Nigeria has largely untapped deposits of 44 minerals, which include gold, iron ore, coal, tin and zinc, in more than 500 locations spread across Africa’s most populous nation. But most of the mining is artisanal and the absence of gold refineries means value typically has not been added in the supply chain.
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GON hopes to focus on eight sub-sectors: iron ore, gold, copper, coal, tar-sands/bitumen, barite, lead-zinc, and dimension stone. Nigeria has proven reserves of coal estimated at over two billion metric tons, and coal-fired electrical power is being explored by the GON as an additional source of power.
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It is not hyperbolic for one to say that Nigeria is massively rich both in oil and in solid minerals, hence the presence of mining companies in the country. Mining is said to have started in Nigeria in 1903 when the Northern protectorate was surveyed. Mining of gold in Nigeria started around the year 1910, […]
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We visited gold mines, ore processing sites and lead mines where we collected soil and water samples and completed a hazard evaluation for each site. We also worked with the Nigerian Ministry of Mines and Steel Development (MMSD) in coordination with other government agencies to conduct a three-day training session to increase the capacity within government agencies to evaluate hazards in ASM.
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The mine is an open letter to the world on Nigeria’s brewing industrial revolution, as the country looks set to tap into its untapped deposits of metals including iron ore, gold, zinc and lead, in a bid to create value, generate wealth and create employment opportunities for the Nigerian youth.
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The Segilola gold project in Nigeria is expected to produce an average of 80,000oz of gold through its mine life. Ore will be processed at a 625,000tpa processing plant. Diesel generators and compressed natural gas generators will be the main sources of power supply for the project. Image courtesy of Thor Explorations.
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