korea to build railway from mbalam..., page-5

And here's some more...

I think this article has been translated from French to English, but I'm sure you'll understand it.

http://www.africanfinancialmarkets.com/front-news-detail.php?NewsID=114654

The delegation of Korean businessmen residing in Cameroon intends to invest in mines and hopes to build a laboratory in the field. The Korean company Posco has the ambition to contribute to the development of Cameroon's economy by investing in mining. Joon-Yang Chung, the CEO of that structure, was revealed last Tuesday during a hearing Badel Ndanga Ndinga, Minister of Industry, Mines and Technological Development. Size precision of minister of Cameroon at the outset to his host: "The mining sector in Cameroon has been operating at 40% and 60% undeveloped. 15% of iron Mbalam will be processed locally.

Particularly interested in the project's operating Mbalam iron, the company also Posco will invest in bauxite and cobalt that the basement is full of Cameroon. For that, she plans to build a national laboratory of mines for the training of geologists. In addition to mining development, Joon-Yang Chung, who was flanked Kim Eun-Seok, Korean ambassador in charge of resources and energy, said the Cameroonian authorities that his company, in addition to capacity building, business is willing to engage in the construction of the port of Limbe and deploy in other areas such as agriculture, roads and railways.

Established for over forty years, the company Posco, according to its leaders, has extensive experience in energy, cement and steel. One million tonnes of ore at its inception, it is already approaching today's 33 million tonnes of production per year. It can boast of having made a substantial recovery of the Korean economy which at the time had no resource. Bench, Badel Ndanga Ndinga handed the CEO of Posco apply for funding for a feasibility study of a processing of iron and steel. Previously, the Korean delegation was received by Louis Paul Motaze, Minister of Economy, Planning and Land Use. Exchange in which parties and Korean Cameroon discussed the business opportunities offered by Cameroon.