This year, Nigeria's FIRST-EVER commercial gold mining operation, the Segilola Gold Mine, in Osun State, began producing commercially in Osun State (poured 'first gold' in July; full commercial production achieved Sept/Oct) https://www.mining.com/thors-segilola-gold-mine-reaches-commercial-production/
Apart from being Nigeria's first "commercial-scale gold mine", it has also been deecribed as the "highest grade open pit gold operation in West Africa" and "the largest defined gold deposit in Nigeria." It's owned by Thor Explorations, listed on the Toronto Stock Exchange. What's interesting is that construction began in February 2020, just as the pandemic was rearing its head. So basically they've built right through it, and largely on schedule too. It's a really big deal, for anyone paying attention. I hope the people who keep mouthing the NONSENSE about no investment happening in Nigeria are paying attention. Mining is another sector in which the Buhari Administration has been CONSEQUENTIAL. More on that later. The company has a regularly updated blog detailing the construction process, here: https://thorexpl.com/notes-from-the-field/
The attached photos are of the first gold shipment from the mine (November 2021) It's great news for Thor, for Osun State (which has humongous deposits of gold), and for Nigeria, which stands to transform solid minerals into the new 'oil & gas' - with all the jobs and taxes and training and technological transfer that will potentially ensue.
— Tolu Ogunlesi
