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Over 40 solid minerals found in Nigeria – Minister

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MINISTER of Mines and Steel Development, Olamilekan Adegbite, yesterday, said that about 44 solid minerals had been found in over 500 locations in Nigeria, with many in commercial quantities.

  Adegbite gave the figure while addressing State House Correspondents during their team’s weekly presentation in Presidential Villa, Abuja.

  Explaining the figure as part of his achievements in office, Adegbite said government was reviewing the Mining Act 2007 to bring it up to date, saying that   according to him, the mineral deposits are broadly categorised according to their uses, into five groups.

  According to him, his ministry was currently working on projects across the six geopolitical zones which would be commissioned by July this year.

  “We are about to conclude the Bitumen Auction, we have completed the automation of the Mining Cadastre System to meet international standards for online mining title and license applications and approvals. The ministry also has large scale gold production platform through Segilola Gold project and proposed refining through Dukia Gold and Kian Smith. 

  The famous Ladi Kwali Pottery Center is being remodelled and resuscitated to train Nigerians in modern pottery and ceramic works. Nigeria Mining Development Company (NMDC) has signed a Memorandum of Understanding MOU with the DICON to produce alloys hitherto imported from China. Under the (MoU), Brass will be processed for Armament and Lead for Ammunition. We have repositioned the SMDF and we are finalising an amendment to the act to further institutionalise the fund along global best practices,” he said.

  Adegbite also said Nigeria has commenced gold exports through the Segilola resource development, which is expected to export 100,000 ounces of gold annually. Others include the launching of made-in-Nigeria barite, establishment of mining-related clusters in the six geopolitical zones of Nigeria, and Jewellery Making Training Center in Abuja, where 45 students recruited from all the 36 states and FCT are being trained on Jewellery making.

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