At close of CIMEC 2024: Prof Fuh Calistus sells Cameroon’s mineral potentials, seals deal to develop mining strategy.

It held under the theme: “The transition from geological potential to mining and production as means of enhancing economic growth in the sub-region”.

The three-day event coincided with the meeting of OACPS ministers of mines.

CIMEC was marked by exhibition, roundtable discussions, presentations, sealing of partnership deals and award of prizes. 

Closing proceedings of the mining convention, the Interim MINMIDT boss, Prof Fuh Calistus Gentry, appraised the intensity, constructiveness and bright prospects for Cameroon's mining sector, which characterised the fourth edition of CIMEC.

He then expressed gratitude to the different stakeholders for their contribution and active participation that made CIMEC a success.  

“We have listened with great interest to the various presentations and we take note of all the recommendations made during the CIMEC-2024 discussions, which focused on the development of Cameroon's mining potential, the challenges to be met in financial terms and the crucial issue of the industrialisation of this very important sector for the structural transition of our economy,” Prof Fuh mentioned. 

He reiterated the need for all to shoulder the responsibility of implementing the recommendations during the different deliberations as well as investing to develop the mining sector.

The minister equally announced that government and the European Union have had an understanding to sign a Memorandum of Understanding to develop Cameroon's national mining strategy. 

He also insisted that through CIMEC, Cameroon has positioned itself as the centre for financial negotiation for mining projects in Africa.

Award of prizes 

The highpoint of the closing ceremony was the award of distinction to some deserving companies for outstanding performances during CIMEC.

The first prize, plaited in diamond, was awarded to the Cameroon Mining Company, CMC, as recognition for its best innovation in the fair while the best stand award went to the Cameroon Mining and Alumina Company, CAMALCO SA. 

Also, Canyon Resources SA grabbed a Special Jury Prize for its branding and sponsoring impetus to the fair.

Meanwhile, Diplomas of Excellence were awarded to National Mining Corporation, SONAMINES; Sinosteel Corporation; G. Stones Resources and CAMINCO SA. 

Partnership deal signed 

The closing ceremony was also marked by the signing of a partnership deal between the government of Cameroon and China Harbour Engineering Company, CHEC. 

The convention was signed on behalf of government by the interim mines minister, Prof Fuh Calistus, while the Director General of CHEC signed for his company. 

The company provides infrastructural construction, engineering, dredging, roads and bridges constructions.