Saturday, January 22, 2011

Cameroon diamond deposits may achieve world class

Cameroon-industry, mining industry and technology development Division 29, confirmed that the Eastern Province of Cameroon, MOBILONG diamond-mining areas of diamond total may reach 7.36 million carats of global diamond, consumption of 5 times.

Head of the Department for industrial and mining of Cameroon stated that this data is Korea's cooperation with Cameroon C & K MINING company Korea expert exploration work conducted recently submitted after the estimated number of potential reserves, the actual storage required further exploration party can be drawn.

C & K MINING company in 2007 MOBILONG mining exploration license. The company said it would before the end of the year the feasibility report, submitted in the actual data of the diamond and the estimated reserves should be more or less large numbers. If the exploitation license, the company will invest in the next 25 years 5000 billion francs (approximately US $ 1 500 francs) and development of the mine, and plans will be ore processing shipped back to Korea.

Cameroon Ministry responsible for industrial and mining enterprises, MOBILONG mineral deposits include not only the market value of a high level of diamond mines, including industrial stone. Once inside the industrialized production, the initial annual output can reach 100 million carats and create direct employment opportunities 3000 and greatly facilitate the socio-economic development in the region.

Cameroon has 50 kinds of mineral resources, many mineral deposits development potential in occupies in the world. Due to the lack of infrastructure, lack of capital and technology, many mineral deposits can only continue to be buried deep under the ground. According to the Cameroon Tribune "reported that only 40% of Cameroon's deposits into the exploration stage, ore trading only UC 0.13% of gross national product (GNP).

No comments:

Post a Comment