acquire mining exploration nigeria

Australian Mines to Acquire Nigeria Gold

Australian Mines has completed due diligence to acquire Nigeria Gold owned by Mines Geotechniques MGL in north-west Nigeria The company said it expects NGL to finalise the acquisition by mid-January MGL owns 47 granted exploration licences covering 2 170 million square...

HOW TO OBTAIN MINING LICENSES IN NIGERIA

The Nigeria Mining Cadastre Office on receipt of a valid application is obliged by law to grant and issue an Exploration Licence within 30days A licence will not be granted over any land that is subject of an existing Exploration Licence Mining Lease Small Scale Mining Lease Quarry Lease or closed to prospecting/mining activity eg...

Mining industry of Nigeria

Mining is the extraction removal of minerals and metals from the earth The Nigerian Coal Corporation NCC is a parastatal corporation that was formed in 1950 and held a monopoly on the mining processing and sales of coal lignite and coke products until 1999 Coal was first discovered in Enugu in 1909 at the Udi Ridge in Enugu This was found by a British mine Engineer known as Albert Kitson...

Top 20 List Of Mining Companies in Nigeria and their

This is a new company with the focus of mining exploration as copper zinc ore gypsum limestone 19 G and G Mining and Energy Nigeria Limited Location Abuja Phone 08 062583333 Website gyminingfab The firm began rendering the began...

Mining industry of Nigeria

Mining is the extraction removal of minerals and metals from the earth The Nigerian Coal Corporation NCC is a parastatal corporation that was formed in 1950 and held a monopoly on the mining processing and sales of coal lignite and coke products...

the procedure for oil prospecting licence in Nigeria

It imposes a tax on profits made from the operations The Act subject exploration and production companies to pay the rate of 85 of their assessable profits to the government Conclusion To acquire an interest in an oil field a company must first acquire licenses which are granted subject to the approval of the Minister for Petroleum Resourc...

Oil Exploration Licenses in Nigeria ESQ Legal Practice

Feb 21 2018 0183 32 The Oil Exploration License OEL is the non-exclusive right of a licensee to explore oil and gas within the area of the grant This License confers exclusive rights of surface and subsurface exploration for the production of petroleum in an area not more than 2590 sq...

The Processes of Obtaining Mining Exploration Licence in

Oct 02 2017 0183 32 The relevant sections of the Act are -Section 48 and 59 of Nigerian Minerals and Mining Act 2007 The Nigeria Minerals and Mining Regulations 2011 The Nigeria Mining Cadastre Office on receipt of a valid application is obliged by law to grant and issue an Exploration Licence within 30days...

Adamawa acquires 12 mining

The Adamawa Mining Company Limited says it has acquired 12 licenses for solid minerals explorations in the state Shanti Shashi the state Commissioner of Solid Minerals Resources disclosed this...

THE LEGAL AND REGULATORY FRAMEWORKK FOR MINING

The following are the different mining titles that a private party may acquire for the exploration and exploitation of mineral resources in Nigeria a Reconnaissance Permit This permit allows on a non-exclusive basis reconnaissance activities on all land within Nigeria that is available for mining operations The permit is...

About H Oil Minerals Ltd

About H Oil Minerals Ltd Company overview strategic equity partners and connections Company Overview H Oil Minerals founded in early 2006 is the specialist oil gas and mineral exploration development and trading company of the H Oil group The Company seeks to acquire or co-invest with our strategic partners in oil...

Nigeria s Japaul JAPAULOI to Raise 70 Million to Switch

Aug 20 2020 0183 32 Japaul Oil Maritime Services Plc a Nigerian petroleum-services company plans to raise 27 billion naira 70 million in a share offer in November to fund its switch to mining as crude...

Symbol Mining Doubles Exploration Holdings In Nigeria

ASX listed base metals producer Symbol Mining has nearly doubled its exploration holdings in Nigeria after it was granted 6 additional exploration licences covering 472 square kilometres surrounding the flagship Macy lead/zinc mine this week acquires or wishes to acquire tenements within this zone then the Imperial JV will have the right...

About Wasia

About Wasia - Wasia African Mining Co Ltd is a Nigerian-based mining company with RC No 1480359 Since we started as a mining firm we have executed exploration projects in multiple states acquired several geophysical and mining equipment earthmoving machinery and more importantly we have acquired the necessary operating licenses and permits...

The Okwok Oil Field Project Nigeria Africa

The field was discovered in 1967 through the discovery well Okwok-1 The discovery was made by a joint venture between Nigerian National Petroleum Corporation NNPC and Mobil Producing Nigeria a subsidiary of ExxonMobil Location The field is situated about 45km off the coast of Nigeria in water depths of 35m to 50m...

Alien Metals to acquire Silver Tailings Project at

Mar 10 2021 0183 32 The company has entered into a 60 day exclusivity arrangement with the owner of the tailings on site within the Elizabeth Hill Mining Licence using this period to carry out further assessment of the tailings in situ and potentially negotiate an acquisition by Alien of the rights and title to the Elizabeth Hill tailings project if terms can be agreed between the parti...

Onajite Okoloko

Onajite Okoloko again led a consortium of investors in the company to participate in the marginal field licensing round during which they were awarded a 70 interest in the Umusadege oil field located in Oil Mining Lease OML 56 which is situated at the northern area of Delta State Nigeria...

Thor Explorations Cementing its position in Nigeria

Oct 29 2019 0183 32 Read more about gold mining The Segilola open pit economics were robust says Lawson adding that at a 1 300/oz gold price the project has a net present value 5 of 138 million an internal rate of return of 50 and a payback of 15 years The plan is to continue exploration in Nigeria in parallel to construction of Segilola...

Future Acquisitions

Equatorial Mining Exploration Plc was established in 2012 to pursue the exploration development and trading of African industrial mineral assets EME plc is an investment company listed on the London NEX exchange with an existing but now dormant under care and maintenance coal asset in Nigeria...

Oil exploration in colonial Nigeria

November 1905 with the aim to acquire and work the exploration concessions of Nigeria Properties and the Nigeria and West African Development Syndicate The concessionary area was expanded in November 1906 when the company bought the concession of the Northern Nigeria Syndicate which was situated adjacent to that of Nigeria Bitumen in the...

JOS A CENTURY OF TIN EXPLORATION AND ENVIRONMENTAL

Feb 16 2015 0183 32 Tin mining started in the Tin City way back in1902 and by the mid-1940s the British government formally entered into exploration and mining in the region making it the number one foreign export from Nigeria...

MINERAL RESOURCES OF NIGERIA Moses Olade 2 updates

May 14 2020 0183 32 In 1979 Nigeria had initiated construction of the iron and steel projects which by 1985 were over 90 complete including the National Iron ore Mining Company at Itakpe two liquid steel...

Uranium Occurrences and Exploration Potential of Nigeria

In 2009 Nigeria signed a cooperative agreement with Russia that includes assistance with the exploration and mining of uranium and transfer of nuclear technology including construction of a Russian power reactor and a new research reactor World Nuclear Association 2013...

Nigerian Mining Industry Opportunities for Foreign

The ownership of the mineral resources is vested in the Federal Government of Nigeria as custodian on behalf of the citizens of the country The Nigerian government has recognized that the successful exploration and exploitation of its mineral resources requires both technical expertise and financial strength to a large extent can be provided by foreign investors...

PROCEDURE FOR OBTAINING A MINING LEASE IN NIGERIA

The grant of Mining Lease is coordinated by the Federal Ministry of Mines and Steel Development MMSD under the Mining Cadastre Office approving same It is also very instructive to note that applications for a mining lease in Nigeria must strictly comply and conform with requirements and procedures under the laws that regulate the sector which...

Mining Exploration Forum Nigeria

Mining Exploration Forum Nigeria Jos Plateau State Nigeria 2 072 likes 24 talking about this 63 were here A Forum primarily engaged in metallic mineral exploration and mining in Nigeria...

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