SANTA CLARA, Cuba (ACN): Feasibility studies are underway with a view to opening gold and zinc-copper mines in the Cuban province of Villa Clara in 2009.
The study is part of a cooperation programme between Cuba and Venezuela. "Our aim is to extend existing reserves and to start mining underground deposits by next year," said company director Argelio Abad on Wednesday.
The studies, being carried out by the Central Geo Mining Company, have an increased importance because of the raise in the price of gold and the demand for copper and zinc in the international market.
The Central Geo Mining Company had a commercial production of more than 14 million pesos in 2007. Technological renovations underway should raise the production of carbonate and other minerals. |
