Economy
Nigeria remains huge mineral destination—Titans
About 1,200 mining experts are to attend the 2022 edition of Nigeria Mining Week on November 1 in Abuja. This was made known by the Ministry of Mines and Steel Development and the Miners Association of Nigeria, MAN, in collaboration with PwC Nigeria and VUKA Group. The Mining Week will connect the entire mining value chain to reconnect face-to-face and explore exciting opportunities that the Nigerian mining sector described West African powerhouse offers. The industry has also given the event an enthusiastic stamp of approval with leading expert companies and projects eager to showcase what is widely regarded as the next best investment destination for mining houses and investors. These include Titan Minerals Ltd, formerly known as AG Vision Mining, a diamond plus sponsor of the event. Others expected are from United Kingdom, UK, Australia, Canada, and others
Meanwhile, the Managing Director and Founder of Titan Minerals Ltd, Fadi Ghazale, expressed excitement about the future of Nigeria’s mining sector. Ghazale said “we are seeing a steady flow of interest from junior exploration companies, mostly based in the UK, in Australia and Canada, that are curious about knowing the real potential of Nigeria and whether Nigeria is really, or will become, a mining destination with large mines and big projects. We are currently working on several projects, mostly related to gold, base metals and tin. However, he disclosed interest in battery minerals, “Most importantly, there is a very large interest in battery minerals, with a large focus on lithium pegmatites. We are currently working for several clients with an interest in these particular minerals.”
Other leading mining companies who are also sponsors of the event will showcase their potential, include Africa Finance Corporation, FBN Bank, IAC Gold, Rapidlink and Segilola Resources Operating Limited. Others are African Natural Resources & Mines, Beak Consultants, Guideline Geo, HSiT Africa, Juggernaut Industries, and Xugong Nigeria Company Limited.
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