Mbe Gold: Oriole Sells a Royalty for 686 Million FCFA After Resource Increase to 1.66 Million Ounces
Author: Investir au Cameroun PublicationPublished on: September 21, 2026Country: Cameroon
Business & Economy

British mining company Oriole Resources announced the sale of its 1.2% royalty on the Muratdere project in Turkey for 1.2 million USD, approximately 685.6 million FCFA. This operation aims to strengthen its financial resources for its Mbe gold project, which now has 1.66 million ounces of inferred resources. Oriole has already received 400,000 USD and expects two additional payments of 400,000 USD each by September 2027.
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