Nigeria said its efforts to cut dependence on oil earnings reached a milestone as the country’s first industrial gold project entered production.
Thor Explorations Ltd. poured first gold from its Segilola mine in southwestern Nigeria on Friday, according to a statement. The plant, which will now ramp up over the next six weeks, is targeting output of 85,000 ounces a year, the company said.
Thor Explorations hits Nigeria’s first commercial gold output