Japaul Gold Ventures Launches Pilot Plant in Niger State

Japaul Gold Ventures PLC announced the commencement of test runs for its pilot gold processing plant located in Niger State, as disclosed in a notice signed by the company secretary, Chidimma Okolo, and addressed to the Nigerian Exchange Limited on February 17, 2026. The plant is designed to process between 18,000 and 21,000 grams of gold per month and utilizes advanced technology to extract gold from hard rock and alluvial deposits.

Japaul Gold holds a portfolio of four gold mine leases across Taraba, Niger, and Osun states. The company aims to position Nigeria as a leading mining hub in Africa, with plans for industrial-scale processing facilities scheduled for delivery in the fourth quarter of 2026.

The operations are led by Canadian Managing Director David Dawson, who has 30 years of experience in large-scale operations. The corporate governance structure is strengthened under Chairman Segun Oloketuyi and Group Managing Director Henri Alakhum.

The World Gold Council anticipates that gold prices will maintain an upward trajectory in 2026.