The Segilola gold project in Nigeria is expected to produce an average of 80,000oz of gold through its mine life. Ore will be processed at a 625,000tpa processing plant. Diesel generators and compressed natural gas generators will be the main sources of power supply for the project. Image courtesy of Thor Explorations.
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It is not hyperbolic for one to say that Nigeria is massively rich both in oil and in solid minerals, hence the presence of mining companies in the country. Mining is said to have started in Nigeria in 1903 when the Northern protectorate was surveyed. Mining of gold in Nigeria started around the year 1910, […]
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Nigeria has largely untapped deposits of 44 minerals, which include gold, iron ore, coal, tin and zinc, in more than 500 locations spread across Africa’s most populous nation. But most of the mining is artisanal and the absence of gold refineries means value typically has not been added in the supply chain.
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Nigeria''s first gold refinery plans to triple capacity in. Nigeria''s first gold refinery is expected to more than triple its capacity within five years after operations begin next June, an executive at the company developing it said on Tuesday.
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The mine is an open letter to the world on Nigeria’s brewing industrial revolution, as the country looks set to tap into its untapped deposits of metals including iron ore, gold, zinc and lead, in a bid to create value, generate wealth and create employment opportunities for the Nigerian youth.
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GON hopes to focus on eight sub-sectors: iron ore, gold, copper, coal, tar-sands/bitumen, barite, lead-zinc, and dimension stone. Nigeria has proven reserves of coal estimated at over two billion metric tons, and coal-fired electrical power is being explored by the GON as an additional source of power.
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The dried gold sand is melted in a furnace and cast into bars. Depending on the capacity of the Gold Refinery installation, casting of 400 troy ounces (~12 kg) fine gold bars is done either manually by using a removable crucible and a casting table or by using a Outotec Gold Bar Casting Wheel. The gold bars are then cooled in a water bath.
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Nigeria has largely untapped deposits of 44 minerals, which include gold, iron ore, coal, tin and zinc, in more than 500 locations spread across Africa’s most populous nation. But most of the mining is artisanal and the absence of gold refineries means value typically has not been added in the supply chain.
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