretion in this regard.
Nigeria consolidates workable regulation for mining industry
The Minister of Solid Minerals Development, Dr. Kayode Fayemi, who made these known at International Mining Investment Conference, IMICON 2016, said the conference fits into the ministry’s strategic objectives to reposition the mining industry.
Nigeria and South Africa in search of prosperity in mining - Part 2
We will work towards stoking aggregate demand and restructuring entire swathes of our societies to prepare them for the next generation of jobs, and delivering a joined up locomotive of growth.
Nigeria and South Africa in search of prosperity in mining - Part 1
The state visit to Nigeria by President Jacob Zuma sometime ago marked the beginning of a new chapter in relations between Nigeria and South Africa. Both countries have shared a sometime turbulent history....