Minister of Mines and Steel Development, Mohammed Sada, has laid the foundation of the Geosciences and Mining House in Abuja, estimated at N1 billion.
The ceremony coincided with the 50th anniversary of the Nigerian Mining and Geosciences Society (NMGS), owners of the project that is designed to house a geosciences laboratory, a library, a museum, office complex, conference/meeting halls and a wing for chalets for the accommodation of guests.
Represented by the Minister of Mines and Steel Development, Architect Mohammed Musa Sada, President Goodluck Ebele Jonathan congratulated the NMGS on the attainment of the golden age with a call for its members to be more proactive in their thinking and practice as the minerals and metals sector depends on the outcome of their actions.
In his keynote address, Sada lauded the decision to establish a laboratory with state-of-the-art equipment to complement existing ones like the National Geosciences Research Laboratory Centre, Kaduna, in view of the need to have many reliable local minerals and metals analysis laboratories capable of generating results that were acceptable to the international mining community.
Sada said the need to have reliable materials and metals analytical results cannot be over-emphasized in view of the large sums of monies needed to fund mining projects.
Generation of any wrong analytical information by any laboratory results in either massive loss for the investors or in making the investors to take the wrong decision of abandoning a project that would otherwise have been very viable, sada said.
He stated that the generation of correct information for operators was imperative for the growth of the mining and minerals sector.