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Saudi Arabia invites bids for 13k sq. km of strategic mineral exploration...
03 Dec, 2025 09:09 113 min read
Saudi Arabia has launched a new bidding round for three mineral exploration licenses spanning 13,000 square kilometers across key regions, targeting deposits of gold, copper, silver, zinc, and nickel. This initiative, part of the Vision 2030 economic diversification plan, uses a transparent, automated process where qualified bidders will compete in an auction based on proposed exploration spending. The competitive licensing system has already significantly increased private investment in the sector, with further support available through government incentive programs.... More