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September 2019

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Gold Mining Challenges in Cameroon

The government of Cameroon has struggled with how to manage the mining in the country, primarily related to taxation of the resource. They estimate than the majority of the gold currently being mined by artisanal miners is being smuggled out of the country by traffickers who sell it in other countries to avoid paying taxes.

This challenge is not limited to artisanal miners however. Cameroon is also struggling to manage its growing mining industry and find a way to ensure that commercial mining operations also pay their share of revenue to the government.

With the vast mineral resources in Cameroon, there is great promise for the future of the country as it could grow into a major player in the gold mining industry. A steady and thoughtful growth toward a sustainable industry should have a great impact on the country over the coming decades.

new post

Gold Mining Challenges in Cameroon

The government of Cameroon has struggled with how to manage the mining in the country, primarily related to taxation of the resource. They estimate than the majority of the gold currently being mined by artisanal miners is being smuggled out of the country by traffickers who sell it in other countries to avoid paying taxes.

This challenge is not limited to artisanal miners however. Cameroon is also struggling to manage its growing mining industry and find a way to ensure that commercial mining operations also pay their share of revenue to the government.

With the vast mineral resources in Cameroon, there is great promise for the future of the country as it could grow into a major player in the gold mining industry. A steady and thoughtful growth toward a sustainable industry should have a great impact on the country over the coming decades.

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Order Gold from Cameroon Online

Great news for you. The process of ordering gold from Cameroon has been greatly cut down thanks to the persistent advocacy of some dedicated stakeholders in the gold mining and trading arena, Norman Group LTD included. Secondly, you can order gold directly online. No need for visas and coming in person. We can arrange everything for you, especially the process of acquiring a CEMAC Buyer’s Permit which is a compulsory requirement for anyone ordering gold from a CEMAC Member State like Cameroon.

Now you can order gold products such as gold nuggets, gold dore bars, gold bars and gold dust from any reputable Cameroon based registered mining company such as Bonas Gold completely online. Norman Group LTD is truly your number one partner for gold and other precious metals from Cameroon. Don’t hesitate to contact us and order gold as soon as you are ready.

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How to Order Gold from Cameroon

Ready to purchase gold from Norman Group-ltd? Not too fast. You may not be quite ready to place an order yet. Before you proceed to the order form, please read this very vital piece of information below.

A CEMAC Buyer’s Permit is required by anyone venturing into the business of buying gold and other precious metals in the CEMAC region (Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo). The CEMAC Buyer’s Permit is a license which ensures that every transaction is done, certified and verified by the government through the Ministry of Mines.

Buyers currently residing in Cameroon can apply for a CEMAC Buyer’s Permit in person at the Ministry of Mines, Industries and Technological Development at the Ministerial Building, Yaounde.

If you are not currently in Cameroon, obtaining the CEMAC Buyer’s Permit won’t be a problem at all since you can do it directly online.

The CEMAC Buyer’s Permit is valid for a period of five (5) years

The primary purpose of the CEMAC Buyer’s Permit issued by the Ministry of Mines is to authenticate the buyer and give him/her the legal right to purchase gold and other minerals in Cameroon. No authorized seller is permitted to sell to anyone who does not hold a valid CEMAC Buyer’s Permit.

Visit the download page of the Ministry of Mines, Industries and Technological Development or click on this direct like to download the CEMAC Buyers Permit Application Form.

Note: Before buying from any seller in Cameroon, please request for their seller’s license and check for its validity on the License Verification Page. If you notice that someone claiming to be a seller gave you an invalid license number, please contact us for advise on how to proceed with your engagement because such a seller may not be authentic.

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Get a CEMAC Buyer’s Permit

Get a CEMAC Buyer’s Permit

In Cameroon, a CEMAC Buyer’s Permit is issued by the government only, precisely the Ministry of Mines, Industries and Technological Developments abbreviated in french MINMIDT meaning Ministère des Mines, des Industries et des Développements Technologiques.

Since Cameroon is a CEMAC Member State, a CEMAC Buyer’s Permit is required for the purchase of gold and many other precious stones. The process of getting the permit is easy. Simply go to the MINMIDT official website, visit the permit download page and download the CEMAC Buyer’s Permit application form.

The application form is self explanatory. It contains vital information such as different permit duration and their costs. We will be very happy to help you accurately fill the form if there are some questions that do not appear very clear or obvious to you.

Although the permit acquisition is a straight-forward process, intermediaries such as representatives of gold miners, gold refineries and gold traders can apply for the permit on behalf of their clients. If a client takes advantage of this provision and allows us apply for the permit on their behalf, they will be able to cut down all intermediary costs and also considerably cut down the wait period from weeks to just a few days.

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  • How to Order Gold from Cameroon
  • Order Gold from Cameroon Online
  • Gold Mining Challenges in Cameroon
  • Gold Mining Challenges in Cameroon
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