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Thursday, 19 June 2025

Nigeria Set to Spotlight Mining Potential at African Mining Week 2025


As Nigeria pushes forward with its mining ambitions, African Mining Week (AMW) 2025, the continent’s leading mining industry event scheduled for October 1–3 in Cape Town, will feature a dedicated session highlighting the country’s mineral prospects and investment-ready projects.

Themed “From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth,” AMW 2025 aims to connect global investors with emerging opportunities across Africa. Nigeria’s participation will reaffirm its growing status as a promising mining destination.

Public and private sector actors in Nigeria are accelerating efforts to tap into the country’s vast mineral resources to drive economic diversification and growth. In April 2025, Nigeria signed a cooperation agreement with South Africa - Africa’s top mining nation - to promote investment, facilitate technology transfer, and encourage knowledge exchange. This strategic alliance is expected to fast-track the development of Nigeria’s mining sector by leveraging South Africa’s advanced capabilities.

On the exploration front, Titan Minerals Limited is advancing projects in phosphate (Sokoto), bitumen (Edo and Ondo), and gold (Schist Belt). The company is also seeking partners to help progress new gold, base metals, and PGM deposits through feasibility.

Thor Explorations has launched underground drilling at its Segilola Gold Mine - Nigeria’s first industrial-scale gold operation - with the aim of increasing production to between 85,000 and 95,000 ounces in 2025.

Meanwhile, exploration of gold, lithium, and copper resumed in Zamfara earlier this year, reaffirming Nigeria’s drive to attract fresh capital into its mining ecosystem. The country’s mineral reserves include 42.5 billion tons of bitumen (ranked sixth globally), 10.6 billion tons of limestone, 2.75 billion tons of coal, over 3 billion tons of iron ore, and 21.4 metric tons of gold — underscoring its potential to become a major player in the global mining industry.

With AMW 2025 providing a high-impact platform to connect with investors and industry leaders, Nigeria is well-positioned to present its mining progress and policy reforms. The session will also explore key issues such as infrastructure, partnerships, and regulatory frameworks critical to unlocking the sector’s full potential.

As international interest in sustainable resource development grows, Nigeria stands on the cusp of becoming a leading hub for mineral production and beneficiation in Africa.

African Mining Week will run concurrently with African Energy Week: Invest in African Energies 2025 from October 1–3 in Cape Town.

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