Giant gold nuggets formed in quartz veins could be the result of earthquakes and electricity, say researchers at Australia’s Monash University. How exactly gold nuggets form has had scientists scratching their heads for many years. Often found nestled within quartz veins, gold flakes will sometimes clump together to form very large nuggets.
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Dr Dele Alake, the Minister of Solid Minerals Development, says the Federal Government will deploy technology for the surveillance of mining sites across the country. Alake said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. He said that the technology would be in addition to
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The Federal Government, through the Solid Minerals Development Fund, is making efforts to derisk the country’s mining sector and attract investments. The SMDF said it partnered with the Africa Finance Corporation to establish a portal for mining project sponsors, which would be managed by PWC. Speaking on the sidelines of the Nigerian
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Tinubu advanced his economic development diplomatic drive for investment attraction during an engagement with the South African leader in New York ahead of the 78th UNGA. President Bola Tinubu on Monday engaged in a bilateral discussion with his South African counterpart, Cyril Ramaphosa, welcoming mining industries of that country to invest in
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An algorithm designed to uncover asteroids that are “potentially hazardous” to the Earth has made its first discovery. Developed by a team at the University of Washington, the algorithm is designed to analyse data taken from the Vera C. Rubin Observatory (pictured), which is still under construction in Chile. The observatory is
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An Australian mining firm has been working with Microsoft to develop an AI system that could help to improve copper recovery at the world’s largest copper mine. The use of new digital technology to optimise concentrator performance at BHP’s Escondida operation in Chile could generate more value from an existing resource. Metals
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The US Energy Department has offered a conditional $700m (£574m) loan to Ioneer to mine lithium carbonate for electric vehicle (EV) batteries in Nevada. The Biden administration is doubling down on its effort to support the domestic production of EVs by offering a loan for what could become only the second
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As the world moves from fossil-fuel cars to electric cars, the federal government has been strongly advised to formulate deliberate policies to control the exploration, mining, production, and exportation of lithium in Nigeria. Chairman of the Board of the Solid Minerals Development Fund (SMDF), Uba Sa’idu Malami, who made this call
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An agency under the Federal Ministry of Mines and Steel Development, Nigeria Mining Cadastre says it has revoked 3,400 operational licences belonging to operators of the sector in the last two years. The licenes were revoked for their failure to meet up with operational guidelines as stipulated by provisions of the
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Rep. Abdullahi Halims, the Chairman of the committee, made this appeal during an oversight visit with other members of the committee to the Ministry of Mines and Steel Development in Abuja. Halims said that the facility would significantly contribute to the growth of the country when operational. He noted that the
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