There’s gold in them there hills

September 19th, 2010 by Stephen Jones Leave a reply »

A UAE mining company is currently exploring for gold mines in Yemen- seems appropriate with record gold prices – but the recent Ramadan sales in the UAE were down 15% on last year.

Thani Dubai Mining Company is exploring for the precious metal in mines in the Hadramout and Hajjah provinces in Yemen.

It has already dug over 80 wells in fifteen sites in Madan Valley and collected over 8,718 rock samples from mineralised zones and their environs, the Yemen News Agency (SABA) said, quoting the Geological Survey and Mineral Resources Board (GSMRB) of Yemen.

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