SROL Hosts Exclusive Stakeholder Reception, Showcasing Leadership in Nigeria’s Mining Industry

Segilola Resources Operating Limited (SROL), a subsidiary of Thor Explorations Ltd and the operator of Nigeria’s first commercial gold project, the Segilola Gold Mine in Osun State, achieved significant milestones in November, underscoring its leadership in the Nigerian mining sector. From its far-reaching Community Medical Outreach on November 8th-9th to its influential participation in the just-concluded Nigeria Mining Week (November 18th-20th) in Abuja and a dynamic Stakeholder Reception on November 19th, SROL continues to set the standard for responsible and innovative mining.

In addition to its participation in Nigeria Mining Week, where it reaffirmed its status as an industry leader by serving as a Diamond Sponsor and delivering a thought-provoking keynote address, SROL hosted a Stakeholder Reception that convened prominent dignitaries, partners, and stakeholders. Key attendees included Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment; Engr. Obadiah Simon Nkom, Director General of the Mining Cadastre Office; a Deputy Director of the Nigerian Investment Promotion Commission (NIPC); and representatives from VUKA, PWC and other notable organizations.

The event began with welcome remarks from Thor CFO, Mr. Chris Omo-Osagie, who highlighted Thor/SROL’s remarkable achievements in 2024. He noted the company’s recognition as one of Nigeria’s Top 10 Non-Oil Exporters and celebrated its HR accolades, including the 2024 Responsible Resourcing Award for Labour at Mining Indaba and the 2024 CIPM Oscar Award for HR Best Practice in the Mining Industry.

In his keynote address, Mr. Austin Menegbo (the SROL Country Manager) emphasized the company’s dedication to environmental, social, and governance (ESG) principles and its commitment to responsible mining.

Delivering a goodwill message, Dr. Oduwole commended SROL for its resilience and significant contributions to Nigeria’s economic diversification:

“Non-oil exports are crucial for this economy. It’s a priority of Mr. President; it’s a priority of the Federal Ministry of Industry, Trade and Investment. It is what we need for the Nigerian economy. We need the productivity, the competitiveness, and we need to encourage firms.”

She also acknowledged SROL as a Presidential Enabling Business Environment Council (PEBEC) Export Champion, stating:

“I know when he [the Thor CFO, Mr. Chris Omo-Osagie] kept on repeating that it has not been easy—I know. I know, and we’re proud of you for the work that you do, for the perseverance, for the indefatigable spirit of the Nigerian entrepreneurs. Keep serving your nation and building the economy.”

The reception featured an engaging ESG panel discussion that showcased SROL’s transformative initiatives, including the Segilola Women’s Initiative Programme, the Segilola Scholarship Scheme, and the Livelihood Restoration Programmes, amongst many others. A powerful video presentation shared testimonials from beneficiaries, resonating deeply with the audience and highlighting the positive impact of these programmes.

Further underscoring its commitment to social responsibility, SROL successfully concluded its second annual community medical outreach on November 8th and 9th. This initiative provided critical healthcare services to nearly 2,000 individuals, including residents of Imogbara, Odo-Ijesha, and Iperindo, as well as inmates from the local prison system. Services ranged from consultations and advanced diagnostics to medication distribution, surgical bookings, and health awareness campaigns designed to promote long-term wellness.

SROL remains steadfast in its mission to drive sustainable development while enhancing the well-being of its host communities. The company extends its heartfelt gratitude to stakeholders, partners, and volunteers who have supported its journey and looks forward to building on these accomplishments to foster continued progress and innovation.