Mining And Quarrying

GOLD ROCK EXPORT IN NIGERIA; NON-OIL EXPORT OPPORTUNITY IN NIGERIA.

Nigeria is endowed with numerous mineral resources. Recent policy reforms have brought the solid minerals sector to the fore. The emphasis is on encouraging massive foreign investors’ participation in this sector.

One of such minerals is gold. Gold is a chemical element with symbol Au {from Latin:aurum} and atomic number 79. Gold is a dense , soft, shiny, malleable and ductile metal.Pure gold has a bright yellow colour and luster traditionally considered attractive, which it maintains without oxidizing in air or water {Source: Wikipedia}.

There are proven reserves of both alluvial and primary deposits of gold with proven reserves in the schist belt covering the western half of Nigeria. At present exploitation of alluvial deposits is being carried out mostly by artisan miners in a few places in the country. A number of primary deposits, which are sufficiently big for large scale mechanized mining, have been identified in the northwest and southwest parts of the country.

Some of the states where gold has been discovered in Nigeria include Osun, Kwara, Zamfara, Niger, Kaduna, Kogi, Kebbi and Katsina.

Gold, for a long time amongst precious metals, is the most popular as an investment. They have been used throughout history as money and were a relative standard for currency equivalents specific to economic regions or countries until recent times.

The price is gold in the international market have been on a steady increase and there is always a market for the commodity. This presents an opportunity for savvy investors to go into the trading and export of the commodity.

Industrial, dentistry and medical uses account for around 12% of gold demand. Gold has high thermal and electrical conductivity properties, along with a high resistance to corrosion and bacterial colonization. Jewelery and industrial demand has fluctuated over the past few years due to the steady expansion in emerging markets of middle classes aspiring to Western lifestyles, offset by the financial crisis of 2007–2010.

The return on investment in the trading and export of gold rock in Nigeria is between 10-15% depending on the quantity of gold contained in the rock sample.

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Foraminifera Market Research Limited (www.foramfera.com) is part of a family of businesses, which includes several brands such as

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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.

365 Campaign is the one stop shop for digital marketing solutions for businesses, politicians, religious organizations and individuals.
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At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. 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 detailed feasibility report on the export of gold rock in Nigeria by clicking on the link below.

Report Title: Gold Ore Mining And Processing In Nigeria, The Feasibility Report.

The Purchase And Export Of Gold Dust, Nugget And Bar From Africa To Dubai,The Feasibility Report.
GALLSTONE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
GUM ARABIC EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HARDWOOD CHARCOAL EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
COCOA BEANS TRADING AND EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HIBISCUS FLOWER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
HOW TO MAKE HUGE PROFIT SUPPLYING COWPEA {BEANS} TO LOCAL INDUSTRIES IN NIGERIA.
COLUMBITE EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
RAW CASHEW NUTS EXPORT IN NIGERIA
RAW CASHEW SUPPLY TO LOCAL INDUSTRY IN NIGERIA
GROUND NUTS EXPORT IN NIGERIA; THE FEASIBILITY REPORT.
DRY SPLIT GINGER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

Access our other Market Research Reports or investment opportunities in Nigeria by clicking on the link below

MARKET RESEARCH REPORTS IN NIGERIA
INVESTMENT OPPORTUNITIES IN NIGERIA

Do you require a business plan or feasibility report 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.

MINERAL BEATIFICATION, THE RIGHT WAY TO GO IN THE SOLID MINERALS INDUSTRY IN NIGERIA.

Investment opportunities in the solid minerals industry in Nigeria tends to be focused on the mining and trading aspect of the industry , thereby leaving the processing and beneficiation aspect to suffer.

It is common knowledge that most of the minerals sold in the country are sold in the raw form with any value addition in order to derive more revenue from the products mined therefore leading to great amount of lost.

Like was mentioned in one of my articles, the lack/insufficient supply of processing facilities in Nigeria is one of the biggest problem in the industry. Their presence would activate the use of high tech facilities in the mining industry in Nigeria, increase output ,create employment and open the door for foreign investment in the sector.

Virtually every mineral can be beneficiated. Beneficiation is a process of increasing the ore concentrate of a mineral through mechanical means. For instance, the increase of tin ore of 5% concentration to 50% concentration.

Some of the equipment required for the beneciation of the tin ore is given below

ELECTROMAGNETIC VIBRATION FEEDER

BALL MILL

SPIRAL CLASSIFIER

AGITATING TANK

FLOTATION MACHINE

Beneficiation increases the percentage of a particle mineral in the gang body thereby adding value to the product and the market price it commands. Without beneficiation, the price of tin ore 5% in the international market would be around $200/mt but with beneficiation to 50%, the price at the international market would be around $ 2000/mt, same could be said for lead, zircon sand, talc, tantalite, Kaolin, Zinc, Copper etc.

Should you require a market report/feasibility study on the above subject matter, please do contact us.

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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.

GYPSUM MINING AND PROCESSING IN NIGERIA: THE OPPORTUNITY.

In mining, Nigeria is known to have records of occurrences tin, columbite, tantalite, lead and zinc. In fact, mining in Nigeria he said to have started with mining of tin ore in 1905.

Though mining in Nigeria started in 1905, the industry only accounts for 0.3% of the nation’s GDP. The domestic mining industry is underdeveloped, leading to the importation of some industrial minerals that the country has in abundance.

One such mineral with great industry use and but largely underdeveloped in Nigeria, is gypsum. About one billion tones of gypsum deposits are spread over many sites in Nigeria. It is an important input for the production of cement. It is also used for the production of Plaster of Paris (P0P) and classroom chalk, etc.

Nigeria with her current population estimated at over one hundred and sixty five million {165,000,000} growing at a rate of 3.5% per annum has a short fall in the supply of housing units that has been estimated to be between 16 – 17 million, has a growing and sustainable market for cement and plaster of Paris {POP} ,hence gypsum.

With an economic growth rate of 5.7% per annum in the past five {5}years ,Nigeria has witnessed a growth in the number of middle class families with the associated need to have a home of their own ,thereby further deepening the market in Nigeria.

In order to encourage foreign direct investment, create employment and increase capacity utilization, the government in 2003 introduced a backward integration policy in the cement industry during which period over ten billion dollars {$ 10,000,000,000} has been invested on capacity development which has brought about five hundred percent {500%} increase in output, though there is still a supply gap of between three – five million {3,000,000 – 5,000,000} tones of cement annually.

Being a key input in cement production, a strategy for large scale mining gypsum is urgently required to sustain existing cement plants and meet future expansion.

In order to encourage investment, government has put in place various incentives in the solid minerals industry like

  • 3-5 years Tax Holiday
  • Deferred royalty payments
  • Possible capitalization of expenditure on exploration and surveys
  • Extension of infrastructure such as roads and electricity to mining sites, and provision of 100% foreign ownership of mining concerns.

You can also order our detailed feasibility report on gypsum mining and plaster of paris (POP) production in Nigeria by clicking on the link below.

Report Title: Gypsum Mining and Gypsum Powder (Plaster of Paris) Production in Nigeria; The Feasibility Report.

Report Code: FORA/05564-807/2016/GYPSUMMININGANDPLASTEROFPARISPRODUCTIONINNIGERIA/100001292

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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.
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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.

IRON ORE AND COAL DEVELOPMENT IN NIGERIA AND THE VISION 20: 2020.

As the nation embark on a drive to attract investors into the generation, transmission and distribution of power in Nigeria, it is important that government not only takes such actions on a consistent basis but work to establish a good energy mix for the country by exposing the opportunities in the coal development which can be taped for power development.

Same coal could be used to reactivate the rail system in Nigeria which is very vital for the transportation of bulk materials like solid minerals hence the development of the mining sector in Nigeria.

Attracting interested investors into the mining industry in Nigeria especially into the mining and processing of iron ore and coal because of the vital role they play in a nation’s quest for industrialization.

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 iron demands are been met from the recycling of metals scraps and the demand has been estimated at two million {2,000,000} tons annually.

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 3.00 billion tonnes of indicated reserves in 17 identified coalfields and over 600 million tonnes of proven reserves mostly in Enugu and Kogi states.

The mining industry is easily recognized as one of the most valuable sectors of an industrialized economy for its linkage to other sectors of development and its enormous capacity to support and simulate growth in virtually all sectors of the economy.

As Nigeria strives to achieve vision 20:2020 which is to be amongst the top 20 economies by the year 2020, it is important that government pay attention to the development of the various iron ore and coal field in Nigeria because they are generally seen as a major index of national prosperity.

In fact , it can be said that the more a nations mining industry grows , the more they prosper economically and examples can be seen across the world from Canada to Australia, India ,they all have a vibrant mining industry.

At Foraminifera Market Research, we act as consultants in sourcing for mine sites, arranging for geological survey {with our partners} if need be and negotiating the terms of acquiring / partnering with the owners of such mining sites amongst other services.

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 and covering of a virgin mining sites through the cadastre office. Approval must be obtained from the Ministry of Solid Minerals Development for such a purchase.

The approach would be to identify companies that are already mining or that are yet to start mining and in both cases lack the financial and technical expertise and seeks outright purchase of their assets, royalty interest/ lease.
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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.
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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

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

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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