· Legislation on-line The House of Representatives, National Assembly, Nigeria PDF of Act (consulted on ) Abstract/Citation: Chapter 1 - Minerals, Prospecting, Mining and Quarrying

 · He said: "Concurrently, there is an ongoing review of the Nigerian Minerals and Mining Act 2007, aimed at bringing legislation into conformity with global best practices, …

Nigerian minerals and mining regulations, 2011 Publication [Abuja, Nigeria] : Federal Republic of Nigeria, Ministry of Mines and Steel Development, [2011] Physical description 219 pages ; 29 cm At the library SAL3 (off-campus storage) No public access Stacks Request More options Find it at other libraries via WorldCat Description

Nigerian Mining Corporation BACKGROUND The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 of 1972, and amended by Decree 34 of 1976 (now NMC Act, Cap. 317, 1990).

Some key provisions: Gives ownership of all mineral resources in Nigeria and in the Exclusive Economic Zone to the Federal Government for and on behalf of the people of …

 · The indigenisation act was repealed to make way for foreign ownership of companies and reparation of profits. Section 2(e) of the Mining act specifically states that there should be equitable ...

 · exploration and mining is prohibited in land set aside for military purposes; land within 50km of any oil pipeline licence area, railway, public road, reservoir, dam or government or public...

Prohibition of exploration or exploitation of minerals without authority. (1) No person shall search for or exploit mineral resources in Nigeria or divert or im-. pound water for the purpose of mining except as provided in this Act. (2) The provisions of this Act in respect of reconnaissance, exploration and exploita-.

This is largely due to the dominance of the oil sector in attracting available risk capital, as well as government policy focus. According to the World Bank the mining of minerals in Nigeria has accounted for less than 0.5% …

 · Section 2 (e) of the Mining act specifically states that there should be equitable balance between both foreign and indigenous interest in exploration. This provision …

 · Under the Nigeria's Minerals and Mining Act, 2007, only corporations can obtain a mining lease in Nigeria. And when a mining lease is issued, the duration is for a period of 25 years. Small Scale Mining Lease: The Small Scale Mining Lease, as the name appears, is a smaller version of mining license.

 · An Act to repeal the Minerals and Mining Act, No. 34 of 1999 and re-enact the Nigerian Minerals and Mining Act 2007 for the purposes of regulating all aspects of the exploration and exploitation of solid minerals in Nigeria; and for related purposes. [2007 No. 50.] [29. th March, 2007] [Commencement.] ENACTED by the National Assembly of the ...

Welcome to the Integrated Automation and Interactive Solid Minerals Portal (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda …

 · Presently, over thirty-four minerals are found in commercial quantity and spread across the entire country, including gold, iron, lead, zinc, rare metals, coal, bitumen, and gemstones. In 2019, Nigeria was the world's biggest exporter of Scrap Vessels ($2.26B) and Flexible Metal Tubing ($2.1B). Quick Facts Oil Primary Mineral Undisclosed

An Act to Repeal the Minerals and Mining Act, No. 34 of 1999 and Re-enact the Nigerian Minerals and Mining Act, 2007 for the purposes of Regulating all Aspects of the Exploration and Exploitation of Solid Minerals in Nigeria; and for Related Purposes. Download the resource. Access original publishing page.

- Failure of the mining policy evidenced by decay and collapse of the monopoly corporations - Insignificant contribution of mining to national income and development - Almost total absence of private sector investment in exploration over the past 30 years - Nigeria totally missed the mining investment funds that poured into Africa in the 1990s. 2

 · The principals among these laws are the 1999 Constitution of Nigeria (as amended) and the Petroleum Act, which vested ownership and control of oil found anywhere in Nigeria in the Federal Government. This includes oil located within any land in Nigeria, under its territorial waters, continental shelf or within its exclusive economic zone.

 · ARRANGEMENT OF SECTIONS CHAPTER I Minerals, Prospecting, Mining and Quarrying PART I Ownership and Control of Minerals SECTION Control of property in minerals, water, etc., vestedin the State. Prohibition of exploration or exploitation of minerals without authority. Lands excluded from minerals exploration and exploitation. PART II …

[Abuja, Nigeria] : Federal Republic of Nigeria, Ministry of Mines and Steel Development, [2011] Physical description 219 pages ; 29 cm. Available online ... Regulations to accompany Nigerian Minerals and Mining Act, 2007. Browse related items. Start at call number: KTA1006 .A352011 A4 2011. View full page. Librarian view | Catkey: 12001124

Welcome to the Integrated Automation and Interactive Solid Minerals Portal (IAISMP), the GO-TO portal for real time information on Mining Sector in Nigeria. Office:No. 2, Luanda Crescent, off Adetokunbo Ademola Crescent, Wuse II, …

 · Nigeria passed the 2007 law deregulating the mining of solid minerals in a bid to attract much needed private investment to develop the underperforming and neglected …

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 · Mining operations can be conducted in all areas within the land borders, territorial waters the continental shelf and in the exclusive economic zone of Nigeria, except areas that are already under existing mineral titles or closed to mining operations by virtue of the Act, Regulations or any other law in force. • Small Scale Mining Lease

 · exploration and mining is prohibited in land set aside for military purposes; land within 50km of any oil pipeline licence area, railway, public road, reservoir, dam or …

 · Mining activities before 2007 in Nigeria were carried out in accordance with the provisions of the Federal Minerals and Mining Act (FMMA) of 1999. In 2007, the Nigerian Mining and Minerals Act ...

Control of property in minerals, water, etc., vestedin the State. Prohibition of exploration or exploitation of minerals without authority. Lands excluded from minerals exploration and exploitation. PART II Administration of the Act Functions of the Minister. Establishment of the Mining Cadastre Office.

The Agency has a dedicated team working assiduously to ensure that mining permits and leases applications are processed within the shortest time possible Availability The mining cadastre is open to the public at the following hours: Monday - Thursday 09:00 - 12:30; 13:30 - 16:00; Friday 09:00 - 12:30; 13:30 - 15:00 Exploration License Quarry Lease

The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 of 1972, and amended by Decree 34 of 1976 (now NMC Act, Cap. 317, 1990). The NMC as provided by the Decree was to play a dominant role and to act as a catalyst in the development of the mining industry in Nigeria ...