Mining

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...

Business in Cameroon n94: December 2020

Investir au Cameroun n104 Décembre 2020

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...

Thursday 2 July 2020Mining

Mbalam iron ore: Despite the June 30 flop, Sundance still hopes to finalize its agreement with AustSino

Today July 2, the Australian junior mining company announced that despite the failure to reach an agreement on June 30, it is continuing negotiations with...

Monday 29 June 2020Mining

Avima Iron Ore chooses Port of Kribi as its iron exports’ gateway

On June 8, Avima Iron Ore Limited, signed a Memorandum of Understanding with the Port Authority of Kribi (PAK), establishing a formal partnership for the...

njombe-penja-communal-authorities-and-mining-company-setp-clash-over-the-exploitation-of-a-pozzolana-quarry

Thursday 11 June 2020Mining

Njombé-Penja: Communal authorities and mining company SETP clash over the exploitation of a pozzolana quarry

Pozzolana mining company SETP (Société d’extraction et de transformation de pouzzolane) is currently clashing with the municipal authorities of...

Monday 1 June 2020Mining

Cameroon plans to create a mining promotion corporation to reduce artisanal mining

Cameroon currently seeks a consultant that will elaborate on the geological and mineral information system (GMIS) for the Ministry of Mines. This...

Tuesday 26 May 2020Mining

British group BWA Resources secures 2 exploration permits in Cameroon

British group BWA Resources “secured its direct exposure” to Cameroon with the obtention of a first license covering an area of 497 km2 in Nkoteng,...

Thursday 14 May 2020Mining

SNH unveils its 2020-2024 development plan focused on revenue optimization

The National Hydrocarbons Corporation of Cameroon (SNH) recently published a magazine presenting its 2020-2024 development plan approved by the board of...

Wednesday 13 May 2020Mining

Cameroon: Three illegal gold panners die in a mine in the Northern region

Three Chadian gold miners died in a landslide at an artisanal gold mine in Bandjoungri, Northern Cameroon, on the night of May 7 to 8,...

Tuesday 14 April 2020Mining

Cameroon gives mining companies 2 months to restore former sites or risk having their licenses revoked

In Cameroon, some mining companies have been allowed up to 60 days to restore the sites where they recently completed operations. The count of this...

Friday 27 March 2020Mining

Bowleven to hand back its Bomono block exploration license to Cameroon

British oil and Gas company Bowleven plans to hand back its exploration license on the 2,328 km2 Bomono gas block, onshore Cameroon, to Cameroonian...

Tuesday 18 February 2020Mining

Minim-Martap and Ngaoundal bauxite deposits: New estimates could make them the largest deposits in the world

Australian junior mining company Canyon Resources recently delivered the first results of the final exploration phase (launched in September 2018) of...

Friday 14 February 2020Mining

Minim-Martap bauxite deposit : Canyon Resources announces launch of exploitation for 2022

In 2022, the exploitation of the Minim-Martap bauxite deposit in Northern Cameroon, which has been awaited for several decades, could start. This is at...

Monday 27 January 2020Mining

SNH launches tender process for feasibility studies of the 3D seismic acquisition on the Onshore Douala/Kribi-Campo Basin

In Cameroon, SNH, the national hydrocarbons agency, has just launched an open international bidding process for the feasibility study of the 3D seismic...