According to reports reaching oyogist.com, the Federal Government has agreed on a deal with leading Luxembourg Incorporated Private Gold Development and Mining Company in Cairo, Egypt.
The concord signed between the two companies would ensure the Ministry of Mines and Steel Development and the company Messrs La Mancha would invest in gold mining in Nigeria.
Director of Press for the Ministry Etore Thomas, while revealing the latest update said in a statement, that Nigeria is among one of the largest economy in Africa with mostly untapped solid mineral resources .
“Ourr ultimate goal is to attract investors with the technical and financial competence to invest in our solid minerals sector, from detailed exploration to mining, development, processing and refining to producing standard ores in Nigeria,” he said.
