The suspects failed to provide valid mining licences.
The move follows sustained criticism of the government’s handling of its mineral wealth.
He said that the suspects would be charged to court upon the conclusion of investigations.
Based on the significant discovery after two years of exploration, KMDC would like to announce the creation of the JEMAA Resource Project, the SPV to develop the asset.
“These are the reasons I say Africa should put an end to natural resource-backed loans,” Mr Adesina said.
According to the minister, Nigeria is richly endowed with various mineral types that manifest in multiple occurrences all over the country.
