Segilola Resources Promotes Gold Mining Investment at NMW 2026

Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd and operator of Nigeria’s first commercial gold mine, participated as a Diamond Sponsor at Nigeria Mining Week 2026, held from 12-14 October in Abuja. The event, hosted by the Ministry of Solid Minerals Development and organized by the Miners Association of Nigeria in partnership with PwC Nigeria, focused on the theme ‘Unlocking Investment and Growth through Partnerships’.

Austin Menegbo, SROL’s Country Manager, delivered a keynote address emphasizing the successful operation of the Segilola Gold Mine as evidence that commercial gold mining can thrive in Nigeria. He stressed the importance of patient capital, technical discipline, effective regulation, and community partnerships.

Menegbo stated that Nigeria's potential in gold mining can create jobs and transform communities if institutions and industry collaborate effectively. SROL also conducted a masterclass on water management and shared lessons from its operations to foster a commercially viable mining industry in Nigeria.