Not less than 1,263 mineral licenses will be deleted from the portal of the Electronic Mining Cadastral system of the Nigerian Mining Cadastral Office, MCO following their revocation by the Federal Government. These include 584 exploration licenses, 65 mining leases, 144 quarry licenses, and 470 small-scale mining leases. By opening up the areas formerly covered by these licenses, the revocation is expected to spur fresh applications by investors looking for fresh opportunities. Approving the revocation following the recommendation of the MCO, the Minister of Solid Minerals Development, Dr. Dele Alake…
Read MoreFG REVOKES 1,263 MINERAL LICENSES FOR ANNUAL SERVICE FEES DEFAULT
