"Feel good" old news. I am always ready to help fellow man to earn a living, I mean shovel ready jobs:
•Unemployment in Portugal remained at the 15.2% level, still an historic high but stabilizing after the recent rise. In Europe, meanwhile, average unemployment rose from 11% to 11.1%, according to statistics bureau Eurostat.
Almada/EDM Nabs Gold Tender;
There were seven international companies interested in investing potential gold mines in Portugal, according to the state’s Energy and Geology Directorate. The government had announced a tender for the rights to explore and mine the Jales/Gralheira site in the central Alentejo region, and the results were announced last week. Canada’s Almada Mining, (read PTQ) in partnership with Portugal’s EDM, won the tender, forecasting investment of €66m and the creation of 100 new jobs. The Jales mines, which shut in 1992, were the last place gold was mined in Portugal. But they have a storied history dating back to Roman times, when the Tresminas mines in the same area were said to be the most important gold sites of the Roman empire, with the height of extraction in the first and second centuries AD. In addition to the Jales concession, the DGE also assigned four other mining concessions: Almada received two others for silver and other metals in Banjas, EDM another for prospecting in Aljustrel, and MAEPA for tungsten prospecting in Chaves.
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