Earlier, the Sole Administrator of the National Iron Ore Mining Company Limited, NIOMCO, Mr. A.C Nkechika, while emphasing the need for Nigeria to be part of the huge demand for iron ore market in Africa, stated that the visit of the Honourable Minister of Steel Development, soon after he assumed office, is an indication that Nigeria is on an ...
The Global Infrastructure Holding Ltd. (GIHL) took over the National Iron Ore Mining Company (NIOMCO), Itakpe, Kogi State in 2016 and got its agreement terminated in 2019 due to non-performance. GIHL dragged the Federal Government to court for breach of contract and it was awarded damages to the tune of $496m which had been …
Surprisingly, President Obasanjo reneged on the agreement and gave Ajaokuta and National Iron Ore Mining Company to SOLGAS Energy which lacked both the technical expertise and funds to manage the ...
November 16, 2017. Reading Time: 2 mins read. 2. The Federal Government of Nigeria on Wednesday said the Ajaokuta Steel Company, ASC, and the National Iron Ore Mining Company Limited, NIOMCO ...
In a statement issued by its national coordinator, Ibrahim Issah, SINET recalled that the National Assembly Joint Committee on Steel Development recently passed a resolution to probe the $496million paid by the Federal Government to an Indian firm which failed to revitalize the Itakpe Iron Ore Company after three years.
Global production of iron ore is estimated to have been 2,537 million tonnes in 2021, slightly higher than the 2,472 million tonnes produced in 2020. Australia is the leading global producer of iron ore, accounting for 35% of the total production. The top three iron ore-producing countries accounted for 65% of global production.
Benard I.U. Itakpe iron ore deposit is a multi-grade ore deposit with ore grades varying from 14.8%Fe to 41%Fe in the 25 ore layers. At the point of design of the mine, several low grade ores were ...
The National Iron Ore Mining Company (NIOMCO) Itakpe is a Parastatal under the supervision of the Federal Ministry of Mines and Steel Development in Nigeria The FGN …
In the framework of the Mbalam-Nabeba iron ore development project, Cameroon's National Mining Company (Sonamines) will be in charge of the mining Yaoundé - 06 January 2024 - ≡
I am a Senior Manager Safety and Environment.I am a Chemical Engineer (process Engineer),Mining Engineer and HSE Engineer. I pride myself as a problem solver and navigate complex scenarios to ensure tasks are done safely. I have cross-industrial experience in Mining operation, quality control/ quality assurance and Ore's processing …
He added that "the Global Infrastructure Holding Ltd., GIHL took over the National Iron Ore Mining Company, NIOMCO, Itakpe, Kogi State in 2016 and got its agreement terminated in 2019 due to non ...
As an evident of this, NIOMCO is required to supply Ajaokuta Steel Company Limited, ASCL, with 2.5 million tonnes of iron ore concentrate with Iron (Fe) content of 63-64% in the latter's ...
The Permanent Secretary, Ministry of Mines and Steel Development, Dr. Oluwatoyin Akinlade, has described Ajaokuta Steel Company Limited and National Iron Ore Mining Company Limited (NIOMCO) as ...
Minutor Mining and Exploration Services Mining Abuja, Federal Capital Teritory
His interests cut across decentralized finance (especially Bitcoin and USDT), investment, foreign exchange, government policies and politics. Ope is available on Twitter @OpeQuadri. Agencies of the Ministry Steel Development in Nigeria are COMEG, MCO, ASCL, MTI, NSRMEA, NMDC, and NIOMCO.
The problem with low-grade iron ore is that it generates a vast amount of waste, known as tailings. In the case of Kudremukh, with an iron ore content of just 30%, the remaining 70% of waste mud had to be dumped somewhere. That 'somewhere' turned out to be the forested Lakya valley, across which a tailings dam was constructed.
Last week's disclosure by the Minister of Finance, Budget and National Planning, Zainab Ahmed, that the new $1.5 billion steel plant in Kaduna state may lead to Nigeria's industrial breakthrough cannot be farther from the truth. When it comes on stream, the Kaduna steel plant, together with a revived Ajaokuta Steel Company in Kogi state ...
Abubakar Malami, Attorney-General of the federation, announced that the federal government had finally resolved the long-standing contractual dispute with Global Steel Holdings Ltd (GSHL) over the Ajaokuta Steel Company Limited (ASCL) and the National Iron Ore Mining Company (NIOMCO) in Itakpe.
On September 3, 2022, Nigeria announced that it had reached a settlement of $496 million with Global Steel, thereby rescuing the Nigerian steel, iron ore and rail industries "from a variety of ...
Rio Tinto is a leading global mining group that focuses on finding, mining and processing the Earth's mineral resources. ... Boyne Smelters Ltd; Gove; ERA; Canada. Back to Operations. Canada. Saguenay–Lac-Saint-Jean. Back to Canada. ... Iron Ore Company of Canada. Back to Canada. Iron Ore Company of Canada. IOC communities; Iceland. …
He said "Council approved the engagement of transaction advisors for consultancy services for the concession of Ajaokuta Steel Company Limited and also the National Iron Ore Mining Complex in ...
Ajaokuta steel has the capacity to become a major producer of industrial machineries, auto-electrical spare-parts, shipbuilding, railways and carriages. The steel plant's first phase has the capacity to provide direct employment for 10,000 technical staff and indirect 500,000 for unskilled upstream and downstream employment if it is in …
"As an evident of this, NIOMCO is required to supply Ajaokuta Steel Company Limited, ASCL, with 2.5 million tonnes of iron ore concentrate with Iron (Fe) content of 63-64 per cent in the latter ...
7. Thor Explorations Ltd. This company is well known across Nigeria and West African countries for its gold and iron ore mining project called Segilola. Thor boasts great resources for grading gold and preserving nearly 450,000 ounces (4.2 g/t grading).
& Mining Act ("the Act"), 2007 - the principal legislation regulating the mining of solid minerals in Nigeria. The new Bill i.e., the Nigerian Minerals & Mining Bill 2023 (the Bill); …
National Mineral Development Corporation Ltd. (NMDC), Country's largest Iron Ore producer, a CPSE under Ministry of Steel became the first company in the country to cross 40 million tonnes (MT) iron ore production in a year. ... "NMDC's ground-breaking achievement of becoming the first iron ore mining company in India to cross 40 MT is …