Business News of Monday, 26 September 2016Source: Business in CameroonCameroon doubled its rough diamond productionCameroon doubled its rough diamond production in 2015, to approximately 6,000 caratsAccording to the Permanent Secretariat of the Kimberly Process, the production of rough diamond in Cameroon was around 6,000 carats during 2015. This production doubles the one of 2014, a year when it peaked at 3,000 carats, according to the same source. Compared to Central African countries such as the Central African Republic or DR Congo, Cameroon remains a small diamond producer. But, the country has an enormous potential, thanks to the Mobilong deposit discovered in Eastern Cameroon by the company C&K Mining. Even though the potential of this deposit has been disputed since 2010, several mining experts agree to acknowledge that Mobilong holds one of the most important diamond deposits in the world.
Source: CameroonWeb September 26, 2016 09:15 UTC