(Business in Cameroon) - The Minister of Mines and Technological Development presents the mining potential of Cameroon Business in Cameroon: What is the mining potential of Cameroon Emmanuel Bonde: Let me first of all thank you for the opportunity you have given to us to talk about activities and projects in our Ministry Nature has endowed our country with a huge and varied mining potential Many experts have said that Cameroon is a geological promised land excluding oil is a valuable lever for economic recovery and a real axis of the government political struggle against poverty research has helped to highlight important minerals uranium in Poli and Lolodorf as well as gold and diamonds in the Eastern Region the following deposits are explored and developed: three Bauxite deposits (Ngaoundal two Iron deposits (Mbalam in the east and the Udders Kribi) deposits of Nickel-Cobalt and Manganese (Lomié) Cameroon can avoid impoverishing the state and its population but rather use it as a lift to sustainable development BIC: What are the mineral resources of Cameroon that could interest investors EB: Mining in Cameroon represents 40% of national resources The geology of Cameroon counts substances such as gold These are some resources that may be of interest to foreign investors                                                                  Let me use this platform to appeal to companies that have an interest in our country that a huge potential exists and is just waiting to be exploited BIC: How many licenses have been awarded in Cameroon and for which minerals 2001 Mining Code Law and its decree of implementation Cameroon which had virtually no mining exploration licenses and currently has 160 research licenses and five exploitation permits i.e two exploitation licenses for minerals namely nickel cobalt and manganese from Nkamouna to Lomié and the other for diamond in Mobilong The other three licenses were granted for marble BIC: What are the minerals that are already being exploited in Cameroon EB: Apart from useful substances like marble and limestone only two exploitation licenses for industrial mining have been issued to GEOVIC Cameroon in 2003 for cobalt and nickel and C & K Mining in 2010 for diamond The actual exploitation has not yet started research are ongoing to determine the quality of the deposits as well as the technology to be adopted EB: The provisions of Articles 60 and 65 in the mining code law clearly define the composition of application files for the award of exploration permits and licenses respectively the applicant must comply with the administrative procedures to obtain a license it should be noted that researching can take a long time We must make every effort to determine the amount of the deposit and there are other technical aspects We must carry out a feasibility study and there is also accompanying infrastructure project to build you cannot ignore that mining projects require substantial financial resources for their implementation The government on its part also takes all the steps to protect the interests of the people of Cameroon                    BIC: Are there other areas where we can find diamonds in Cameroon EB: It is in the south-eastern part close to the border with the Central African Republic The presence of diamonds in Moloundou is not yet confirmed the Cameroonian subsoil is explored only at 40% we cannot say exactly the amount of diamonds in the country                                                                what is the real diamond potential of Cameroon EB: You cannot take the risk of engaging in rhetoric the committee put in place to conduct studies on the real potential of our alluvial diamonds must present its findings and it is at this level that we could give reliable figures As for the quantities which are in the rock it should be noted that the diamond potential of Cameroon is still awaiting evaluation by experts BIC: What is the gas potential of Cameroon and which companies will exploit it EB: The gas potential of Cameroon is estimated at 500 billion cubic meters and proven quantities are estimated at 115 billion cubic meters The President of the Republic promulgated Law No the new gas code governs the downstream gas sector which includes: activities of transmission export and sale of natural gas and its derivative products in the national territory This new law has so many special tax incentives “to accompany gas projects and investments that have considerable expected economic benefits.” Remarkable advances are underway in implementing gas projects These include the proposed gas field development by Rodeo Development Ltd in Logbaba the project to supply gas to the Bipaga gas plant in Kribi and the construction of a natural gas liquefaction plant at Mboro in Kribi BIC: If given a lot of investors to select from what kind would Cameroon like to have in the mining sector because it is a necessary factor for the revival of the economy to achieve the objectives found in the Growth and Employment Strategy Paper (GESP) This is one of the reasons why the Head of State has ordered the writing of the industry’s codes of investment there is even a single code that is in preparation which is why it is imperative to develop this single code with incentives that will focus on investment rather than on general industry Emphasis will be placed on the processing of local raw materials all investors who specialize in these areas and many more investors will certainly be interested in Cameroon EB: In view of the great resources available in our country the state has provided incentives for investment The mining and industrial sectors are no exception to the rule Wishing to establish a relationship based on trust and mutually beneficial partnership with all investors who wish to do business Cameroon offers through its investment policy attractive incentives to businesses in order to improve the investment rate to guarantee the security of enterprises and to enhance their competitiveness Cameroon is at the centre of Africa with a thousand possibilities among others: geographical location-bordering the Gulf of Guinea has become a strategic issue diversity and above all a remarkable stability since thirty years With these significant assets adds among other things: a population of twenty million people competent and integrated at the heart of large economic blocks like the CEMAC countries                  Mboa Paris Trains 30 Young Cameroonians to Boost Tech and Entrepreneurship Cameroon Audit Targets Former Officials for Mismanagement in Agricultural Project Camwater Seeks Global Bids to Launch Bottled Water Lines in Five Cities Bafoussam Workshop Highlights Benefits of Cameroon-EU Trade Agreement Cameroon Could Reach 350,100 Tons of Cotton in 2025 (Beac) Paul Biya Appoints Johnny Razack as Chair of Cameroon’s National Investment Company Cameroon Refuses Work Visa Renewal for Casino and Super U Boss Over Toxic Workplace Claims Cameroon Joins Global Charter to Fight Illegal Fishing Join us at the Exhibition Research Lab Gallery for a talk by Dr Christine Eyene who will discuss her research on the links between Liverpool’s maritime history and practices of extraction in rural Cameroon Focusing on reproductions of archival material contained in the vitrine displayed in the exhibition ‘What the Mountain Has Seen’ Dr Eyene will retrace the journey of American missionaries who travelled to West and Central Africa in the 19th and early 20th centuries via Liverpool in their mission to colonise and Christianise parts of the African continent Taking as point of departure her paternal village of Bikoka (Lolodorf) timetables of Liverpool shipping companies to uncover untold chapters of interdependent German ‘What the Mountain Has Seen’ refers to Mount Mbanga a natural landmark both present in colonial images of Lolodorf and contemporary artworks The exhibition posits the mountain as witness to the history of the land and its peoples The talk will also delve into artworks by Cameroonian artists Yvon Ngassam who address the impact of these histories across time It will also explore the practice of British artists Joy Gregory Shiraz Bayjoo and Freya Tewelde who expand on these narratives in the context of the Caribbean Dr Christine Eyene is Senior Lecturer in Contemporary Art and Co-Director of the Exhibition Research Lab at Liverpool John Moores University She teaches Exhibition Histories and curatorial practices from an African and Diasporic perspective she worked with Professor Lubaina Himid CBE RA on Making Histories Visible an interdisciplinary visual arts research project then based at the University of Central Lancashire Her most recent exhibitions are ‘George Hallett: Home and Exile’ and ‘The Plant the Stowed Away’ Tate Liverpool + RIBA North (6 Feb – 11 May 2025) Her latest essays include: ‘Where an artist finds freedom’ in Alicia Knock (ed.) ‘Paris Noir: Artistic circulations and anti-colonial resistance 2025; ‘South African Exile and Diasporic Cultural Transmission’ in Ntshepe Tsekere Bopape and Alexandre Quoi (ed.) Globalisto – A Philosophy in Flux – Acts of an Imbizo ‘What the Mountain Has Seen’ is on until 31 October 2025 and coincides with ‘The Plant that Stowed Away’ on view at Tate Liverpool + RIBA North until 11 May 2025 This event is supported by IAT – The Institute of Art and Technology Join us for this enjoyable and informative workshop session where you’ll discover the art.. An immersive listening event to explore grief with songs Join us as we explore this photographic printing process in a family friendly workshop... Masding’s playful exhibition investigates how images From Thursday 5 September 2024 to Sunday 27 April 2025 A selection of glamorous evening wear dating from the 1920s to today will be.. Liverpool will once again affirm its proud tradition of standing against hatred and division.. Katie Erich and Hayley Sheen will star in the.. (Business in Cameroon) - From 1960 to 1990 in collaboration with internationally renowned institutions such as the UNDP and the Office of Geological and Mining Research (BRGM) carried out studies to trace the mineral potential of Cameroon over 167 exploration licenses have been granted only about 50% of the national territory mining data is available suggesting that there are still enormous mineral resources to explore in Cameroon Five mining licenses have already been granted: Geovic Company for the exploitation of nickel C and K Mining Company Inc for diamond and accompanying substances in Mobilong (Yokadouma) and three operating permits were granted for the extraction of limestone and marble The following companies are currently negotiating mining agreements with the State of Cameroon: Cam Iron a subsidiary of Australia’s Sundance Resources for the mining of iron ore at Mbalam and Cameroon Alumina Limited for the bauxite deposits at Mini Martap near Ngaoundal (Adamawa) A deposit of three million tons of rutile reserves exists in Akonolinga These reserves are larger and extend over a vast area of more than 30,000 km on the outskirts of Centre Their economic weight is not clearly evaluated Fifty uranium targets have been identified most of which form geochemical anomalies that were identified by systematic mining inventory work conducted from 1978 to 1987 in the Southeast by the UN and in the Southwest by the French Bureau of Geological and Mining Research Mega Uranium Company holds exploration permits and is currently carrying out research work at Poli and Teubang in the North Lolodorf in the South and Ngombas in the Centre a uranium deposit of more than 1,300 tons was discovered at Poli But the real potential of Cameroon is unknown At least five targets are identified in Lom around Bétaré-Oya Yingui to the North-East of Douala and Mayo Boula in the Far North large deposits of Pozzolana in volcanic areas of the Southwest Not only are there industrial quantities of sand as a building material and servicing by region of "proved" and "developed" deposits of raw materials : Inventaires et volumes des gisements de 35 zones minières camerounaises Interprétation des photos satellites des 35 zones minières où sont inventoriés des gisements prouvés non développés du Cameroun Estimation des réserves prouvées non développées du Cameroun 500 000 tonnes 55 millions de tonnes 61 millions de tonnes 17 millions de tonnes Les grands projets miniers engagés au Cameroun