A Chinese mining giant, Jin Bao Rong Group of Companies, said it is commencing exploration and mining operations soon in the Nigerian mining sector based on the improved business environment.
Chief Executive Officer, Jin Bao Rong Group of Companies, Zhang Fenglan, who visited the Minister of State for Mines and Steel Development, Abubakar Bwari, last week stated that her company’s attention was drawn by the improved business environment based on the ease of doing business policies in the sector.
She said; “We bought over the West African Polaris Investment Ltd (WAPI), which owns some mineral titles in Nigeria and has the intention of commencing mining operations in the country.” However, expressing her company’s concern and challenges so far encountered since they ventured into the project, she appealed to the ministry for its intervention to facilitate renewing some of the company’s mineral titles in order to start full scale mining activities.
Source: Vanguard