BUY AND MINE DIAMONDS,GOLD

I INVITE INVESTORS TO BUY AND MINE DIAMONDS,GOLD AND OTHER MINERALS IN CAMEROON. Cameroon € Opportunities and Stakes in the mining sector
29 March 2020
Mining Journal
Positioned in West Africa with a coastline lying on the Gulf of Guinea, Cameroon is often depicted as an Africa in miniature for its geological and cultural diversity.
Cameroon s soil abounds in a diverse array of natural mineral resources. The studies conducted so far, mapping a maximum of 50% of the Cameroonian soil, have shown the existence of around 50 different types of mineral resources, ranging from gold, diamonds and steal to bauxite or cobalt.Cameroon: Mobilong Diamond Deposit € Important Discovery
CAMEROON TRIBUNE
Lukong Pius Nyuylime
25 June 2020
Results of feasibility studies highly expected from the joint Cameroon-Korea company, C & K Mining Inc. to hasten the exploitation process.
The figure is impressive and the advancement on the exploitation process satisfactory. The Cameroon and Korea Mining Corporation, (C&K Mining Inc.) that obtained research permit on the Mobilong Diamond deposit located south east of Yokadouma, Boumba and Ngoko Division in the East Region, announced last year, it has found probable diamond deposits of 736 million carat (1 metric carat equals 200 milligrams). This amount could represent five times the world annual consumption. Channel the production
According to CAPAM at least 140 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 100 kg each month, 90 kg go to traffickers. In 2020, 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 170 kg. Through this operation, CAPAM secures 100 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.