7, February 2021
Doing Business with Africa’s Hitler: Is Oriole Resources on to something in Cameroon? 0
For all intents and purposes, Cameroon is not known as a key mining destination. However, I believe that AIM-listed Oriole Resources’ first mover advantage could unlock the country’s true gold potential.
Last week Oriole received five new exploration licences in central Cameroon via its 90%-owned subsidiary, Oriole Cameroon. The licences, together with a further three new licences granted to Oriole’s partner, Reservoir Minerals Cameroon.
This represents a contiguous, district-scale land package covering 3,592 km2 of gold-prospective terrane in central Cameroon. The licences have an initial three-year term of a possible total nine years tenure.
Oriole is already involved in more advanced exploration programmes currently ongoing at the Bibemi and Wapouzé projects in the north of the country. Now, the new licences will expand the company’s operational base in Cameroon.
Favourable signs of promise
Oriole’s CEO, Tim Livesey, said, “As first movers in Cameroon, and with further advanced exploration ongoing at our Bibemi and Wapouzé projects in the north of the country, we are extremely pleased to have received formal approval for these additional new licences.
“Based on our in-house prospectivity analysis in 2019, this district-scale grassroots licence package was identified as having significant potential to host orogenic-type gold mineralisation. Key geological attributes of the district include suitable host rock geology, a favourable structural location covering deep crustal structures, and historic evidence of gold mineralisation. We believe that this contiguous package of nearly
3,600 km2, offers exciting Greenfield potential and we look forward to commencing our first-pass exploration programmes during the first half of the year.”
Cameroon’s mineral potential remains vastly untapped. These resources include gold, bauxite, cobalt from lode deposits, granite, iron ore, nepheline syenite, nickel, and rutile. For decades mining has never been a key area of focus. Positively, now green shoots are starting to emerge as companies are looking to start mining in the country.
Oriole’s current position puts it ahead of the curve and I will be closely watching developments unfold in the coming months. Could Oriole be the key that finally unlocks the country’s true gold potential?
Source: Mining Review



















24, February 2021
EU ‘yellow cards’ Biya regime over lack of action on illegal fishing 0
Cameroon could lose its access to the lucrative European Union seafood market due to the government’s failure to tackle illegal, unreported, and unregulated (IUU) fishing.
The European Commission has put Cameroon on notice by issuing the country a “yellow card,” which is a formal warning that could lead to a total ban on seafood exports from the country to the E.U.
Cameroon, the commission said, has so far failed to abide by agreed standards “under international law of the sea as flag, port, and market state.”
The commission identified a lack of a robust registration policy for fishing vessels to operate under its flag, and insufficient attempts to ensure efficient and adequate control over fishing activities carried out by vessels flying the country’s flag, key constraints in Cameroon’s involvement in the fight against IUU.
According to the Environmental Justice Foundation (EJF), Cameroon is notorious in offering a “flag of convenience” to fishing vessels operating illegally with minimal monitoring and enforcement hence facilitating illicit marine seafood harvest “by making it hard to identify and take action against boat owners.”
“We very much welcome the European Commission’s decision to warn and initiate a formal dialogue with Cameroon,” EJF Executive Director Steve Trent said.
Trent said illegal operators using Cameroon’s flag of convenience abetted illicit fishing that “undermine any attempts to manage fisheries sustainably and push fish populations to collapse, threatening food security and livelihoods in many regions.”
He commended the European Commission’s use of the carding system, which he said is a “powerful tool against flags of convenience and has helped several countries such as Togo, reform dramatically.”
The preference of Cameroon as the source of the flag of convenience has been linked to laxity in government, with EJF’s previous findings showing at least a third of vessels, now sailing under the country’s flag, were adopted “only recently, in the last two to three years, despite having no obvious link with the country.”
The country’s fishing capacity is now nine times larger than it was before 2018, according to the EJF.
“Sustained commitment to progress is needed from all countries if we are to succeed in ending illegal fishing and once again the European Union is leading the world in this commitment,” Trent said.
Previously, FAO had observed emergence of a small industrial fleet “consisting primarily of shrimp trawlers, which are however often operated in joint venture with distant fishing nations.”
Despite nearly 50 trawlers greater than 24 meters having been reported way back in 2009, FAO says there are no reliable recent figures reported.
By 2015, a total fleet of 12,700 vessels was reported with 4,000 unpowered and 7,200 powered vessels, all under 12 meters, according to the FAO. An estimated 239,000 metric tons (MT) of fish was caught at the time, with 75,000 MT from inland waters and 164,000 MT from marine waters. More than 65 percent of the total catch is small pelagics.
Source: Seafoodsource.com