Major Players in the Gold Mining Industry

Some of the major players expected to promote gold production in Cameroon include the Legend Mining, which through its subsidiary Camina SA acquired from the Cameroon General Mining SA in 2011 the Tapare Gold Project. The project has a single gold exploration and mining project that covers an area of about 1000km2. The project is located in the gold-rich region north of Batouri, which is about 300km to the east of Yaounde, the capital of Cameroon.

Another important player in the country’s gold mining sector is the African Aura Resources which owns the gold exploration and mining license for the Batouri block in the Southeast of the country. The company started exploration activities in 2006 and has recorded several successes although the actual mining is yet to start.

Important gold resources that have shown great potential in the past include the Ntem license covers a 987km² block in southwest Cameroon. This region was mapped by the Bureau de Recherches Géologiques et Minières (BRGM) in the 2007 and has recorded the highest production of gold by artisanal miners especially in the areas surrounding the Abiete and Assoke villages.

Other important resources are Rey Bouba and Tchollire licenses, which are both, located in northern Cameroon. African Aura company that has been exploring the two areas has recorded large gold deposits in Gentil, Millionaire, and Kalardje although commercial mining is yet to commence. With the opening up of the gold mining sector in the country, it is only a matter of time before Cameroon emerges among the leading gold producers in Africa.