GOLD ORE AND PLATINUM ORE DISCOVERED

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 11, 2011 -- GMSuppliers.cm , Mining team experts have discovered huge deposits of platinum and gold ore in the highlands of kambe found in the North West Region of Cameroon.
This deposits have been calculated to make up about 500 000 MT - 1000000MT of both products all negotiations have been met and GMSuppliers have been giving rights to carry on with mining

Over thirteen gold mining companies together with stakeholders and administrative officials plan to get together on May 24 in Bertoua to set up the basic rules for the acceptance of a new contract. The contract is based on the yield and the value of gold mined from the region. The meeting that will be chaired by the Governor of the East Region, Lele L’afrique Tchoffo, is in accordance with the setting up of “Operation Gold” which is directed towards enhancing Cameroon’s gold reserves at the Bank of Central African States, BEAC with at least 70 per cent production.

According to Paul Ntep Gweth, Coordinator of the Small-scale Mining and Promotion Framework Unit, CAPAM, the place of the old contracts that are related to the principle of monthly flat rate payments will be taken by the principle of production and value sharing which promises more advantages for small-scale miners, technical and financial participants, mining companies, administrative and local stakeholders, as well as the government.

Gold ore     Platinum ore