Mining Other
Posted By OrePulse
Published: 02 Dec, 2025 08:02
Saudi Arabia launches bidding for 13,000 sq km mineral exploration licences
Saudi Arabia opened a bidding round for three mineral exploration licences across a 13,000 square km area, the Industry and Mineral Resources Ministry said in a statement on Monday, as the kingdom accelerates efforts to tap deposits estimated at 9.4 trillion riyals ($2.50 trillion).
The licences cover newly defined belts in the regions of Madinah, Makkah, Riyadh, Qassim and Hail, including areas prospective for gold, silver, copper, zinc and lead.
($1 = 3.7527 riyals)
Related Articles
Endeavour announces transaction in own shares...
10 Sep, 2024 07:27
Ivanhoe Mines Announces MOU with Government of Zam...
10 Sep, 2024 12:24
Feasibility Study on Lumwana Super Pit Expansion E...
12 Sep, 2024 14:21
Endeavour achieves commercial production at BIOX e...
13 Sep, 2024 08:20
Roscan Gold Announces Changes to the Board of Dire...
16 Sep, 2024 10:40
Minerals Council pays tribute to Pravin Gordhan...
16 Sep, 2024 12:17
Notification of an acquisition of beneficial inter...
18 Sep, 2024 08:39
Newmont on track to get at least $2 billion from a...
18 Sep, 2024 10:49
UAE firm plans to invest $500m in Tanzania...
19 Sep, 2024 08:37
SkyJacks elevates innovation at Electra Mining Afr...
19 Sep, 2024 09:32Trending News
Logistic Other
How Africa’s logistics landscape will evolve in 2026?...
16 Jan, 2026 12:29
161 min read
Logistic Other
Middle East air cargo is outperforming global markets...
16 Jan, 2026 12:23
152 min read
Energy Other
Saudi Aramco and Commonwealth LNG sign long-term supply deal...
16 Jan, 2026 12:18
158 min read