Mining firm reportedly discovers ‘world class’ nickel in Nigeria

By Sylvester Ugwuanyi

A potentially “world class and highly unusual” mineral resources, Nickel, with potential for early cashflow has been discovered by a private mining syndicate headed by Hugh Morgan, in an area close to Abuja, reports The Australian, an Australian national newspaper.
According to the report, “The discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field.
“The nickel balls, rumoured to grade better than 90 per cent nickel and thought to be a world first given their widespread distribution, offer the potential for early cashflow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing.”

While details of the discovery are sketchy, the newspaper reports that it, “is rumoured to be close to Dangoma, a small farming town about 160km northeast of the Nigerian capital of Abuja.”

When asked to comment last week, Morgan, a mining industry veteran, reportedly said it was for the Nigerian government to make an announcement.