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 that 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.
