Secret agreement reached between Pro-coalition government, foreign company to plunder gold in Hadramout
HADRAMPUT, Jan. 19 (YPA) – The government loyal to the Saudi-led coalition has handed over one of the districts of Hadramout province to a foreign company for gold extraction and exploration amid profound silence from “pro-coalition government”, sources familiar with the issued reported.
According to the sources, the pro-coalition government, headed by Moein Abdulmalik secretly reached an agreement with a Kuwaiti company to implement a program for exploring gold, silver, and copper in Wadi Mudan in the district of Brom Mayfa’a district in Hadramout. Most pro-coalition officials do not know anything about the secret agreement, and the company’s name.”
It was revealed that the program includes re-promoting old mines in Wadi Mudan for gold in exchange for establishing a cement factory with an investment of about $200 million in one of the southern provinces.
It should be noted that Wadi Mudan contains 21 mines excavated by the Soviet Union at the end of the seventies of the last century, including 10 productive mines with varying quantities. The reserve quantity of gold ore in Wadi Mudan and adjacent areas is estimated at about 678,000 tons with a concentration of up to 15 grams of gold in every ton of hard rocks.
The former president, Ali Abdullah Saleh, and several influential figures, including the leader of the Islah Party, Ali Mohsen al-Ahmar, and Hamid Abdullah Hussein al-Ahmar, acquired large quantities of gold and other minerals. The people of Hadramout do not benefit from them.
Furthermore, the pro-coalition government, in partnership with the head of the “Presidential Leadership Council”, is moving towards acquiring these minerals with several leaders of the UAE-backed Southern Transitional Council (STC), while the looming famine threatens the people of Hadhramaut due to the deliberate economic deterioration practiced by the pro-coalition government in collusion with the coalition countries.
Researchers in the field of geology have recently criticized the announcement by pro-STC Minister of Oil, Said Al-Shamasi, about the existence of large reserves of lithium, urging him to conduct a geophysical survey program to explore and prospect minerals in Yemen before promoting falsehoods.
E.M