Stakeholders in the solid minerals sector have called for the payment of 10 per cent benefits to host communities as part of measures to build an environment that would ensure peaceful coexistence between miners and indigenes. They also proposed a 10-year renewable mining lease instead of the 25 years as captured in Section 66 of the Solid Minerals Mining Act 2007. They made the recommendations at the public hearing to […]
Alake Assures Foreign Investors Of Benefits In Mining Sector
Minister of Mines and Solid Development, Dele Alake has assured both foreign and local investors of more benefits from the mining sector. Alake stated this at the end of the 21st Africa Down Under Conference in Perth, Australia. This is contained in a statement signed by the Deputy Director of Information, Alaba Balogun, in Abuja. The statement stresses that the country's readiness is shown in its massive investment in geoscience […]
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