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Copper

Strategic Resource

Metalcopper1 deposit(s)

Nigeria has significant copper deposits across multiple states. ~10 million tonnes of copper ore identified. Nigeria exported £26.6M raw copper in 2022 (ranked 23rd globally). Critical mineral for energy transition, electronics, and construction. Mining largely artisanal with potential for industrial development.

Nigerian Copper Deposits

Nasarawa, Plateau, Zamfara, Bauchi, Gombe, Kano, Abia

producingExport Ready
Grade: 1.5 %Cu - Grade varies significantly by deposit. Some high-grade occurrences in pegmatites.
Security:3/5Regulatory:2/5Environmental:3/5
Indicated10.00M tonne(in-place)

📊Data Quality

Quality Tier:indicated
Confidence:55%
As of:2023-12-31
No data quality warnings

Sources

  • Nigeria Mineral Resources Assessment
    Nigerian Geological Survey Agency, 2023
  • Copper Export Statistics
    Nigerian Export Promotion Council, 2022
Base Case

Basis: in-place (applied)

= 20.0%

Gross Value

$1.27Bmodeled

State Value

$255.00Mmodeled
Notes: ~10 million tonnes copper ore identified across multiple states. Contains variable copper content (typically 0.5-3% Cu). NGSA surveys ongoing.
Inferred25.00M tonne(in-place)

📊Data Quality

Quality Tier:inferred
Confidence:30%
As of:2023-12-31

Warnings

⚠️Inferred estimate with low geological certainty. Confidence capped at 60%.
⚠️Low effective confidence: 30%

Sources

  • Solid Minerals Development Potential
    Ministry of Solid Minerals Development, 2023
Base Case

Basis: in-place (applied)

= 20.0%

Gross Value

$3.19Bmodeled

State Value

$637.50Mmodeled
Notes: Additional inferred resources in unexplored areas. Full geological survey not complete.