Invest in Yemen - Mining


 
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Mining

Overview:

Yemen’s unique geological makeup, abundant with natural resources and mineral deposits, offers investors numerous excavation and quarrying opportunities. Proven inventories covering the country’s entire 527,970 sq km (about 203,850 sq mi) upper crust serve industrial needs through rocks and minerals such as zeolite, perlite, pumice, limestone, dolomite, silica sand, gypsum and scoria. Economic metals such as zinc, rich in Yemen, provide extensive growth potential for international mining companies seeking to invest in the lucrative field. 

Because of the sector’s relative infancy in the global marketplace, interested investors today have a significant advantage in exploiting the metallic and non-metallic reserves already identified by Yemen’s Geological Survey and Mineral Resources Board. Currently 14 firms operate in extracting those reserves, amongst them Jabal Salab Company (Yemen), Cantex Mine Development (Canada), Thani Dubai Mining (UAE) and Stone Resources (Hong Kong).

Proven Reserves:
The extensive number and measurable reserves of Yemeni rocks and minerals provide opportunities for a variety of industrial use products. Metallic mineral reserves are possibly the most lucrative, with tones of Gold, Zinc, Lead, Silver, Copper, Cobalt, Platinum, Iron and Titanium already discovered and partially mined. Non-metallic minerals, including Limestone, Dolomite and Gypsum also provide profitable investment opportunities.

Reserves of Stones and Non-Metallic Minerals in Yemen
Material
Industrial Use
Total Identified Geo-Reserves
Limestone and Dolomite
Cement, glass, dyes, iron, ceramics, caustic soda, & building
13.5 billion cu meters
Rock Salt
Table salt, glass, soap and caustic soda
390 million cu meters
Gypsum
Cement, glass, medical uses, hat insulation, adornment and decoration
4.1 billion tones
Marble
Building, adornment and decorative stones, medical and adhesive products
1 billion + cu meters
Feldspar
Insulation, glass, ceramics, plastic, rubber, soap and paint products
23 million + cu meters
Glass (silica) Sand
Insulation, glass, ceramics, polishing, plastic, rubber, soap and paint products
6 billion + cu meters
Quartz
Optical, electrical, solar cells Lemen, rubber and medical products
13 million cu meters
Clay minerals
Ceramics, cement, paper, rubber, paint and bricks
120 million cu meters
Zeolite
Detergent, light cement, provender, paper and oil filter
200 million cu meters
Basalt
Building stones, rail road pavement, cement products and pipes
121 million + cu meters
Talc
Paper, paints, cosmetics, pesticides & medical products
(number unknown)
Granite & Jappro
Sand papers, building stones and rail road pavement
1.6 billion cu meters
Black sand
Aircraft chassis, paint, ceramics and Insulators
105 million tones
Kaolin
Ceramic & paper industries, plastic, paint materials and the rubber industry
4 million + cu meters
Travertine
Stone building and decorative floor tiles
500.000 + cu meters
Volcanic Ash (Scoria )
Cement industry, concrete production, noise/heat insulation and roads, railroads pavement
1.7 billion cu meters
Pumice
Abrasive materials industry , water filtration and building
1 billion + cu meters
Berlit
Heat insulation, light cement production, soil improvement, detergents, oil absorbents, rubber glue and plastics
353 million + cu meters
Fluorite
Fluoride acid production used for steel cleaning and paint removal, uranium processing, glass and ceramics industries
720.000 cu meters
Tuffs and Ignimbrite
Ornamental stones, cement fertilizers, detergents & soap
industries, water purification
345 million cu meters

Key Strengths

In addition to its unique geological wealth, Yemen provides other key strengths contributing to its attractive mining sector. They include: 
  • Mineral deposits are located in areas near the coast, close to major ports facilitating shipping to regional and international markets
  • Mineral exploration, development and mining are governed and protected by a legal framework (Republican Law No. 24, enacted in 2004)
  • Strong global demand for metallic and non metallic deposits
  • Abundant, experienced labor collecting an income of USD $160/month

GIA can help:

Yemen’s mining sector has been largely unexploited with private investors only recently becoming aware of its great potential to global markets. GIA will help investors learn more about industry opportunities and, when applicable, establish contact with the various Yemeni institutions and associations responsible for studies such as the Yemen Geological Survey and Mineral Resources Board and the Ministry of Industry.

For further information on oil opportunities, please contact GIA's sector expert in the filed:

Name: Mr. Mohammad Al-Farzaiy
Position: Head of the Industrial Sector
Language: Arabic
Tel: 967 1 262 962 / 260 120
Fax: 967  1 262 964
Mail: mining@giay.org
 
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Sanaa, Republic of Yemen

Tel: (+967) 01 262-962 /3
Fax: (+967) 01 262-964
E-mail: info@giay.org


 
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