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Mining corporation SONAMINES seeks statutory and alternate auditors


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 experience,” the document adds. Also, the interested candidates are expected to send their applications to the Ministry of Mines by June 1, 2021. ....

Serge Herv , Institute Of Chartered Accountants Cameroon , Ministry Of Mines , Director General Serge Herv , Chartered Accountants , Artisan Mining Support , Promotion Framework , அமைச்சகம் ஆஃப் சுரங்கங்கள் , பட்டய கணக்காளர்கள் , கைவினைஞர் சுரங்க ஆதரவு , ப்ரமோஶந் கட்டமைப்பு ,

Corruption runs rampant in Cameroon's mining sector - report


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 that the absence of the 2016 Mining Code Implementing Decree favors a state of anarchy within the sector. ....

South Korea , South Korean , Transparency International , Mining Code , West African , Artisan Mining Support , தெற்கு கொரியா , தெற்கு கொரியன் , வெளிப்படைத்தன்மை சர்வதேச , சுரங்க குறியீடு , கைவினைஞர் சுரங்க ஆதரவு ,

Cameroon establishes Sonamines, a national mining company


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 develop and promote the mining sector and to manage the State s interests in this field. Hydrocarbons (which fall under the jurisdiction of the National Hydrocarbon Company-SNH) and quarries (which are to be managed by the communes per the General Code of Decentralized Territorial Collectivities-CTD) are excluded from the scope of the new institution.    ....

Paul Biya , National Mining Company Sonamines , Ministry Of Mines , National Hydrocarbon , President Paul Biya , National Mining Company , General Code , Decentralized Territorial , Artisan Mining Support , Promotion Framework , Cameroonian Public Treasury , பால் பியா , அமைச்சகம் ஆஃப் சுரங்கங்கள் , தேசிய ஹைட்ரோகார்பன் , ப்ரெஸிடெஂட் பால் பியா , தேசிய சுரங்க நிறுவனம் , ஜநரல் குறியீடு , கைவினைஞர் சுரங்க ஆதரவு , ப்ரமோஶந் கட்டமைப்பு ,