Gold Mining Challenges in Cameroon

Cameroon is one of only a handful of exceptional gold-rich nations in Africa that is quick to tap the uncommon regular asset and launch its economy.

At present, Cameroon gold is basically mined by limited scope craftsmans. Truth be told, as indicated by the public authority, the gauge of limited scope distinctive mining created around 16,653 kgs of gold somewhere in the range of 2010 and 2015.

Gold mining in Cameroon can be followed back to 1930 during the provincial organization. Records show that when it arrived at its top (during the 1940s), gold mining contributed around 20% of the nation’s Gross Domestic Product.

After freedom, political impedance dialed back business mining in the country. A large portion of the gold was being mined by limited scope craftsmans and sold in covert business sectors. Today the limited scale distinctive mining contributes around 95% of all the gold mined in the country.

As indicated by the public authority, Cameroon has around 140 distinguished gold stores, larger part of which are mined by distinctive diggers.

Be that as it may, there are difficulties.

Cameroon has battled with how to deal with the mining in the nation, essentially connected with tax collection from the asset.

The public authority gauges than most of the gold as of now being mined by distinctive excavators is being pirated out of the country by dealers who offer it in different nations to try not to cover charges.

The nation is likewise attempting to deal with its developing mining industry and figuring out how to guarantee that business mining tasks additionally pay their portion of income to the public authority.

Authorities anyway say they have put new measures which will carry request to the nation’s mining area.


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