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UAE firm explores for gold in Yemen

posted on 14/09/2010: 2844 views

The Thani Dubai Mining Company, a UAE firm, is exploring for gold in the Hadramout and Hajjah provinces in Yemen.

The company has dug over 80 wells in 15 sites in the Madan Valley, has collected over 8,718 rock samples and is preparing for a preliminary assessment of the ore, the Yemen News Agency (Saba) said, quoting the Geological Survey and Mineral Resources Board (GSMRB) of Yemen.

A report issued by GSMRB pointed out that the company carried out drilling of 15 sites in Notisha area and gathered about 7,952 samples.

The report indicated that the company has started explorations in Al Maslama area.

It made a limited exploration in Shars Valley, such as interpretation of satellite images and preparation of a detailed geological, mineral and synthetic map for the Al Harirah area.

The report noted that the company discovered new mineral zones in the areas of Barak and Shars 2 in Hajjah province. It has also drilled more than 15 exploratory trenches and collected 2,000 samples for analysis.

Thani Dubai Mining Company is a subsidiary of Thani Investments, a large privately owned business in the UAE. It was established in 1997 and is operating in eight countries in areas of oil and gas, property development, mining and trade. – Emirates 24|7


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