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SADR grants exploration rights to mining companies

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Birlehlu (Liberated Zones), 27 June 2015 (SPS) - The Sahrawi Arab Democratic Republic (SADR) is currently in talks with three mining companies- Russian, Polish and Spanish – on granting them exploration rights on the liberated Sahrawi zones, according to Africa Intelligence. 

 

The talks are being conducted on the Sahrawi side by the Petroleum and Mining Authorities (PMA) following SADR’s decision a few months ago to manage mining resources in the liberated zones.

 

Last October, the Sahrawi government awarded seven exploration licenses to Australia’s Hanno Resources.  

 

The soul is thought to contain huge amounts of gold, silver, iron ore and other base metals as well as uranium, diamonds and even rare earths, added the source. (SPS)

 

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