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.

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