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“The attraction for this area and these projects lies in basement rocks, similar to the Birimian of the West African craton."
Nigeria is not prepared to deal with a serious rise in COVID-19 cases as its health system is more challenged than it was before the pandemic.
It is hoped that Segilola will lay the foundation for attracting more mining investment in the country.
“Nigeria and countries across Africa are committed to a net-zero future, especially given their vulnerability to climate change."
Buhari’s 2015 promises to deliver economic gains, better governance, and to tackle corruption and insecurity have not come to fruition.
The plants covered by the agreement are operated with Wärtsilä 34SG gas-fuelled engines producing a combined total of approximately 132 MW.
It’s Nigeria’s first commercial-scale gold mine, and once operational it will be the highest grade (4.2 g/t) open pit mine in West Africa.
This is in line with its defined growth strategy, positive market setting for gold and a track record of exploration and development success.