Yemen to export first zinc, lead shipment in 2010
The Source: sabanews.net - 05/09/2009
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Yemen is expected to export the first shipment of zinc, lead and silver in 2010, the Geological survey and Minerals Authority (GSMA) reported on Saturday. The GSMA said that a mining project at Nahm area of Sana'a province would provide several direct and indirect jobs to Yemenis, noting this project is one of the main strategic projects in the field of minerals in the country.The percentage of the project implementation is 50 percent and it is expected the construction works of the project would be finished by the end of 2009.In a press release, the GSMA said that the Yemeni government's economic strategy had allowed investment companies to work in this field, offering a wide range of facilities to investors. The oil and minerals resources increased up to 60 percent over last two years.Till 2008, the number of companies working in the field of mining in Yemen reached 24 companies while mining institutions reached 2065 and Yemeni labors working in this field reached 11,800.Furthermore, the GSMA revealed that the government had decided to review the necessary information of geological and mineral studies made in 1980s by international geological missions, including Germany and Czech missions, in the two Yemeni provinces of Shabwa and Abyan.The 200 km square survey had divided the two provinces to 20 blocks in order to promote the mining companies to invest them.The government is ready to make a study of zinc and lead mineralization at Sadarah and Ya'buth areas of Shabwah province as well as an exploratory study for minerals and rocks in Maharah province, east of Yemen.The GSMA pointed to the explorations of copper and nickel in the two northern Yemeni provinces of Hajjah and Amran are continuous.Yemen is featured by its great potentials of minerals and even more encouraging is the accessibility of exploiting these options.Along with Yemen's strategic position in relation to big international markets, geological studies have confirmed that Yemen is rich with various natural elements: silver, platinum and uranium.There are also indicators showing the availability of gold, copper, iron, titanium and minerals ores.Over and above, there are constructional and decorative rocks which could be exploited and manufactured to produce cement, bricks, paints, etc.
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