Tag: Nigeria

POSITIVE steps towards progressing Kogi Iron’s Agbaja steel project in Nigeria have been announced, including a recent $3.2m fundraising toward the financial completion of the feasibility study. The Project, located at Agbaja in Central Nigeria, will potentially produce 1mt of cast steel feedstock annually. A fourth lease has been granted by the Mining Cadastre Office, FRN which will deliver a contiguous tenement package on the Agbaja Plateau of around 145sqkm. Kogi Iron Limited managing director David Turvey said the company had achieved another milestone as it moved forward to becoming an integrated steel producer in Nigeria. The new funding commitments include $860,000 in new equity from current shareholders, endorsing the project’s strong potential. Board members have continued to meet with...

Operations at the Calabar project in Nigeria had now come to an end. Image: Macmahon.   By Elizabeth Fabri   MACMAHON has ended its Calabar contract in Nigeria two years ahead of schedule following a kidnapping incident in June involving seven staff. The contract, set to finish in 2018, was terminated early due to security concerns and ongoing low mining volumes linked to the client’s production plant. On 28 October operations at the project ceased, and demobilisation was now in progress. “We’ve been working at Calabar since January 2012 and our contract has been to undertake quarrying operations at UniCem’s 2.5Mtpa cement manufacturing plant in Mfamosing, about 40km north east of Calabar in Cross River State, Nigeria,” a company spokesperson said....

Hugh Morgan presenting at the Paydirt 2016 Africa Down Under mining conference at Perth in September.   By Elizabeth Fabri   A HIGH grade native nickel discovery made in West Africa is believed to be the first of its kind in the world. The Titan Nickel Project discovery, made by a private Australian company, was said to contain an ‘improbable’ kind of nickel that formed in small balls 0.1-5.0mm in diameter, compared to traditional nickel that needed to be refined from soil. Mining veteran Hugh Morgan, who heads the company, said the balls were hard and weakly ferromagnetic, and ranged in colour from bright silver and golden, to dark metallic grey. “What makes this nickel so unique is its genesis;...