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Nigeria "LFN") 2004 (" ... of an oil prospecting licence or oil mining lease (or of an interest in the same) shall be made to the Minister in writing and accompanied by the prescribed fees at the discretion of the Minister; and the applicant shall furnish in respect of the assignment, or
(Section 48 and 59 of Nigerian Minerals and Mining Act, 2007 and the Nigeria Minerals and Mining Regulations, 2011. The Nigeria Mining Cadastre Office, on receipt of a valid application, is obliged by law to grant and issue an Exploration Licence within 30days.
Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about Oil Mining Licence from Nigeria and the world on
OML 29 is also known as Oil Mining Licence Mining Licence OML is one of the two types of licences issued to oil producers in Nigeria "with validity periods ranging from 5 to 20 years respectively." OML29 is a large block located in the southeastern Niger Delta containing 11 oil and gas fields. OML29 stretches over an area of 983 square kilometres.
Nov 15, 2018· President Muhammadu Buhari has given consent for the renewal of three Oil Mining Licences (OML) belonging to oil and gas firm, Seplat Petroleum Development Company Plc. ... who is also Nigeria.
MINING CODE OF THE REPUBLIC OF NIGER 6 an artisanal mining license, a permanent or temporary quarry development license. No individuals may either obtain or hold one of the abovementioned mining or quarry titles if: their personal status is incompatible with the conduct of commercial activities in Niger;
Oct 23, 2018· "Today, I am happy to report that the first gold refining licence has been issued to a company called Kian Smith Limited, which was one of the companies that participated in the labs.
Small – Scale Mining Lease: This exclusive right is awarded to Nigerian citizens, companies incorporated in Nigeria, a Mining Cooperative, or the holder of an Exploration Licence over the subject area of the application to carry out small scale mining operations. This Lease is granted for a period of 5 years renewable for a further period of ...
Mining companies in Nigeria 1. EtaZuma Group. This big group combines eight companies. EtaZuma has all the necessary licenses for exploring gold, iron ore, coal, and other solid minerals.
EServices provided by Ministry of Mines and Steel Development. Welcome to the Integrated Automation and Interactive Solid Minerals Portal (IAISMP), the GOTO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, Abuja,, Nigeria.
47 of 2011 NIGERIAN MINERALS AND ACT No. 20 of 2007 MINERALS AND MINING REGULATIONS, 2011 [13th Day of May 201 In exercise ofthc powers conferred upon me .
The Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news. ... Oil Mining Licence.
This licence is renewable every one or two years depending on the nature of the terrain. It is only after the company has satisfied itself of the availability of the mineral in commercial quantity on the EPL that it will apply for grant of a Mining Licence over the whole or part of the area covered by the EPL.
Currently there are two gold mining companies in Nigeria. Segilola Nigeria Limited has a license to mine gold in Osun State, and Geotechniques Nigeria Limited has a license to mine gold in Kebbi State. Five other companies are mining for tin, iron ore, coal, lead, and zinc. Deposits of .
land within Nigeria that is available for mining operations. The permit is issued and valid for a period of 1 (One) year and may be renewed upon satisfactory application for renewal of same. This permit does not cover land which is already the subject of a mining exploration licence, small scale
Extension of infrastructure such as roads and electricity to mining sites, and provision of foreign ownership of mining concerns. HOW TO OBTAIN A MINING LEASE IN NIGERIA There are two options available to a company or an individual to enter into mining industry in Nigeria.
The requirements for obtaining mining lease in Nigeria and other requisite licenses may be cumbersome, but engaging a professional, such as legal any practitioner that has the knowledge of the enabling Act with experience in processing mining leases or licenses could be of a great assistance in expediting and simplifying the process.
Nigeria revokes 31 exploration licenses. Thirtyone Nigerian exploration licenses were revoked last week in another cleanup exercise to revamp the domestic oil sector. Mar 6th, 2000.
Mining regulation is handled by the Ministry of Solid Minerals Development, which oversees the management of all mineral resources. Mining law is codified in the Federal Minerals and Mining Act of 1999. Historically, Nigeria''s mining industry was monopolized by stateowned public corporations.
Jul 18, 2017· Nigeria''s Federal Government on Tuesday announced the award of a licence to Ondo State Government to mine its rich deposit of bitumen, said to be one of the largest in the world.
NIGERIA MINING REGULATION . GENERAL. Nigeria is located in West Africa; the country is comprised of 36 states and the Federal Capital Territory where the country''s capital city, Abuja is located. It is bordered by Benin, Chad, Cameroon and Niger. Nigeria became independent from Great Britain in 1960 and retains English as its functional and ...
Jun 25, 2018· Before Your Mining License In Nigeria: What? / How To Get Ready For Your Mining License In Nigeria – Before Your Mining License In Nigeria you need to understand what it cost to obtain a mining licence in Nigeria, requirements for obtaining a mining licence in Nigeria, Simplified Procedure for Obtaining Small Scale Mining Lease, An Overview Of The Nigerian Minerals And Mining .
The Mining Licence (ML) is held by 12 firms. Sansani Farms Limited in Lafia, Nasarawa State and Investment DeRohobot Oil Global Services Ltd in Okpokwu, Benue State hold the Smallscale Mining ...
Jun 26, 2015· Seven firms licensed to mine gold and other solid minerals in different parts of Nigeria are set to commence operation, an official has said. The DirectorGeneral of the Nigeria Mining Cadastre ...
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