Nasarawa signs agreement with private investors to establish mining company

Nasarawa state, Aerthmetal, a mining company, and Boxmoor, an international corporation, have signed a tripartite agreement to establish Uke Gold Company.

The official signing ceremony, held in Lafia, was attended by senior government officials, and corporate leaders including executives from Aerthmetal and Boxmoor, as well as representatives from the host community.

According to a statement by Mariam Yahaya-Shiru, chief executive officer (CEO) of Aerthmetal, on May 15, the partnership aims to explore, develop, and produce gold mineral resources in the Uke community, with potential for significant economic benefits and sustainable development.

Yahaya-Shiru said the deal is expected to boost the local economy and Nigeria’s position in the global mining sector.

She said the partnership represents the commitment of all parties to harnessing Nasarawa state’s rich mineral resources responsibly and efficiently.

“The Uke Gold Company project is expected to bring numerous benefits to the region, including job creation, infrastructure development, and enhanced local business opportunities,” Yahaya-Shiru said.

“The initiative also prioritizes environmental sustainability and community involvement, ensuring that the growth is inclusive and responsible.”

Yahaya-Shiru expressed deep gratitude to the Uke community for their reception and steadfast support.

“This partnership is a testament to the strength and potential of collaboration. Together with Boxmoor and the Nasarawa State Government, we are committed to establishing Uke Gold Company as a model of excellence in the mining sector,” she said.

“The establishment of Uke Gold Company is not just about mining; it is about positioning Nigeria as a formidable leader in the global mining industry. We aim to set new standards in sustainability, innovation, and community engagement, showcasing Nigeria’s capabilities on the world stage.”

Also speaking during the ceremony, Ibrahim Abdullahi, managing director, Nasarawa Investment & Development Agency (NASIDA), said the initiative is in line with the state’s strategy to participate in the mining sector, generate revenue, and create jobs.