Mining And Quarrying

MINING OPPORTUNITIES IN NIGERIA; BARITE ORE MINING IN NIGERIA.

The Nigeria nation is blessed with abundant mineral resources; fossil fuels and solid minerals. The most popular being the fossil fuels since these constitute the nation’s greatest foreign exchange earner. They have, therefore, tended to overshadow the solid mineral sector of mining industry.

The mining industry in Nigeria is regulated by the The Nigerian Minerals and Mining Act of 2007,National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011.

About 34 minerals deposits have been identified in Nigeria and one of such is Barite Ore.

Barite is the principal ore of barium, which is essential in the formulation of drilling mud. Drilling mud is a mixture of different types of chemicals in water or oil, which is used in water, solid minerals or petroleum drilling.

Baryte is an important weighing ingredient and its usefulness as an addition in drilling mud is that when ground or crushed and added to the fluid, it increases the density of the fluid to counteract formation pressure as well as provide density to the drilling bit for drilling mud in the petroleum industry, The higher the specific gravity of barite, the more useful it is in drilling mud formulation.

The principal application of Barites is as a weighting agent in drilling fluids for the petroleum and natural gas industries. Use of Barites as filler materials in paper, paints, rubber, plastics etc. industries is another potential area. Barites is also used in the production of barium compounds e.g. Barium carbonate which is an important ingredient in the glass industry.

Technological developments in petroleum exploration, introduction of 3D seismic surveying techniques and new drilling techniques had resulted in reduction in barites demand in well drilling. However with increase in number of active rigs and drill rig count in Africa, Europe, Asia, Canada, Russia, India etc. The demand for barites would increase. With growth in other industries in future, the overall demand for barites would increase.

Barytes Deposits in Nigeria

The quality of the Nigerian Barytes is moderate to high. It is often associated with fluorite, calcite, dolomite, quartz, etc. The major impurities are quartz, iron oxide (goethite), and carbonates of iron, calcium and magnesium.

These impurities tend to reduce the specific gravity of the unprocessed barytes which ranges from 3.0 – 4.0 and increase the cost of the processing and wears out mills rapidly.

The goethite and silica impurities can be removed by magnetic and gravity separation. Once processed the specific gravity of the Nigerian baryte increases and meets the 4.20 specified value.

Obtaining Mining Lease in Nigeria

There are two options available to a company or an individual to enter into the mining industry in Nigeria.

Through the acquisition of an existing mining property from the original owner. Approval must be obtained from the Ministry of Solid Minerals Development for such a purchase.

By obtaining on application, either a Prospecting Right (PR), an Exclusive Prospecting Licence (EPL), or a Special Exclusive Prospecting Licence (SEPL), the application should state financial and technical capability qualifying the applicant for entry into the mining sector.

Incentives / Government Policy on Mining in Nigeria

In order to encourage investment in the solid minerals industry in Nigeria, Government is the offering the following incentives

1. 3-5 years Tax Holiday

2. Deferred royalty payments

3. Possible capitalisation of expenditure on exploration and surveys

4. Extension of infrastructure such as roads and electricity to mining sites, and provision of 100% foreign ownership of mining concerns.

The percentage of royalty charged in the mining industry in Nigeria range between 3%- 5%.

Should you require a market research report {Pre-feasibility report, Business Plan or Market Report} on the above subject matter, please do contact the writer.

————————————————————————————————————————————————————
365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.

From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order any of our detailed feasibility report on barite ore mining, mining and trading in Nigeria by clicking on any of the links below.

Report Title: BARITE ORE MINING IN NIGERIA; THE PRE- FEASIBILITY REPORT.

Report Code: FORA/05564-807/2015/BARITEOREMININGINNIGERIA/10828210

Report Title: BARITE ORE PROCESSING IN NIGERIA; THE FEASIBILITY REPORT.

Report Code: FORA/2013/001

Report Title: BARITE ORE TRADING IN NIGERIA; THE FEASIBILITY REPORT.

Report Code: FOR A/08/2011/11

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 1301- 295 24 13 {Monday – Saturday; 8 am – 5 pm}

Mobile Number: +234 {0} 8033782777;+ 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

MINING OPPORTUNITIES IN NIGERIA; IRON ORE MINING IN NIGERIA.

Nigeria is endowed with enormous mineral resources which when properly harnessed can lead to its industrial development and prospects. It is a known fact that countries abundantly endowed with mineral resources become great industrial nations. While on the other hand, the level of greatness of a nation is often a reflection of how its resources have been planned, managed and utilized. The occurrence of mineral resources in commercial quantities alone does not however guarantee optimum benefit, factors such as technological capacity, finance and market are also equally important.

Nigeria is blessed with abundant mineral resources and human resources capable of tapping these resources forindustrial growth, however, what is witnessed today is that most of the mineral development, especially the exploitation is done by informal and in most cases illegal miners using very crude techniques with no consideration for the environment or human health.

The Ministry of Mines and Steel Development has identified and is promoting the development of 34 mineral resources in Nigeria which include iron ore, gold, coal, tantalite, bitumen, limestone,barite, gypsum, kaolin (MSMD) etc.

It is on record that Nigeria has a proven deposit of over three billion {3,000,000,000} tons of iron ore scattered in Kogi, Enugu, Zamfara, Kebbi, Niger and Kaduna states. At present most of our steel demands are been met from the recycling of metals scraps and the demand as been estimated at two million {2,000,000} tons annually.

Two broad types of iron ore occur prominently in Nigeria. They are:

(i) Banded iron formation which occur in folded bands and lenses associated with the Precambrian metasedimentary schist belts prominently outcropping in the western half of the country. Prominent locations include Tajimi, Itakpe, Ajabanoko , Ochokochoko Toto, Farin Ruwa, Birnin Gwari, Maru, Jamare, Kaura Namoda, Kakun, Isanlu, Roni and Ogbomoso areas.

ii The Cretaceous sedimentary(oolitic) iron deposits, occur prominently around Agbaja, Kotonkarfi, Nsudde areas in the North central and south eastern zones of the country respectively.

The banded iron formation of Nigeria generally occurs in metamorphosed folded bands, associated with Precambrian basement complex rocks which include low grade metasediments, high grade schist , gneisses and migmatites. Included in the these group are the well known Lokoja Okene District (LOK) occurrences notably at Itakpe, Ajabanoko, Kakun, Chokochoko, Toto Muro and Tajimi.

In the north western parts of Nigeria, the banded iron formation occurs sporadically in narrow bands and lenses interbedded with pelitic and semi pelitic phyllites and schists.

In some cases, especially around Tsofon Birinin Gwari they are interbanded with garnet-quartz mica Schist, lenticular bodies of orthoquartzites and carbonaceous schist. While in Maru area, they are inter-bedded with massive green phlyllites, feebly developed slaty rocks, flaggy tuffaceous materials and amphibolites.

The iron formation bands which vary in thickness from about 3 centimeters to 5 meters are found commonly in groups intercalated within surrounding country rocks or as isolated thin units. The bands have variable strike extent with some stretching though discontinuously for several kilometers.

Three man facies have been identified: They are the oxide, silicate and sulphide facies. The oxide facies which is represented by the silica iron oxide assemblage, is the most wide usually consists of a thinly banded but occasionally slaty rock having a rhythmic alternation of light coloured (light gray) silica rich bands of variable thickness. The silicate facies is quartz-garnet- grunerite assemblage.

The sulphide facies occurs as the pyrite bearing members of the pelitic metasediments which consists of carbonaceous schist and phyllite, green phyllite and slaty rock. These rocks are invariably interbanded with the oxide iron formation.

Iron ore is the raw material smelted to produce pig iron {metallic iron}, which is used to make steel. It is an important industrial metal.

In Nigeria, Opportunities exist in the following section of iron ore mining/processing

1. Mining

2. Processing { Milling and Beneficiation}

3. Transportation

4. Steel Production

5. Sales of mining machineries/ equipment

Obtaining Mining Lease in Nigeria

There are two options available to a company or an individual to enter into the mining industry in Nigeria.

Through the acquisition of an existing mining property from the original owner. Approval must be obtained from the Ministry of Solid Minerals Development for such a purchase.

By obtaining on application, either a Prospecting Right (PR), an Exclusive Prospecting Licence (EPL), or a Special Exclusive Prospecting Licence (SEPL), the application should state financial and technical capability qualifying the applicant for entry into the mining sector.

Incentives / Government Policy on Mining in Nigeria

In order to encourage investment in the solid minerals industry in Nigeria, Government is the offering the following incentives

1. 3-5 years Tax Holiday

2. Deferred royalty payments

3. Possible capitalisation of expenditure on exploration and surveys

4. Extension of infrastructure such as roads and electricity to mining sites, and provision of 100% foreign ownership of mining concerns.

The mining industry in Nigeria is regulated by the The Nigerian Minerals and Mining Act of 2007,National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011.

The percentage of royalty charged in the mining industry in Nigeria range between 3%- 5%.

Should you require a market research report { Pre-feasibility report, Business Plan or Market Report} on the above subject matter, please do contact the writer.

————————————————————————————————————————————————————
365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.

From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our different detailed feasibility report on small scale iron ore mining in Nigeria from by clicking on the link below.

Report Title: SMALL SCALE IRON ORE MINING IN NIGERIA, THE PRE-FEASIBILITY REPORT.

Report Code:FORA/05564-807/2015/IRONOREMININGINNIGERIA/7750-94773-33

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 1301- 295 24 13 {Monday – Saturday; 8 am – 5 pm}

Mobile Number: +234 {0} 8033782777; + 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

MINING OPPORTUNITIES IN NIGERIA; SILICA SAND/QUARTZ MINING IN NIGERIA.

Silica Sand/Quartz constitutes one of the most readily available geological materials used in industries and factories such as glass manufacturing companies. Silica Sand/Quartz are said to consist of high optimal percentage of silicon dioxide (SiO2) which is a very good chemically stable element and it remains almost the same no matter the series of cycles it may have gone through, either in transportation or re-deposition. Quartz is silica occurring alone in pure state.

Silica/glass sand on the other hand are products of weathering, erosion and transportation by rivers or/and the sea. Naturally occurring silica sands may contain some undesirable impurities like accessory haematite, rutile and dolomite etc.

The Glass Sand is used in the production of various glass products: which include sheet glasses for windows, bottles, mirrors, optical instruments, chemical apparatus, electrical insulation and condensers, pipe, doors, crucibles, automobile and aircraft bodies, filters and building blocks. They are also used for making abbrassives and for gravel packing in the petroleum industries.

Locations of Glass Sand/Quartz deposits

Commercially exploitable quartz rock crystal occur in pegmatites and quartzites hosted by rock of the basement complex around Egbe, Udiarehu, Okene and Lokoja in Kogi State, Ijero in Ekiti State. The quartzites occur in the medium to high grade metamorphic terrains of the basement complex.

The vein quartz and quartz bearing pegmatite solidified from the hydrothermal fluids associated with the older granites as well as those of the Younger Granites and from the materials of the rocks of the basement complex at different periods.

Nigeria has extensive deposits of good quartz silica sands. Many of which are associated with the coastal plain of sedimentary areas in the southern part of the country, although deposits also occur in some inland areas. The major silica sand deposits in the country are located at Ughecll–Delta State, Igbokoda, Ondo State, Baure, Katsina State, Badagry, Lagos State, and along the sandy shore line of the Atlantic, some inland deposit are also reported at Shebu, Plateau State and Ilaro, Ogun State.

Obtaining Mining Lease in Nigeria

There are two options available to a company or an individual to enter into the mining industry in Nigeria.

Through the acquisition of an existing mining property from the original owner. Approval must be obtained from the Ministry of Solid Minerals Development for such a purchase.

By obtaining on application, either a Prospecting Right (PR), an Exclusive Prospecting Licence (EPL), or a Special Exclusive Prospecting Licence (SEPL), the application should state financial and technical capability qualifying the applicant for entry into the mining sector.

Incentives / Government Policy on Mining in Nigeria

In order to encourage investment in the solid minerals industry in Nigeria, Government is the offering the following incentives

1. 3-5 years Tax Holiday

2. Deferred royalty payments

3. Possible capitalisation of expenditure on exploration and surveys

4. Extension of infrastructure such as roads and electricity to mining sites, and provision of 100% foreign ownership of mining concerns.

The mining industry in Nigeria is regulated by the The Nigerian Minerals and Mining Act of 2007, National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011.

The percentage of royalty charged in the mining industry in Nigeria range between 3%- 5%.

Should you require a market research report {Pre-feasibility report, Business Plan or Market Report} on the above subject matter, please do contact the writer.

————————————————————————————————————————————————————
365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.

From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}

Mobile Number: +234 {0} 8033782777;+ 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

MINING OPPORTUNITIES IN NIGERIA; COAL MINING IN NIGERIA.

Coal exploration in Nigeria started as far back as 1916. Available data show that Coal (mainly sub-bituminous steam Coals except for the Lafia-Obi bituminous Coking Coal) occurrences in Nigeria have been indicated in more than 22 Coalfields spread over 13 States of the Federation.

The Coal Industry gave rise to the first set of industries in Nigeria and provided all the energy requirements for these industries up to the ‘late 1960’s. These include the Marines, the Nigerian Railways, Electricity Corporation of Nigeria (now National Electric Power Authority NEPA) and the Nigeria Cement company (Nigercem), Nkalagu. All these are in addition to use of Coal for domestic cooking and other industrial applications.

The leading role of Coal in the Nigerian energy mix started to decline with the discovery of oil in commercial quantity in Nigeria in the late 1950’s and was hastened by the Nigerian civil war which took place between 1967- 1970 during which period all the Coal Mines in the country were abandoned. The rapid development of the oil industry in Nigeria resulted to undue Governments’ reliance on oil for the country’s revenue and energy needs since the 1960’s and a neglect of the solid fuel Coal which is an alternative energy resource.

Coal, a black mineral that is found below the ground and burnt to produce heat, as been used for many years to power railways, power and manufacturing plants. Coal is not only used as fuel, they are also used in the industrial production of tar, gas and non edible oils.

Nigerian Coal is one of the most bituminous in the world owing to its low sulphur and ash content and therefore the most environmental friendly. There are nearly three billion {3,000,000,000} tonnes of indicated reserves in seventeen {17} identified coalfields and over six hundred million {600,000,000} tonnes of proven reserves in Nigeria and they can be found in mostly Enugu and Kogi states in Nigeria.

Given the large deposits of brown coal in the tertiary sediments east and west of River Niger; there are investment opportunity in the mining and processing of coal for the local and export market.

In Nigeria, Opportunities exist in the following section of coal mining/processing

1. Mining

2. Processing { Pellet Production}

3. Transportation

4. Steel Production

5. Sales of mining machineries/ equipment

Obtaining Mining Lease in Nigeria

There are two options available to a company or an individual to enter into the mining industry in Nigeria.

Through the acquisition of an existing mining property from the original owner. Approval must be obtained from the Ministry of Solid Minerals Development for such a purchase.

By obtaining on application, either a Prospecting Right (PR), an Exclusive Prospecting Licence (EPL), or a Special Exclusive Prospecting Licence (SEPL), the application should state financial and technical capability qualifying the applicant for entry into the mining sector.

Incentives / Government Policy on Mining in Nigeria

In order to encourage investment in the solid minerals industry in Nigeria, Government is the offering the following incentives

1. 3-5 years Tax Holiday

2. Deferred royalty payments

3. Possible capitalisation of expenditure on exploration and surveys

4. Extension of infrastructure such as roads and electricity to mining sites, and provision of 100% foreign ownership of mining concerns.

The mining industry in Nigeria is regulated by the The Nigerian Minerals and Mining Act of 2007, National Minerals and Metals Policy 2008 and Nigerian Minerals and Mining Regulations 2011.

The percentage of royalty charged in the mining industry in Nigeria range between 3%- 5%.

————————————————————————————————————————————————————
365 Campaigner is a complete suite of social collaboration, communication and management tools for your team.

From List building solution to event announcement and CRM, 365 Campaigner provides everything you need to boost sales, step up productivity and manage all day-to-day activities. Tightly integrated.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals. Visit www.365campaigner.com for more information.
————————————————————————————————————————————————————–
At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our different detailed feasibility report on small scale coal mining in Nigeria from by clicking on the link below.

Report Title: SMALL SCALE COAL MINING IN NIGERIA, THE PRE-FEASIBILITY REPORT.
Report Code:FORA/05564-807/2015/COALMININGINNIGERIA/849999-0025

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 1301- 295 24 13 {Monday – Saturday; 8 am – 5 pm}

Mobile Number: +234 {0} 8033782777 ;+ 234 (0) 908 335 7733 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

CC: foraminiferamarketresearch@yahoo.com

Office Address:

61-65 Egbe- Isolo Road,

Iyana Ejigbo Shopping Arcade,

Block C, Suite 39,

Iyana Ejigbo Bus Stop,

Ejigbo, Lagos.

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