Segilola Resources Operating Limited

To be Nigeria's leading gold mining and exploration business. OUR MISSION. Mining and exploring for gold in a safe and environmentally responsible manner, Bringing sustainable development and prosperity to the communities in which we operate, Delivering operational excellence and superior shareholder return.

Gold Deposits

Officially recorded gold production in Nigeria started by 1913 and peaked in the period 1933-1943 when about 1.4t of. gold were produced. The gold production declined during the Second …

(PAGMI) Presidential Artisanal Gold Mining Initiative

Presidential Artisanal Gold Mining Initiative (PAGMI) is a strategic program established by the President of the Federal Republic of Nigeria. It is designed to mine and aggregate gold from artisanal and small-scale miners under the National Gold Purchase Programme. Artisanal and small-scale mining (ASM) is largely an informal sector where ...

Nigeria's Gold Mining Initiative Enrols Over 11,000 Artisanal …

Nigeria's Presidential Artisanal Gold Mining Initiative (PAGMI) has made significant strides in formalising the country's gold mining sector. Launched four years ago by then-President Muhammadu Buhari, PAGMI has now successfully enrolled 11,547 artisanal and small-scale miners (ASMs), marking a major advancement in integrating these miners ...

Mining in Nigeria: Challenges, opportunities, and …

Mining in Nigeria | Nigeria, often referred to as the "Giant of Africa," boasts a diverse range of natural resources, including a wealth of minerals. ... Nevertheless, Nigeria is rich in mineral resources such as coal, …

Thor's Segilola Gold Mine exceeds expectations

Read more about gold. Segilola Mine operational highlights for 2023. FY 2023 gold production of 84,609 ounces ("oz"): 21,798 oz during the quarter at an average grade of 2.77 grams per ton ("g/t") of gold ("Au"). Successfully completed the pushback of …

Gold mineralization in Nigeria

Nigeria's officially documented gold production began in 1913 and reached its peak between 1933 and 1943, when roughly 1.4t of gold was produced. Due to abandoned of mines by largely colonial businesses, gold production dropped as the Second World War was ongoing and never recovered. The Nigerian Mining Corporation started prospecting for ...

Gold Price Today in Nigeria in Nigerian Naira (NGN)

Today gold price in Nigeria (Lagos) in Nigerian Naira per ounce, gram and tola in different karats; 24, 22, 21, 18, 14, 12, 10 based on live spot gold price. ... Hello all, for gold business in Ghana, mining, buying from local miners, or u want deal with a local seller. contact me, by calling or WhatsApp +233542534845.

Osun hosts Nigeria's largest gold mining company — Oyetola

Osun is host to Nigeria's only large-scale commercial gold mine, facilitated by a Canadian-listed gold developer, Thor Explorations and its local subsidiary, Segilola Resources Operating Limited.

Gold mining: How PAGMI, Nigeria Presidential Artisanal Gold Mining …

Di Nigeria goment say di 12.5kg gold bar - wey Central Bank of Nigeria (CBN) don buy - meet di London Bullion Market Association (LBMA) standard, wey mean say any one in di world fit buy am wit ...

Nigeria Gold Production, 1993 – 2024 | CEIC Data

Nigeria Gold Production was reported at 350.000 kg in Dec 2022. This records an increase from the previous number of 349.000 kg for Dec 2021. ... Metal and Mining Sector – Table WB.USGS.GOLD: Precious Metals: Gold: Production by Country or Locality. View Nigeria's Gold Production from 1993 to 2022 in the chart: max 1y 5y 10y. Apply Get this ...

The Nigerian Mining Sector In 2023

These sort of reports on banditry and insurgencies across several mining States have discouraged foreign investors from participating in the Nigeria mining sector. Former Minister of State Mines and Steel Development, Uchechukwu Ogah, disclosed that Nigeria has in the past six years lost revenue estimated at $5 billion to the smuggling of gold.

Gold Occurrence in Nigeria | Ministry of Mines and Steel …

E-Services provided by Ministry of Mines and Steel Development TOLL FREE: 080 0020 00300 +234 908 740 4761, +234 908 740 4762, +234 908 740 4763 iaismp.support@minesandsteel Register Login

Nigeria's first and largest industrial-scale gold …

The Segilola Gold Project, is considered Nigeria's first and most advanced gold project, with an indicated resource of 556,000 ounces grading at 4.2g/t, an inferred resource of 306,000 ounces grading at 4.7g/t and a …

Nigeria bets on new gold project to attract more miners

Carved from forested hills by excavators and explosives, Nigeria's only industrial gold mine yielded 98,000 ounces of the precious metal last year — a key step in the efforts of Africa's ...

Top Gold Mining Companies in Nigeria

After the discovery of oil in Nigeria in 1956, the attention was shifted to oil exploration while mineral resources suffered from neglect. Also, the Civil War(1967- 1970) led to ex-pat mining experts leaving the country and mines being abandoned even further.

An in-depth look at the current state of mining in Nigeria

Thor Explorations' Segilola gold project in Osun state is expected to be a game changer in the industry as the facility aims to mine and produce gold ore. More recently, the Nigerian government has licensed gold refineries to produce the metal for export and for the Central Bank of Nigeria to become an off-taker, buying at international ...

Segilola Gold Project, Osun, Lagos, Nigeria

The Segilola gold project is located approximately 120km from the capital city of Lagos and hosted within the ML41 mining licence. The project area is hosted in the crystalline basement complex rocks of southwestern Nigeria and forms a part of the Upper Proterozoic rocks of the Ilesha schist belt. Gold mineralisation at Segilola …

Dozens remain trapped after a gold mine collapses in northcentral Nigeria

YOLA, Nigeria (AP) — Rescuers searched Thursday for dozens of workers who were trapped when a gold mine collapsed in northcentral Nigeria, authorities and residents said. The pit collapsed on Monday in Niger state's remote Shiroro district after heavy rains softened the soil. State emergency services said one person was confirmed dead and ...

Nigeria Gold Mining News Monitoring

The Nigeria Mining Cadastre Office (NMCO) has disclosed that it issued about 7,000 mining licenses, yet less than 1,000 mines are active. NMCO's Director General, Obadiah Nkom, revealed this on Tuesday when he received the House Committee on Solid Minerals …

Nigerian Mining Sector Watch

Gold purchased by the CBN under this programme is meant to build Nigeria's Gold reserve and to manage the perennial local foreign exchange volatility. (ii) Launch of Dukia Gold & Precious Metals Refining Company Limited and Gold buying scheme In June 2020, the Dukia Gold and Precious Metals Project (DGPMP) was launched. DGPMP plans to

Nigeria's Enduring "Gold Wars"

The mining sector in Nigeria benefits from substantial untapped solid mineral deposits, including gold and iron ore. (Mallam Nasir El-Rufai, the governor of Kaduna State, has claimed that a single ...

Evaluation of gold mineralisation potential using AHP …

Nigeria's gold production has been largely ignored due to the country's over-reliance on crude oil, a major source of income. The country's gold production began in 1913 and reached its peak ...

Gold Mining in Nigeria

Gold Mining in Nigeria: Overview & Prospects. Eventually, gold mining resumed in the 1960s, but rapid development did not happen and it was further stalled by the Civil war between 1967 and 1970. But in the 1980s, …

Nigerian Mining – The leading source for solid mineral and mining …

Gold; Lithium; Lead Ore; Iron Ore; Zinc Ore; Security. Illegal Mining; Health and Safety; Intelligence; Environment and Sustainability. Community Development; Environmental Impact; ... Nigeria Mining Cadastre Office Calls for Sector Reforms as 7,000 Licences Yield Less Than 1,000 Active Mines. The Nigeria Mining Cadastre Office (NMCO) has ...

Gold & the goddess: How mining polluted Nigeria's sacred …

Today, it runs the only large-scale commercial gold mine in Nigeria, even though the area has always been full of many artisanal miners. Indeed, the story of Osun is as much about faith, migration ...

Segilola Gold Project

The Segilola deposit comprises a system of stacked, steeply-dipping, parallel quartz-pegmatite veins which are characterised by wide-spread high-grade, sometimes visible, free-milling gold. The most recent drilling campaign …

Home | Ministry of Mines and Steel Development

E-Services provided by Ministry of Mines and Steel Development. TOLL FREE: 080 0020 00300 +234 908 ... GOLD. IRON ORE. LIMESTONE. LEAD-ZINC. Coal. Documents. Nigerian Mining Industry Roadmap ... (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse ...

Gold mining; a huge untapped opportunity

Nigeria has combined estimated reserves of around 600,000 tonnes of alluvial and primary gold deposits, generally found in north-west, central …

Where is gold found in Nigeria

Gold mining in Nigeria. Gold mining started in Nigeria back in 1913. Unfortunately, by the beginning of 1930, the process of precious metal mining began to decrease, and at the beginning of World War II, gold production was zero. The process resumed in the 1960s, but rapid development did not happen. The Civil war in Nigeria interfered.