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smallscaleminers  

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smallscaleminers
Cameroon is one of the many gold-rich countries in Africa, although little commercial mining has been done since the end of the colonial rule. This is partly due to the political instability that existed in the past. With the return of a democratic government in the late 1990s, Cameroon now offers a great opportunity to anyone interested in gold mining within the country. Currently, Cameroon gold is mainly mined by small-scale artisans. In fact, according to the government, the estimate of small-scale artisanal mining produced about 10,653kgs of gold between 2010 and 2015. History of Gold Mining in Cameroon The gold mining in Cameroon can be traced back to 1930 during the colonial administration. Records show that when it reached its peak (in the 1940s), gold mining contributed about 20% of the country's GDP. After independence political interference slowed down the commercial mining in the country, most of the gold was being mined by small-scale artisans and sold in clandestine markets. Today the small-scale artisanal mining contributes about 95% of all the gold mined in the country. Increase in Commercial Mining Activity The mining code for Cameroon has for many years encouraged artisanal and other forms of mining. To dig for gold commercially, one will require a class C or K mining licenses. With the increased occurrence of gold, many big firms are now getting into the sector

Company Profile

Year Company Established: 2005-10-11
Annual Sales Amount: Below US$1 Million
Total No. of Staff: 11 – 50 People
No. of R&D Staff: 21 – 30 People
No. of Engineers: 11 – 20 People
Export Ratio: 81% – 90%
OEM Services Provided: NO
Payment Terms: T/T, L/C, D/A, D/P, bank to bank
Business Type: Manufacturer, Agent
Quality Certificate: GS, GB, ISO9001, ISO14000, ACS, S-Mark, RoHS, UL, AS/NZS
Main Export Markets: North America, Western Europe, Eastern Europe, South America, Southeast Asia, Eastern Asia, Oceania, Africa
Main Customer(s): Eastern Europe,North America,South America,North America,Southeast Asia,Western Europe
Competitive Advantage: Increase in Commercial Mining Activity The mining code for Cameroon has for many years encouraged artisanal and other forms of mining. To dig for gold commercially, one will require a class C or K mining licenses. With the increased occurrence of gold, many big firms are now getting into the sector

Member Information

Date Joined:2016-10-12 19:49:20
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