Gold production in Cameroon

Alluvial gold is artisanally exploited from stream gravels in parts of Cameroon

Cameroon is a country rich in gold.  For the moment, gold is not an industrial product, but artisanal. CAPAM (Framework for the support and promotion of mining), says Cameroon will produce close to 17,700 kg of gold on a small scale from 2012 to 2016. Artisanal production in 2013 is estimated at 724.8 kg. 

Stimulate entrepreneurship The Mining Code of Cameroon authorizes artisanal mining, as well as other forms of mining. For the moment, only C and K Mining has a license to “dig” gold industrially although it is yet to start exploitation. 

But with the increased mechanization of artisanal mining, many companies are interested. In Bétaré-Oya, a locality in Eastern Cameroon, the main gold producing region, eight companies are on the ground. 

Many of them have an average production of 10 kg per month, according to CAPAM. Channel the production According to CAPAM at least 740 gold deposits have been identified in Cameroon, the majority being of an artisanal mining nature. 

The gold produced in the traditional way does not always follow formal channels. Out of 207 kg each month, 108 kg go to traffickers...  In 2012, Cameroon launched the “Operation Gold” drive in collaboration with the Police to instill order and increase the state’s gold reserves at the Central Bank of Central African States (BEAC). 

The estimated monthly domestic production is 270 kg. Through this operation, CAPAM secures 270 kg with the support of the defense forces. According to the Ministry of Economy, studies are underway to evaluate the gold potential of Cameroon.

 But artisanal mining is effective in the eastern, northern and southern parts of the country.

 Gold reserves spread over an area of 20,000 km2, according to government sources. 

When buying gold in Cameroon, It is obligatory that both the Importer and Exporter make payments for the safekeeping and approval of the contract after having positive results from both ends.
This takes at most four days or so before the contract attains maturity, the said fee is paid to the ministry of mines and also it serves to observe that seriousness from the sides paying the said allocated fee.
All Gold buyer must have a contract document Directly with the seller and most be submitted to the Ministry of Mines, Department of Mines and Geology. This Document will serve permit for the Gold to pass through all Terminals and toll gates for successful shipment out of Cameroon.

You can contact any of the local miners via.

1. {johnr5505@gmail.com}22Carats+supplier in Bétare Oya
2. { ndongfak8@gmail.com } Local miner in Bétare Oya
3. {mr.zavid@list.ru}local artisan miner in Bétare Oya