Mining
Yes, the Cameroon-Chad friendly match organized in preparation of the 2020 CHAN has been relocated
Yes, CCA-Bank has stopped collecting daily savings in Cameroon
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Cameroon exported a little over 654 carats of diamonds in 2019 (Kimberley Process)
In 2019, artisanal miners operating in Cameroon exported 654.6 carats of diamonds, according to the National Permanent Secretariat for the Kimberley...
Cameroon : Gold production down 30.4% YoY in H1, 2019
In H1, 2019, Cameroon produced 224.6 kg of gold, down 30.4% year over year, according to the Ministry of Mines. 45.6 kg of this gold production was...
Local company Codias to develop Cameroon’s first industrial gold mine
On November 29, 2019, in Yaoundé, the Minister of Mines, Gabriel Dodo Ndoke (photo, with striped tie), signed an exploitation agreement with Codias S.A...
Oil & gas: Cameroon lost XAF314 billion of revenues in 2017
In 2017, the Cameroonian public treasury lost at least XAF314.6 billion of revenues in the hydrocarbon sector, according to a report published by the...
Pricing environment unfavorable, this year, for metals exported by CEMAC countries (BEAC)
This year, the pricing environment has not been favorable for metals exported by the six CEMAC countries (Cameroon, Gabon, Congo, Equatorial Guinea, Chad...
Cameroon: Sundance Resources expects a new agreement on Mbalam iron project before end June 2020
The deadline for the finalization of Australian junior mining companies Sundance Resources and AustSino’s investment agreement on Mbalam iron project, in...
Cameroon prohibits semi-mechanized small-scale mining operations at riverbeds
On August 28, 2019, Cameroon’s Minister of Industry, Mines and Technological Development, Gabriel Dodo Ndoke, signed a decision prohibiting...
American Geovic promises XAF235 bln of investment in its nickel-cobalt-manganese project in Cameroon
American junior mining exploration company Geovic seems ready to exploit the cobalt, nickel and manganese reserves located in East and South Cameroon. On...
Only 10% of Cameroon’s artisanal gold production enters the formal sector (EU)
In Cameroon, only about 10% of the total production of artisanal gold miners enters the formal sector, the European Union observed. This share contributes...
Cameroon: Government plans further extension of Mbalam mining project to June 30 this year
Australian mining company Sundance Resources could benefit from an additional extension of its Mbalam-Nabeba Iron Ore Project Convention. The project has...
Cameroon: Canyon Resources identifies 250mln tons of ‘very high grade’ bauxite at Minim-Martap
Australian mining company Canyon Resources announced March 12 on proactiveinvestors.com it achieved first exploration results of the Minim-Martap bauxite...
Cameroon: Just over 1,791 carats of diamonds recovered in 2018
Miners operating in Cameroon produced just over 1,791 carats of diamonds in 2018, according to the national permanent secretariat of the Kimberly Process...
Cameroon: Mining revenues grew to CFA5bn in 2018
Actions pulled in the mining sector by the government this year helped increase revenues from CFA4 billion in 2017 to nearly CFA5 billion, the department...
Cameroon to maximize mining tax recovery
“The value chain of mining and oil sectors, from exploration to export: tax collection techniques”. This is the theme of a workshop organized by the...
Cameroon: Canyon Resources acquires 100% stake in Birsok bauxite project
Altus Strategies announced October 11 it has signed a letter of intent with Australian Canyon Resources to terminate its joint venture agreement giving...
CEMAC countries to set a common mining policy to attract foreign investments
The Commission of the Central African Economic and Monetary Community (CEMAC), Chaired by the Gabonese Daniel Ona Ondo (photo), issued a call for tenders...
Heavy metals and radioactive substances detected on some mining sites in East Cameroon
In Bétaré Oya and Kambele, two major gold mining towns in the forest and mining region of East Cameroon, the researchers of the Geological and Mining...
Cameroon: Dangote Cement sold 332,000 tons of cement in Q1, 2018
During Q1, 2018, Dangote Cement Cameroon sold about 332,000 tons of cement. According to the industrial group, this feat was namely due to the brand’s...
India to relaunch Cameroon Alumina bauxite mining project
Indian operators will relaunch Cameroon Alumina mining project which has been on standby for years now. Even though the details of this project are not...
Luc Magloire Mbarga Atangana and Ernest Ngwaboubou visit Prometal Acierie
Luc Magloire Mbarga Atangana, the minister of commerce and his peer at the mining department Ernest Ngwaboubou, visited the Douala based company Prometal...
Initiative to Support Women to end this year
In Missingueléo, in the Far-north, not all the women dedicate their days to household chores exclusively; most of them also produce gravels which are used...
Cameroon decentralises the file request procedures for companies using explosive substances
The minister of mines Ernest Gbwaboubou has just signed a note according to which the managing directors of companies which use explosive materials can...
Tower Resources contracts Oilfield International for the new assessment of Thali block’s reserve
Tower resources just announced that it has contracted Oilfield International Ltd (OIL) to assess the potential reserves of the Thali block. This...
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Business in Cameroon n82-83: December 2019-January 2020
CFA: The debate is open in the CEMAC
Cameroon becomes CEMAC’s financial center
Investir au Cameroun n92-93: Decembre 2019-Janvier 2020
Franc CFA : le débat est ouvert en zone CEMAC
Le Cameroun devient la place financière de la CEMAC
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