From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.
SOFT COPY SUBSCRIPTION
Annual subscription x 12 issues
Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!
You would also have 12 months access to over 50 market research reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues
Subscribe Now!
For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
For
the benefit of those who need to know, an attempt would be made to
define mineral and metal ore. Mineral is an inorganic substance found in
nature with a characteristics chemical composition and in some cases,
of definite crystal structure. The earth crust contains rocks of different composition with different physical properties. Some hard, some soft.
Rocks
are the materials which the earth's upper crusts are made of. Rocks are
themselves composed of minerals. Minerals are naturally occurring
elements like Gold, or a compound such as Iron Oxide. If a rock contains
a mineral from which a metal can be extracted at a profit, it is call
an Ore. For example, Lead Ore.
The
occurrence and distribution of Lead ore in Nigeria mainly around the
Beneu Trough. Economic Pb-Zn mineralization is restricted to the
Southern parts of the Trough. Associated with the Pb-Zn ore are
chalcopyrite, siderite, azurite, malachite and marcasite.
Upwards
to the middle and upper regions of the trough are important deposits of
salt, barite, Limestone, and fluorite as well as argentiferous galena
and gypsum. All these deposits owe their genesis to aulacogen
development which in turn is a tectonic feature.
All
other forms of mineral deposits found in Nigeria are largely due to
some form of secondary processes. The processes may be sedimentary or
metamorphic. These include iron ore deposits, uranium, gold and many
varieties of industrial minerals. A careful study of the genesis of each
of these deposits will show that the ultimate source of the
mineralizing ingredients (metal sulphur, oxygen etc) is from within the
earth’s interior.
There,
they are mobilized in the process of magmatism and ultimately exposed
as part of primary igneous rocks, the parent of both metamorphic and
sedimentary rocks. These, therefore, are remotely related to tectonism
It
is estimated that Nigeria has over 10,000,000 tons of lead ore deposit
and it is an important component in car battery production. The prospect
of global economy is promising, so the automotive industry which is
closely related to the lead market, is witnessing growth thereby
creating more demands for the product.
There are two options available to a company or an individual to enter into the mining industry in Nigeria.
Through
the acquisition of an existing mining property from the original owner.
Approval must be obtained from the Ministry of Solid Minerals
Development for such a purchase.
Procedure for Mineral Title Licences/Leases and Permits:
Duly completed application form
Coordinates of the area of application
Certificate of incorporation
Attestation
Letter of consent from landowner(s)/occupier(s)
Types of minerals
Work programme/pre-feasibility report
Evidence of payment
Technical capability
Financial capability
In order to encourage investment in the solid minerals industry in Nigeria, Government is the offering the following incentives
1. 3-5 years Tax Holiday
2. Deferred royalty payments
3. Possible capitalisation of expenditure on exploration and surveys
4. Extension
of infrastructure such as roads and electricity to mining sites, and
provision of 100% foreign ownership of mining concerns.
The
mining industry in Nigeria is regulated by the The Nigerian Minerals
and Mining Act of 2007,National Minerals and Metals Policy 2008 and
Nigerian Minerals and Mining Regulations 2011.
Do you know you can access to over 50 market research reports and our monthly E- Magazine for 12 months for just N 5,000?
Click on the link below to know more about this offer.
At
Foraminifera Market Research {www.foramfera.com}, we provide bespoke
and up to date market research reports for beginners and exporters
already in the commodity export market.
Our
reports are designed to assist start-ups to understand the legal and
financial requirements of starting the business, the market trends
vis-a-vis demand and supply, competition, risk identification and
mitigation strategies.
You can order our detailed pre- feasibility report Lead Ore Mining in Nigeria by clicking on the link below.
Report Title: LEAD ORE MINING IN NIGERIA; THE PRE-FEASIBILITY REPORT.
Report Code: FORA/2013/07856
Do
you require one- on- one training on the subject matter? Contact us
with any of the details provided below to arrange a meeting
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}
E-Mail Address: enquiries@foramfera.com
Office Address:
61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.
Like and Follow us on
Twitter: https://twitter.com/fmarketresearch
HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The
training cuts across different segment of the economy to include
Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining
and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism
and Transportation and are facilitated by seasoned professionals in
their respective fields.
Please do visit the link below to access available training programmes
We
prepare business plan, feasibility study and market report for the
small and medium scale industries and develop the entrepreneurial
capacity of our client with the aim of providing the much needed
business data in Nigeria.
In
keeping with our vision of providing services that adds value to our
clients business and resources to develop their business into a strong
and visible global brand, we would like to introduce to you to our
sister websites
www.nigeriaoilandgasportal.com { The one stop for the oil and gas industry in Nigeria}
www.nigeriabusinessplace.com {Online Business Forum}
The
details in this article is based on information from various sources
that we believe are reliable; however no representation is made that it
is accurate or complete. While reasonable care has been taken in
preparing the articles, no responsibility or liability is accepted for
errors of fact or for any opinion expressed herein. The articles are for
information purposes only.
Foraminifera
Market Research accepts no liability whatsoever for any direct or
consequential loss arising from any use of the articles or its contents.
The
articles are for private circulation only and may only be distributed
freely in its entire form. Any other use without the prior express
consent of Foraminifera Market Research is prohibited.
