However, an SSML can be converted to proper Mining License if the scale of production or usage of it exceeds the criteria stipulated for SSML. Possess or Purchase License: The Possess or purchase license is a mining license in Nigeria, which is required from any entity seeking to trade in mineral resources.
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2024108· Acquiring a mining site and securing an exploration license are crucial first steps in establishing a successful mining operation in Nigeria. This process involves regulatory compliance, site assessments, and adherence to national mining laws. Below is a detailed guide on how to acquire a mining site and apply for an exploration license.
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2025626· Gold mining in Nigeria has been a significant economic activity, contributing to the country’s overall mineral wealth. Nigeria is known to have …
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Lithium Mining in Nigeria: The Unstoppable Gold Rush That Will Redefine Our Nation! Obinna Ede Blog, Lithium Mining, Mining Industry News, Mining Investment, Mining Laws and Regulations
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2025418· Nigeria is richly endowed with mineral resources, making mining a critical pillar for national development and economic diversification. However, to mine legally and …
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The mining industry is an important sector in Zambia, contributing significantly to the country’s economy. To participate in this industry, companies must obtain …
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202577· Nigeria’s artisanal and small-scale mining (ASM) sector is a paradox of potential and peril. It is a main income source for a number of communities in Nasarawa and Plateau states, where ASM has become a major rural non-farm activity. Despite its significant contributions to livelihoods and the economy, the sector remains largely informal, hindering its …
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on behalf of the Federal Government of Nigeria, has announced new rates for the mining sector in a press release on 4 July 2024. The objective behind this development, as stated by the Minister, is to improve the ease of doing business, consolidate ongoing reforms, and emphasize the government''s commitment to increasing revenue from solid minerals. The new rate regimes, …
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2024122· Overlapping mining licenses are a common pitfall in the Nigeria Mining Sector, but with the right information and support, you can overcome it. This guide is your first pickaxe.
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2024107· Nigeria’s mining industry is valued at over $1.4 billion, yet many businesses remain unaware of the strict licensing requirements necessary to legally purchase and possess minerals. Without the proper license, companies face hefty fines and potential shutdowns. In this article, we break down the exact steps, costs, and legal obligations involved in securing a …
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In this post, we will take a look at how much it costs to acquire a mining license in Nigeria. We will also consider the requirements and expectations before the …
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202539· Gold mining is one of Nigeria’s most profitable mining ventures, yet many investors and entrepreneurs face legal, technical, and market challenges that can hinder success. Our expert consultancy service provides a step-by-step roadmap to help you legally start, operate, and scale a gold mining business in Nigeria.
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202539· Gold mining is one of Nigeria’s most profitable mining ventures, yet many investors and entrepreneurs face legal, technical, and market challenges that can hinder success. Our expert consultancy service provides a step-by-step roadmap to help you legally start, operate, and scale a gold mining business in Nigeria.
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MINING LEASE This type of license is proceeded by an exploration license to mine in commercial quantity. Mineral resources must have been found in satisfactory quantities making application for the lease. Duration is for a period of 25 years under the Nigeria’s Minerals and Mining Act, 2007.
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2025116· Nigeria, a nation rich in mineral resources such coal, gold, limestone, and tin, has a strong system in place to control and license mining …
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Gold mining in Nigeria in achieved significant mileage with the coming on stream of Thor Exploration Project (Segilola Gold Mining) in Osun State of over $100 million investment, being the first, largest and most advanced Gold Mining Project in Nigeria, the ongoing construction of Nigeria’s first ever Gold refinery by Kian Smith, the
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Toronto Stock Exchange (TSX)-listed gold producer, Thor Explorations, has particularly benefitted from West Africa’s burgeoning reputation as a mining hub. Having recently expanded into Côte d’Ivoire, where it acquired three exploration licences, Thor is ideally positioned for continued success and expansion in West Africa. As a company that proudly procures 80 percent of its …
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2025116· Nigeria, a nation rich in mineral resources such coal, gold, limestone, and tin, has a strong system in place to control and license mining …
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Conclusion In Nigeria, mining without the proper licenses is illegal, and acquiring the appropriate permits is crucial for anyone interested in mining activities. Consulting with legal professionals during the application process is highly recommended to ensure compliance with all regulations and avoid penalties.
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Conclusion In Nigeria, mining without the proper licenses is illegal, and acquiring the appropriate permits is crucial for anyone interested in mining activities. Consulting with legal professionals during the application process is highly recommended to ensure compliance with all regulations and avoid penalties.
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202546· 1.How much does a mining license cost in Nigeria? The official cost for a Possess or Purchase License is N30,000, but additional charges for consultancy and processing fees apply, subject to negotiation with consultants.
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202488· Mining activities in Nigeria are regulated by the Nigeria Mining Cadastre Office (NMCO), which oversees the issuance of mineral titles and …
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Lithium Mining in Nigeria: The Unstoppable Gold Rush That Will Redefine Our Nation! Obinna Ede Blog, Lithium Mining, Mining Industry News, Mining Investment, Mining Laws and Regulations
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