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PORTUGAL-MINING/
RTR345Z2
June 26, 2012
Workers install a drill bit before drilling for gold in the southern Portuguese town of Boa Fe April...
BOA FE, Portugal
Workers install a drill bit before drilling for gold in the southern Portuguese town of Boa Fe
Workers install a drill bit before drilling for gold in the southern Portuguese town of Boa Fe April 24, 2012. Faced with the deepest recession in three decades, record- high unemployment, a stubbornly high debt and a 78-billion-euro bailout from the European Union and IMF, Portugal is looking to turn natural riches into much needed income. The centre-right government is trying to draw mining giants to the country to extract everything from iron ore to gold, silver and tungsten in the hope of cashing in on the 4 percent of revenues it will gain from each operation. Photo taken April 24, 2012.
REUTERS/Jose Manuel Ribeiro (PORTUGAL - Tags: BUSINESS COMMODITIES)
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