NIGERIA GOLD TRADE SUPPLY & MINING AND EXPLORATION OVERVIEW

Gold Trading in Negeria – West Africa

Nigeria is one of West Africa’s most resource-rich countries, with growing interest in gold exploration and increasing artisanal mining activity across multiple regions.

While historically better known for oil and gas, Nigeria is now developing its solid minerals sector, with gold emerging as a key strategic resource.

Great Lakes Gold Origins Ltd engages with Nigeria through a structured and compliance-focused sourcing approach, working only with verified partners to ensure traceability and responsible trade practices.

Overview of Gold Mining in Nigeria

Gold mining in Nigeria is primarily driven by artisanal and small-scale mining (ASM), with limited large-scale industrial operations currently in place.

Key characteristics include:

  • Decentralized artisanal mining activity
  • Alluvial and shallow hard-rock extraction
  • Informal and semi-formal trade networks
  • Increasing government regulation and formalization efforts

Gold production is growing but remains highly fragmented across regions.

Key Gold-Producing Regions in Nigeria

Osun State

Osun is one of the most historically active gold mining areas in Nigeria, with both artisanal mining and exploration projects.

Zamfara State

Zamfara has significant gold deposits and artisanal mining activity. However, sourcing from this region requires enhanced due diligence due to regulatory and security considerations.

Niger State

Niger State hosts emerging gold mining activity, with increasing exploration and artisanal production.

Kebbi State

Kebbi is part of Nigeria’s growing gold belt, with ongoing exploration and small-scale mining operations.

Types of Gold Sourced from Nigeria

Alluvial Gold

Recovered from riverbeds and surface deposits, alluvial gold is the most common form of production.

Gold Dust

Gold dust is widely produced through artisanal mining and is typically aggregated before refining.

Artisanal Gold Output

Most Nigerian gold originates from ASM operations and requires structured verification before entering formal trade channels.

Trade Structure and Market Dynamics

Nigeria’s gold sector is characterized by:

  • Artisanal miners and local cooperatives
  • Informal trading networks
  • Emerging licensed exporters
  • Increasing government regulatory involvement

The sector is undergoing gradual formalization and regulatory strengthening.

Compliance, Due Diligence, and Traceability

Gold sourcing in Nigeria requires strict compliance due to the informal nature of much of the sector.

Great Lakes Gold Origins Ltd applies:

  • Supplier verification and identity checks
  • Mining location validation
  • Risk assessment of sourcing regions
  • Documentation and export verification

Gold is only accepted into our network when its origin and legality are fully confirmed.

Testing, Assay, and Documentation

All gold sourced from Nigeria undergoes independent testing and verification.

Standard documentation includes:

  • Assay certificates confirming purity
  • Certificate of origin
  • Export permits (where applicable)
  • Commercial invoices
  • Transport and customs documentation

These ensure compliance with international trade requirements.

Why International Buyers Source Gold from Nigeria

Nigeria offers:

  • Large artisanal gold potential
  • Untapped geological reserves
  • Strategic West Africa location
  • Growing mining sector reforms

When properly structured, Nigeria presents long-term sourcing and exploration opportunities.

Our Role as a Responsible Intermediary

Great Lakes Gold Origins Ltd operates as a professional sourcing and compliance intermediary, connecting verified Nigerian gold supply to international buyers.

Our role includes:

  • Supplier verification and due diligence
  • Structuring compliant transactions
  • Managing documentation and logistics
  • Ensuring transparency across the supply chain

We operate strictly within verified and responsible sourcing frameworks.

Responsible Sourcing Approach

Our sourcing model aligns with:

  • OECD Due Diligence Guidance
  • International compliance standards
  • Ethical sourcing principles

This ensures all gold handled through our network meets global expectations for responsible trade.

Trade Inquiries

We work with qualified international buyers, refineries, and institutional partners seeking responsibly sourced gold from Nigeria and West Africa.

For sourcing inquiries, documentation requirements, or partnership discussions, please contact Great Lakes Gold Origins Ltd directly.