R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Nigeria to offer 12.7bn naira mining contract to eight firms

By: Reuters     5th July 2018 Nigeria will offer a 12.7-billion naira ($41.6-million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday, adding both foreign and local firms were encouraged to participate. Nigeria's economy, one of Africa's largest, has been built... 

Nigeria seeks to boost mining reserves to lure investors

By: Bloomberg     20th October 2017 Nigeria plans to spend 15-billion naira ($42-million) over the next year to explore for minerals and attract investors into mining and reduce its dependence on oil, Solid Minerals Development Minister Kayode Fayemi said. “Because we are starting from a low base, we want to have a portfolio of... 

2017 important for industry growth in Nigeria

By: Johane Turkstra     14th April 2017 With the introduction of the Nigerian mining-growth roadmap, 2017 will be an important year for sector development and industry growth in the country, and Mining Investment Africa endeavours to be part of this engine of growth, says event organiser Spire Events MD Daniel Radziszewski. The... 

Nigeria plan to link mines to steel mill seen as Buhari test

By: Bloomberg     18th January 2017 Nigeria’s plan to build a railway to supply iron-ore to its idle Ajaokuta steel plant could be the biggest sign yet that President Muhammadu Buhari is implementing his policy to diversify away from oil. The project began in 1979 with what the World Bank in 2002 called obsolete Soviet technology,... 

Nigerian mining earmarked for growth, but GDP contribution in last five years a measly 0.15%

By: Ilan Solomons     4th March 2016 Nigeria’s attempt to revitalise its solid minerals sector as part of a broad strategy to lessen its dependence on oil and gas is yet to produce substantial results, with the sector contributing less than 0.15% to the country’s gross domestic product (GDP) in the past five years. The mining of... 

Nigerian mining earmarked for growth, but GDP contribution in last five years a measly 0.15%

By: Ilan Solomons     4th March 2016 Nigeria’s solid minerals mining industry, which has been earmarked for growth, is still developing, as there has been very limited growth in the industry in the past five years, despite the sector’s potential, advisory firm KPMG Nigeria tax, regulatory and people services senior manager Olufemi... 

PwC to partner two bodies in leading efforts to help Nigeria unlock $100bn from natural resources sector

By: Ilan Solomons     11th December 2015 Nigerian business and ethical networking platform and consultancy for sustainability CSR-in-Action, the Nigerian Extractive Industries Transparency Initiative (NEITI) and advisory firm PwC will co-chair a working group to assist Nigeria in sustainably unlocking about $100-billion of value a year... 

Nigeria surpasses SA as continent's biggest economy

By: Reuters     7th April 2014 Nigeria has overtaken South Africa as Africa's largest economy after a rebasing calculation nearly doubled its gross domestic product (GDP), data from the statistics office showed on Sunday. GDP for 2013 in Africa's top oil producer totalled 80.3-trillion naira, or $509.9-billion, the Nigeria... 

Consultancy’s indaba debut

By: Ilan Solomons     24th January 2014 Pan African risk management consultancy firm Salama Fikira will exhibit at this year’s Investing in African Mining Indaba, at the Cape Town International Convention Centre, from February 3 to 6. “Last year, we sent our operations manager to the conference as a regular delegate. He believed that... 


Latest News


Latest Videos



Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close