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Infos Business of Thursday, 12 May 2016

Source: businessincameroon.com

Memve’élé dam area:Gov’t approves mining exploration

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The Cameroonian government has just awarded to the group of consultancy firms made of Geovectorix and Cider Services, a mining exploration contract covering the catchment area of the future Memvé’élé dam, under construction in the South of the country.

These exploration activities for which the group of consultancy firms will earn a total of FCfa 292.5 million, we learn in a communiqué issued by the government, will take place over a maximum period of six months

Geovectorix is an engineering firm registered in Cameroon, whose services are essentially focused on mining geology, cartography and space technologies. The mining exploration authorised in the areas covered by this energy infrastructure is probably meant to identify the ores which could be present in the area, in order to launch a salvage operation before the commissioning of this dam scheduled for June 2017.