Home > Business > High Grade Nickel Discovered in Kaduna

High Grade Nickel Discovered in Kaduna

A private mining group headed by Mr. Hugh Morgan, has made a potentially “high grade” Nickel discovery in Nigeria, The Australian reports. The discovery of Titan is rumoured to be close to Dangoma, a small farming town in the outskirts of Kaduna State.
According to the newspaper, the discovery is unusual because the nickel is found in small balls up to 3mm in diameter of high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field.
Nickel is a silvery-white lustrous metal with a slight golden tinge. It belongs to the transition metals and is hard and ductile.
The metal is valuable chiefly as an alloy, as about 60 per cent of world production is used in nickel-steels (particularly stainless steel). Other common alloys and some new superalloys comprise most of the remainder of world nickel use, with chemical uses for nickel compounds consuming less than three per cent of production.
Nickel has been widely used in coins, though its rising price has led to some replacement with cheaper metals in recent years.
Some of world’s largest producers of the metal include Australia, Botswana, Brazil, Indonesia, Canada and China.
The nickel balls discovered in Nigeria, which are 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 cash flow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing.
Details on the find are sketchy.
Nickel is no stranger to the Liberal Party bulwark and former Reserve Bank board member. Between 1990 and 2003 he was chief executive of Western Mining Corporation (taken over by BHP Billiton in 2005) when it was Australia’s biggest nickel producer.
A statement by the Permanent Secretary of the Ministry of Solid Minerals Development Mr. Mohammed Abbas said the ministry was aware of the occurrence of the mineral in the area in Kaduna State, and appealed to the public to give the ministry more time to arrive at reports on the new discovery.
He said: “Since the first discovery many months ago, technical experts from the ministry have been following up on this development as provided by law.
“We appeal to the general public to allow the ministry to come up with detailed reports on the new find.”