Cameroon: Oriole Resources Negotiates Gold Mining Permit for Bibemi Deposit Estimated at 14 Tons

British mining company Oriole Resources is negotiating with the Cameroonian government to obtain an exploitation permit for the Bibemi gold deposit in the North region. The deposit contains approximately 460,000 ounces of gold, over 14 tonnes, including indicated and inferred resources. The first mine, valued at around 52 million euros, is expected to produce just over 2 tonnes over seven years, but the project has exceeded its initial negotiation deadline.