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Oil, Gas, Minerals and Metals - African Growth and Opportunity Act
Bimko Groups is a group company comprises of Bimko Farms, Bimko Oil, and Gas. With Bimko Farms we produce agricultural products, from livestock, vegetables, etc. Bimko Oil and Gas, we assist in the buyers in the purchases of Nigerian Bonny Light crude oil and other minerals products, mining, and gas. Bimko Internationl Trade, we are in the ...
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Governor candidates in Nigeria's Osun state make false claims in ...
Two of the licences belong to the Nigerian Mining Corporation and another two are owned by private entities, including Nigerian-Canadian Segilola Resources Operating Limited. The remaining licence is operated by Omoluabi Mineral Promotion Company Limited under a public-private partnership with the Osun state government.. Illegal mining of solid minerals without approval, or with expired and ...
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Petroleum Industry Act 2021 - a new dawn for the Nigerian petroleum ...
In 2020, the FGN reintroduced the PIB 2020 to the National Assembly and, after months of deliberations, both arms of the National Assembly passed the PIB 2020 in July 2021 and the President signed the PIB 2020 (now the PIA) into law in August 2021. Based on the gazetted copy of the PIA, the PIA regime commenced on 16 August 2021.
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Biden Invokes Defense Production Act to Boost Critical Mineral Supply ...
Mar 31, 2022March 31, 2022. WASHINGTON — President Biden took steps on Thursday to try to increase domestic production of critical minerals and metals needed for advanced technologies like electric vehicles ...
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Only two Chinese citizens in Ghana's prisons despite hundreds arrested ...
Alhassan Abass, 28; Ibrahim Mohammed, 45; and Munkaila Djebo, a 38-year-old Nigerian, had been on trial for three years, charged with conspiracy to commit crime and mining without a license— breaches of Section 99 (2) of the Minerals and Mining Act, 2006. An anti-illegal mining (galamsey) taskforce had arrested the three at an illegal mining ...
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Today News Africa - U.S.-Africa News, Diplomacy And Politics
August 3, 2022 African Presidents Top U.S. Senators call for free, fair and peaceful election in Angola on August 24, urge all political parties not to use violence 'whatever the outcome of the vote'
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National Mining Association - The National Mining Association is the ...
The Inflation Reduction Act Could Push Power Grid Reliability Into a Tailspin August 23, 2022 Mining For Our Future Innovative technologies made possible through and employed by mining are providing the mineral and energy resources essential for a better life and a better future. Learn More Strengthening the U.S. Economy
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Mining 2022 - Philippines | Global Practice Guides - Chambers and Partners
As discussed in 1.3 Ownership of Mineral Resources and 1.4 Role of the State in Mining Law and Regulations, mineral rights have a constitutional basis and are derived under law.. These mineral rights are granted under the Philippine Mining Act through EPs, MAs, FTAAs, quarry, sand and gravel, guano, gemstone-gathering permits and small-scale mining permits.
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Zambia issues 2022 tax amendments acts applicable as of 1 January 2022
This provision has been amended only for mining operations and for businesses generating electricity. The time limit was increased from 5 years to 10 years for those businesses. 4. New deduction - Mineral Royalty Mineral royalty payable will be deductible for corporate income tax purposes. 5. Addition to the Commissioner's General powers to assess
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Increasing Transparency and Accountability in Extractive Sector (NGPLS0004)
Adverse socio-economic impacts of mining activities on the host communities as mining companies often operate without a Community Development Agreement (CDA) that would ensure the development of infrastructure and enhancement of livelihoods within the host communities, as stipulated by the Minerals and Mining Act 2007. .
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Deported Aisha Huang 'sneaked' back; arrested and remanded with three ...
It said Aisha resumed small-scale mining activities without a license and further engaged in the purchase and sale of minerals in Accra without valid authority as granted by the Minerals and Mining Act. The prosecution said she engaged in the sale and purchase of minerals with the three accused persons and that intelligence led to their arrest.
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Obaseki: Edo Produced 3.7m Tons of Solid Mineral Products in 2021
04:20, 11th Sep, 2022 by Adedayo Adejobi. Nigeria. ... the Nigerian Mineral and Mining Act of 2007 and other relevant regulations governing the mining sector with respect to roles of the Federal ...
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How budget deficit, loan servicing weaken Nigeria's 2022 budget - The ICIR
At N3. 8 trillion, debt service is 22 per cent of total expenditure and 34 per cent of total revenue. T he 2022 budget has a deficit of about N6.25tn, approximately 3.39 percent of the country's GDP. The budget also set aside N59 billion for counterpart funding for railway projects including: Lagos-Calabar, Calabar-Lagos, Ajaokuta-Itakpe ...
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Kenya New Mining Act 2016 | Mining Law in Kenya - Bowmans
The new Act is largely considered to be a modern piece of legislation that is clear in terms of timelines and structures, but that still has a few challenges that need to be addressed. The Act requires the establishment of the Mineral Rights Board, which is a positive development in that it takes away some discretion from the Cabinet Secretary.
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ACTS AND REGULATIONS - Nigerian Upstream Petroleum Regulatory Commission
Official Gazette Nigeria Upstream Petroleum Host Communities Development Regulations 2022: 7: ... (CONVERSION TO OIL MINING LEASES, ETC) REGULATIONS 2003: OIL IN NAVIGABLE WATERS ACT: OIL PIPELINES ACT 1956: MINERAL OILS (SAFETY) REGULATIONS 1997: MARGINAL FIELDS OPERATIONS (FISCAL REGIME) REGULATIONS 2005: PETROLEUM ACT 1969:
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Two convicted for illegal possession of gemstones - Daily Post Nigeria
Aug 9, 2022August 9, 2022. By. Williams Anuku. Two persons have been arrested, prosecuted and convicted for illegal possession of minerals (gemstones). The duo, Emeka Ezema and Ye Kachi who were arrested on ...
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Environmental law and practice in Nigeria: overview
The NESREA, the major federal body responsible for protecting Nigeria's environment is responsible for enforcing all environmental laws, regulations, guidelines, and standards. This includes enforcing environmental conventions, treaties and protocols to which Nigeria is a signatory. Environmental Impact Assessment Act (Cap E12 LFN 2004).
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August 2022 - Nigeria Mining Cadastre Office
Aug 17, 2022The Mining and Minerals Act (2007) defines the Nigerian Mining Cadastral Office (MCO) as an autonomous body administering mining titles with integrity and in a transparent manner on a "first come, first served" basis.
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All you need to know about Nigeria's new mining law
Dec 17, 2021In November, the Nigerian government unveiled plans to revise its crucial mining law, the Nigeria Minerals and Mining Act (NMMA). The outdated law, which hasn't been updated since 2007, is accused of stifling growth in the nation's underdeveloped mining sector.
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Olamilekan Adegbite: Nigeria Has Enough Minerals To Power ... - Nairaland
The Minister of Mines and Steel Development, Olamilekan Adegbite, has said Nigeria has what it called "the mineral of the future" that can power electric cars and phones. Adegbite said this to international investors during one of the investors' forums at the Mining Conference in Riyadh Saudi, according to a statement by the ministry.
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Mining Laws and Regulations Report 2022 Zimbabwe - ICLG
The Mines and Minerals Act provides for different procedures for certain types of minerals and different types of land. The mining of coal, mineral oils, natural gas and nuclear energy source minerals have rules that are different from other minerals in terms of the acquisition of the rights.
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Why FG moved to end raw minerals export | Dailytrust
Highlights of the document include regulating the handling of exploitation, extraction and management of solid minerals in order to integrate it into the overall strategy of Nigeria's economic development. Despite global disruptions, Nigerian stock market rakes in N831bn in 6 months 2 civil servants face jail as 'yahoo yahoo' suspects 'jump bail'
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Top 10 Best Mining Company In India In 2022 - Inventiva
2. Coal India Limited. Coal India Limited (CIL) is a coal mining and refining company controlled by the Indian government. It is owned by the Government of India's Ministry of Coal, situated in Kolkata. It is a Maharatna public sector firm and the world's largest coal producer.
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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) mandated by law (The NEITI Act 2007) to promote transparency and accountability in the management of Nigeria's oil, gas and mining revenues.
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'I apologise for saying Chinese galamsey kingpins have presidential ...
She had been charged with three counts of undertaking small-scale mining operations, contrary to Section 99 (1) of the Minerals and Mining Act, 2006 (Act 703); providing mining support services ...
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Galamsey: Fourteen (14) Regions devastated by illegal mining activities ...
April 29, 2022. File. The Artisanal and Small-Scale Mining (ASM) problems in Ghana are very challenging, especially as they become intensified and difficult to solve day-by-day. Currently, ASM activities have seriously affected the lands and waterbodies in fourteen (14) out of the sixteen (16) regions in Ghana.
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Home | Odujinrin & Adefulu
Odujinrin & Adefulu advises African Export-Import Bank on Titan Trust Bank Limited's acquisition of Union Bank of Nigeria Plc. The 13th Annual Business Conference of the Nigerian Bar Association Section on Business Law Conference June 26- 28, 2019.
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2021 was the year clean energy finally faced its mining problem
Rising shipping and commodity prices could delay or even cancel solar projects slated for 2022, according to research firm Rystad Energy. Soaring metal prices could slow down the entire transition...
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Ministry of Mines and Steel Development - On the Road to Shared Mining ...
FG RELEASES 142.6M FOR RESEARCH DEVELOPMENT IN THE MINERALS AND METAL SECTOR IN NIGERIA . Adegbite. March 23, 2022 FG ASSURES MINERS OF ACCESS TO FUNDS March 14, 2022 BAUCHI GOVT TO TAKE ADVANTAGE OF KAOLIN IN THE STATE TO ENHANCE ITS REVENUE BASE March 14, 2022 More news Our Mandate 1.
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Top 10 business risks and opportunities for mining and metals in 2022 - EY
D isruption is fast reshaping the mining and metals sector's perception of where the biggest challenges - and paths to growth - may lie, according to our annual review of risks and opportunities in the global mining and metals sector (pdf).The climate crisis and rising stakeholder expectations are increasingly significant forces of change. Environment and social took the number one spot ...
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Aisha Huang, three others arrested for illegal mining remanded
It said Aisha resumed small-scale mining activities without a license and further engaged in the purchase and sale of minerals in Accra without valid authority as granted by the Minerals and Mining Act. The prosecution said she engaged in the sale and purchase of minerals with the three accused persons, and that intelligence led to their arrest.
WhatsApp:+8617329420102
MAN ask FG to accord mining sector funding - The Guardian
By Ernest Nzor, Abuja 03 August 2022 | 5:04 pm .... seeks establishment of solid minerals bank The Miners Association of Nigeria (MAN), on Wednesday, called on Federal Government should accord the...
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Mining cadastre adoption 'long overdue' - The Chronicle
As the country finalises the Amendment to the Mines and Minerals Act the gathering, which drew representation of the civic society organisations, academia, legislators and the public, said ...
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Mine 2022: A critical transition - PwC
Instead, the world will need more critical minerals and raw materials to power the global economy of the future—and these resources will need to be mined sustainably. Net zero and the energy transition will drive demand for metals. Market capitalisations for critical minerals miners outperformed the Top 40 by 49% to 147%.
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Tackle illegal miners devastating Osun, Ekiti - Punch Newspapers
Jun 21, 202221st June 2022 . By Punch Editorial Board. ... limestone, columbite, tourmaline stone and other mineral deposits in contravention of the Nigerian Minerals and Mining Act, 2007, and the Nigerian ...
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Environmental Standards and Regulations of Nesrea, Nigeria
National Environmental (Mining and Processing of Coal, Ores and Industrial Minerals) Regulations, 2009 National Environmental (Access to Generic Resources and Benefit Sharing) Regulations, 2009 National Environmental (Ozone Layer Protection) Regulations, 2009. ... 2022; PETROLEUM INDUSTRY ACT, 2021 August 16, 2021; NIGERIA: DOUBLE TAXATION RATE ...
WhatsApp:+8617329420102Robust policy framework secures investment in Nigeria's mining sector
Nigeria's mining sector now features prominently in its National Development Plan 2021-2025. This plan has recently been approved by the Federal Executive Council. This follows deep consideration not just from relevant Federal officials, but also State governors and representative local government councils as well as the private sector.
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Establish Mining Community Development Schemes In Mining ... - Modern Ghana
the passage of the minerals development fund act, 2016 and the introduction of the community mining programme provide fine opportunities for communities and civil society groups working in mining communities to engage with relevant state institutions to demand the establishment of the mining community development scheme and effective .
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Global Tantalum Production, Conflict Minerals and The U. S. Dodd-Frank ...
The shifting of tantalum production to the DRC, Rwanda and other African nations raised the concerns about tantalum's status as a conflict mineral. Conflict minerals, as defined by the SEC and Dodd-Frank Act, include the metals tantalum, tin, and tungsten. Conflict materials by definition, are used to fund armed rebels and civil violence.
WhatsApp:+8617329420102Proposed Ban: Mines Ministry allays fears of registered miners
Jul 23, 2022The statement also maintained that the Nigerian Minerals and Mining Act of 2007 is very clear on issue of minerals ownership and exploitation - Section 1(1) "The entire property in and control ...
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