acquire mining exploration nigeria

acquire mining exploration nigeria

THE LEGAL AND REGULATORY FRAMEWORKK FOR MINING IN

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

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Nigerian Mining Industry: Opportunities for Foreign ...

An investor may enter into the mining industry in Nigeria through the acquisition of an existing mining property from the original owner however an approval must be obtained from the Ministry of Solid Minerals Development for such acquisition or by obtaining an application either for a Prospecting Right (PR), an Exclusive Prospecting Licence (EPL), or a Special Exclusive Prospecting Licence ...

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Thor Exploration acquires new exploration licences in Nigeria

27/04/2019  TSXV-listed mineral exploration company Thor Explorations has been granted, through its wholly owned subsidiary Segilola Gold, two new gold exploration licences, located in southwest Nigeria. Nigeria – The new licences, which total 178 km 2, are located between 15 km and 20 km from the Segilola gold project and cover significant sections of the structural trends that extend to the south of ...

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acquire mining exploration nigeria

Wildsky Resources to Acquire NiobiumKnow More. Wildsky Resources to Acquire Niobium-Titanium and Gold Exploration Licenses in Nigeria. Mining News - Published on Tue, 15 Oct 2019.... Acquisition Of Interests In Offshore Nigerian Oil Mining LicenseKnow More. TO ACQUISITION OF INTERESTS IN OFFSHORE NIGERIAN OIL MINING The OML 130 area also contains a range of further exploration

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Nigerian Mining Sector Brief 1 Nigerian Mining Sector Brief

the key activities in the sector as follows: exploration and mining (upstream), processing and beneficiation (mid-stream), and marketing and transportation (downstream). Only the upstream and downstream subsectors are . currently active. The Government plans to implement some initiatives to enliven the mid-stream subsector. For example, there are plans to bolster production and beneficiation ...

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acquire mining e ploration nigeria - Mining

acquire mining e ploration nigeria Oct 02, 2017 The relevant sections of the Act are -Section 48 and 59 of Nigerian Minerals andMiningAct, 2007; TheNigeriaMinerals andMiningRegulations, 2011. TheNigeria MiningCadastre Office, on receipt of a valid application, is obliged by law to grant and issue an Exploration Licence within 30days.

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Adamawa acquires 12 mining ... - Premium Times Nigeria

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 ...

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TNOG acquires 45% interest in OML 17 in Nigeria Oil ...

19/01/2021  TNOG Oil and Gas Ltd. acquired 45% in Oil Mining Lease 17 and associated infrastructure in Eastern Niger Delta from Shell, Total SE, and ENI in Nigeria. TNOG will be sole operator in the lease.

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Nigeria: ADM Energy to acquire further interest in OML 113 ...

24/02/2020  Nigeria: ADM Energy to acquire further interest in OML 113 from EER 24 Feb 2020 AIM-listed ADM Energy has entered into a sale and purchase agreement with EER (Colobus) Nigeria to acquire, subject to satisfaction of certain conditions, a participating interest of 2.25% from EER in oil mining lease OML 113 , which includes the Aje field , in which it already has an interest of 2.7%.

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the procedure for oil prospecting licence in Nigeria

Only the holder of a concession can engage in petroleum prospecting in Nigeria. Concessions are allocated to operators based on an open competitive bidding process. The Government awards oil exploration and prospecting license through competitive bidding known as licensing rounds. The company must produce evidence of financial capacity that must not be less than the US $10,000,000

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The Processes of Obtaining Mining Exploration Licence in ...

02/10/2017  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.

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Nigerian Mining Sector Brief 1 Nigerian Mining Sector Brief

the key activities in the sector as follows: exploration and mining (upstream), processing and beneficiation (mid-stream), and marketing and transportation (downstream). Only the upstream and downstream subsectors are . currently active. The Government plans to implement some initiatives to enliven the mid-stream subsector. For example, there are plans to bolster production and beneficiation ...

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Thor Exploration acquires new exploration licences in

27/04/2019  TSXV-listed mineral exploration company Thor Explorations has been granted, through its wholly owned subsidiary Segilola Gold, two new gold exploration licences, located in southwest Nigeria. Nigeria – The new licences, which total 178 km 2, are located between 15 km and 20 km from the Segilola gold project and cover significant sections of the structural trends that extend to the south of ...

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10 Best Mining Companies in Nigeria – Nigerian Infopedia

In Nigeria, mining activities are regulated by the Federal ministry of mines and steel development. There are many top mining companies in Nigeria who are still carrying out exploration services in the country. Some are owned by Nigerians while some are foreign companies. In this article, we will highlight the top 10 mining companies in the country based on the minerals explore and the ...

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Adamawa acquires 12 mining ... - Premium Times Nigeria

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 ...

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TNOG acquires 45% interest in OML 17 in Nigeria Oil ...

TNOG Oil and Gas Ltd. acquired 45% in Oil Mining Lease 17 and associated infrastructure in Eastern Niger Delta from Shell, Total SE, and ENI in Nigeria. TNOG will be sole operator in the lease.

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About Wasia - Mining Company in Abuja, Nigeria, Africa

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.

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Nigeria: ADM Energy to acquire further interest in OML

24/02/2020  AIM-listed ADM Energy has entered into a sale and purchase agreement with EER (Colobus) Nigeria to acquire, subject to satisfaction of certain conditions, a participating interest of 2.25% from EER in oil mining lease OML 113, which includes the Aje field, in which it already has an interest of 2.7%.Consideration for the acquisition is $3,000,000, to be satisfied by the issue of

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Home Thor Explorations Ltd.

Thor also has a portfolio of licences in south-west Nigeria, a region the Company considers to be a largely unexplored part of West Africa with highly prospective geology, significant artisanal and small scale gold mining. The Company’s exploration licences in the region cover approximately 913 km 2.

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acQuire - Geoscientific Information Management Software ...

acQuire’s GIM Solutions provides you with the big picture of your geoscientific data. We combine people, process and technology to help you manage your geoscientific data across your natural resources business. GIM is short for Geoscientific Information Management, a term coined by acQuire who realised geoscientific data is a strategic asset used to make profitable business decisions based ...

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The Processes of Obtaining Mining Exploration Licence in ...

02/10/2017  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.

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Mining industry of Nigeria - Wikipedia

The Nigeria Uranium Mining Company (NUMCO) was a parastatal organization that controlled the exploration and mining of uranium in Nigeria and was a public/private partnership with Total Compagnie Minière of France, which owned 40% of the company. In 1989, Total pulled out of the partnership, and in 1993 the government reassigned NUMCO's responsibilities to the Nigerian

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Mining Law 2021 Laws and Regulations Nigeria ICLG

09/10/2020  Only Nigerian citizens with legal capacity who have not been convicted of a criminal offence can own reconnaissance, exploration and mining rights in Nigeria. As regards legal entities, see response to question 4.1 above. 4.5 Does the State have free carry rights or options to acquire shareholdings? The State does not have free carry rights or options to acquire shareholdings under

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TNOG acquires 45% interest in OML 17 in Nigeria Oil ...

TNOG Oil and Gas Ltd. acquired 45% in Oil Mining Lease 17 and associated infrastructure in Eastern Niger Delta from Shell, Total SE, and ENI in Nigeria. TNOG will be sole operator in the lease.

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10 Best Mining Companies in Nigeria – Nigerian Infopedia

In Nigeria, mining activities are regulated by the Federal ministry of mines and steel development. There are many top mining companies in Nigeria who are still carrying out exploration services in the country. Some are owned by Nigerians while some are foreign companies. In this article, we will highlight the top 10 mining companies in the country based on the minerals explore and the ...

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About Wasia - Mining Company in Abuja, Nigeria, Africa

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.

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Solid Mineral in Nigeria [Guidelines On Exploring, Mining ...

1. Have access, enter, fly over any land in Nigeria which has been leased for mining. 2. Carry out exploration on the leased land. 3. Obtain, market, and sell minerals mined from the land. 4. Use water, timbers in accordance to the law governing the activities.

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Home Thor Explorations Ltd.

Thor also has a portfolio of licences in south-west Nigeria, a region the Company considers to be a largely unexplored part of West Africa with highly prospective geology, significant artisanal and small scale gold mining. The Company’s exploration licences in the region cover approximately 913 km 2.

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Thor Explorations: Cementing its position in Nigeria

29/10/2019  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 1.5 years. “The positive change to the gold price since the release of our DFS results, which traded above $1 500/oz in August, makes the project even ...

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acQuire - Geoscientific Information Management Software ...

acQuire’s GIM Solutions provides you with the big picture of your geoscientific data. We combine people, process and technology to help you manage your geoscientific data across your natural resources business. GIM is short for Geoscientific Information Management, a term coined by acQuire who realised geoscientific data is a strategic asset used to make profitable business decisions based ...

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