Gold mining in Cameroon can be traced back to 1930 during the colonial administration. ... Today the small-scale artisanal mining contributes about 95% of all the gold mined in the country. According to the government, Cameroon has about 140 identified gold deposits, majority of which are mined by artisanal miners.
The new gold fields are in Misaje (North West Region), Mamfe (South West Region), Ebolowa, Sangmelima, Bipindi-Lolodorf and Okala. Other gold deposits are found in Garoua Boulai, Betare Oya, Colomine, Batouri,
Cameroon started mining gold back in the 1930s through the administration of the colonialists. Reports show that gold mining peaked in the 1940s, contributing to 20 percent of its GDP.
After attaining independence, commercial mining activities slowed down due to political interference since most of the gold was mined by small-scale artisans and trading in the clandestine markets.
The country has struggled to manage its mining industry, with most effects coming from the resources’ taxation. However, it is one of the few gold-rich countries in the African continent to keenly trap the rare minerals and natural resources to contribute to its economy significantly.
Small-scale artisans do most of the gold mining activities, and they have managed to produce approximately 16,653 kg of gold from 2010 to 2015. Small-scale mining now contributes up to 95 percent of all the gold mined in Cameroon.
However, the government believes that most of the gold mined by artisanal miners gets smuggled outside the country by traffickers, who then sell it to other countries to avoid tax payments. Cameroon is still trying to properly manage its growing mining industry to ensure commercial mining operations pay the government their fair share of the revenue.
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