Mining sector: Challenges of the 4th edition of Cimec

Under the very high patronage of Paul Biya, President of the Republic of Cameroon, the city of Yaoundé will host the 4th ^edition of the International Convention of Mines and Exhibitions of Cameroon ( Cimec ). The theme chosen this year is: “Transition from geological potential to the production of mining deposits as a means of strengthening economic growth in the sub-region”. This event, according to Fuh Calistus Gentry, aims to be a platform for the exchange and negotiations of international reference in the mining sector, like the Indaba Fair in South Africa and the PDAC in Toronto Canada.

During a press conference yesterday, February 15, 2024, in Yaoundé, the interim Minister of Mines, Industry and Technological Development specified that Cimec 2024 will bring together an audience of national and international investors, professionals of mining, and those in related trades.

Present the new status of Cameroon as a mining-producing country

“The event that we are organizing aims firstly to present the new status of Cameroon as a mining-producing country since 4 mining projects have started in 2023. Secondly, we want to make Yaoundé a new center for negotiating financing for mining projects about its assets which are: its strong mining potential, the bilingualism of its population, and its unique and privileged geographical position. Thirdly, during this event we will present the opportunities available in the Cameroonian mining sector,” explains Fuh Calistus Gentry.

As joints during this event, symposiums and round tables on the different financing mechanisms in the mining sector are planned, among others.