Cameroon
Phoenix Mining makes up with Yaoundé over Nkamouna project

The US mining group and its subsidiary Geocam look set to patch things up with the National Investment Corporation of Cameroon after a period of complicated negotiations. They are now gearing up to reboot the Nkamouna cobalt and nickel project. [...]
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Cameroon
Phoenix Mining settles differences with Yaoundé so as to resume cobalt project

The American buyer of the Nkamouna mining project is working to mend fences with its public partner, the SNI, and the Cameroonian authorities, which had been damaged by the previous owner's procrastinations. After an audit by Deloitte, the firm now has to patch things up with the tax authorities and recruit a new management team.

LogoSubscribers only Mining 12.04.2023

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