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How To Obtain Mining Licenses In Nigeria - Investment - Nigeria - Nairaland

Contrary to public perception, the procedure through which one can obtain Mining Licenses in Nigeria has been liberalized and made easy; unlike during the Military era when you must belong to the elite to be able to operate in that Sector. Any Nigerian or Foreign investor can obtain these licenses easily through the procedures discussed bellow.

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Nigeria Revokes Eleven Oil Mining Licenses

April 7, 2020. SAN FRANCISCO, April 07, (THEWILL) - The Nigerian Government has revoked Oil Mining Licences (OML) of 11 oil and gas companies operating in the Marginal Fields. The Guardian reports that the affected companies include Movido-Ekeh, Goland - Otiti, Independent Energy - Ofa, Associated-Tom Shot Bank, Bayelsa - Ayala ...

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Columbite-tantalite {Coltan} Mining in Nigeria; the Opportunities ...

Granting of a Mining License to a prospective company is subject to proof of economic reserve of the mineral commodity for which a concession is sought. The process involves the company first applying to the Honourable Minister for Certificate of Entry into Mining Industry. ... Report Title: COLUMBITE ORE MINING AND PROCESSING IN NIGERIA, THE ...

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Oil and Gas Industry News & Markets - The Energy Year

Ghana Licence Areas Map 2022; Oil Mining and Prospecting Licences Nigeria 2021; Developing Nigeria's Domestic Gas Potential 2021; Nigeria's Refining Revolution 2021; Nigeria Map Pack 2021; ALL MAPS. NEWS. Qatar plans to up solar capacity with two new plants. Qatar - August 24, 2022.

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NMCN :: Renewal of Licence - Nursing and Midwifery Council of Nigeria

The renewal of license by the Council is supported and enforced by section 5 of the Amended Decree 54 of 1988 which categorically stipulates that ... Payment of N13,125 for renewal and penalty of N6,562 for each year of default on Nursing and Midwifery Council of Nigeria through REMITA on the renewal portal; Staff/Members Email . Email Login.

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Managing the challenges of obtaining a social license to operate in the ...

Mining companies may face several challenges when obtaining a social license to operate in Ondo State, Nigeria. Results from the surveys with the members of the oil sands communities under study provided consistent support for this hypothesis.

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Procedure for obtaining a Mining Licence in Nigeria

Procedure for obtaining a Mining Licence in Nigeria. A grant of a Mining Licence to a prospective company is subject to proof of economic reserve of the mineral commodity for which a concession is sought. The process involves the company first applying to the Honourable Minister for Certificate of Entry into Mining Industry.

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THE PROCEDURE FOR OIL PROSPECTING LICENCE IN NIGERIA - Resolution law firm

An Oil Prospecting license is granted by the Federal Government to a Company or Joint Venture to prospect for petroleum resources. This license is granted to the licensee to conduct extensive exploration activities, remove and dispose of commercially feasible petroleum discovered during prospecting operations.

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Nigeria's NNPC secures $3.15 bln to develop oil mining licence

Nigeria's state oil company has secured $3.15 billion from Sterling Oil Exploration and Energy Production Company Limited to develop oil mining licence 13, it said in a statement on Twitter on ...

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Permit/Licence Application Guidelines | Ministry of Mines and Steel ...

Licences and Mining Title Applications. Artisanal and Small-Scale Mining (ASM) Mines Environmental Compliance (MEC) Mining Cadastre Office (MCO) ... (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 ...

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Top mining companies in Nigeria - Legit.ng

Mining companies in Nigeria. 1. Eta-Zuma Group. This big group combines eight companies. Eta-Zuma has all the necessary licenses for exploring gold, iron ore, coal, and other solid minerals. It works with tantalite, marble, limestone, and other natural resources Nigeria has. All the companies existed separately until 2009.

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Marginal Fields: Nigeria Awards Oil Mining Licences To 161 Companies

2 days ago401786. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded Petroleum Prospecting Licences (PPLs) to 161 successful 2020 marginal fields awardees. The commission also officially unveiled the Host Communities Development Regulations and model Petroleum Prospecting Licences (PPLs). Chief Timipre Sylva, the Minister of State ...

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1,759 illegal mining sites operate in Nigeria - Minister of Mines and ...

The number of illegal mining sites in operation all over Nigeria has been set at 1,759, according to Vanguard.. This information was disclosed by Minister of Mines and Steel Development, Architect Olamilekan Adegbite while speaking at an event that brought stakeholders in the sector together in Ekiti.. The Details: Giving details about the illegal sites, Adegbite noted that the government had ...

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Laws of the Federation of Nigeria - Petroleum Act 1990

Laws of the Federation of Nigeria Arrangement of Sections 1. Vesting of petroleum in the State, etc. 2. Oil exploration licences, oil prospecting licences and oil mining leases 3. Refineries. 4. Control of petroleum products. 5. Offences in connection with the distribution of petroleum products 6. Price control. 7. Rights of pre-emption. 8.

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Home | Ministry of Mines and Steel Development

Licences and Mining Title Applications. Artisanal and Small-Scale Mining (ASM) Mines Environmental Compliance (MEC) Mining Cadastre Office (MCO) ... (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 ...

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Nigeria to review mining licences as part of industry overhaul - Yahoo!

Nigeria will review all its mining licences as its wants to overhaul a largely unproductive sector dominated by artisan miners, the mining ministry said on Monday. To make a sector 80 percent dominated by artisan miners more efficient, mining minister Kayode Fayemi said all licences would be reviewed by March 1, according to a statement. "The period from today to 1st March 2016 should be ...

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Nigeria - Statistics & Facts | Statista

Apr 1, 2021. In mid-2017, about 1.25 billion people lived in Africa, and Nigeria was the most populous nation on the continent. It is estimated that by 2050, Nigeria will be the third most ...

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NIGERIAN MINERALS AND MINING ACT,2007 - The iGuides

A 486 2007 No. 20 Nigerian Minerals and Mining Act Functions of the Minister. metres of a railway, or which isthe site of, or within fifty metres of, any government or public building, reservoir, dam or public road; (d) that is subject to the provisions of the National Commission for Museums and Monuments Act, Cap.

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Nigeria to publish mining licence results - 9Finance

Nigeria has completed a review of its mining licences and will publish the results next week, and companies which did not comply face having their licences revoked. Nigeria, the continent's top ...

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NIGERIAN MINERALS AND MINING ACT - Food and Agriculture Organization

Qualification for Exploration Licence. 49. Qualification for Small-scale Mining Lease. 50. Qualification for Mining Lease. ... Minerals and Mining Act 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria; and for related purposes. [2007 No. 50.] [29. th March, 2007]

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The Legal and Regulatory Frameworkk for Mining in Nigeria: a Catalyst ...

land within Nigeria that is available for mining operations. The permit is issued and valid for a period of 1 (One) year and may be renewed upon satisfactory application for renewal of same. This permit does not cover land which is already the subject of a mining exploration licence, small scale

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Energy & Mining Laws and Licenses in Indonesia | GBG

For metals, a maximum of 50,000 hectares for exploration in the fourth year of exploration is granted and 25,000 hectares for the beginning of production or in the eighth year. Foreign owned license holders must divest 20% within 5 years of production commencing, replacing the 51% under the CoW. Existing CoW are still valid but must be ...

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Segilola Gold Project, Osun, Lagos, Nigeria - Mining Technology

The Segilola gold project in Nigeria is expected to produce an average of 80,000oz of gold through its mine life. Ore will be processed at a 625,000tpa processing plant. Diesel generators and compressed natural gas generators will be the main sources of power supply for the project. Image courtesy of Thor Explorations.

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Valid Mining titles | Ministry of Mines and Steel Development

Licences and Mining Title Applications. Artisanal and Small-Scale Mining (ASM) Mines Environmental Compliance (MEC) Mining Cadastre Office (MCO) ... (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja, F.C.T., Nigeria. Call Us: +234 9 ...

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Cost of Mining License in Nigeria (August 2022) - Nigerian Price

Generally, the amount that will be charged for the mining license depends on the nature of the work that is to be done by the professional. Officially, the Possess or Purchase License costs N30,000. However, other charges, including the processing fees, the consultancy fees, and other related fees make this quoted amount way higher.

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Licenses | National Revenue Authority

Reconnaissance Licence (flat fee) $5,000: Exploration Licence (Years 1 to 4) $100 per km2: Exploration Licence (Years 5 to 9) - first 125 km2: $400 per km2: Exploration Licence (Years 5 to 9) -parts of areas in excess of 125 km2: $800 per km2: Artisanal Mining Licence: Small-scale Mining Licence: $600 per hectare: Large-scale Mining Licence ...

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Cost of Mining License Permit in Nigeria (2022) - Nigerian Infopedia

May 24, 2021Here is a simplified process on how to apply and obtain a mining license in the country: First, the applicant is to obtain the application form which is contingent upon l the category of lease he is applying for. This should be done through the Mining Cadastre Offices or download same from their website.

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Mining industry of Nigeria - Wikipedia

Mining is the extraction or removal of minerals and metals from the earth. The Nigerian Coal Corporation is a parastatal corporation that was formed in 1950 and held a monopoly on the mining, processing, and sales of coal, lignite, and coke products until 1999.. Coal was first discovered in Enugu in 1909 at the Udi Ridge in Enugu. It was found by Albert Kitson, a British mine engineer.

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PROCEDURE FOR OBTAINING A MINING LEASE IN NIGERIA - Resolution law firm

Requirements for grant of mining lease in Nigeria are as follows: Exploration License Certified true copy of company certificate and other incorporation documents Completed application forms Pre-Feasibility Report Prospecting plan Payment of processing fee Evidence of financial capability

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Oil Pipelines Act - Centre for Human Rights

Oil Pipeline Licence 7. Holder of permit entitled to oil pipeline licence. 8. Application for licence and notice thereof. 9. Notice of objection. 10. Inquiry and report thereafter. 11. Rights and obligations of the holder of a licence. 12. Power to impose restrictions on use of adjoining lands. 13. Deviations. 14. Restrictions in respect of

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Managing Mining Licenses in Nigeria

management of mining licences within Nigeria. This topic is important for many reasons namely: • Nigeria urgently needs to act on diversification to reduce dependency on oil and hydro carbons; • The sector most potent to fill this gap is the mining sub-sector, for which Nigeria is abundantly blessed ;

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FG Yet To Award Coal Mining Licences—Fayemi - Business Post Nigeria

He said the Federal Government had stated that coal mining licences would be issued only to companies interested in generating electricity from coal. ... Guinness Nigeria depreciated by 8.29 per cent to N83.00, Consolidated Hallmark Insurance declined by 7.69 per cent to 60 Kobo, while Regency Assurance decreased by 7.41 per cent to 25 Kobo.

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Signed Licences - Nigeria Mining Cadastre Office

Nigeria Mining Cadastre Office > Signed Licences List of Signed Mining Titles Download Signed Licences (as at 20 December 2017) Download Signed Licences (as at 04 July 2017) Download Signed Licences (as at 13 March 2017) Download Signed Licences (as at 25th November 2015) Download Signed Grant for Collection

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Sand mining threatens ways of life, from Cambodia to Nigeria - Environment

Sand mining threatens ways of life, from Cambodia to Nigeria. A global building boom is driving a high demand for sand, and some of it is getting sourced from sensitive river systems that people ...

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Managing Mining Licenses in Nigeria

The licensing system here in Nigeria seems to capture both small scale and artisanal like in other countries, small scale mining operation is now limited to indigenous operators and it is a step in the right direction.

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Thor Exploration acquires new exploration licences in Nigeria

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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Procedures and Cost for Obtaining Mining License In Nigeria

Mineral Resources Export Permit. These can be obtained from the mining office within the Ministry of Mining and Steel Development (MMSD) 1. Possess or Purchase License Requirements to obtain the license. Certificate of Incorporation of the company and other incorporation documents. Application letter stating the type of minerals to be possessed ...

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Nigeria - Corporate - Taxes on corporate income - PwC

Corporate - Taxes on corporate income. Last reviewed - 28 July 2022. Resident companies are liable to corporate income tax (CIT) on their worldwide income while non-residents are subject to CIT on their Nigeria-source income. The CIT rate is 30% for large companies (i.e. companies with gross turnover greater than NGN 100 million), assessed on a ...

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How To Start Mining in Nigeria: Licence Requirements - FirstClassNigeria

The official fee for acquiring a mining license permit in Nigeria is ₦30,000. When it comes to the cost of a mining license, the amount that will be charged is determined by the sort of job that will be performed by the miner.

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Mining Royalties - ISBN: 0821365029 - World Bank

2.4 User Costs in the Mining Industry 28 3.1 Effective Tax Rate vs. per Capita GDP for 24 International Mining Jurisdictions 119 3.2 Effective Tax Rate vs. Contribution of Mining to GDP for 24 International Mining Jurisdictions 119 4.1 Cumulative NPV Using $1.05 per Pound Copper 175 4.2 Cumulative NPV Using Cyclical Copper Pricing 177

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