Mining

The Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, recently convened with Mohammed Ahmed Al-Shehhi, the chairman of the Arab Mining Company, in Jordan. Their talks centered on enhancing collaborative efforts within the mining industry. The discussions, which also included the vice minister of mining affairs, Eng. Khalid bin Saleh Al-Mudaifer, aimed to maximize the rich mining...

Saudi Arabia is at a pivotal point, ready to leverage its substantial mineral resources to diversify its economy. This strategic move is in line with the country's Vision 2030, which aims to foster sustainable development and a future driven by technology, marking a shift towards economic diversification.In the past, mineral exploration relied heavily on fieldwork, geophysical surveys, and geological studies....

Saudi Arabia is advancing its mining sector's workforce expertise through a novel pact signed by the Human Resources Development Fund. This collaboration with the Saudi Arabian Mining Co., or Ma'aden, is set to enhance human capital within the industry. The memorandum of understanding underscores a shared ambition to foster human capabilities, consistent with Saudi Arabia's Vision 2030 goals of enabling...

In a remarkable shift within its economy, Saudi Arabia's non-oil sector has eclipsed the 50% mark of the nation's GDP for the first time in 2023. It surged from a 47.4% share in 2015 to 51.7% over the span of eight years.Following the inception of the 'Vision 2030' program in 2016, the Kingdom has undergone substantial advancements, leading to the...

The Kingdom of Saudi Arabia is set to bolster its mining sector, with anticipations of burgeoning investment opportunities earmarked for 2024.In the sector's fifth exploration phase, attention will be centered on six distinct sites, where the focus will be on unearthing gold, copper, and zinc, covering an expanse of 940 square kilometers.Abdulrahman AlBelushi, the Assistant Deputy Minister for Mining Enablement...