Yemen is to export the first shipment of zinc and silver by the beginning of 2010, a source at the General Board for Survey and Geology said on Thursday.
The first quantities will be produced at the Sulb Mountain in Nehm area, 110 km northeast of the capital, Sana'a.
50 percent of the Zinc and Sliver Plant there has been completed so far, and construction works would be completed by 2009.
The project is deemed a milestone in the mining sector which grew by 6 percent over the last two years.
About 24 companies are working on mining in Yemen providing jobs for 11.800 people, recent studies reveal.
More efforts are exerted by the authorities to improve the sector and increase mining sites, with studies being conducted in association with specialized foreign companies.
Source: Yemen Post
Showing posts with label yemen. Show all posts
Showing posts with label yemen. Show all posts
Saturday, September 5, 2009
Thursday, April 16, 2009
Northbridge Subsidiary Wins Yemen Zinc Contract
Northbridge Industrial Services Plc said its Middle East unit received a $2.9 million rental contract from Jabal Salab Co Ltd, which owns exploitation and development rights to the Jabali zinc deposit in Yemen.
The contract has a 12-month minimum service period of hire of equipment and is renewable after that period, the company, which hires and sells specialist industrial equipments, said on Thursday.
Northbridge said it would supply and maintain generators, transformers and associated equipment for the Jabali Zinc project under the contract, which is expected to start in September.
"Winning this contract represents an important successful step in Northbridge's objective of becoming a key supplier of specialised rental services in the Middle East," Chief Executive Eric Hook said in a statement.
Jabal Salab, whose majority shareholder is zinc producer ZincOx Resources Plc, has a 20-year exploitation agreement with the government of Yemen for zinc oxide deposit located 110 kilometres north east of Sanaa.
Source: Reuters
The contract has a 12-month minimum service period of hire of equipment and is renewable after that period, the company, which hires and sells specialist industrial equipments, said on Thursday.
Northbridge said it would supply and maintain generators, transformers and associated equipment for the Jabali Zinc project under the contract, which is expected to start in September.
"Winning this contract represents an important successful step in Northbridge's objective of becoming a key supplier of specialised rental services in the Middle East," Chief Executive Eric Hook said in a statement.
Jabal Salab, whose majority shareholder is zinc producer ZincOx Resources Plc, has a 20-year exploitation agreement with the government of Yemen for zinc oxide deposit located 110 kilometres north east of Sanaa.
Source: Reuters
Monday, February 23, 2009
Foundation Stone Laid At Yemen Zinc Mine
The Yemen Prime Minister Ali Mujawar laid the foundation stone on Monday for a zinc mine in the Sulb Mountain in the Nehm area of the country. It is Yemen's first mine and is being built at a cost estimated at $200 million.
The Yemeni Authority for Geological Survey and Mineral Resources Board Ismael al-Janad and the director of the company which will carry out the project said that output could reach 80,000 tons per annum and the project will provide 400 jobs.
They indicated that the project would include the construction of 400 housing units and that the first shipment of Yemeni zinc would be exported in middle of next year.
Mr Mujawar indicated that the government put great store on this project in developing mineral industries in the area of Jawf, Mareb and Shabwa.
He said that any security violations would lead to a halt in the project and a negative effect on the future of investment in the mineral field. Yemen's mineral wealth was still a prime choice for developing the national economy.
The Jabal Sulb Company Limited began studies in the area in 1999.
The Yemeni Authority for Geological Survey and Mineral Resources Board Ismael al-Janad and the director of the company which will carry out the project said that output could reach 80,000 tons per annum and the project will provide 400 jobs.
They indicated that the project would include the construction of 400 housing units and that the first shipment of Yemeni zinc would be exported in middle of next year.
Mr Mujawar indicated that the government put great store on this project in developing mineral industries in the area of Jawf, Mareb and Shabwa.
He said that any security violations would lead to a halt in the project and a negative effect on the future of investment in the mineral field. Yemen's mineral wealth was still a prime choice for developing the national economy.
The Jabal Sulb Company Limited began studies in the area in 1999.
Thursday, January 8, 2009
China-Yemeni JV Steel Plant Now Under Construction
The Chinese-Yemeni Steel Company 'Star' has already started the construction of the first steel plant in the industrialized zone in Hudaida province.
The project which would be implemented in three phases will cost $75 million.
The company started in November; implementation of the first phase of the project included the setting the plant's concrete base and a residential complex that covers 194,000 square meters, director of the Industrial Zone in Hudaida, Abdullah al-Bukari said.
The cost of the first phase is estimated at $25 million and the plant will produce 200,000 tons of steel a year during this phase.
The project would be launched officially in May providing jobs for 300 Yemenis and 100 foreigners.
The 13 megawatt-electricity station which would be used to operate the plant will arrive in Yemen this month.
At the second phase of the project, the plant will produce 400,000 tons of steel a year and by 2010 after the three phases of the project complete the plant is expected to produce 1 million tons annually.
If the project is deemed a success, other Yemeni-Chinese companies would be set up that will produce foods, phones and electronics, Chinese executive director of the project Yang Shumen said.
The Yemeni-Chinese Steel Company, in which China holds 80 percent, obtained in July a license to establish the plant at the Industrial Zone in Hudaida province.
The project which would be implemented in three phases will cost $75 million.
The company started in November; implementation of the first phase of the project included the setting the plant's concrete base and a residential complex that covers 194,000 square meters, director of the Industrial Zone in Hudaida, Abdullah al-Bukari said.
The cost of the first phase is estimated at $25 million and the plant will produce 200,000 tons of steel a year during this phase.
The project would be launched officially in May providing jobs for 300 Yemenis and 100 foreigners.
The 13 megawatt-electricity station which would be used to operate the plant will arrive in Yemen this month.
At the second phase of the project, the plant will produce 400,000 tons of steel a year and by 2010 after the three phases of the project complete the plant is expected to produce 1 million tons annually.
If the project is deemed a success, other Yemeni-Chinese companies would be set up that will produce foods, phones and electronics, Chinese executive director of the project Yang Shumen said.
The Yemeni-Chinese Steel Company, in which China holds 80 percent, obtained in July a license to establish the plant at the Industrial Zone in Hudaida province.
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