Business & Finance

Minning Of Solid Minerals: Diamond, Gold, Bitumen To Commence In Adamawa By December

minning in Adamawa

The state Commissioner of Solid Mineral Resources, Ms Shanti Shashi, made this known Saturday in Yola at the 4th Adamawa Community Dialogue organized by an NGO, the Adamawa Community Advancement Initiative (ACAI).

The mining of solid minerals including Diamond, Gold, Bitumen and Barite in Adamawa by a Swiss firm is to commence in December.

Shashi said the Swiss firm, BTP Swiss Sovereign Asset, and the Adamawa Mining Company would be involved in the mining of seven minerals comprising diamond, gold, zinc, bitumen, barite, uranium and platinum in the state under a three-year agreement.

 Shashi said that the state government, which was committed to taping its solid mineral resources, had already acquired 12 mineral exploration licenses from the Federal Government.

While noting the numerous potentials of Adamawa in area of solid mineral resources, Shashi said the state was far ahead of other states in its level of preparation to exploit the resources.

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“Adamawa is the most organized state as far as solid minerals is concern. We have gone far in talks with Dangote Group on Guyuk Cement factory,” Shashi said.i

She lauded ACAI for organizing stakeholders dialogue with the theme “Adamawa Without Oil Money: Meeting The Challenges of Sustainable Development Through Agriculture and Solid Minerals Resources Development” , which she described as timely and assured the state government commitment to key in.


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