Latest News for: Nigeria mining


Thor Explorations more than doubles resource at Senegal gold project

Mining Dot Com 20 Mar 2023
Echelon Capital Markets called the new figures “impressive” for Douta, which lies in in the far southeast of Senegal and is 70% owned by Thor while the rest is held by local partner International Mining Co ... Thor operates the Segilola gold mine in Nigeria, about 200 km northeast of Lagos, which has produced 98,000 oz.

Three Soldiers Killed, 11 People Injured in Mine Blast in Nigeria - Reports

Urdu Point 17 Mar 2023
Three soldiers were killed and 11 other people were injured as a result of a mine explosion in northeastern Nigeria, media reported on Friday, citing sources ... Nigeria, media reported on Friday, citing sources.

San Leon Energy Sees No Economic Impact From Possible Nigerian Mine Operator Change

Market Watch 13 Mar 2023
By Michael Susin. San Leon Energy PLC said Monday that its economic interest in oil mining license 18 in Nigeria isn't impacted by a possible change of operator for the license. The oil-and-gas company added that Eroton Exploration & Production Company Ltd ... .

‘Point Accusing Finger’ Wrong

This Day 11 Mar 2023
The March online edition of Nigeria Political Economist, published by a friend of mine, Kenneth Ugbechie, formally welcomes us this weekend with three slips ... “Zinox Computers, his trademark, have been deployed at (in) African Union conferences in Nigeria and the (The) Gambia.” For a knowledge society ... Nigerian or Nigeria’s election violence.

Africa’s ‘Big Two’ Economies Punished for Lack of Action Against Terrorist Financiers

The Epoch Times 10 Mar 2023
Financial experts warn the gray-listing could be “devastating” to Nigeria’s and South Africa’s economies, both heavily based on extractive industries such as oil and gold mining, as it would reduce foreign direct investment.

Stock Market Close Flat on Profit-taking in MRS, 21 Others

This Day 08 Mar 2023
... N1 billion amid profit-taking in MRS Oil Nigeria and 21 others ... The market negative performance was driven by price depreciation in large and medium capitalised stocks which are; MRS Oil Nigeria, Multiverse Mining and Exploration, Zenith Bank, NCR Nigeria and FBN Holdings (FBNH).

San Leon Energy Shares Fall on Reports of Operator Removal at Nigerian Mining License

Market Watch 07 Mar 2023
By Elena Vardon. Shares in San Leon Energy PLC fell 17% on Tuesday after the company said it noted a recent statement that Eroton Exploration & Production Company Ltd. has been removed as an operator of its oil mining license OML 18 in Nigeria as there is currently no production from the field ... Advertisement. .

The deadliest accidental explosions ever recorded

Purcell Register 01 Mar 2023
Almost all are related in some way to industrial efforts, and a significant portion of them are due to the uniquely dangerous combination of factors that go into mining coal ... Mine Number One was part of a larger network of mining shafts that extended underneath Nanaimo Harbour ... Warri, Nigeria, West Africa (2000) ... Warri, Nigeria, West Africa (2000).

Nigeria: SAN Leon Energy Reacts to NNPCL Take Over of OML 18

All Africa 01 Mar 2023
San Leon Energy Plc, an independent oil and gas production, development and exploration company focused on Nigeria, has reacted to recent speculation about the operation of the Oil Mining License (OML) 18 ....

How America plans to break China’s grip on African minerals

Economist 28 Feb 2023
Mining Indaba, Africa’s largest mining conference, is an anthropologist’s dream ... “It is not enough just to be America.” \nSameh Shenouda, the executive director of the Africa Finance Corporation, a pan-African fund based in Nigeria, welcomes renewed Western interest in African mining, but he has two worries.

San Leon Energy Shares Fall on Press Speculation Regarding Nigerian Mining License

Market Watch 27 Feb 2023
... speculation in Nigeria regarding the operations at oil mining license OML 18, where it holds an indirect economic interest.

Nigerian Law Firms and Foreign Names: Matters Arising

This Day 25 Feb 2023
I must not be misunderstood to argue that law firms in Nigeria cannot bear names that are by patent, invented or abstract, or religious names ... A foreigner wanted to do business in Nigeria. I easily recommended a friend of mine who is an expert in that field of law where I am not ... Many of the biggest law firms in Nigeria bear wholly indigenous names.

Nigeria bets on new gold project to attract more miners

Mining Dot Com 22 Feb 2023
“Mining in Nigeria has largely been ignored for years but the sector is now a strategic priority for the federal government,” Martin Lokanc, a senior mining specialist with the World Bank, said in an interview ... Additional gold projects, however, are likely still some way off as the journey from discovery to mine can take 10-15 years.

Nnamani, Ezeife, Others Take Steps to Minimise Post-election Crisis

This Day 22 Feb 2023
Also, Ezeife, who posited that there was no need preaching for people to understand that the country was in a make or break situation, said there was no basis for violence, acrimony, adding that the new Nigeria would accommodate everyone ... We are either Igbo, Yoruba or Hausa by accident, no choice of mine ... The new Nigeria will accommodate all of us.

Nigeria bets on new gold mines as it pivots away from oil

Business Day 22 Feb 2023
Carved from forested hills by excavators and explosives, Nigeria’s only industrial gold mine yielded 98,000 ...

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