Japaul Gold and Ventures

What Japaul Gold and Ventures does

Japaul Gold & Ventures Plc is a Nigerian publicly-listed (NGX: JAPAULGOLD) diversified natural resources conglomerate headquartered in Ikeja, Lagos. Founded in 1997 as Japaul Oil & Maritime Services Plc, the company has progressively repositioned around gold mining while continuing to operate legacy dredging and offshore vessel chartering businesses. Inferred gold reserves stand at approximately 636,856 ounces (20,576 kg), worth roughly $1.8 billion, based on only 15% of completed exploration across licensed acreage. Mining leases span over 100 square kilometers and exploration licenses cover more than 300 square kilometers across Osun, Niger, Benue, Taraba, and Adamawa states, with multi-commodity exposure to gold, lead, zinc, lithium, and copper. The company has publicly targeted 30 million ounces in production and proven reserves by 2028-2030.

The group operates through six wholly-owned subsidiaries: Japaul Mines & Products Limited (mining and 600 tons/hour aggregate production capacity), Japaul Dredging Services Limited (swamp reclamation, sand stockpiling, and artificial island creation), Japaul Shipping and Offshore Services Limited (OSV/PSV/AHTS/oil tanker chartering), Japaul Digital Solution Limited (technology services), H & H Mines Limited (32 sq km of gold/zinc/lead/lithium leases), and Covenant Gold & Jewelry Ltd (65+ sq km of gold/copper/lithium/zinc licenses). Exploration is executed to international standards by Canadian partner Matrix Geo Technologies Limited under JORC and NI 43-101 reporting frameworks. The group holds QMS ISO 9001:2015 certification and has received HSE commendations from Shell Petroleum Development Company.

Revenue is generated through three primary streams: (1) direct-to-consumer and diaspora gold investment products via Spot Purchase (priced 5-7% above market), Future Gold contracts (holding-period bonuses of 8-30%, 1 gram minimum), and Gold Streaming production-share agreements (20-30% discount, $20,000 to $10 million+ minimums); (2) project-based dredging and marine infrastructure services to oil and gas majors (SPDC, Seplat, Eni, NPDC, Daewoo) and real estate developers (notably the 150-hectare Lekki Heights artificial island); and (3) vessel chartering to offshore oil, gas, and shipping operators. The customer base spans Nigerian domestic investors, the global Nigerian diaspora (targeted via investment tiers from $500 to $250,000+), and enterprise clients in oil and gas and real estate development.

Name

Japaul Gold and Ventures

Legal name

Japaul Gold & Ventures Plc

Website

https://japaulgroup.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

Japaul Gold & Ventures Plc is a Nigerian-listed natural resources conglomerate operating multi-commodity mining leases (gold, lead, zinc, lithium, copper) with inferred gold reserves of ~636,856 oz, alongside dredging services and offshore vessel chartering for oil and gas majors and diaspora gold investors.

Ownership category

akta.pro rank

Product category

Mineral Mining and Natural Resources

NAICS

Gold Ore and Silver Ore Mining (212220), Metal Ore Mining (2122), Copper, Nickel, Lead, and Zinc Mining (21223)

SIC

Gold And Silver Ores (1040), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Critical Minerals Trading, Offtake & Marketing (IMAKAFAJ)

Keywords

• Gold mining
• Mineral exploration
• Dredging services
• Offshore vessel chartering
• Gold investment products

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Gold Mining and Sales: Revenue from mining operations including extraction and sale of gold and other minerals (lead, zinc, lithium, copper). Gold reserves estimated at 20,576kg (636,856 ounces inferred) worth approximately $1.8 billion.
2. Spot Gold Purchase: Immediate gold sales priced 5% to 7% above market price to cover handling and royalty costs. Available in 23-carat or 24-carat purity with delivery support.
3. Future Gold Contracts: Prepaid gold purchases with bonus incentives based on holding period before physical collection: 6 months - 8%, 1 year - 15%, 18 months - 20%, 2 years - 30%. Minimum purchase of 1 gram.
4. Gold Streaming: Production contracts for future gold output at 20-30% discount. Contracts typically structured for percentage of monthly production (e.g., 20% of 50kg per month). Minimum qualification $20,000 to $10 million+.
5. Dredging Services: World-class dredging services including swamp reclamation, sand stock piling, artificial island creation, channelization, and shore protection for marine infrastructure projects.
6. Vessel Chartering Services: Chartering of offshore support vessels (OSVs), platform support vessels (PSVs), anchor handling tug supply vessels (AHTS), and oil tankers to oil and gas and shipping industries.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Japaul Gold & Ventures is a diversified Nigerian natural resources conglomerate that mines and processes gold, lead, zinc, lithium and copper, and offers structured gold investment products. It also provides dredging, marine infrastructure, and offshore vessel chartering services to the oil and gas sector.

Product overview

Japaul Group operates as a diversified conglomerate with four main business segments: dredging services, mining operations, shipping and offshore services, and digital solutions. The company's flagship mining subsidiary Japaul Mines and Products Limited operates alongside H & H Mines Limited and Covenant Gold & Jewelry Ltd, collectively holding mining leases for Gold, Lead, Zinc, Lithium, and Copper across multiple Nigerian states. The group also offers gold investment products including Future Gold, Spot Purchase, and Gold Streaming options for investors. Japaul Dredging Services Limited provides marine infrastructure services while Japaul Shipping and Offshore Services Limited serves the oil and gas industry with vessel chartering.

Differentiator

Problem solved

Functional benefit

Products and services

• Japaul Dredging Services Limited Leading Nigerian dredging subsidiary offering complete dredging solutions including swamp reclamation, sand stock piling, artificial island creation, channelization, and shore protection for marine infrastructure and oil and gas clients.
• Japaul Mines and Products Limited Gold mining and quarry subsidiary with over two decades of quarry operations and capacity for 600 tons per hour of aggregate production.
• H & H Mines Limited Mining subsidiary holding mining licenses including a 25+ year mining lease covering 32 square kilometers for gold, zinc, lead, and lithium across Benue, Taraba, Adamawa, and Niger States.
• Covenant Gold & Jewelry Ltd Mining subsidiary holding licenses for gold, copper, lithium, and zinc covering more than 65 square kilometers, with exploration handled by Matrix Geo Technologies Limited following JORC and NI 43-101 standards.
• Japaul Shipping and Offshore Services Limited Vessel chartering and offshore support subsidiary offering a fleet of Offshore Support Vessels (OSVs), Platform Support Vessels (PSVs), Anchor Handling Tug Supply Vessels (AHTS), and oil tankers to the offshore oil and gas and shipping industries.
• Japaul Digital Solution Limited Digital solutions subsidiary offering technology services and solutions.
• Future Gold Gold investment product where buyers pay upfront for a chosen quantity and receive a bonus based on the collection timeframe (6 months - 8%, 1 year - 15%, 18 months - 20%, 2 years - 30%). Minimum purchase is 1 gram.
• Spot Purchase Immediate gold purchase option for ready-available 23-carat or 24-carat gold, priced 5% to 7% above market price to cover handling and royalty costs, with delivery support.
• Gold Streaming Gold production contract where investors pay upfront for a share of future gold output at 20% to 30% discount, with minimum qualification of $20,000 to $10 million and above.
• Lekki Heights Project Artificial island creation project on the Lekki Axis near Banana Island, Lagos, involving reclamation of 150 hectares of land.

Quantifiable outcome

• $1.8 billion worth of gold reserves identified in one mine
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Matrix Geo Technologies LimitedcoreTechnology or IntegrationCanadian-based exploration company based in Toronto handles all exploration work for Covenant Gold & Jewelry Ltd properties. Operations conducted in line with JORC and NI 43-101 international standards. The partnership brings international exploration expertise to Nigerian mining operations.
• H & H Mines LimitedcoreStrategic or Co-development PartnerSubsidiary company holding various mining licenses including over 25 years Mining Lease covering 32 square kilometers for Gold, Zinc, Lead, and Lithium. Licenses held in Benue State, Taraba State, Adamawa State, and Niger State.
• Covenant Gold & Jewelry LtdcoreStrategic or Co-development PartnerSubsidiary holding licenses for Gold, Copper, Lithium, and Zinc covering more than 65 square kilometers. Exploration at different stages with work handled by Matrix Geo Technologies Limited.

Scale indicators11 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Endeavour Mining: Senior West African gold producer operating multiple mines across the Birimian greenstone belt with diversified multi-asset production and substantial reserves — comparable scale and regional focus to Japaul's longer-term gold production ambition.
• Perseus Mining: West African gold producer with producing mines in Ghana and Côte d'Ivoire and a development project in Mali — comparable multi-asset West African gold model and benchmark for capital intensity in regional gold mining.
• B2Gold: Mid-tier global gold producer with significant West African operations including the Fekola mine in Mali — comparable diversified gold production footprint and execution benchmark for African-focused gold miners.

Direct peers

• Thor Explorations: Nigerian-focused gold miner with the producing Segilola mine in Osun State — the same region as Japaul's Iperindo/Asa Village assets. Closest geographic and operational peer for Japaul's gold strategy.

Emerging players

• Jangada Mines: UK-listed junior with West African polymetallic (gold, copper, PGM) exploration and mining projects — comparable early-stage multi-commodity profile to Japaul and useful benchmark for AIM-listed African miners.
• Kodal Minerals: West Africa-focused developer with flagship Bougouni lithium project in Mali — comparable critical minerals (lithium, gold) exploration profile aligned with Japaul's battery-metals optionality.
• Hummingbird Resources: West African gold miner producing from the Yanfolila mine in Mali with additional exploration assets — comparable small-mid cap gold miner pursuing growth through resource expansion in the same regional geological setting.

Regional players

• Lekki Deep Sea Port dredging contractors: Nigerian dredging and marine services competitors — directly comparable to Japaul Dredging Services Limited for swamp reclamation, channelization, and island-creation contracts along the Lekki axis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/japaul_group
• Facebookfacebook.com/japaulgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Japaul Gold and Ventures