Aliko Dangote, Chairman of the Board of Directors, Dangote Cement Plc. have announced the signing of a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. The agreement was signed on Thursday between Dangote Group and Ethiopian Investment Holdings, the government’s strategic investment arm. Under the agreement, […]Read More
August 25, 2025 China’s thermal coal imports are set for a substantial rise this month, reaching 25.63 million tons, which would be the highest monthly increase since last December, Kpler reported, as cited by Reuters’ Clyde Russell. The estimated August total would compare to thermal coal imports of 22.77 million barrels daily for July. More than half […]Read More
Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and officials of the Japan Organization for Metals and Energy Security (JOGMEC) have pledged to work out plans to encourage Japanese mining companies to invest in Nigeria’s mining sector. The milestone is a key takeaway from deliberations between both parties last Thursday in Yokohama, venue of […]Read More
August 15, 2025 Coal production in China fell by 3.8% on the year last month, to the lowest level since April 2024 in the first annual decline for this year, Reuters reported today, citing figures from China’s statistics bureau. The production over the first seven months of the year, however, was higher by 3.8% from last year, […]Read More
Mali’s military junta has started building the West African state’s first-ever gold refinery in partnership with a Russian conglomerate, the Yadran Group. The project would embody Mali’s assertion of its “economic sovereignty”, and ensure the nation benefited from its mineral wealth, military leader Gen Assimi Goïta said. He has strengthened military and economic ties with […]Read More
The Minister of Solid Minerals Development, Dr. Dele Alake has officially launched a capacity enhancement programme for the first batch of Nigerian mining professionals at Murdoch University, Australia. The initiative is a key outcome of the Nigeria–Australia collaboration with the support of the Commonwealth Government , aimed at addressing skill gaps in the mining sector […]Read More
As Nigeria marks two years under the leadership of President Bola Ahmed Tinubu, I believe it is important to reflect, not from the lens of politics, but from the perspective of business, of industry, and of the economy. I speak not only as the Chairman of BUA Group – one of Africa’s largest conglomerates, but […]Read More
China and Nigeria collaborates to unlocking the potential of Nigeria’s Solid Minerals sector through the establishment of electric vehicle factories in Nigeria. Speaking while paying a courtesy visit to the Minister of Solid Minerals Development, Dr. Dele Alake in his office at the weekend, HE Yu Dunhai emphasised that Nigeria is a great country blessed […]Read More
9 May 2025 A looming global copper shortage could stall the world’s transition to clean energy and digital technologies unless smarter trade and investment strategies are adopted, the UN’s trade and development body, UNCTAD, has warned. In its latest Global Trade Update, released this week, UNCTAD describes copper as “the new strategic raw material” at the heart of the […]Read More
The Federal Government (FG) collected N6,957,826,200 mining fees and registered 118 new private mineral buying centres in the first quarter of this year. Giving the details at the second Annual Mining Conference organised by Businessday newspaper in Abuja at the weekend, Minister of Solid Minerals Development, Dr Dele Alake, said the revenues reflect the outcome […]Read More
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