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Justin Landry Chekoua, Programme Manager for Mining Governance, “Forêts et Developpement Rural,” FODER, reviews the gains, challenges and sustainability prospects of the ProMESS artisanal mining project in the East and Adamawa Regions of Cameroon.
On the night of May 18 to 19, 2021, 30 kilograms of gold were seized at the Yaoundé-Nsimalen international airport, official sources
Mining corporation SONAMINES seeks statutory and alternate auditors (Business in Cameroon) - In Cameroon, the newly created mining corporation SONAMINES is seeking one statutory and one alternate auditor, according to a tender document recently issued by the corporation’s Director-General Serge Hervé Boyogueno (photo). The document indicates that the positions are open for "chartered accountants (natural or legal persons) approved in the CEMAC region and registered with the Institute of Chartered Accountants of Cameroon (ONECCA).” “They must have at least 15 years of experien...
Corruption runs rampant in Cameroon’s mining sector – report Woman panning for gold in Cameroon. A report prepared by Transparency International Cameroon and Forêts et Développement Rural states that the lack of a clear regulatory framework has led to the entrenchment of illegal practices within Cameroon’s mining sector, which are supported by rampant corruption. The document overlays the legal framework that governs the mining sector in Cameroon to data collected in the field through focus group discussions and interviews with mine operators, authorities, and communities. It found t...
Cameroon establishes Sonamines, a national mining company (Business in Cameroon) - Yesterday December 14, 2020, President Paul Biya signed a decree creating the National Mining Company (Sonamines). According to the presidential decree, Sonamines is a public company with the state as its sole shareholder. However, the decree states, " the shareholding of Sonamines may be open to other public or private entities." The capital and the conditions for participation in the shareholding of the public company will be set in the statuses. The decree explains that Sonamines' mission is to d...