Mining in Nigeria-lead ore/zinc ore

SOUTHFIELD MINES & EXPORT

Southfield Mines & Export Nigeria

Nigeria’s mineral development has been highly focussed on its oil industry. Nigeria is Africa’s largest oil producer and contributes 3% to global production. As a result, the mining industry has been neglected and has only been rekindled by the Ministry of Solid Mineral Development, intent in increasing the role of this sector of Nigeria’s economy. The Ministry, in conjunction with assistance from South Africa, is to develop a geochemical database of Nigeria that is intended to facilitate exploration efforts in the country.
Currently mining contributes just 1% to Nigeria’s GDP. Nigeria has significant coal and iron ore reserves as well several gold, uranium, tantalum and REE showings throughout the country. Uranium is found in 6 of the 36 states in Nigeria.
In November 2002, the Dutch firm Geotess International Corp. established the country’s first diamond cutting and polishing centre at Jos. The same company, Geotess, also exports tantalite to China.
In 2004 the Federal Government of Nigeria and the World Bank announced that they will spend a sum of N11billion (US$120 million) to fund the solid minerals sector through the establishment of a project for sustainable management of mineral resources in an attempt to address issues of artisan and small-scale mining as a poverty reduction strategy. The project will also assist government in drafting a new Minerals Act to replace the 1999 Minerals Act. Known as Sustainable Management of Mineral Resources Project, the credit is repayable over 35 years including a 10-year grace period with no interest charged.
Towards the end of 2002 the Ministry was authorised to establish the country’s first Geological Survey, its key tasks being to act as a repository of minerals information and to ensure that this is available to the private sector.



Southfield Mines and export-The strenght of Mining in Nigeria-
southfield@ymail.com/2348094639235

Events
11.Apr.2011: LIMEP 2011, 1st Liberian Mining, Energy & Petroleum Conference & Exhibition - Monrovia, Liberia

News
Petra Diamonds is buying De Beers’ automated Finsch diamond mine
First Uranium: 9,477 ounces of gold were sold from production from the Ezulwini Mine in South Africa
Nevsun Resources Bisha Mine commissioning is progressing, Eritrea
Afri-Can Marine Minerals acquisition of the shares of Thyme Investment
El Maniel Plot A and Plot B mapping duly completed in Ghana
Bannerman measured and indicated resources increased 5% to 149Mlbs U3O8
Banro Assessment of its Namoya gold project in the DRC
Mukuba Resources completed assay results, Nyimba zinc-copper-silver project, Namibia
more news ...
Directories for Mining in Nigeria
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Other Sectors of Mining in Nigeria (11)
Bauxite Mining
Coal Mining
Copper Mining
Geophysical Surveying and Mapping
Gold Mining
Heavy Minerals Mining
Industrial Minerals Mining
Iron Ore Mining
Mining Industry Regulation
Tantalum, Niobium and Rare Earth Element Mining
Tin Mining
Other Countries in Africa with Mining Profiles (36)
Algeria
Angola
Benin
Botswana
Burkina Faso
Cameroon
Central African Republic
Chad
Côte d'Ivoire
Democratic Republic of The Congo
Egypt
Equatorial Guinea
Ethiopia
Gabon
Ghana
Guinea
Kenya
Liberia
Madagascar
Malawi
Mali
Mauritania
Morocco
Mozambique
Namibia
Niger
Rwanda
Senegal
South Africa
Sudan
Swaziland
Tanzania
Tunisia
Uganda
Zambia
Zimbabwe

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Investing in African Mining Indaba 2011 - The largest gathering of miners, explorers, project developers, mining analysts, fund managers, investment specialists, financiers and many other professions will reconvene from 7-10 February 2011 in Cape Town, South Africa. Don not miss this signature forum for mining industry opinion-shapers!
The CEF (Pty) Ltd is the South African government's holding company in the petroleum industry. CEF is mandated by the state to engage in the acquisition, exploitation, generation, manufacture, marketing and distribution of energy from and to engage in research relating to the energy sector.
For investment in Mining in Nigeria contact Southfield Mines & Export
southfield@ymail.com/:2348094639235