Alentejo: EDM hires mining investment 7,6 billion for the region.
Project, to accomplish in the next three years, It targets an area rich in precious metals such as gold.
The Mining Development Company EDM-sign tomorrow a contract prospecting and research that ensures investment 7,6 million, to accomplish in the next three years, Alentejo.
At issue is the development "studies, research and surveys to determine the potential of each of the areas for mining, investment that can evolve to the socioeconomic development of various municipalities of the Alentejo region ", the company said in a statement.
The signing of the joint development of protocols between the EDM and the ENSA - the company Eczacibasi Group - will be attended by the Secretary of State for Energy, insurance Sanches.
The aim of the Contract is the Iberian Pyrite Belt. It is a wide geographical area in the south of the Iberian Peninsula with about 250 kilometers long and 30 a 50 kilometers wide, Alcazar extending from Sal to Seville, rich in copper, zinc, lead and some precious metals like gold and silver.