IFC BOOSTS YEMEN MINERAL EXTRACTION REGULATION
September 1st, 2006
BY KEITH NUTHALL
THE EXPLOITATION of bounteous resources of industrial minerals within Yemen is to be improved through the World Bank modernising and updating the country's undeveloped mining regulations and taxation systems. The Yemen Geological Survey & Mineral Resources Board has said that "the industrial mineral and rock potential of Yemen is particularly large and the known occurrences and deposits represent a multitude of possible uses." However, exploration, mining and quarrying have been impeded by poor regulatory controls and complex fee ...
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