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Dec 13, 2018· The refinery, which will prioritise sustainability, will start with a production capacity of 3 tonnes per month of % gold and production of 1 tonne of % silver per month. "We saw the establishment of a gold refinery and the role of the Central Bank of Nigeria as a key stakeholder in the gold market and as pivotal catalysts to creating a gold economy for West Africa with Nigeria as the .

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Dec 19, 2018· Nigeria has largely untapped deposits of 44 minerals, which include gold, iron ore, coal, tin and zinc, in more than 500 locations spread across Africa's most populous nation. But most of the mining is artisanal and the absence of gold refineries means value typically has not been added in .

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Jan 05, 2019· In all, the company has signed Memoranda of Understanding with about 200 suppliers. Although Nigeria is believed to have gold reserves of up to 200 million oz, there are no records to show exactly how much gold is mined in the country. "But from my research, there are about 2 tonnes of gold physically in circulation each month," says Nere.