The mining sector in Saudi Arabia is witnessing growth and development with more investment opportunities expected to be proposed in 2024. Six locations will be the targets of the fifth round of exploration. They include gold, copper and zinc and span an area of 940 square kms. Assistant Deputy Minister for Mining Enablement at the Ministry of Industry and Mineral Resources Abdulrahman AlBelushi told Asharq Al-Awsat that the ministry has granted over 500 exploration licenses.
RIYADH: The consortium of Moxico Resources and Ajlan & Bros. won the license for the exploration of Saudi Arabia’s Al-Khunayqiyah mining site project, where zinc and copper deposits are estimated at around 26 million tons, the Ministry of Industry and Mineral Resources said on Wednesday. The ministry awarded the license for SR252 million ($ 67 million) after a four-day
JEDDAH: The exploration license for Saudi Arabia’s Al-Khunayqiyah mining site project which spans 353.8 sq. km. will be rewarded next week, a top official said. In an exclusive interview with Arab News, Abdulrahman AlBelushi, head of the Mining Strategy Department at the Ministry of Industry and Mineral Resources, said the multi-round auction for licensing will begin on Sept.
Future Minerals Forum: Saudi Ministry of Industry and Mineral Resources announces landmark Licensing Round einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.