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NEWS and REPORTS => Nigerian News => Topic started by: Shola Sholaz on Sep 30, 2013, 10:28 PM

Title: Lack Of Political Will Hinders Minerals Devt
Post by: Shola Sholaz on Sep 30, 2013, 10:28 PM
ABUJA: The solid minerals sector plays host to a whole lot of mining activities relating to exploration and extraction of mineral deposits by companies across the country. The solid mineral resources are on the exclusive list of the nation's constitution, and therefore are solely under the control of the federal government.
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The solid minerals deposit across the country makes it to be among one of the largest in the globe.
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These minerals and metals have been found to occur in over 500 locations in different parts of the country. It is intimidating and amazing to state that these precious minerals and metals are in commercial quantity.
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There are 44 heavily endowed minerals and metals such as barites, coal, gold, bitumen, gemstone, uranite, manganese, tantalite, columbite, iron ore, gypsum, kaolin, tale, diatomite, silica sand, bentonite. Others are limestone, mica, phosphate rock, clay, marble, magnetite, feldspar, kyanite, fluorite, rutile, wolframite, bismuth, argentite, molybdenite, galena, sphalerite, vanadinite, and a host of others.
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Some of them are of high global demand, sallimanite is for the production of refactories and spark plugs, chromite, cobaltite, vanadinitew stibnite are sources of elements essential for alloy steel production, while chalcopyrite (copper), lanthanum, pentlandite (platinum) are specialty minerals with high global demand, and uraninite (uranium) serves as an energy mineral.
Title: Re: Lack Of Political Will Hinders Minerals Devt
Post by: Folami David on Oct 01, 2013, 04:40 AM
This is very truth. Nad it is very much rampant in Nigeria which is not good by me.
Things have to change!