Developing a mineral resource is a sequence of stages, each built on the one before. This is how AMEA approaches it.

The seven stages

  • Survey and mapping. Geological surveys identify high-potential ground.
  • Exploration. Trenching, sampling and drilling confirm mineral occurrences.
  • Estimation and feasibility. Consultant geologists quantify resources and test viability.
  • Licence conversion. Exploration Licences are converted into Mining Leases.
  • Extraction. Efficient, responsible extraction under strict safety standards.
  • Value addition (planned). Refining and processing in Nigeria.
  • Market (planned). Supply to industries at home and abroad.
The last two stages are part of AMEA’s growth strategy.

Technical governance

AMEA’s Board appoints qualified consultant geologists to lead geological mapping, exploration, resource estimation, mine development, due diligence and feasibility work, and to liaise with regulators on compliance with Nigerian mining law.