In Libeli, Niger State, Japaul Gold & Ventures Plc has started test runs at its pilot plant.
This plant marks the company’s first step into active gold mining and processing at Libeli.
Moreover, the company announced the development on February 17, 2026 through the Nigerian Exchange Limited.
Pilot Plant Comes Alive
The pilot plant can process between 18,000 and 21,000 grams of gold monthly, ensuring consistent output.
Importantly, it uses advanced technology to extract gold efficiently from both hard-rock and alluvial deposits.
Strategic Expansion Plans
Japaul Gold emphasised that the test runs follow over four years of exploration, licences, and approvals.
Furthermore, the company holds four mining leases across Taraba, Niger, and Osun States.
The company expects to begin commercial production at the Libeli site in May 2026.
Meanwhile, Japaul Gold plans to open an industry-scale facility in the fourth quarter of 2026 to expand production.
This new plant will handle 210,000 grams of gold monthly, significantly boosting national output.
Read Also: Dangote Group Inks $400M XCMG Refinery Expansion Deal
Leadership And Market Outlook
Canadian Managing Director David Dawson leads operations, supported by skilled technical and expatriate specialists.
Additionally, Acting Group MD Henry Alakhume, Chairman Segun Oloketuyi, and CFO Adegboyega Adebukunola actively oversee corporate governance.
Nigeria is actively shifting its focus toward minerals processing rather than exporting raw materials abroad.
For instance, the government recently launched a high-purity gold refinery in Lagos and a lithium plant in Nasarawa State.
Finally, analysts expect gold prices to rise 15–30% in 2026, following strong performance in 2025.
With the Libeli pilot plant now operational, Japaul Gold is entering a new era for Nigeria’s mining sector and local communities.
