Mining

Nigeria: Chinese geologists discover solid mineral deposits in Cross River

Wednesday, 23 August 2017 18:18

In Nigeria, the Cross River State Government has discovered new solid mineral deposits across the three Senatorial Districts of the state. These deposits, if properly utilized would greatly transform the economy of the state and reduce its reliance on federal allocations, according to the state’s Commissioner for Solid Minerals, George Oben’Etchi.

According to him, the discovery comes after a Memorandum of Understanding (MoU) signed by the state government with Shanxi Province of China, to carry out a geological mapping of the state.

Some of the minerals discovered in commercial quantity were Uranium, iron ore, manganese, tourmaline, barites, marbles, Galina, coal, kaolin, sulphite, rutile and new limestone deposits.

We have about 33 solid minerals without having the idea of their value. Going from the nooks and crannies of the state, we discovered that we have a huge deposit of magnetic Iron Ore. The one we have in Mfamosing is different from the one we discovered in Boki and Ikom and that is what the steel company needs. In Yala Local Government Area in Okpoma, we have about 60million metric tonnes of salt. The government will create an enabling environment to ensure that everything we need is acquired even as we will always go through those processes to enable us mine these resources and for investors, we want to assure that bureaucracy will be put in check and we will target all that will make us move forward,” Oben’Etchi said.

In his remark, a mining engineer and interpreter for the Chinese team, Zhao Zhiwei, noted that the discoveries are still subject to laboratory analysis.

Although we await the result from the laboratory, but as I can see, these mineral resources are very good and are of premium quality. Our governor in Shanxi Province and Directors will be happy to see this,’’ he added.

Anita Fatunji

On the same topic
Authorities are probing a leak on a pipeline linked to the Al-Sharara field The fire was contained with no casualties and production remains...
Nearly 90% of Kenya’s electricity comes from renewable sources Access to electricity has risen sharply, reaching 79% in 2025 The growth of...
Pancontinental Energy extends its PEL 87 offshore permit in Namibia by 12 months, valid until January 2027. The company must complete an...
Stanlib Asset Management raises 5 billion rand ($295 million) in the first close of its Khanyisa fund for clean energy. Fund already invests in 14...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.