Cameroon Pledges Transparency On Mining To Earn Full EITI Membership -Min
2011年5月4日 - 9:30PM
Dow Jones News
In its bid to gain full membership to the Extractive Industries
Transparency Initiative, the Cameroon government has pledged to
comply with the body's obligations, essentially more transparency
in its mining and oil sectors, the country's minister of Finance,
Essimi Menye told Dow Jones Newswires Wednesday.
Since its affiliation to the Oslo-based mining watchdog in 2005,
Cameroon has been confined to the status of observer, despite its
hunt for full membership.
An EITI delegation visited Cameroon to encourage it to meet
transparency requirements that can enable it be considered for full
membership by the body's next meeting in June.
The delegation, led by the organization's envoy Tim Bittinger,
asked Cameroon to do more extensive "publication of data on its
extractive industries".
Menye responded by saying Cameroon has already published three
reports "since we joined the EITI in 2005...But it seems there's
been discrepancies because the volume and figures of our report
were produced in French [and] our report contained information on
companies which had agreed to work in Cameroon, but had not become
operational."
Australia's Sundance Resources Ltd.(SDL.AU), Colorado-based
Geovic Inc. (GVCM), and aluminum smelter Rio Tinto PLC (RIO) are
among the major operators in Cameroon's mining sector.
-By Emmanuel Tumanjong; contributing to Dow Jones Newswires;
+237-9655-6261; tnuel@yahoo.com
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