Solid minerals: Bauchi woos investors

Managing Director, Bauchi Mining Synergy and Exploration Ltd., Malam Isa Mohammed has said Bauchi state government has embarked on aggressive enlightenment of investors, including youths on the huge potential in the solid minerals deposit in the state, an official has said.
Mohammed said in Bauchi that the state is endowed with a variety of solid minerals in commercial quantity, second only to Kaduna state.
“Nature has endowed Bauchi state with an abundance of untapped solid minerals resources which can be broadly categorised into three — metallic ores, non-metallic and gem stones,” he said.

Among the minerals he listed are kaolin, tin, gemstones, granite, talc, quartz, iron ore, gypsum, zircon, calcite, tantalite, chalcopyrite, mica, copper ore, limestone, tourmaline, beryl and garnet.
Others are aquamarine pyrite, rutile, talc, cassiterite, migmatite, columbite, orthoclase, muscovite, aquamarine, topaz, marble, silver, fluorite, zircon, graphite, dolomite, wolfromite, bismuth and others.

“Our experts are already moving to all nuke and crannies of the state, from one local government to the other, collecting the needed data on the state’s solid mineral deposit,” he added.
Mohammed explained that the government had entered into partnerships with USAID, South African government, the U.K. and Canada among others to assist in establishing the reserve estimates.

“The time to invest in the solid minerals sector is now because Nigeria must go beyond oil and be ranked number one solid minerals producing country in Africa as it has the potential to achieve it.
“Solid mineral development is one of the vital visions of Gov. Isa Yuguda which he believes that when properly harnessed and tapped could sustain the state in terms of revenue generation.

“It is to achieve this goal that the governor established BMESL that will be run under public private partnership arrangement.The idea of the company is to maximally exploit the revenue potential of the mineral deposits in the state,” he told said.
“The mining company will create a central market where extractors and buyers could meet with a view to sustaining the synergy between the miners and the buyers for the mining business to flourish.
“Currently, we have more than 10 cooperative societies that have registered with us and others are still coming.”
He called on investors to invest in the solid minerals sector, assuring them of high return on investment and that the state had an industrial policy with attractive incentives.