Mining

The Minister of Industry and Mineral Resources of Saudi Arabia, Bandar Al-Khorayef, recently held discussions with Eduardo Bartolomeo, the Chief Executive Officer of Vale, a leading Brazilian mining company. Their conversation was centered around the potential for investment in the thriving Saudi mining industry by Brazilian enterprises.Throughout the meeting, the spotlight was on the various advantages and facilities available to...

The Ministry of Industry and Mineral Resources in Saudi Arabia has launched its most ambitious project yet, opening up an area of 4,788 square kilometres across five exploration licenses for mineral exploration, as disclosed in a recent announcement.Major global mining and exploration firms are being invited to take part in the ongoing Exploration Licensing Rounds. These initiatives are key to...

Saudi Arabia is broadening its horizons by venturing into the electric vehicle market and bolstering its standing in the global mining sector. This initiative is leading the nation's officials to explore potential partnerships in South America.The country's Minister of Industry and Mineral Resources, Bandar Alkhorayaf, is embarking on a journey to Brazil and Chile. This visit is a strategic move...

Saudi Arabia's Ministry of Industry and Mineral Resources has unveiled plans for Minister Bandar bin Ibrahim Alkhorayef to undertake a significant journey to Brazil and Chile. The purpose of this visit is to reinforce the kingdom's global position in the mining domain, with a particular emphasis on expanding investments and partnerships in this sector.The minister's itinerary in Brazil includes engagements...

In a significant stride towards economic enhancement, Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Alkhorayef, alongside Vice-Minister for Mining Affairs, Khalid Al-Mudaifer, are gearing up for a strategic visit to Brazil and Chile. Their mission is to foster stronger bilateral partnerships, draw investments to Saudi Arabia, and uncover avenues for reciprocal benefits in the realms of minerals and...

The Kingdom of Saudi Arabia's Ministry of Industry and Mineral Resources has recently disclosed the discovery of its most expansive mineral-rich zones ever. Encompassing an impressive 4,788 square kilometers, this announcement also includes the release of five new exploration permits.In a bid to catalyze the exploration and exploitation of the Kingdom's abundant mineral resources, the Ministry has extended an invitation...

Saudi Arabia has recently made a significant mark in the mining sector by uncovering its most extensive mineralized zones to date. With an impressive span of 4,788 square kilometers, the kingdom has issued five new exploration licenses, signaling a robust push to elevate its mineral resource industry—a central pillar in its economic diversification plans.A trio of these permits have been...

The Saudi Ministry of Industry and Mineral Resources has recently launched a groundbreaking program, introducing extensive mineral belts that span an impressive 4,788 square kilometers. This initiative is designed to entice a range of exploration and mining corporations from around the globe to vie for exploration licenses. As part of Saudi Arabia's strategic approach to accelerate the discovery and development...

The Saudi Ministry of Industry and Mineral Resources is currently accepting bids for the acquisition of five new mineral exploration licenses. Three of these licenses will be for the Jabal Sayid site, which encompasses an extensive 2,892 square kilometers. The site is rich in base metals such as gold, silver, copper, zinc, and lead. An additional site at Al-Hajjar, which...

The Industrial Production Index (IPI) of Saudi Arabia observed a noticeable descent, registering a 2.9 percent decline from the previous year in the month of May, as per the figures disclosed by the General Authority for Statistics (GASTAT).Marking a descend to 106.30 points, the IPI, which is calibrated against the 2021 baseline, saw a drop from the 109.45 points noted...