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How gold mining can enhance Nigeria’s economy

The Nigerian economy has over the years relied heavily on crude oil for foreign exchange earnings and government revenues. As with mono-economies, this reliance makes Nigeria vulnerable to fluctuations in crude oil prices and production. This year, the twin shock of the coronavirus pandemic and

Gold edges higher as global recession fears persist

Gold prices rose on Tuesday, supported by fears of a global recession and fallout from central banks’ stimulus measures, while an uptick in risk-appetite after a positive report about a potential COVID-19 vaccine limited bullion’s advance. Spot gold was up 0.2% at $1,734.66 per ounce

Solid Minerals: Era of criminalizing illegal miners over — FG

The Federal Government on Thursday declared that the era of criminalizing illegal miners is over as it holds consultative meetings on the formalization of artisanal miners into cooperatives, and small-scale miners into larger mineral and financial enterprises. The declaration was made by the Minister of