logoBC
Yaoundé - 09 December 2023 -
Mining

Sonamines and partner mining firms to create joint collaboration platform

Sonamines and partner mining firms to create joint collaboration platform
  • Comments   -   Friday, 20 October 2023 17:12

(Business in Cameroon) - Cameron’s national mining company (Sonamines) is creating a platform with its partner mining firms to strengthen their collaboration. The subject was discussed on October 18 during a meeting between representatives of Sonamines and the partner companies in Yaoundé.

"It is more necessary than ever to build a relationship of trust between Sonamines and all of you, our partners. Following our discussions and a mutually agreed approach, we should be able to establish a suitable collaboration platform to provide concrete solutions to the President, who increasingly relies on the solid mining sector to drive Cameroon's economic development, taking over from the liquid mining sector," Serge Boyogueno, MD of Sonamines, said. Established in 2020 and operational since 2021, Sonamines now serves as the strong arm of the Cameroonian government in solid mining operations.

Taking advantage of this meeting, mining operators voiced certain concerns with the goal of expediting mining activities in the country. These concerns encompass the need for the creation of an enticing regulatory framework to enhance the sector's attractiveness and attract more investments. Additionally, they emphasized the importance of simplifying the mining permit issuance process and resolving land-related issues associated with mining projects, where the areas are often encroached upon by artisanal miners, causing complications for mining companies.

president-paul-piya-wants-camtel-to-remain-a-public-entity
Cameroon’s President Paul Biya opposes the privatization of the country’s incumbent telecoms operator, Camtel. The decision was the subject of a letter...
cameroon-plans-to-build-550-new-housing-units-in-douala-and-yaounde-in-2024
Cameroon’s PM Joseph Dion Ngute announced the government’s plan to build 550 new housing units in the cities of Douala and Yaoundé next year. He was...
bvmac-introduces-its-first-market-index-the-bvmac-asi
On December 1, 2023, a committee in Douala, Cameroon, selected the name for the inaugural stock index of the Central African Securities Exchange (Bvmac),...
cameroon-s-trade-dynamics-in-eccas-opportunities-and-challenges
From 2019 to 2022, nations in the Economic Community of Central African States only captured 6.3% of Cameroon's exports, well below the 10% and nearly...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »