22 JANUARY 2013fr.starafrica.com
Bauxite mining in Cameroon to start between 2018 and 2019
Edited by : AL CIRCLE
1 min read
Negotiations for ore mining, says the source, "continued normally" between the government and Emirati companies Dubal (UAE, 45% of the capital), Hindalco (India, 45% of the capital) and Hydromine (United States, 10% of the capital).
The government has awarded two exploration licenses to operators since 2008, and the signing of the Mining Convention is scheduled for June.
The period before the start of bauxite, we learn, should allow the construction of a service by the railroad to transport the ore, the development of a port terminal at Kribi (south), the erection of an open pit mine and an alumina refinery.
Potential of both deposits and Minim-Martap Ngaoundal production is estimated at 554 million tonnes for an operating life of 75 years.
The government has awarded two exploration licenses to operators since 2008, and the signing of the Mining Convention is scheduled for June.
The period before the start of bauxite, we learn, should allow the construction of a service by the railroad to transport the ore, the development of a port terminal at Kribi (south), the erection of an open pit mine and an alumina refinery.
Potential of both deposits and Minim-Martap Ngaoundal production is estimated at 554 million tonnes for an operating life of 75 years.
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