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Oct 23, 2018· The Federal Government on Monday announced that the country would soon commence the refining of gold as it had issued the first gold refining licence to a firm known as Kian Smith Limited ...
Exploration Licence: This is an exclusive right awarded to companies incorporated in Nigeria, a Mining Cooperative, or the holder of a Reconnaissance Permit over the subject area of the application, for a period of 3 years renewable twice for a further period of 2 years each (subject to meeting certain conditions) to conduct exploration of ...
Jun 06, 2019· Buhari Revokes MKO Abiola Oil Mining License, OML To Recover Legacy Debt The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licenses (OML) and one Oil Prospecting Licence (OPL) belonging to five companies. In a public notice on Thursday by the regulatory body, the revocation was based on a presidential directive to "recover legacy debts" owed by the .
Oil exploration licences. oil prospecting licences and oil mining leases SECOND SCHEDULE Rights of preemption THIRD SCHEDULE Repeals FOURTH SCHEDULE Transitional and savings provisions An Act to provide for the exploration of petroleum from the territorial waters and the continental shelf of Nigeria and to vest the ownership of, and all on
Oct 18, 2019· 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.
Thirtyone Nigerian exploration licenses were revoked last week in another cleanup exercise to revamp the domestic oil sector. Sixteen licenses were lost last July in a similar exercise, although ...
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. Mining license in Nigeria is usually relevant for companies seeking to engage in the mining sector, with or without a mining lease.
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 .
Mining industry of Nigeria . The mining of minerals in Nigeria accounts for only % of its GDP, due to the ... Cadastre Office manages all the Nigerian mining licenses and mining rights.
Oil exploration licences. oil prospecting licences and oil mining leases SECOND SCHEDULE Rights of preemption THIRD SCHEDULE Repeals FOURTH SCHEDULE Transitional and savings provisions An Act to provide for the exploration of petroleum from the territorial waters and the continental shelf of Nigeria and to vest the ownership of, and all on
(3) The holder of the mining lease or licence may, on notifying the Minister of the production of the tin, apply to the Minister for the inclusion in his mining lease or licence, the winning of tin, and the Minister may grant the application, subject to the conditions that
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 .
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.
HOW TO OBTAIN MINING LICENSES IN NIGERIA (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 .
(Section 52 of the Nigeria Minerals and Mining Act, 2007 and the Nigerian Minerals and Mining Regulations, 2011. The area of land in respect of which any water use permit (WUP) is granted shall not exceed the area reasonably required for the purpose of the permit as defined in the regulation.
Oct 02, 2017· The relevant sections of the Act are Section 48 and 59 of Nigerian Minerals and Mining Act, 2007; 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.
Addresses and contact information of procedure obtaining mining licence in in nigeria
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. A disclosure sent to the ...
The Nigerian Mining Cadastre Office manages all the Nigerian mining licenses and mining rights. They are a subsiary of the Ministry of Mines and Steel Development of the Federal Republic of Nigeria. Gold. Illegal miners in Itagun, Osun State, gathering their gold finds in pan.
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.
Minerals and Mining Decree. No 34 of 1999. Laws of the Federation of Nigeria ... Minerals raised by holder of an exclusive prospecting licence to be property of Nigeria, etc. 31. ... Power to revoke exclusive prospecting licence, mining lease, water licence, or temporary title:
This is also among major mining companies in Nigeria. The organization was formed by a group of companies with the aim of channelling their potentials and resources so as to tap into the Nigerian Mining and Minerals Processing Company. WGG Ltd is among the largest mining and exploration firm in Nigeria.
A 486 2007 No. 20 Nigerian Minerals and Mining Act Functions of the Minister. metres of a railway, or which isthe site of, or within fifty metres of, any government or public building, reservoir, dam or public road; (d) that is subject to the provisions of the National Commission for .
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