Mining

RIYADH — An authoritative annual evaluation of mining investment risks has recently acclaimed Saudi Arabia for its outstanding performance in creating a conducive environment for mining investments.The World Risk Report 2023, which incorporates MineHutte Risk Ratings, designates Saudi Arabia as both a regional and global leader in the mining sector.From 2018 to 2023, the Kingdom experienced a marked ascent in...

Saudi Arabia's recent advancements in its mining sector have been recognized internationally, with the country being hailed as the most rapidly advancing regulatory and investment-attractive environment in the world over the previous half-decade, according to a recent report.An English-based independent research and consultancy entity, MineHutte, has ranked the Kingdom as the second-leading nation globally for its mining license environment.The significant...

Australian mining enterprises are drawn to the burgeoning prospects of Saudi Arabia, with companies like Surefire Resources seeking to provide essential minerals for the Kingdom's ambitious infrastructure initiatives. The allure of the wealthy nation for mining experts is palpable, given Saudi Arabia's acknowledgment of the need for seasoned professionals to bolster its nascent mining sector. Despite some hiccups, such as...

The Future Minerals Forum (FMF) 2024 is poised to commence at the King Abdulaziz International Conference Center in Riyadh this Wednesday, under the esteemed patronage of King Salman bin Abdulaziz, the Custodian of the Two Holy Mosques. The forum is set to welcome delegates from over 80 nations and features an impressive lineup of over 200 distinguished speakers. Its agenda...

Saudi Arabia's Ministry of Industry and Mineral Resources is in the midst of organizing the second Future Minerals Forum (FMF), set to be hosted at the King Abdulaziz International Conference Center in Riyadh from January 10-12, 2023.The event will serve as a gathering ground for prominent figures in the global mining sector, drawing in officials and business leaders from across...

The Industry and Mineral Resources Minister of Saudi Arabia, Bandar Al-Khorayef, embarked on a journey to Morocco with an agenda centered on exploring and enhancing collaborative ventures in the phosphate mining industry, with a particular focus on phosphates.State news channels reported that during his visit, which coincided with his attendance at the 28th session of the Arab Organisation for Industrial...

The Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, engaged in a strategic dialogue with the chairman of the Arab Mining Company, Mohammed Ahmed Al-Shehhi, during a visit to Jordan. Their conversation centered on bolstering collaborative efforts within the mining sector.Together, Alkhorayef and Al-Shehhi examined the potential for capitalizing on the mining assets present in both nations....

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...