Page 73 - Mining Act News Today

  The mining sector has been in existence in Nigeria as far back as the 1900s, and in the past was a major revenue source for the Nigerian government. By the 1940s, Nigeria was a major producer of tin, columbite and coal and it was not until the discovery of oil in 1956 that the development of the sector regressed, as government and other stakeholders in the industry began focusing on the new resource. Mining activities before 2007 in Nigeria were carried out in accordance with the provisions ...

The Mining Cadestre Office (MCO) said no waivers for mineral title holders that failed to pay annual service fees.

This Omai Gold Mines profile is part of a paid investor education campaign.* Overview Base and precious metals mining make up a significant portion of Guyana’s economy. The country’s mineral heritage not only includes high-quality copper, iron and nickel occurrences but well-known deposits of gold, bauxite and diamonds. Leveraging Guyana’s pro-mining government and the country’s stable Mining Act, resource companies operating in the country could offer investors significant returns. In ...

The Santa Rita Mountains of Arizona. ($1LENCE D00600D via English Wikipedia) (CN) — A Canadian mining company should be permitted to pile waste rock on U.S. Forest Service land in Arizona near a planned open-pit copper mine, attorneys for the federal agency and the company told a Ninth Circuit appeals panel Monday.  The U.S. Service Forest Service approved placement of a tailings pile, which would cover 2,700 acres, on “open land” — land not covered by a mining claim — located two mi...

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Nigeria’s mining authorities to revoke 3,000 mineral titles The titles at risk of federal axe represent 25 per cent of the total 10,959 mining operators registered in Nigeria. Federal mining licensors at Nigeria’s Mining Cadastre Office(MCO) are looking to February 12 to commence the revocation of some 2,763 mineral titles whose holders have failed to pay outstanding yearly service fees in a new aggressive revenue drive designed to swell government’s coffers in 2021. The titles at risk o...

Philippine mines continue unhampered 4 years after Gina’s shutdown order In Benguet, critics are dismayed and wary of environmental degradation and natural disasters. The Chamber of Mines of the Philippines is also waiting for Malacañang to resolve the suspensions and “move mining forward.” BY MARIA ELENA CATAJAN January 31, 2021 | 12:30:00 PM What you need to know about this story: The la...

Government should act against Galamsey to secure our environment By Eco-Conscious Citizens JAN 29, 2021 We, the undersigned congratulate Ghanaians on relatively peaceful elections. We note that the President, His Excellency Nana Addo Dankwa Akufo-Addo has sworn to dedicate himself to the service and well-being of Ghanaians, advance peace, progress and prosperity using his Executive Power as Head of State and Commander-in-Chief of the Armed Forces of Ghana. Recent developments in the forestry a...

  Period under review · Galileo acquired 100% of Botswana-incorporated Crocus-Serv (Pty) Ltd ("Crocus"), whose assets comprise of 21 copper and nickel-PGE (Platinum Group Elements) exploration Prospecting Licences ("PLs") in the highly prospective Kalahari Copper Belt ("KCB") and the Limpopo Mobile Belt ("LMB") in western and eastern Botswana respectively. The consideration of £163,020 for the acquisition comprised the issue of a total 38,814,246 new Galileo ordinary...

Newcrest Mining Limited - Quarterly Report for the Three Months Ended 31 December 2020 Strong quarterly production, safety and unit cost records, progress on growth Strong operating performance in the December 2020 quarter ( All-In Sustaining Cost (AISC) of $968/oz ( ( Safety Transformation Plan delivering results Record low TRIFR outcomes for Red Chris and Telfer Overall Group TRIFR of 1.6, an equal record low for a quarter Growth agenda advanced with significant progress made at the Haviero...