The Cameroonian government is tightening oversight in the gold mining sector to plug revenue leaks and bolster state coffers. Authorities have announced a sweeping crackdown set to launch on August 1, targeting illicit activities that have long deprived public finances of their fair share.
Under this renewed effort, officials aim to recover an estimated $680 million in tax and customs revenue from gold production projected at roughly 17.17 tonnes between 2025 and 2026. Current production figures suggest a significant gap between actual output and declared volumes—a discrepancy the government is determined to eliminate.
The crackdown reflects growing recognition that unauthorized mining and underreported production have cost the national budget dearly. To close these loopholes, authorities plan to deploy enhanced field inspections across the sector, where over 200 registered companies currently operate.