The Nigerian mining sector is one of the emerging markets in the western region of the Sub-Sahara. Our mining team's experience dates back to 1996 when we advised on the development of a gold mine in Iperindo-Ijesha, Osun State situated in the south western region of Nigeria. The project, which was the first of many, has evolved into a flagship project with an indicative reserve of approximately 4million metric tonnes of high-grade gold.
We currently represent a company listed on the Australian Stock Exchange (ASX:KFE) with significant interest in an iron ore concession in Nigeria. Located in Kogi State of Nigeria, our client is a holder of seventeen exploration licenses and the operator of the Agbaja Cast Steel project which has an indicative mineral reserve of approximately 466million tonnes. With the help of our team our client has successfully concluded the exploratory stages of the Agbaja project and is set to commence the development stage.
Our team consists of experts who are able to navigate the evolving regulatory and legal framework that govern the Nigerian mining industry, bringing to bear our expertise in power, finance, tax and policy advocacy. Members of our firm were part of a committee of legal experts established by the Federal Government of Nigeria to review the National Policy on Solid Minerals Development.
In addition to providing advisory support to our clients in this sector, as thought leaders in the sector we contribute to resources such as the Mining in Africa Legal Database, an online product, designed to help investors, financiers and developers evaluate African mining projects.