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The 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.
Sep 16, 2018· Challenges Of Artisanal, SmallScale Mining In Nigeria. Published. 1 year ago. on. September 16, 2018. By. ABAH ADAH. In this report, ABAH ADAH highlights the challenges of .
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.
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 ...
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.
The Nigeria Mining Cadastre Office, on receipt of a valid application, is obliged by law to grant and issue an Exploration Licence within 30days. A licence will not be granted over any land that is subject of an existing Exploration Licence, Mining Lease, Small Scale Mining Lease, Quarry Lease or closed to prospecting/mining activity ( ...
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 ...
A license will not be granted over any land that is subject of an existing Exploration License, Mining Lease, Small Scale Mining Lease, Quarry Lease or closed to prospecting/mining activity ( Forest reserves, military areas, government dev areas, national heritage area etc).
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 ...
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 .
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 ...
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 .
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.
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.
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.
(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.
There are two types of Licenses issued to oil producers in Nigeria namely: the Oil Prospecting License (OPL) and the Oil Mining License (OML) with validity periods ranging from 5 to 20 years respectively. All the Petroleum (Crude Oil) in Nigeria is vested in the Federal Government, whose sole responsibility it is to control the resources and ...
Mining sector is one of the lucrative sectors of the Nigeria economy. Nigeria is endowed with several types s of mineral resources. Every investor or company willing to engage in the Nigerian mining sector requires a government approval or license to proceed.
The Oil Exploration License, OEL, is the nonexclusive right of a licensee to explore oil and gas within the area of the grant. This License confers exclusive rights of surface and subsurface exploration for the production of petroleum in an area not more than 2590 sq. km. (1000 sq. miles) in size.
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;
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.
Apr 20, 2018· By Sully Manope, in Abuja . Nigeria''s Ministry of Petroleum has approved the recommendation by the Department of Petroleum Resources (DPR), to revoke three Oil Mining Leases (OMLs) operated by Shell Petroleum Development Company, a local arm of Shell, the Anglo Dutch major.
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.
Sep 04, 2018· Oil mining licence 11 is one of the biggest blocks in southeast part of Niger Delta and has 33 oil and gas fields, eight of which were producing as of 2017. ... Shell''s origin in Nigeria dates ...
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