Generation
Posted By OrePulse
Published: 08 Jan, 2025 08:49
Nigeria Resumes Mining in Zamfara State
Nigeria’s Minister of Solid Minerals Development Dele Alake announced the country has lifted a five-year ban on mining exploration in the northwestern Zamfara, citing improved security conditions.
The region boasts large deposits of gold, lithium and copper; however, mining activities were suspended in 2019 as a result of attacks and theft.
According to Minister Alake, Nigeria has significant potential to diversify its economy with the mining sector. Recently, the government has introduced a series of reforms, including revoking unused licenses, offering investors a 75% stake in a new national mining company and cutting exports of unprocessed minerals.
Related Articles
Parliament Committee says no need to review three ...
10 Sep, 2024 07:57
Zimbabwe’s Biggest Miners Seek $182 Million for So...
12 Sep, 2024 06:57
GreenGo Energy Expands into Namibia with Strategic...
12 Sep, 2024 07:51
OPEC Fund approves $1.2 billion for development pr...
13 Sep, 2024 08:59
Floating solar starts to gather pace in Africa, as...
13 Sep, 2024 13:18
Prominent South African energy company files for l...
16 Sep, 2024 11:00
Libyan Export Decline and Fed Speculation Propel O...
17 Sep, 2024 08:00
South Sudan says it is ready to restart pumping oi...
17 Sep, 2024 13:23
Interest grows in Africa’s oil and gas hotspot...
18 Sep, 2024 10:42
South Africa Sanctions New National Petroleum Comp...
18 Sep, 2024 12:37Trending News
Energy Other
Algeria to share oil output in deal with Saudi company...
23 Jun, 2026 11:14
54 min read
Energy Markets
Oil prices fall 0.36 percent to $77.24 as Hormuz shipping slowly recovers...
23 Jun, 2026 08:20
64 min read