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Minerals Exploitation Contract Signed

 

OCT. 2006─ At the MOM and under the patronage of the Oil Minister, the geological survey and minerals authority (GSMA) representing the ministry of oil and minerals (MOM) and Jabil Saleb Company-Yemen Ltd represented by Zincox company, a British firm, Inssan Company, a Yemeni company, Anglo-American, signed the Minerals Exploitation Contract to utilize and develop zinc, copper and silver at Nahem district, Sana’a governorate. This was according to the authorization of the MOM by the council of ministers to pen down this contract.

On this occasion, the oil minister released a statement to the Yemeni Saba Agency saying, “This contract is extraordinary in the mining sector because its purpose is to open the first mine for extracting zinc, copper and silver in Yemen. Adding that the signing of the contract is a good omen and a practical initiative, he expressed his great expectation to achieve more of such objectives and meaningful activities especially in utilization minerals which Yemen prides itself with.

In addition, such accomplishments and programs are part of the great orientation of the leadership to affect this sector as means of enhancing the intended economic and development mobilization.

The contract was penned down by Mr. Khaled Behah, Oil Minister, and Dr. Isma’eel Aljunaid, GSMA chairman, representing the Yemeni MOM and Mr. Brite James Great, Jabel Saleb Companyh GM and Hayel Abdulhaq.

 

 

 

 

 

 

 

 

         
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