Senate Approves Agency For Solid Mineral Resources . The Senate on Tuesday approved the establishment of an agency for the development of solid mineral resources in the country. The approval followed a robust debate on a bill sponsored by Senator Tanko Al-Makura, which seeks to encourage investment and foreign exchange earnings for the country.
Mineral resources are the key material basis for socio-economic development. Statistical results show that more than 95% of energy used by mankind, 80% industrial materials and 70% materials for agricultural production are from mineral resources. A mineral is a pure inorganic substance that occurs naturally in the earth’s crust. More .
A precondition for successful global mineral resources governance is the establishment of an International Competence Center on Mineral Resources Management.
Mineral Resources: Definition, Types, Use and Exploitation! Definition: Minerals provide the material used to make most of the things of industrial- based society; roads, cars, computers, fertilizers, etc. Demand for minerals is increasing world wide as the population increases and the consumption demands of individual people increase.
Mineral resources A 'Mineral Resource' is a concentration or occurrence of material of intrinsic economic interest in or on the earth's crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction.
The Senate on Tuesday approved the establishment of an agency for the development of solid mineral resources in the country. The approval followed a robust debate on a bill sponsored by Senator .