Mining

Approximately 52 types of mineral resources constituting a mineral target have been discovered. Mineral targets studied from the geochemical anomaly right up to deposit stage.

Gold

  • About 140 targets found within the boundaries of the vast consider which includes western part of central Africa, southern part of chad, Eastern part of Cameroon and the Adamawa province.
  • Artisan exploitation going on for more than 50years.
  • Artisan production about 1500kg per annum. Approximately 45000 oz.

Diamond

  • 17 targets are documented. 9 presently exploited by artisan industry in the border zone with C.A.R.
  • About 26 small scale mining sites exist.
  • Significant diamond occurrences found of late along 700km border with C.A.R

Aluminium

6 bauxites occurrences and deposits have been discovered. Mini martap deposit has a capacity of 1.116 billion tones with 43.7% of alumina and  1.8% of silica  Georgica reserves for the deposit estimated at about 2billion tons. Potential 5th or 6th in world reserve.

Iron

  • Approximately 25 iron target deposit discovered.
  • Mamelles deposit in the south of  kribi has 330m3
  • Mbalan deposits have reserves of 807mt of which 220mt make up more than 60% of iron and 587 mt make up 22-38% of iron ore.

Titanium

More than 65% targets discovered over close to a 50,000km2 area. Recent studies indicate 3million tons of alluvial titanium reserves for the akno henji area. Good concentration found along the sea coast estimated at about 500000tons of taniferous iron ore. Cameroon has 2nd larges rebel reserves in the world after sierra Leone.

Cobalt

  • Occurrences and deposits presently found in the eastern province of Cameroon.
  • Deposits cover 240km and evaluated at close to 200000tons
  • of cobalt metal accompanied by an appreciable tonnage of nickel and manganese.
  • An American company (GEOVIC) obtained a mining permit over this area.
  • Upstream and downstream business opportunities exist as soon as production gets operational.