Core Points - The Cameroonian government has established a "Mining Agreement Negotiation Framework" to safeguard national interests in mining projects [1][2] - The new framework will be funded by the national mining company and led by its current general manager, with members from various government departments [1] - The framework aims to negotiate favorable terms for the country in mining agreements, ensuring project feasibility, profitability, and compliance with mining laws [1][2] Industry Overview - The establishment of the negotiation framework follows the update of the 2023 mining law, which introduces a new allocation mechanism for mining projects [2] - The mining sector contributes 25.2% to Cameroon’s GDP, primarily driven by oil and gas extraction, while non-oil mining activities account for less than 4% [1] - The government has initiated negotiations for multiple mineral deposits and signed six mining contracts, with three already in implementation [2]