Mining
Mbalam iron project: Paul Biya refuses to pay fine, calls for arbitration
Negotiations between Cameroon and Sundance Resources (and its local subsidiary Cam Iron SA), which began in the second half of 2021, for an amicable...Mbalam-Nabeba project: the five Chinese firms eying the exploitation component revealed
In the framework of the Mbalam-Nabeba iron ore development project, Cameroon’s National Mining Company (Sonamines) will be in charge of the mining...Ngaoundal-Makan bauxite: Canyon Resources obtains a 2-year extension of its research permits
Mines Minister Gabriel Dodo Ndoké has renewed Canyon Resources’ exploration permit on the Ngaoundal and Makan bauxite deposits for a 2-year nonrenewable...Mbalam ore: AutSino and Bestway get closer to taking over Sundance’s mining assets
Cameroon signed, on June 25, 2021, a memorandum of Understanding (MoU) with AustSino and Bestway Finance Ltd for the construction of over 500 kilometers...Bauxite: Sonamines partners with CREC 5 to develop the Ngaoundal and Makan deposits
Cameroon’s National Mining Company (Sonamines), through its Director-General Serge Boyogueno, signed on 18 February 2022, a memorandum of understanding...Cameroon: Akonolinga rutile deposit to enter exploitation phase in 2025
The Akonolinga rutile mine, in Central Cameroon, will enter its exploitation phase in 2025. This was revealed after a meeting between Cameroon’s Mines...Oil and gas: Cameroon updates conditions for special income tax exemptions
In its 2022 finance law, Cameroon has updated the conditions required for oil contract holders at their research and development stage and their foreign...Cameroon: Caminco negotiates mining agreement for three goldmines in the East
Cameroon, and exploration and mining firm Caminco are currently negotiating a mining agreement for the Mborguéné, Bétaré Oya and Garoua Boulaï goldmines...Cameroon: SONAMINES lists its achievements and growth plans, a year after its creation
The National Mining Corporation (SONAMINES) officially created on December 14, 2020, has already submitted quarry exploitation permits and two exploration...Extractive industries: Firms paid XAF908.28 bln to state and institutions in 2019, up 18.9% YoY
In 2019, extractive companies paid XAF908.28 billion to the State and its institutions. This was revealed by the EITI committee in Cameroon’s 2019...Minim Martap Project: Cameroon and Canyon Resources launch negotiations for a mining convention
Yesterday October 27, 2021, Canyon Resources Ltd, the Australian Junior mining firm controlling Camalco (owner of three permits on the Minim Martap and...Foreign trade: Togo became Cameroon’s leading African supplier of petroleum products in 2020 (INS)
In 2020, Togo became Cameroon’s leading African supplier and the 7th worldwide, according to figures published by the National Institute for Statistics...Cameroon: Sonamines launches campaign against child labor on mining sites
Today September 21, 2021, the National Mining Corporation (SONAMINES) officially launched an awareness campaign against child labor on mining fields....China’s Yousheng Cement Co Ltd to build a cement plant in Douala
Chinese company Yousheng Cement Co Ltd is currently finetuning the establishment of a new cement plant inside the port area in Douala. The information was...Canyon Resources and China’s MCC-CIE partner to expedite the Minim Martap project
Australian junior mining firm Canyon Resources Ltd recently inked a strategic partnership with MCC-CIE, the mining engineering division of Chinese...Cameroon: Government program CAPAM to soon cease operations
On July 5, 2021, Minister of Mines Gabriel Dodo Ndoké signed a decision notifying of the temporary layoff of the staff of CAPAM, a government program...Cameroon publishes its EITI 2018 report
On June 29, 2021, Cameroon finally published its 2018 EITI (Extractive Industries Transparency Initiatives) report. The country, which experienced delays...Mbalam-Nabeba iron ore project: Sundance Resources expresses "shock" at new MoU
Yesterday June 27, 2021, Australian junior mining company Sundance Resources issued a release expressing its "shock" concerning the June 25, 2021,...Mbalam-Nabeba iron ore exploitation: Towards a memorandum of understanding to relaunch the project
In Cameroon, the Minister of Transport Jean Ernest Ngallé Bibéhé and his peer of Mines Gabriel Dodo Ndoke have been authorized to sign a memorandum of...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...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,...
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