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Mining in Nigeria is the process by which solid minerals and other useful substances are extracted from the earth The geological survey of Nigeria has indicated the presence of over 34 minerals that are currently being mined in more than 450 locations spread all over the country The development of the mining subsector of the Nigerian economy will create more jobs for citizens of the country
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Nigerian Minerals and Mining Act repealed the Minerals and Mining Act No 34 of 1999 and re enacted the Nigerian Minerals and Mining Act 2024 for the purposes of regulating the exploration of solid minerals among other purposes Water Resources Act Cap W2 LFN 2024 This aims at promoting the optimum development use and protection of water resources Hydrocarbon Oil Refineries Act
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General Civil Corporate Commercial Law Firm in Lagos Nigeria Lawyers Serving Lagos Nigeria 234 809 922 3322 Resolution Law Firm is based in Lagos and Abuja Nigeria The firm represents clients throughout Nigeria The firm was established by a team of lawyers with a passion and dedication to cater to the needs for
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There is hope There is hope for better interpretation and implementation of the laws guiding mining activities in Nigeria There is hope for the protection of investments in the country through the law There is hope for the enabling environment that will allow the mining sector to thrive in Nigeria There is hope for restoration of investors
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Section 60 of the Act stipulates that the duration of a Mining Lease is 25 years which is subject to renewal provided that the holder has complied with minimum work programme and all other legal and regulatory requirements for mining in Nigeria The mining lease area shall be determined in relation to the ore body as defined in the
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The Mining Law 2024 Namibia Minerals Act of 1992 Niger Mining Code 2024 amending the Mining Code 1993 Sierra Leone The Mines and Mineral Act 2024 South Africa Mineral and Petroleum Resource Development Act 2024 MPRDA Amended 2024 Broad Based Socio Economic Empowerment Charter for the Mining and Minerals Industry 2024 and amended in 2024 Mining Charter Codes of Good Practice
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About Us Women in Mining in Nigeria WIMIN Women in Mining in Nigeria WIMIN is a non governmental organization focused on women s advancement in the Nigerian mineral exploration and mining carries out its programmes through research capacity building advocacy and campaigns built on the principles of partnership and rights based approach
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Oct 16 2021NIGERIAN MINERALS AND MINING ACT 2024 is one of the Environmental Laws in Nigeria that repeals the Minerals and Mining Act No 34 of 1999 and re enacts the Nigerian Minerals and Mining Act 2024 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria and for related purposes
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9 SBOG Nigeria Ltd Location Ibusa House 2nd floor 5 Sunday Oganyade Street Gbagada Lagos Nigeria Phone 08022484302 Website This is an organization that produces and mines metallic mineral ores This firm is a privately owned company They deal on zinc and lead
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The current position of Nigerian law however is that assignments leases or mortgages of any mining title or any portion of the rights in any such titles can only be undertaken subject to the consent of the Minister17 Such consent is expressly stated to be discretionary
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Dec 17 2021Nigeria passed the 2024 law deregulating the mining of solid minerals in a bid to attract much needed private investment to develop the underperforming and neglected sector
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Contract law in Nigeria is one of the developments in the economic and legal reform of the Federal Government of Nigeria aimed at protecting the rights of the parties involved in business transactions Several other reforms such as the Law of Minerals and Mining Act 2024 saw the regulator of the sector gaining powers to grant licenses secure
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Pursuant to the provisions of the Act a foreign entity operating in Nigerian petroleum sectors must have recourse to local development Conclusion Finally oil mining lease usually valid up to 20 years when issued It takes within 3 to 6 months for a mining lease to be processed and it can only be granted to the holder of oil prospecting
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BJ Barton Canadian Law of Mining Calgary Institute of Resources Law 1993 at BJ Barton Canadian Law of Mining Calgary Institute of Resources Law 1993 at Bank of Montreal v Dynex Petroleum Ltd 2024 SCC Third Eye Capital Corporation v Dianor Resources Inc 2024 ONCA Ibid Ibid Manitok Energy Inc Re 2024 ABQB 488 Manitok
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P10 Laws of then Federation of Nigeria 2024 Established by the NNOC Act No 18 of 1971 NNPC Act No 33 of 1977 now NNPC Act Cap N 10 LFN 2024 Yemi Oke Relevance of Derivatives and Related Debt Instruments to Public Private Sector Financing of Energy Resources in Nigeria NIALS Journal of Law and Public Policy 2024 at page 210
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GDP From Mining in Nigeria increased to NGN Million in the first quarter of 2024 from NGN Million in the fourth quarter of 2024 GDP From Mining in Nigeria averaged NGN Million from 2024 until 2024 reaching an all time high of NGN Million in the first quarter of 2024 and a record low of NGN Million in the fourth quarter of 2024
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Safer Mining Practices Reduce Hazardous Exposures in Small Scale Mining in Nigeria A pilot program to reduce lead poisoning in Nigerian gold mining communities has brought extraordinary improvements to an area where hundreds of children had died from lead poisoning according to a study published today The study authors concluded that a two
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Unlike countries such as Ghana and Burkina Faso Nigeria does not have a well developed large scale mining sector and the majority of gold mining in the country is carried out by artisanal and small scale miners Artisanal mining activities in Nigeria are almost by definition informal that is operating outside current laws and regulations
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Dentons ACAS Law is the result of a combination between Dentons and Adepetun Caxton Martins Agbor Segun in April amalgamated entity is active in the oil and gas power renewable energy and mining industries The scope of its work includes concession licensing and acquisitions midstream and downstream transactions and financings
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Briggs insisted on restructuring of Nigeria saying it would take care of obnoxious laws including Land Use Act Mineral and Mining Act 2024 ownership and control of minerals We will
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Lex Artifex LLP provides a wide range of timely and cost efficient integrated legal solutions to its clients both internationally and in firm s practice areas include corporate and commercial law regulatory compliance due diligence real estate joint ventures mergers acquisitions investment advisory taxation company secretarial services debt recovery shipping
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Mining law is codified in the Federal Minerals and Mining Act of 1999 Historically Nigeria s mining industry was monopolized by state owned public corporations This led to a decline in productivity in almost all mineral industries
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llegal Mining Group Calls for Speedy Justice in Cases Involving Chinese Suspects 13 May 2024 A coalition of Nigerian mining host communities and Civil Society groups in the mining sector has called for speedy dispensation of justice in cases involving 19 foreigners and 21 Nigerians arrested recently for illegal mining activities in Osun and Zamfara states
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NIGERIAN MINING CORPORATION ACT admin September 16 2024 Laws of the Federation ARRANGEMENT OF SECTIONS SECTION Establishment of the Nigerian Mining Corporation Membership Tenure of office etc Functions of the Corporation Powers of the Corporation General manager and secretary of the Corporation Staff generally Borrowing powers
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The Presidential Artisanal Gold Mining Development Initiative PAGMI is a comprehensive artisanal and small scale gold mining development programme launched in 2024 to foster the formalization and integration of artisanal gold mining activities into Nigeria s legal economic and institutional framework
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The Cybercrimes Prohibition and Prevention Act 2024 has a significant impact on cyber law in Nigeria This Act creates a comprehensive legal regulatory and institutional framework in Nigeria to prohibit prevent detect prosecute and punish cybercrime The Act also encourages cybersecurity and protection of computer systems and networks electronic communications data and
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Gold is a highly valued precious mineral that is commonly used as jewelry The abundance of gold deposits exists in areas such as Ilesha Anka Malele Maru Iperindo Ife Birnin Gwari kwaga Bin Yauri Gurmana and Tsohon Production of gold in Nigeria started in the 1930s The mining of gold in Nigeria was also impacted by the civil war
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October 14 2024 By Peter Mary Tanimu Mr Olamilekan Adegbite the Minister of Mines and Steel Development says perpetrators of illegal mining in Nigeria are mostly foreigners Adegbite made this known to the News Agency of Nigeria NAN on Wednesday in Abuja He said that all illegal mining happening in Nigeria could be traced
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This Bill seeks to repeal the Nigerian Oil and Gas Industry Act NOGIDA 2024 This Bill has passed the second reading in both the Senate and House of representatives Some of the highlights of the Bill are a The Bill stipulates that first consideration is to be given to Nigerian indigenous companies and firms in the award of licences and
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Dec 31 2021Mining In November the Nigerian government unveiled plans to revise its crucial mining law the Nigeria Minerals and Mining Act NMMA The outdated law which hasn t been updated since 2024 is accused of stifling growth and development in the nation s undeveloped mining sector
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