Category : Search result: mining boom


BHP drops Anglo American takeover bid

Australian mining giant BHP has abandoned its takeover bid for British rival Anglo American, reshaping the global copper mining landscape. Discover the implications for Nigeria's mining sector.

Sudan's Resource War Fuels Brutal Civil Conflict

The scramble for Sudan's gold, farmland, and coastline by foreign powers is fueling a brutal civil war that has killed thousands and displaced millions. Discover the hidden economic drivers behind the crisis.

Nasarawa launches $400m rare earth metals plant

Nasarawa State inaugurates a $400 million rare earth and critical metals processing plant in Uke, set to create over 10,000 jobs and position Nigeria as a key player in the global tech and energy sectors.

Court fixes January 15 for Ansaru terror trial

The Federal High Court in Abuja has postponed the trial of two alleged Ansaru terror leaders to January 15, 2026. Get the latest details on the 32-count terrorism charges and the legal arguments that led to the adjournment.

BHP liable for Brazil mine disaster: UK court

British court rules BHP responsible for 2015 Brazil dam collapse that killed 19, unleashed toxic mud. Mining giant faces potential £36 billion compensation claim. Full details on the landmark environmental case.

Guinea launches massive Simandou iron ore mine

Guinea officially launches production at Simandou, one of the world's largest iron ore mines. The $20 billion project promises economic transformation and thousands of jobs for the West African nation.

SROL Champions Community Impact at Nigerian Mining Week

Strategic Resources Orthopaedics Limited (SROL) made waves at Nigerian Mining Week 2025, unveiling groundbreaking initiatives that promise to transform mining communities through sustainable development and local empowerment.

Amazon Shares Surge as AI Boom Drives Cloud Growth

Amazon's stock surges to record highs as artificial intelligence revolution drives unprecedented growth in AWS cloud services, creating massive opportunities for Nigerian tech investors and businesses.

Segilola Resources Wins Second CIPM HR Award

Segilola Resources Operating Limited continues to set new standards in human resource management, securing its second consecutive CIPM award while transforming Nigeria's mining sector through exceptional workforce development.

G7 Moves to Counter China's Critical Minerals Dominance

World's wealthiest economies unite to counter China's dominance in essential minerals powering electric vehicles and clean energy technologies. Discover how this global shift could create new opportunities for Nigeria's mining sector.

Samsung Profits Jump 32% in Q1 2024

Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.

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