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Infos Business of Saturday, 14 May 2016

Source: businessincameroon.com

Cemac to elaborate single mining code for its member-States

CEMAC nations' leaders CEMAC nations' leaders

The Cemac Commission launched this May 11,2016, in Douala, the economic capital of Cameroon, a study for the elaboration of a single mining code enforceable in the six member-States of this community: Cameroon, Congo, Gabon, Equatorial Guinea, CAR and Chad.

This study carried out with the support of the raw materials capacity-building Project in Central Africa, financed by the German cooperation; is led by a regional group of experts specialised in mining law, in association with experts from the member-States of the Cemac.

According to the Cemac Commission, the study initiated on May 11, 2016, “will help propose, based on the mining laws already in force in the Cemac, a communal mining code project adapted to the challenges of the sub-region and the international standards in terms of transparency, environment protection …”. The final results of this study are expected at the end of this year.