Dr. Dele Alake, the minister of solid minerals development, has urged investors from around the world to obtain information on Nigeria’s abundant mineral resources using the country’s geo-data digital platforms.Cultural tours in Nigeria
At the annual Mines & Money Conference, which is taking place at the Business Design Centre in Islington, UK, Alake made this appeal while speaking to the top executives of multinational mining corporations.
Alake said Nigeria used digital technology to sell minerals in order to facilitate business inquiries and encourage transparent transactions, according to a statement provided to journalists yesterday in Abuja by Mr. Kehinde Bamigbetan, the minister’s special assistant.
He named three websites as essential information sources for serious investors: the Nigerian Mineral Decision Support System, NMRDSS, Electronic Mining Cadastral, EMC+, and National Geo-Data Center.
The NMRDSS, according to Alake, is a web application that gives users read-only access to geoscientific and geoeconomic data. It also enables users to analyze the locations of mineral occurrences and make well-informed judgments about mining operations.
“This dynamic resource, which is updated on a regular basis to make the data as current as possible, allows the investor to explore the environment of the mineral occurrences of choice by providing publicly available data about the geology and mineral wealth of Nigeria,” he said. It provides solutions to questions about geography, urban development, transportation, hydrology, and demography.
The minister described the EMC+, stating that it is an effective and transparent online, real-time system for managing mineral rights during their life cycles.
“As long as they have the information needed as inputs in the application process, investors can plan and conduct research for titles remotely,” he said.
Alake informed the leaders of the mining industry that the administration of President Bola Tinubu was dedicated to gathering additional geological data in order to increase the platforms’ worth.
Additionally, he declared that the administration intends to increase funding for geological research and use the findings of studies conducted by both public and private organizations to generate additional data.
In addition to confirming the data’s quality, Alake, who also serves as the head of the Africa Minerals Strategy Group, an organization made up of African mining ministers, praised African geoscientists’ efforts to create a new coding system for research report certification.
He emphasized the importance of value addition and beneficiation in the downstream part of the mining value chain, noting that Nigeria is now a major supplier of vital minerals to the global economy thanks to recent discovery. Cultural tours in Nigeria
Nigeria is becoming a major actor in the worldwide shift to a green economy thanks to its purposeful investment in precise geoscientific data, especially for vital minerals like lithium and rare earth minerals. This adjustment is in line with our dedication to sustainability and our part in the worldwide effort to combat climate change,” he stated.
In order to diversify the economy in favor of the solid minerals industry, he invited big mining firms to collaborate with the President Tinubu government. He added that this partnership will unlock the nation’s vast mineral resources.
He made a compelling case to the world’s leading mining industry decision-makers as he concluded his speech: “The future of Nigeria’s solid minerals is bursting with promise.We welcome collaborations and ask you to go with us on this life-changing adventure.
Mark Bristow, president and CEO of Barrick, Mark Kristoff, CEO of Traxys, and Kate Southwell, general counsel for Anglo American, are among the key executives attending the event.
Additionally, the statement mentioned that Alake had previously answered questions from investors regarding mining at the Ministry’s display stand.