Gold Deposits Discovered in Cameroon: A Boost for the Mining Industry
In a significant development for the country’s mining sector, the Government of Cameroon, through the Small-scale Mining and Promotion Framework Unit (CAPAM), has successfully discovered six new gold deposits in the North West and South West regions. This discovery marks a pivotal step toward enhancing the country’s industrial gold production capabilities.
The newly identified gold fields are located in the following areas: Misaje, Bipindi-Lolodorf, Batouri, Sangmelima, Mamfe, Ebolowa, and Okala. These regions are now poised to become major contributors to Cameroon’s gold production and could potentially attract substantial investment from both local and international commercial mining firms.
According to the US Geological Survey (USGS), Cameroon’s annual gold production is currently estimated at 10,000 kilograms. However, with the recent discoveries and the growing interest from commercial mining companies, there are high expectations for an increase in production output in the coming years. This growth could significantly bolster the country’s economy, create employment opportunities, and enhance the sustainability of the mining sector.
The Government of Cameroon, in collaboration with CAPAM, continues to focus on promoting small-scale mining and formalizing artisanal mining activities, which are expected to further contribute to the development of the country’s mining industry.
Key Highlights of the Discovery:
- Regions Impacted: Misaje, Bipindi-Lolodorf, Batouri, Sangmelima, Mamfe, Ebolowa, and Okala.
- Current Gold Production: 10,000 kilograms annually (US Geological Survey estimate).
- Government Initiative: Small-scale Mining and Promotion Framework Unit (CAPAM) promoting industrial gold production.
- Economic Potential: Increased interest from commercial mining firms expected to boost production and economic growth.
These developments highlight Cameroon’s growing potential as a key player in the global gold market and could lead to broader economic benefits for the nation.
