PAGMI: A Factsheet on Gold Mining Licensing and Revenues in Nigeria

Artisanal mining is prevalent because of The Ministry of Mines and Steel Department has a Technical Department dedicated to Artisanal and Small-Scale Mining, and the Nigeria Minerals and Mining Act clearly articulates how the Government can support performing mining cooperatives of small scale and artisanal miners to mine …

NIGERIA SOLID MINERAL RESOURCE POTENTIALS: AN OVERVIEW …

(NV20:2020). By 1930, the first permanent headquarters of GSN was set up in Kaduna with a ... and the Nigerian Minerals and Mining Act (the Act) was passed in 2007 to reinvigorate the Nigerian ...

Ministry of Solid Minerals Development – On the Road to …

Learn about the mission, vision and policy of the ministry that oversees the exploitation and development of mineral resources in Nigeria. Find out the latest news, statistics and …

Nigeria

Establishment of the Minerals Act and Powers of the Minister. The mineral sector is regulated by the Minerals and Mining Act 2007 ("the Act"). The Act repealed the Minerals and Mining Act, No. 34 of 1999 and vests control and ownership of all properties and minerals in, under or upon any land in Nigeria in the Federal Government 8.

The new Mining and Minerals Act 2022

On Thursday 13th October 2022, His Excellency, the President of Uganda signed the new law of the Mining and Minerals bill into a law. DGSM now operates under the new Mining and Minerals Act 2022 which replaces the Mining Act 2003 which has been in force force for the last 18 years.

Nigerian Mining

The leading source for solid mineral and mining news in Nigeria. Home; Mining Insights. Market Analysis; Innovation and Technology; Press Releases; Interviews; Investment and Funding; Commodities. Gold; Lithium; Lead Ore; ... New Mining Act to Boost GDP — Alake. The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has ...

OWNERSHIP AND CONTROL OF NATURAL …

The paper examined two extant legislations namely; the Petroleum Act and the Minerals and Mining Act and found that both Acts have extensive provisions that have adequately provided for and vest ...

OVERVIEW OF THE NIGERIAN MINING SECTOR: …

According to an estimate by the committee put together to develop a roadmap for the sustainable development of the mining and metals sector in Nigeria, the minerals …

Nigerian Mining Sector Brief

The Nigerian Minerals and Mining Act is the principal legislation that regulates the sector. The Act vests the control, regulation and ownership of all mineral resources in the …

Legal Framework Of Mining In Nigeria: An Overview

In 2007, the National Assembly enacted the Nigerian Minerals and Mining Act, 2007 (hereinafter referred to as "the Act") repealing the 1999 Minerals and Mining Act. ... 2020), the mining and quarrying sector is crucial to the growth and development of the economy through the exportation of non-oil mineral resources and the resultant ...

UNDERSTANDING THE LEGAL AND REGULATORY …

The Mining Act. The Mining Act is Nigeria's major legislation governing the mining sector. It regulates all aspects of the exploration and exploitation of solid minerals in Nigeria. The …

UNDERSTANDING THE LEGAL AND REGULATORY …

of solid minerals in Nigeria. The Mining Act mirrors the provision of the Constitution providing further that minerals are vested in the Federation on behalf of the people of ... on 1 September 2020. 10 Section 58(1) of the Mining Act. 11 Section 55(1)(b) of the Mining Act. 12 Section 57 of the Mining Act; Regulation 33 of

The Mines and Minerals (Development and Regulation) …

The MMDR Act, 1957 was amended in 2015 to introduce auction-based mineral concession allocation for transparency, create District Mineral Foundation (DMF) for the welfare of affected communities, establish National Mineral Exploration Trust (NMET) to promote exploration, and impose stricter penalties for illegal mining. The Act …

All you need to know about Nigeria's new mining law

Nigerian Mining Sector Brief

The Act vests the control, regulation and ownership of all mineral resources in the Federal Government of Nigeria (FGN). The Minerals and Mining Regulations and the National Minerals and Metals Policy also govern the sector. The erstwhile Ministry of Mines & Steel Development (MMSD) oversaw the mining sector in Nigeria, pre-2024.

NEITI | Home

Nigeria Extractive Industries Transparency Initiative. The Nigeria Extractive Industries Transparency Initiative (NEITI) is the national chapter of the global Extractive Industries Transparency Initiative (EITI) …

Nigerian Mining Sector Watch

96 of the Nigerian Minerals and Mining Act (NMMA), 2007. Mineral buying centers serve as standardisation centers to enable artisanal and small-scale miners' (ASM) cooperatives and operators receive fair premium for their labour as they concentrate on production. The FG had previously in 20164, ceded all its mineral buying

Mining

The Guidelines was issued in pursuance of the provisions of Section 116 of the Nigerian Minerals and Mining Act, 2007 (the "Act"). Section 116 of the Act stipulates that the holder of a Mining Lease, Small Scale Mining Lease, or Quarry Lease is required to finalise with the host community, an agreement known as a Community Development ...

MINING LAWS AND TAXATION IN NIGERIA

Nigeria's mining laws are handled by the Ministry of Solid Minerals Development which oversees the management of all mineral resources. 3.1.1 Nigeria Minerals and Mining Act Of 2007 'The Act' The Nigerian Minerals and Mining Act of 2007 was passed into law on March 16, 2007 to regulate all aspects of the exploration and exploitation of ...

Nigeria

The mining sector is governed by the Nigerian Minerals and Mining Act 2007. The sector is primarily regulated by the Ministry of Mines and Steel Development and the Mining Cadastre Office. ... In mining, the 2020 NEITI Solid Minerals Report notes that the Mining Cadastre Office (MCO) has required disclosure of beneficial ownership as …

New Mining Act Instrument'll Boost GDP, Says Alake

The Minister of Solid Minerals, Dr. Dele Alake addressing stakeholders during the meeting in Abuja. The Minister of Solid Minerals Development, Dr. Dele Alake has praised the dedication of stakeholders in the mining industry, assuring that the new Mining Act will maximise economic benefits from the solid minerals sector. He …

Quo Vadis? The Nigerian Minerals Development Corporation Bill, 2020 …

The Senate of the 9 th National Assembly is presently considering a Bill for an Act to establish the Nigerian Minerals Development Corporation (NMDC), 2020 as state owned enterprise (SOE).

OVERVIEW OF THE NIGERIAN MINING SECTOR: …

Establishment of the Minerals Act and Powers of the Minister. The mineral sector is regulated by the Minerals and Mining Act 2007 ("the Act"). The Act repealed the Minerals and Mining Act, No. 34 of 1999 and vests control and ownership of all properties and minerals in, under or upon any land in Nigeria in the Federal Government.

REALIZATION OF RIGHTS OF HOST COMMUNITY …

AKINLEYE: Realization of Rights of Host Community under Nigerian Mineral and Mining Act 2007 to Foster Sustainable Community Development 2 | P a g e owned by foreign investors.5 But in spite of this ugly development, the country still managed to earn at least 5.8 billion naira from the mining sector between the years 2019 and …

Mining, from The Report: Nigeria 2023

In 2019 the government made the decision to revise the Nigeria Minerals and Mining Act (NMMA), the law that has governed the sector since it came into force in 2007. However, as a result of the disruption caused by the Covid-19 pandemic, as well as other international and domestic challenges, the passage of the revised law was delayed.

(PDF) LEGAL ANALYSIS OF NIGERIA'S MINING LAW AND …

26 Act No. 34 of 1999 repealed by the Nigerian Minerals and Mining Act 2007. 13. a) to ensure orderly development of the mineral resources of the country, and.

Mining reforms to bring more power to state authorities in …

Unlike the oil and gas industry, minerals extraction has typically lacked clear local content regulations. The new act aims to address this by ensuring that mines are connected with …

Nigerian Minerals and Mining Act, 2007. | UNEP Law and …

An Act to Repeal the Minerals and Mining Act, No. 34 of 1999 and Re-enact the Nigerian 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. Date of consolidation/reprint.

THE MINING ACT, 2020

(1) No person shall, on or in any land to which this Act applies, prospect for minerals or carry on mining operations except under the authority of a mineral right granted under this Act. (2) No person shall prospect for minerals or …

Minerals and Mining Act

Act 703 Minerals and Mining Act, 2006 32. Rights of holder of reconnaissance licence 33. Application for extension of term of reconnaissance licence Prospecting licence 34. Application for prospecting licence 35. Extensions of the term of a prospecting licence 36. Programme of prospecting operations 37. Rights of holder of prospecting licence 38.

2017 2018 Minerals Yearbook

The mining sector is governed by the Minerals and Mining Act, 2007 and the Minerals and Mining Regulations, 2011. The natural gas and petroleum sector was governed by the Petroleum Act of 1969. The Ministry of Mines and Steel Development (MMSD) manages much of the solid minerals sector. The Nigerian Mining

Nigerian Mining Sector Brief: Fourth Edition, June 2024.

For example, in 1999, a new national focus and strategy on mining evolved and this culminated in the enactment of the Nigerian Minerals and Mining Act (the Act or NMMA) in 2007, amongst other policy efforts. However, ... (Roadmap for the Growth and Development of the Nigerian Mining Industry – the "Roadmap") in 2016, with the …

Mining reforms in Nigeria to drive sector growth

These reforms have continued in the years since, with one of the most recent developments being the drafting of a new Nigeria Minerals and Mining Act (NMMA) (see analysis). ... Under the National Development Plan 2021-25, the federal government aims to increase the GDP contribution of non-oil mining activity from 0.4% in 2020 to 3% by 2025 ...

(PDF) Legal and Policy Issues in the Development of Nigeria's Mining …

The Senate of the 9 th National Assembly is presently considering a Bill for an Act to establish the Nigerian Minerals Development Corporation (NMDC), 2020 as a state-owned enterprise (SOE).

Nigeria Mining Cadastre Office | Documents

The Nigeria Mining Cadastre Office (NMCO) was established in 2007 with the responsibility for the Administration and Management of Mineral Titles in Nigeria in accordance with Section 5 (1) of the Nigerian Minerals and Mining Act, 2007 (the Act). Address: 37 Lobito Crescent; Off Ademola Adetokunbo, Wuse II, Abuja Nigeria +234 (0) …

Artisanal & Small-Scale Mining – Ministry of Solid Minerals …

The functions of the ASM Department include the implementation of the provisions of the Nigerian Minerals and Mining Act, 2007 as it concerns Artisanal and Small-scale Mining and developing a robust policy/legal framework to guide artisanal and small-scale mining in Nigeria. In specific terms, the functions include; a.