Phoenix Mining manoeuvres in Yaoundé to relaunch Nkamouna cobalt project

A sign indicating to passers-by that they are entering a mining concession is pictured on 25 March 2010 in Nkamouna forest.
A sign indicating to passers-by that they are entering a mining concession is pictured on 25 March 2010 in Nkamouna forest. © STR / AFP
Phoenix hopes to charm the Cameroonian authorities - and in particular the state investment firm, which holds a 39.5% stake in the Nkamouna project - in order to get authorisation to start building the mining infrastructure in January. It plans to collaborate with the Chinese companies Sinohydro and ENFI. [...] (540 words)
Issue dated 06/10/2022 Reading time 3 minutes
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