Title: Yemen: Mining, Minerals, and Fuel Resources
Headings: Yemen: Mining, Minerals, and Fuel Resources
Yemen: Mining, Minerals, and Fuel Resources
Overview of Resources
Metals
Industrial Minerals
Fossil Fuels
Investment
Sources and Further Reading
G.P. Thomas
Citations
Tell Us What You Think

Content: The value of natural gas and crude oil increased by 43% to about $6.4 billion in 2010 from $4.4 billion in 2009. Government revenue from the country’s oil and gas industry amounted to $2.75 billion in 2010, compared to $1.96 billion in 2009. Metals
Several companies have been allowed to explore the gold deposits in Yemen. Cantex Mine Development Corp. of Canada continued drilling at the Al Hariqah deposit in 2010. Thani Duabi Mining of the United Arab Emirates has found gold deposits in the Wadi Sharis/Hajjah area, which was estimated to provide an average of 7 g of gold per ton. According to 2010 geological and geochemical surveys carried out by several foreign minerals exploration companies and the government, the country was estimated to have 40 gold and silver deposits of which the Medden area has the largest deposit of 678,000 t of gold that can yield an average of 15g of gold and 11g of silver. The Jabali zinc and silver mine owned by Jabal Salab Co. is estimated to contain 12.6 million metric tons (Mt) of oxide ore grading 1.2% lead, 18.9% zinc and 68 g per metric ton (g/Mt) of silver. The minable reserves in this mine have been estimated to be 8.7 Mt grading 9.2% zinc. In 2011, Cantex completed drilling activities in Wadi Qutabahnickel-copper-cobalt and PGM project and acquired the Suwar nickel-copper-cobalt deposit. The company has planned to complete the prefeasibility study of the Suwar by mid-2012.