Mining

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...

Royal Road Minerals, through its 50% stake in the joint venture Royal Road Arabia, has triumphed in a highly competitive bidding round, securing the Al-Miyah copper and gold exploration area located in Saudi Arabia. This area is composed of three adjacent exploration licenses in the Asir Province, approximately 150 km northwest of Royal Road's existing Jabal Sahabiyah project.Royal Road Arabia...

SGS has embarked on a transformative journey in partnership with Golden Compass, a premier exploration and mining consultancy in Saudi Arabia, to establish a sophisticated geochemistry laboratory in Jeddah, targeted to commence operations by the end of 2024. This alliance is set to significantly advance the mining sector in the country by providing unmatched sample processing and geochemical testing services.The...

The Al-Miyah zone, encompassing an expanse of nearly 234 square kilometers, is composed of three adjoining exploration concessions.In a significant move within the mineral exploration industry, the Saudi joint venture Royal Road Arabia has successfully clinched the Al-Miyah copper and gold tender area situated in the Asir Province of Saudi Arabia.The venture has been granted exploration rights over the expansive...

It has been announced by Tim Coughlin that Royal Road Minerals, a company traded on the TSX Venture Exchange under the symbol RYR, and its Saudi Arabian joint-venture company Royal Road Arabia, have been triumphant in a recent competitive Licensing Round. They have secured the rights to the Al-Miyah copper and gold tender area, comprising three Exploration Licenses in the...

Saudi Arabia, renowned as the top global oil exporter, is now venturing into lithium production investments in Latin America. This strategic move aligns with the nation's ambition to become a prominent force in the electric vehicle (EV) manufacturing arena.Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, plans to visit Chile, home to the world's most extensive lithium reserves, in...