2023220 · Nigeria’s mining sector boasts 44 different types of commercially viable minerals worth an estimated $700bn, according to SMDF estimates; but limited capital injections, inadequate geo-mapping tools and widespread illegal mining have left the west African nation struggling to capitalise on its reserves.
view moreGeographic coverage Benin, Cameroon, Central African Republic, Chad, Congo DR, Congo Republic, Equatorial Guinea, Gabon, Ghana, Liberia, Nigeria, Sao Tome and ...
view more2021527 · A concise guide to applicable duties, royalties and taxes for mining activities in Nigeria.
view moreWith greater government support and a growing role as a generator of export earnings, Nigeria’s mining sector is poised to maximise its considerable potential in precious metals and gems. Total revenue from the sector is expected to rise by 25% to N3.6bn ($8.5m) in 2023, reflecting its resilience, as well as continued federal and state support. The …
view moreA new company that engages in the mining of solid minerals is exempt from tax for the first three years of its operation. Small or medium sized companies engaged in primary agricultural production are eligible for an initial tax-free period of four years, which may be extended for an additional two-year period, subject to satisfactory performance.
view more2023824 · Chile, for example, recently clarified mining rules with a new public-private partnership model, leading to more than 50 companies from around the world jostling to negotiate lithium deals in a country representing 30 per cent of global lithium production.
view more202267 · The Nigerian Minerals and Mining Act 2007 (the 'NMMA' or the 'Act') Enacted by the National Assembly pursuant to its constitutional mandate, the NMMA is the principal law governing the mining sector. It is the primary sectoral law which also vests ownership and control of mineral resources in the FG, to hold and manage same on …
view more20231121 · On Saturday, Nov 18, Nigerian bitcoin mining company, Trojan Mining, announced their new 500KW hydro-powered bitcoin mining facility.
view more202467 · The erstwhile Ministry of Mines & Steel Development (MMSD) oversaw the mining sector in Nigeria, pre-2024. However, the administration of President Bola Ahmed Tinubu split the Ministry into two (2) separate ministries in 2023 for more focused and effective administration.
view more2024515 · Export prizes 2024: and Austria’s top exporters are… ADVANTAGE AUSTRIA has been honouring Austrian companies on track for international success.
view moreBased on over 30 years' experiences in design, production and service of crushing and s
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