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Iron mines in Cameroon: Sangha mining at the center of a shameful cabal
By CAMEROON MAGAZINE 07/08/20210
"The project is on the right track, we learned from a source familiar with the matter. A technical team responsible for supervising and evaluating the activities of the memorandum of understanding between the Cameroonian government and the partners concerning the construction of the railway connecting Mbalam to the port of Kribi and of a multimodal mining terminal with the port of Kribi, was to be mandated by the Ministry of Transport. According to our sources, this team would be placed under the authority and supervision of the Minister of Transport and the Minister of Mines, Industry and Technological Development. It must, among other things, evaluate the program of activities proposed by the partner; develop a work plan for monitoring the MoU; assess the financial and human resources required to carry out the activities of the Protocol; evaluate and validate the study progress reports submitted by the partner. Proof if there is still that despite the harassments of Sundance, Bestway Finances Limited and its partners are continuing their good journey with peace of mind."
"Moreover, during the visit of the Congolese Secretary of State in charge of Mines and Geology, Pierre Oba, which took place from May 25 to June 1, 2021, the latter became clear that the fact that these permits were dismissed at Sundance Resources and company after several reminders, could not develop the iron reserves of Mbalam and Nabeba since the mining agreement was awarded to the company. It also considered that, even in the event of renewal of the said permit, the probability that it succeeds in forming a consortium capable of ensuring the technical and financial structuring of the combined project is zero. In order to protect national and regional interests, the State of the Republic of Congo invoked articles 62 and 91 of law n ° 4-2005 of April 11, 2005 and of the implementing decree of the code of 2007. Minor to obtain said permits withdraw from Sundance and company. Mass is therefore said. These trials and other actions in the national and international press will not change anything."
Source:
https://www.cameroonmagazine.com/actualite-internationale/afrique/mines-de-fer-au-cameroun-la-sangha-mining-au-centre-dune-cabale-honteuse/
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