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RIYADH: Saudi Arabia is working to boost its mining sector by attracting investments, spreading digital and advanced technologies, and applying sustainable standards, said the Kingdom’s vice minister for mining affair at the Ministry of Industry and Mineral Resources. Khalid Al-Mudaifer is heading a Saudi delegation in South Africa, where the Kingdom seeks to explore
RIYADH: Mining firms battling it out to secure the largest exploration license in Saudi Arabia have been reduced to the final three, the Ministry of Industry and Mineral Resources has announced. Joint bids from the Kingdom’s Alara Ventures and the Tasnim Group Co.; the Saudi Arabian Mining Co.– also known as Maaden and Ivanhoe Electric Co.; and Mochico Resources and Ajlan &
Eight leading firms in mining are in the race for a licence to a mega exploration site in Saudi Arabia. This includes big names such as Canada s Ivanhoe Electric; UK s Moxico and Indian groups Essel and Vedanta in addition to local firms Maaden and Amak.