Bateman BV, a Netherlands-based solutions provider to the natural resources industry, has signed a Memorandum of Understanding (MoU) with the Government of Yemen, giving the company a series of options covering deposits of zeolite, a widely-used industrial and household absorbent, and other minerals.
The new opportunities include the Wadi Madden Gold Mine, Al-Humarah nickel-copper deposits and metals and minerals deposits in the Aden Government Region in southern Yemen.
The MoU also defines and secures the company's sole and exclusive option, for a period of six months, to undertake prospecting, exploration and exploitation of the country's metals and minerals deposits, including zinc, iron, lead, silver, copper, sulphur and nickel. Bateman will produce appropriate work programs and facilitate the raising of the finance for the execution of projects.
Bateman is a privately owned company providing process-orientated engineering, specialist niche technologies, financial and commercial facilitation and contracting and project management. Markets served include mining, minerals and metals processing, ferroalloys, gas compression and crude oil refining, fertilizers and chemicals. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
