• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, August 7, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Nigeria, South Africa Sign Landmark Mining Agreement

April 17, 2025
Lawrence Ankutseby Lawrence Ankutse
in Africa
0
Nigeria, South Africa Sign Landmark Mining Agreement

Nigeria signs mineral agreement with South Africa

In a bold move aimed at deepening economic ties and fostering industrial growth, Nigeria and South Africa signed a bilateral agreement focused on the mining development of the two countries. 

The deal, inked under the revived Nigeria–South Africa Bi-National Commission, signals a strategic commitment by both countries to harness their mineral wealth and translate it into sustainable economic benefits.

The agreement was formalized during a high-level meeting between Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and South Africa’s Minister of Mineral Resources and Energy, H.E. Gwede Mantashe.

RelatedPosts

UAE Bans Sudanese Airlines Amid Rising Tensions

Fresh Carnage Shatters Hopes For Congo Peace

ECOWAS Charts New Strategy For Humanitarian Missions

According to Segun Tomori, Special Assistant on Media to the Honourable Minister of Solid Minerals Development, the partnership is designed to promote technology exchange, investment flows, and regional integration. 

Speaking at the event, Dr. Alake expressed optimism about the collaboration, describing it as “a turning point in bilateral relations.” He emphasized that mining has the capacity to reshape Africa’s economic landscape and declared the new partnership a cornerstone for future transformation.

Deal Targets Collaboration And Industrial Growth

Among the key areas of cooperation is capacity building in geoscience applications, particularly using unmanned aerial vehicles (UAVs) or drones. Both nations plan to develop localized expertise in utilizing UAVs for geological surveying and mapping. This is expected to boost the accuracy and efficiency of exploration activities, especially in remote or underexplored regions.

The agreement also includes collaboration on cutting-edge exploration methods, such as the use of multi- and hyperspectral remote sensing technologies. As part of the deal, Nigeria’s Geological Survey Agency (NGSA) will share and exchange strategic geoscientific data on critical minerals with its South African counterparts.

Another notable feature of the pact is the commitment to training and knowledge sharing in mineral processing. This aspect of the deal is focused on value addition and beneficiation, with the aim of moving away from raw mineral exports and toward the development of local processing industries.

The two countries will also collaborate on elemental fingerprinting technology, specifically through the use of LA-ICP-MS (Laser Ablation Inductively Coupled Plasma Mass Spectrometry), which allows for precise mineral identification and improved traceability. This scientific technique has applications not only in exploration but also in certification and trade.

Furthermore, the exploration of agro and energy minerals in Nigeria is also on the agenda. The agreement paves the way for collaborative efforts in tapping into Nigeria’s vast reserves of these essential resources, which are critical to energy transition and food security.

Dr. Alake reiterated President Tinubu’s determination to position mining as a cornerstone of Nigeria’s broader economic diversification strategy. He acknowledged South Africa’s extensive mining experience, spanning governance, operations, and international financing, calling it a natural complement to Nigeria’s untapped mineral potential.

“This partnership will help us build a resilient mining ecosystem, enhance investor confidence, and support inclusive value chains.”

Dr. Dele Alake
Dele Alake
Dr. Dele Alake

H.E. Mantashe, in his response, underscored South Africa’s enthusiasm for expanding intra-African collaboration through industrial and technological exchange. He said his visit aimed at “translating diplomatic agreements into actionable projects,” adding that South Africa is committed to mutual growth through regional partnerships.

Both ministers pledged to implement the agreement swiftly, with regular evaluations and clearly defined milestones. They also highlighted the potential for strong public-private partnerships to drive outcomes, especially under the framework of the African Continental Free Trade Area (AfCFTA), which offers a broader platform for integrated industrial development.

READ ALSO: ORAL Must Go Beyond Politicians, Time for an Inclusive Reckoning

Tags: African mineral cooperationmining developmentmining policyNigeria–South AfricaSolid minerals agreement
Please login to join discussion
Previous Post

Meloni Set To Meet Trump Over EU tariffs

Next Post

Alabaster Box Hits Medikal with GH₵15 million Lawsuit

[mc4wp_form id="1264"]

Related Posts

Ghana Armed Forces under scrutiny amid helicopter crash
General News

Ghana Armed Forces’ Readiness Questioned Amid Helicopter Crash

August 7, 2025
Helicopter Crash Victims
General News

Vice President Mourns Tragic Loss in Helicopter Crash

August 7, 2025
Britain Faces Deepening Poverty Crisis, Brown Warns
UK

Britain Faces Deepening Poverty Crisis, Brown Warns

August 7, 2025
Seth Acheampong, Ghana, Helicopter Crash, military helicopter crash
General News

Acheampong Demands Logistics Reform After Military Crash

August 7, 2025
Agyinasare Mourns Helicopter Crash Victims
Entertainment

Agyinasare Mourns Helicopter Crash Victims

August 7, 2025
Hon. Kennedy Osei Nyarko, Member of Parliament for Akyem Swedru
General News

Akyem Swedru MP Declares Neutrality Ahead of NPP Presidential Primaries

August 7, 2025
Ghana Armed Forces under scrutiny amid helicopter crash
General News

Ghana Armed Forces’ Readiness Questioned Amid Helicopter Crash

by Lilian AhedorAugust 7, 2025
Helicopter Crash Victims
General News

Vice President Mourns Tragic Loss in Helicopter Crash

by Evans Junior OwuAugust 7, 2025
Britain Faces Deepening Poverty Crisis, Brown Warns
UK

Britain Faces Deepening Poverty Crisis, Brown Warns

by Lawrence AnkutseAugust 7, 2025
Seth Acheampong, Ghana, Helicopter Crash, military helicopter crash
General News

Acheampong Demands Logistics Reform After Military Crash

by Silas Kafui AssemAugust 7, 2025
Agyinasare Mourns Helicopter Crash Victims
Entertainment

Agyinasare Mourns Helicopter Crash Victims

by Esther Korantemaa OffeiAugust 7, 2025
Hon. Kennedy Osei Nyarko, Member of Parliament for Akyem Swedru
General News

Akyem Swedru MP Declares Neutrality Ahead of NPP Presidential Primaries

by Evans Junior OwuAugust 7, 2025
Ghana Armed Forces under scrutiny amid helicopter crash
Helicopter Crash Victims
Britain Faces Deepening Poverty Crisis, Brown Warns
Seth Acheampong, Ghana, Helicopter Crash, military helicopter crash
Agyinasare Mourns Helicopter Crash Victims
Hon. Kennedy Osei Nyarko, Member of Parliament for Akyem Swedru
[/vc_row_inner]

Recent News

  • Ghana Armed Forces’ Readiness Questioned Amid Helicopter Crash
  • Vice President Mourns Tragic Loss in Helicopter Crash
  • Britain Faces Deepening Poverty Crisis, Brown Warns
  • Acheampong Demands Logistics Reform After Military Crash
  • Agyinasare Mourns Helicopter Crash Victims
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.