Mining

Cameroon suspends a mining license in the East after the May 30, 2021, deadly incident in Kambélé

On June 4, 2021, the Cameroonian Minister of Mines Gabriel Dodo Ndocké issued a decision suspending the artisanal mining permit issued for a site in...

Business in Cameroon n100: May 2021

Investir au Cameroun n110: Mai 2021

Thursday 10 June 2021Mining

Almost all of Cameroon’s official diamond production is exported to The UAE and Belgium, BEAC data show

Pending the commissioning of its mines, Cameroon’s share in the world diamond market is still insignificant. Most of the country's productions (over 96%...

Thursday 3 June 2021Mining

Mbalam Iron deposit: Congolese President’s envoy’s visit to Cameroon escalates dispute between Cameroon and Sundance Resources

Australian junior mining firm Sundance Resources has decided to proceed to international arbitration in the case between it and the state of Cameroon for...

Thursday 20 May 2021Mining

Cameroon: Defence forces go all out in the fight against illegal miners in the Benoue National Park

During an operation carried out by Cameroonian defense forces, on May 18, 2021, over 50 clandestine gold miners were arrested in the Benoue National Park,...

cameroon-30kg-of-gold-seized-at-the-yaounde-nsimalen-international-airport

Wednesday 19 May 2021Mining

Cameroon: 30kg of gold seized at the Yaoundé-Nsimalen international airport

On the night of May 18 to 19, 2021, 30 kilograms of gold were seized at the Yaoundé-Nsimalen international airport, official sources...

Wednesday 19 May 2021Mining

Cameroon: 14 artisanal miners died in mining fields due to companies’ negligence in the East in Jan-Apr 2021 (FODER)

Between January and April 2021, 14 artisanal miners died in mining fields in Eastern Cameroon, according to local NGO Forêt et développement rural...

Tuesday 4 May 2021Mining

Mbalam-Nabeba iron ore project: Sundance Ressources sends a strong signal to Cameroon by claiming over XAF4,700 bln damages from Congo

Australian mining company Sundance Ressources is claiming US$8.76 billion (over XAF4,700 billion at the current exchange rate) compensation in the case...

Tuesday 16 March 2021Mining

Canyon Resources to meet potential partners for the development of the Minim Martap bauxite project

Tomorrow, March 17, 2021, CAMALCO will meet with Cameroonian economic operators at the premises of the Inter-Patronal Grouping of Cameroon (GICAM), in...

Monday 15 March 2021Mining

Adamaoua: Disgruntled artisanal miners burn Chinese firm’s equipment and stone local authorities

Last March 11, 2021, in Leggal-Goro (a small neighborhood in Adamaoua), artisanal gold miners burnt the equipment of a Chinese mining firm and stoned...

Friday 12 March 2021Mining

Minim Martap Project: Canyon Resources partners with Belgian Vecturis to improve transport process

On March 9, Canyon Resources announced the conclusion of a service agreement with Belgian rail engineering expert Vecturis for the Minim...

Thursday 11 March 2021Mining

Cameroon: The UNDP funds 37 artisanal mining companies

Artisanal mining companies operating in Cameroon (37) recently signed funding agreements with the United Nations Development Program (UNDP). The...

Tuesday 2 March 2021Mining

Surface rights: Cameroon claims XAF184 mln from 16 mining companies

On February 24, 2021, Minister of Mines Gabriel Dodo Ndoké (photo) published a note inviting 16 mining companies to pay a cumulative amount of XAF184.02...

Monday 11 January 2021Mining

French Eramet to install a pilot rutile processing plant in Cameroon

The French industrial and mining group Erameth (that obtained a rutile exploration license in Cameroon in 2019) has begun the second phase of its...

Wednesday 16 December 2020Mining

Sundance Resources serves dispute notice to Cameroon over Mbalam mining project

Today, December 16, Australian mining company Sundance Resources (which is currently developing the Mbalam iron ore project) published a market update...

Tuesday 15 December 2020Mining

Cameroon establishes Sonamines, a national mining company

Yesterday December 14, 2020, President Paul Biya signed a decree creating the National Mining Company (Sonamines). According to the presidential decree,...

Monday 14 December 2020Mining

Codias SA to obtain exploitation permit for Colomine gold project in 2021

Codias SA could receive an exploitation permit for the Colomine gold project and launch the construction of the said mine, according to the Ministry of...

Monday 7 December 2020Mining

Cameroon and Addax Petroleum Cameroon ltd in negotiation for a production-sharing agreement on the Ngosso block in Bakassi

Cameroon is currently negotiating a production sharing agreement with Addax Petroleum Cameroon Limited for the exploitation of the Ngosso block in...

Friday 4 December 2020Mining

Cameroon: Capam helped collect 37.66 kg of gold by Oct 15, 2020, in the framework of production sharing contract with artisanal miners

In the framework of the production sharing contract between Cameroon and gold miners (both artisanal miners and companies), 276.26 grams of gold was...

Friday 4 December 2020Mining

Cameroon: Government to collaborate with a "consortium of five Chinese state-owned companies" for the development of the Mbalam mining project

During the current parliamentary session, which is reviewing the 2021 finance act, Mines Minister Gabriel Dodo Ndocke presented part of the government’s...

Tuesday 1 December 2020Mining

Quarry exploitation: Cameroon partners with a private firm to improve its revenues

The Cameroonian administration, through the Support Framework for Artisanal Mining (Capam), will collaborate with the Business Facilities Corporation...

Wednesday 25 November 2020Mining

Cameroon: MINMIDT extends GDC’s exploration license on Matanda block by an additional 1-year

The Ministry of Mines, Industry and Technological Development recently extended Gaz Du Cameroon's (GDC) exploration license on the Matanda block by an...

Friday 20 November 2020Mining

Minim-Martap bauxite: Camrail could triple freight activities through a partnership with Canyon Resources

Camrail’s freight business will triple, should the memorandum of understanding it recently signed with Canyon Resources (the Australian junior mining...

Tuesday 17 November 2020Mining

Cameroon: 1,028 carats of diamond seized at Douala airport in Jan-Oct 2020

Diamonds (1,028 carats) were seized at the International Airport of Douala this year. This was revealed during the November 11, 2020, budgetary session...

Monday 16 November 2020Mining

Cameroon: The Kimberley Process traced 2,438 carats of diamonds produced locally in Jan-Oct 2020

On November 11, 2020, in Yaoundé, during a session dedicated to the vote of the 2021 budget, the National Permanent Secretary of the Kimberly Process...

Wednesday 11 November 2020Mining

CEMAC: Many jobs will be lost if the current foreign exchange regulation is applied in the extractive industry, the African Energy Chamber believes

On November 5, 2020, Abbas Mahamat Tolli (governor of the Bank of Central African States-BEAC) signed a decision extending the deadline for extractive...

Tuesday 8 September 2020Mining

Dynasty Mining suspended for 6 months over illegal mining operations

Cameroon’s Minister of Mines, Industry and Technological development Gabriel Dodo Ndocké recently issued a decree suspending the operations of Dynasty...

Tuesday 1 September 2020Mining

Canyon Resources raises about XAF6 bln for final feasibility studies of the Minim Martap bauxite project

ASX-listed mining company Canyon Resources recently issued 100 million new ordinary shares to raise funds for the definitive feasibility studies of its...

Monday 24 August 2020Mining

Foreign exchange regulation: Cameroon transferred its oil and mining contracts to the BEAC, the IMF reveals

Cameroon is committed to implementing the new foreign exchange regulations issued by the Bank of Central African States (BEAC), the International Monetary...

Wednesday 19 August 2020Mining

SNH to establish petroleum geology labs in six public universities

The National Hydrocarbons Corporation (SNH) recently published the results of six calls for tenders it issued to select suppliers that will provide...

Thursday 6 August 2020Mining

SNH estimates its stored oil data at over XAF10,000 billion

The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...

Monday 20 July 2020Mining

Eramet group expresses interest in nickel and cobalt exploration in Cameroon

French group Eramet, which recently began exploration works on the 2,500 sq. km rutile block in Akonolinga (in Cameroon’s Centre province) revealed on its...