Agreement on minerals exploitation signed [Archives:2005/888/Local News]

SANA'A- Oct. 25- Rituals of signing the first investment agreement on the exploitation of metal minerals in Yemen took place at the Ministry of Oil and Minerals.

The agreement was signed by the General Authority for Geological Surveys and the British Company Zinc Aux and its partners for exploiting the metals of zinc and lead in different parts of the country, where minerals are available.

In a statement to the 26 September net, Ismail al-Junaid, Chairman of the General Authority for Geological Surveys said under the agreement, the company will inaugurate the first project for exploiting minerals in Yemen.

The government of Yemen will be represented by Dr. Ismail al-Junaid, Chairman of the authority while Mr. Mike Foster is the representative of the British company.
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