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PDF | This work seeks to highlight the regulatory framework of the Nigeria Mining industry and the challenges of mining operations in Nigeria with a... | Find, read and cite all the research you ...
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The Niger Delta region of Nigeria is home to oil and gas exploration in Nigeria, and thus the mainstay of the economy. It comprises nine states of the Federation with a total population of 42.65 ...
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Current and emerging challenges of the Mining sector: Several factors have been cited as responsible for the poor performance of the Nigerian mining industry
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The five biggest challenges facing the mining industry The mining industry comes with its fair share of challenges; from scarce resources to uncertainty around commodity prices. It means miners are always looking at ways to overcome barriers to stay competitive. We explore 5 of the biggest barriers currently facing the industry. 1 2 Access to ...
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In this article, we'll explore the types of gemstones found in Nigeria, the mining and production process, as well as the challenges and opportunities facing the gemstone industry in Nigeria. Types of Gemstones in Nigeria. Nigeria has a variety of gemstones including tourmaline, aquamarine, topaz, garnet, sapphire, emerald, …
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Just like most industries, mining is facing significant changes and challenges in the 2020s, which means businesses have to balance the risks and costs to stay ahead of their competitors. The crucial challenges discussed here show the need to be agile, ready for change, and continuously strive for excellence in all parts of the …
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present before mining activities cannot be replaced after the process has ended (Merem et al. 2017). Mining is a significant threat to biodiversity, as it leads to large massive habitat losses (Paul and Campbell, 2011). 2.0 Mining Issues in Nigeria Nigeria's abundant solid minerals constitute some of the largest known deposits under
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Exploration of solid minerals in Nigeria began during the pre-colonial era (1903/ 1904) when the British colonial government organize mining operation covering both the northern and southern ...
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Nigeria's energy source is mainly derived from petroleum reserves, natural gas, hydroelectricity and solar. The country remains a top producer of crude oil and natural gas in Africa. Some 45% of Nigeria's population is actively connected to the energy grid and much of that is concentrated in urban areas.
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Mining in Nigeria. Mining in Nigeria dates back to 1902 when organised mining in its exploration stage started with the then Secretary of State for Colonies commissioning mineral surveys of the Southern and Northern Protectorates (MMSD, 2016).The first record of a mined mineral was tin ore by the Royal Niger Company in …
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The challenges of operating in the Mining sector in Nigeria range from insecurity, poor data gathering, infrastructural deficiency etc. In addition to these challenges, it is not unusual to read about disputes between companies and host communities based on environmental issues.
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In 2019 the government made the decision to revise the Nigeria Minerals and Mining Act (NMMA), the law that has governed the sector since it came into force in 2007. However, as a result of the disruption caused by the Covid-19 pandemic, as well as other international and domestic challenges, the passage of the revised
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These sort of reports on banditry and insurgencies across several mining States have discouraged foreign investors from participating in the Nigeria mining sector. Former Minister of State Mines and Steel Development, Uchechukwu Ogah, disclosed that Nigeria has in the past six years lost revenue estimated at $5 billion to the smuggling of …
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The mining industry is still recalibrating to a set of strong headwinds after the commodity boom peaked in 2011. From volatile market conditions to resource scarcity and environmental mandates, the challenges facing the mining industry has forced miners to re-think the way they operate.
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One of the targets of the roadmap is the growth of the sectors' total contribution (direct and indirect) to Nigeria's GDP to about 10% by 2026. Pursuant to this target, the …
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One of the targets of the roadmap is the growth of the sectors' total contribution (direct and indirect) to Nigeria's GDP to about 10% by 2026. Pursuant to this target, the Government launched a N30 billion intervention fund to open up the sector to multinational companies. The fund was to be used to promote exploration and research.
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The aim of this paper is to discuss the current problems and challenges facing the four major modes of transportation in Nigeria, which affect their continued contribution to the economic development of the country in the 21 st Century as well as their prospects for further development in the future. Data used were obtained from in-depth …
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AUTHOR: Sascha-Lee Solomonds, Mining Review Africa content editor "In 2015, coal mined in Nigeria totalled 144.88 billion metric tonnes, while metal ore mined totaled around 22 638.96 million metric tonnes," he illustrates.
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Nigeria's global strategic importance derives from its position as having both Africa's largest population and economy, a reality undergirded by the entrepreneurial drive of its young population. Despite the lingering effects of the Covid-19 pandemic on the economy, aggressive intervention programmes by the Central Bank of Nigeria and support from …
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In this, the 16th edition of Tracking the trends, a team of professionals from around the world provides insights and examples, as well as practical ideas to help …
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Also, a few junior mining companies have executed joint venture arrangements with indigenous companies for mining operations. As of May 2024, a total of 7,182 companies and individuals were licensed to operate in the upstream subsector. The distribution of the entities approved, based on the type of licences held, is shown in the …
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The challenges facing the mining industry are complex, but not insurmountable. Connected worker solutions offer a powerful tool to address these challenges and empower mining operations to achieve sustainability, efficiency, and long-term success. By equipping your workforce with the right tools and technologies, you can:
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Nigeria's mining sector is entering a new phase following the Covid-19 pandemic, with greater government support and a growing role as an important generator of export …
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Despite the enormous potential of the mining sector to accelerate Nigeria's economic prosperity and sustainable development, several factors have continued to impede the sector's capacity to perform optimally. ... Plateau state as a case study to understand the specific context, challenges and opportunities for ASM workers, site managers ...
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Supply chain integrity concerns have been a significant driver, especially from consumer-facing companies in the automotive and electronic sectors. Accordingly, the ability of a mining company to …
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Nigeria's abundant solid minerals constitute some of the largest known deposits in recent years under different categories. With the activities in the sector characterized by production and a ...
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The challenges of operating in the Mining sector in Nigeria range from insecurity, poor data gathering, infrastructural deficiency etc. In addition to these …
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An Opportunity for Diversification, Wealth Creation and Industrialization. A Case for Maximizing Opportunities in the Mining Sector. With more than half of the …
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The future of the mining industry is increasingly being shaped by environmental, social, and governance (ESG) imperatives. The expectation of a transition to net zero by 2050 (or sooner) is well established, but external stakeholders are gaining more influence on how ambitiously mining companies address a host of ESG-related priorities.
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The development of the mining subsector of the Nigerian economy will create more jobs for citizens of the country. Currently, individuals and companies currently engaged in mining activities in the country are facing various challenges and some of these are discussed here. PROBLEMS OF MINING IN NIGERIA . Infrastructural …
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