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THE FUTURE OF THE MINING INDUSTRY IN NIGERIA : these include the following;

1. THE INTRODUCTION OR INVENTION OF ARTIFICIAL INTELLIGENCE WILL BE A COMMON PLACE IN MINING OPERATION: These means that as miners use it to interpret data from smart sensors and machine interconnection, and to improve operational safety and efficiency through Unmanned AI-enabled technologies, this will transform mining into one of the safest occupations of its kind.

2. THE MINING WORK FORCE OF THE FUTURE WILL BE ONE THAT SEAMLESSLY EMBRACE THE DIGITAL TRANSFORMATION AGENDA: Mining companies must embrace innovation and partners with a trusted technology provider if they want to attract and retain the next generation of digital literacy talents and protect their licences to operate.

3. THE SEQUENCE OF STAGE IN THE MINING INDUSTRY OPERATION METHODS WILL BE RENEWED/RENOVATED: These means that the sequence of activities/stages ( i.e the exploration, discovery, development,  production and reclamation methods) will be changed and improved ( i.e the machines and other aids used for these operations)to aid ease and efficiency in all stages of the mining cycle and to provide direct economic stimulus.

4. CRITICAL CONSIDERATION AND ACTIONS FOR A DIVERSIFIED AND SUSTAINABLE ECONOMIC FUTURE: The low crude oil prices in 2019 added momentum to Nigeria's need for economic diversification as its foreign earnings comes primarily from crude oil sales; in other to reduce poverty and assist the country sustain growth and development, this requires drawing up an articulate delivery mechanism through a framework strategic implementation plan to attain a strategic diversification of other minerals away from hydrocarbon.

5. NIGERIA REQUIRES A WELL ARTICULATED DELIVERY MECHANISM: This strategy must be drawn up and initiated through a corridor programme setting out the strategic plans and governance mechanisms.

6. DEVELOPING A RESOURCE CORRIDOR: Resources corridors (RCs) are fast becoming a means through which countries promote economic activities and development by opening up either Transport, Agricultural, Industrial, Trade, Freight, Mining or other development corridors.

FORMATION OF SHORT-TERM, MEDIUM AND LONG-TERM TARGETS AND THE PRIORITISATION OF CERTAIN SEGMENTS AND MINERALS.
The first phase of the overall strategy is to replace imported construction materials such as cement, asphalt and bitumen with those from local quarries. The second phase aims to develop metal ore exploration, production and processing capacity,  while the final phase is to reintroduce Nigeria to global mining export markets at a competitive price point.

Among they key steps to be taken are establishing the new super agency, expanding access to Nigeria's geoscience data and increasing financial participation in the industry. Over the next five years policy goals include filling gaps between federal and state Mining Legislation, introducing an incentive programme to attract foreign juniors and major mining companies and developing the human capital required to staff and regulate the industry. Long-term goals is to be tackled in Five to Ten years including driving the export of value added minerals through refining processes, establishing a local metals exchange and expanding the infrastructure for mining projects.

Short-term goals is to boost industrial mineral production to allow them to be processed and sold as feedstock to domestic industries, Reducing the current dependence on imports.

MINING SECTOR WILL GALVANISE NIGERIA'S INDUSTRIALISATION.
The Minister of Mines and Steel Development (MMSD) ,ARC Olamilakan Adegbite _____stated that " There is no doubt that mining industry is going to become more Important to the future of the world which is moving towards digitalisation and automation " on his keynote address at the Nigerian Economic Summit Group webinar with the theme, ' NEW NORMAL OPPORTUNITIES FOR THE NIGERIAN MINING INDUSTRIES. This is done by preparing for the opportunities through Mining sector Reforms; and integration of states in Nigeria's Mining sector development. Minerals constitute a large portion of the input used in the production of mobile phones, laptops, ICT gadgets, batteries, solar panels etc. Therefore,  the huge infrastructure deficits can be addressed by sourcing and utilising  the domestic raw materials inputs from the Mining industry. Local industries will also stop importing many inputs that are readily available from our Mining industry. Regardless of the looming global and national economic crisis, Nigeria cannot afford to overlook the opportunities in the global and domestic Mining industry.

" The vision is to build a globally competitive Minerals and Mining ecosystem and elated processing industries capable of contributing to the wealth creation, providing jobs and advancing social and human security ".

Strengthening critical sector institutions and governance:
The objective is to  build the organisational and functional capabilities of the mining  and agencies through the following ongoing initiatives :


 * 1) Improvement of the mining cadastral office (MCO) and
 * 2) Field operations.

IMPROVEMENT OF REGULATORY MANAGEMENT AND ENFORCEMENT:
Through the ongoing establishment of a remote sensing center at the ministry headquarters to identify and monitor artisanal, small and large scale mining activities; therefore, the objectives is to improve overall mining sector management across the country, particularly the control and management of informal miners. Also, investing in tools for improving field inspection and monitoring.

IMPROVING THE ENVIRONMENTAL IMPACT:
Building capacity to manage environmental and social impacts from mining and also investing in improving environmental surveillance and green mining practices to ensure minimum damage to the environment.

OPTIMISATION OF MINERAL VALUE CHAIN:
The future objectives is to minimise the export of raw materials, creating value along several mineral value chains that would increase industrial and manufacturing activities, create employment and Foster skills development.

In the longer term, the upgrade, completion and operation of the Ajaokuta steel plant operations would enhance jobs and revenue generation.

EIGHT 8 BOLD INDUSTRY PREDICTIONS ON THE FUTURE OF MINING.

The Mining landscape is changing. The industry's deeply ingrained conventional views of the mining sector that served companies so well in the past are no longer likely to succeed in the future. Technological advances in the area of artificial intelligence, automation and block chain are beginning to permeate the age-old profession. Mining Technology asks industry experts to give their insights into how such development will shape the future of mining. They are :


 * 1) Optimising efficiency with the industrial internet of things.
 * 2) Smart mines and artificial intelligence
 * 3) Blockchain and the mining sector
 * 4) A new era of metals
 * 5) Drone technology can increase mine safety
 * 6) overcoming the skills gap
 * 7) Preserving authenticity in the gold supply chain
 * 8) Technology Underground..

THE FUTURE OF MINING LOOKS BRIGHT

There's no doubt the mining industry faces some significant challenges. The increasing demand for minerals and metals coupled with the pressure to increase output cost-effectively puts many Mining operations in a tough spot.

Fortunately, digital transformation and new technologies offers Mining companies golden opportunities to become more efficient, boost production and cut cost while making the work environment safer. And, although the push for sustainability and environmentalism may have headwinds, Mining operations are becoming increasingly "green " and also benefiting from the push for materials to build electric cars and renewable fuel sources of energy. Finally, future opportunities for mining in the deep sea, space and abandoned Mines means the industry has more frontier to conquer.