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Mining industry of Nigeria Wikipedia. The Nigerian Mining Corporation (NMC) was formed in the early 1980s to explore for golds. Lack of fund, and the lure of easier profits from oil production led to its failure. There is no large scale gold mining operation in Nigeria today, though there is smallscale mining carried out by artists. READ MORE
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Jun 12, 2017· With a substantial capital, you can purchase critical equipment specific to different mining sectors, and place them on a lease. See Also: 20 Lucrative Medical Business Ideas For Healthcare Professionals . 19). Equipment Servicing: This service is for engineers who have a wide understanding of how mining equipment work.
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Artisanal and Smallscale Mining (ASM) is an important part of the Nigerian mining sector which has the potential to raise internally generated revenue and enhance our foreign exchange earnings ...
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A proper entry point into mining could be as a small scale or medium scale enterprise. This will mean that you''ll have at least some basic but vital equipment and human expertise to work with. While this will cost you much more than a micro scale artisanal venture, it''ll be a safer bet all round.
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Small Scale Mining Industry in Nigeria. The mining industry in Nigeria is one of great potential. It is however only just developing. Smallscale mining is an integral part of mining in Nigeria, which can contribute to local and foreign exchange earnings as well as by encouraging foreign direct investment and boosting the country''s economy.
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