By Fatima Saka
Abuja, Nigeria — An indigenous technology firm, OilDynamix Ltd, has unveiled a groundbreaking mineral exploration solution capable of delivering highly accurate results within months, a development expected to significantly reduce the cost and risks associated with mining across Africa.
The Founder and Chief Executive Officer of the company, Dr. Vincent Amu, disclosed this on the sidelines of the African Natural Resources and Energy Investment Summit (AFNIS) 2026 in Abuja, describing the innovation as a game-changer for Nigeria’s mining sector.
According to him, the company’s proprietary technology achieves between 85 to 95 per cent accuracy and guarantees reliable outcomes, eliminating the uncertainty that has long discouraged investment in the sector.
“We have a technology that can unlock the vast mineral potential in Nigeria and across Africa within a few months, not years. What we say is what you get. If you don’t get it, you don’t pay,” he said.
Amu noted that the solution is not only faster but also significantly more affordable, with exploration costs reduced by nearly half compared to conventional methods, making it accessible to more investors and encouraging wider participation in mining.
He explained that unlike traditional exploration techniques that rely on bulky equipment, seismic waves, or electrical signals, the new system uses satellite data and artificial intelligence to detect heat signatures emitted by minerals beneath the earth’s surface.
“Our technology leverages satellites such as LANDSAT and MODIS, combined with a patented algorithm, to analyse mineral deposits remotely and deliver results within days,” he said.
The CEO added that the innovation enhances safety by eliminating the need for large field operations, thereby reducing exposure to security risks such as kidnapping and conflicts in remote mining areas.
Speaking on his experience during a field visit to lithium sites, Amu observed that many operators still rely on outdated and unreliable exploration methods, which are time-consuming and costly.
“If it takes others years to map an area, we can do it in one day and produce results within three months. Time is money, and accuracy is everything in mining,” he stressed.
Amu called on the Federal Government to support indigenous miners through targeted incentives, including duty-free importation of mining equipment, tax holidays, and reduced bureaucratic bottlenecks in licensing processes.
He cited countries like the Democratic Republic of Congo as examples where supportive policies have helped boost mining activities.
“If government can reduce import duties and offer tax relief for two to three years, more Nigerians will invest in mining. We must also embrace modern technologies that make exploration cheaper, faster, and more reliable,” he said.
He further revealed that the company’s technology is already being deployed in several Nigerian states, including Cross River, Nasarawa, Kaduna, Katsina, Benue, and Kogi, with visible results as mining activities begin to scale up.
Amu emphasised that accurate data remains critical to profitability in mining, urging investors to prioritise reliable exploration methods to avoid losses.
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“A lot of people lose money because they rely on inaccurate information. With precise data, your recovery rate and yield will improve significantly,” he added.
The AFNIS 2026 summit continues to serve as a platform for stakeholders to explore innovative solutions and strategies for unlocking Africa’s vast natural resource potential.
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