This paper presents the loopholes and the ways to curtail the activities of illegal mining of minerals in Nigeria. KEYWORDS: illegal, mining, government, foreigners, mining rights, minerals, Nigeria, license, reform, services, monitoring. INTRODUCTION Illegal mining is the mining operation that is carried out without consent permit or allowance
'Grey' and illegal mining, in conjunction with associated money-laundering, are growing apace, and in some Sub-Saharan countries, have become entrenched. Efforts to thwart 'grey' and illicit mining, and thereby to help retain Africa's minerals wealth on the continent, are failing – and may also violate international trade agreements.
Our research focuses on illegal sand mining on the African continent for the named reasons; however, the country that has seen the most violence in the context of illegal sand mining is India (Beiser 2016). Further research needs to expand the collection of data on sand mining and conflict to other world regions to capture the extent to which ...
Nigeria's mining sector blessed with a vast wealth of solid minerals, boasting over 44 different types scattered across 500 locations nationwide. ... While recent efforts to address illegal mining and strengthen security offer hope, sustained progress is crucial. Project Funding Constraints: Attracting investment remains a challenge due to a ...
CHALLENGES IN THE ZAMBIAN MINING INDUSTRY. Legal Hurdles. A challenge facing the mining sector is the high tax regime which deters both foreign and local investors. Mining companies indicate that the tax rates are some of the highest in the world. The complex set of laws applicable to the mining and natural resources sector also make investors ...
Accra, May 11, GNA – Illegal small-scale mining (galamsey) remains a challenge and continues to pose a threat to our very survival, President Nana Addo Dankwa Akufo-Addo has said. The menace, he said, ought to be tackled head on given its devastating effects on the environment as well as the livelihoods of the people.
The claim exposes the problems in the area caused by illegal mining that invades the private property of the Chinese company. ... In 2020, Zijin Mining Group acquired 69% of Continental Gold, a Canadian company that owns the Buriticá mine, for a price of US$ 1 billion. Despite security concerns, this purchase was made for the exploitation ...
China's massive metals industry can only maintain its size using imported minerals, frequently from limited suppliers. As part of its Belt and Road Initiative, the country has actively invested in mining assets in Africa and Latin America, and is beginning to engage in overseas refining and downstream facilities.. Many countries have welcomed this with open arms.
108. CEM OPINNION, MINING | The first hint that illegal mining of mineral resources has been going on in Akwa Ibom State was given last August by the Commissioner for Environment and Mineral Resources, Mr. Uno Uno, in a press conference. He announced that the state government had clamped down on the Chinese firm, Ruitai Mining Limited, for failing to …
Illegal gold mining has become a growing problem in Nigeria, with detrimental impacts on the country's security. ... Chinese nationals play a crucial role in extractive operations across the continent, particularly in mining for gold, other precious metals, and valuable minerals such as lithium, cobalt, and copper. The Economic Times newspaper ...