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    Mining regulation is handled by the Ministry of Solid Minerals Development, which oversees the management of all mineral resources. Mining law is codified in the Federal Minerals and Mining Act of 1999. Historically, Nigeria's mining industry was monopolized by state-owned public corporations.

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    Cost of living in Nigeria is 55.25% lower than in United States (aggregate data for all cities, rent is not taken into account). Rent in Nigeria is 46.32% lower than in United States (average data for all cities).

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    Mining Equipment Fleet - 10,000 tonne per day (ore + waste) open pit mine. The following listings of equipment capital and operating costs are taken directly from the current Mining Cost Service Manual and Mine and Mill Equipment Cost Estimator's Guide. In addition to the items listed here, these manuals contain entries for 74 additional ...

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