Saudi Arabia in advanced talks over Zambia copper mine
Saudi Arabia is in the advanced stages of talks about a stake in a copper mine in Zambia and is expecting a deal by the end of the year, the CEO of Saudi Arabia's flagship mining company Ma ...
More than $9B of metals deals agreed in Saudi …
Saudi Arabia reportedly signed metals deals on November 26 worth more than US$9 billion, including the previously reported $2 billion Vedanta agreement. ... View our 50 top mining projects ...
Saudi Arabia's mineral strategy: Vision 2030, geopolitical …
Saudi Arabia's strategic push to become a major player in the global mineral resources sector is part of its broader economic transformation under Vision 2030, a plan to diversify its economy away from oil dependency.Central to this shift is the development of the mining sector, aimed at both tapping into the Kingdom's mineral reserves and adding …
Hexagon invests in Saudi Arabia's miners of tomorrow
Tucson, Arizona, USA (January 14, 2025) – Hexagon, the global leader in precision technologies at any scale, has announced a significant investment of technology and training at a university in ...
Saudi Arabia Announces Qualified Bidders for First …
The Arabian Shield, estimated to contain $2.5 trillion in mineral resources, underscores Saudi Arabia's emergence as a global mining hub. With its streamlined regulatory framework and investor-friendly licensing process, the Kingdom has been recognized as a top-tier mining jurisdiction, as highlighted in the latest Mining Journal World Risk ...
Perseus enters into co-investment cooperation agreement with Saudi …
ASX- and TSX-listed Perseus Mining has entered into a cooperation agreement with Ajlan & Bros Mining & Metals Company (ABM), the mining division of Saudi Arabia-based investment conglomerate ...
Saudi Arabia secures metals investment deals worth $9.3bn
Saudi Arabia has signed nine significant investment agreements in the metals and mining sector, exceeding $9.3bn (SR34.88bn) in value, with major global companies such as Vedanta from India and China's Zijin Group, Reu ters reported.. The announcement came during the World Investment Conference in Riyadh, under the aegis of the Saudi National Investment …
Saudi Arabia reveals $100bln mining investment projects
Saudi Arabia has new investment opportunities in the mining industry with a total value of nearly $100 billion, a senior official has said. The world's largest oil exporter already …
Saudi Arabia Enters Lithium Market, Transforming Energy …
Saudi Arabia's foray into lithium extraction marks a pivotal moment in the mining sector, potentially reshaping the Kingdom's economic future. As the world leans more toward sustainable energy solutions, this move could very well place Saudi Arabia at the forefront of a new economic powerhouse, one that balances its rich oil heritage with a ...
Saudi mining spending put at $347mln in 5 years
Saudi Arabia has invested nearly 1.3 billion Saudi riyals ($347 million) in exploration for minerals over the past five years, a senior official has said. Nearly 80 percent of designated areas have been covered by geological surveys within mining exploration operations, said Abdul Rahman Al-Balushi, Undersecretary of the Saudi Industry and ...
Saudi Arabia Announce Qualified Companies for Mining …
Ministry of Industry and Mineral Resources, Saudi Arabia announces that Six local and international mining companies have qualified to receive enablers in the first wave of the …
Saudi Arabia Accelerates $2.5 Trillion Mining Plans To Cut Oil …
Saudi Arabia is investing heavily in its mining sector, with a goal of increasing its GDP contribution from $17 billion to $75 billion by 2035. The Kingdom is pursuing a dual …
Gold production in Saudi Arabia and major projects
Saudi Arabia is the world's twenty-seventh-largest producer of gold in 2023, with output up by 16% on 2022. Skip to site menu Skip to page ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities.
Vedanta plans to invest $2bn in Saudi copper projects
Vedanta is set to invest $2-billion to build copper-processing facilities in Saudi Arabia, a significant boost for the kingdom's ambitions to become a global metals and mining hub. The firm ...
AuKing wins Saudi Arabia gold licence
Meanwhile, AuKing has entered into a memorandum of understanding (MoU) with local Saudi Arabian partner Barg Alsaman Mining Company (BSMC) for the joint exploration and development of projects in Saudi Arabia. Under the terms of the bid, a minimum exploration commitment of US$1.2 million ($1.81 million) has been submitted, coupled with details ...
Saudi Arabia's Vision 2030 and mining – dream and achieve
In the lead up to what is set to be a record Future Minerals Forum 2025 this week in Riyadh, IM Editorial Director, Paul Moore, met with His Excellency Vice Minister of Industry and Mineral Resources for Mining Affairs Eng. Khalid Al-Mudaifer, for a deep dive into the Kingdom of Saudi Arabia's vision for the future of its mining and metals industry, and what has already …
Saudi zinc mining is looking to the long term | AGBI
In the deserts of Saudi Arabia, 170km southwest of Riyadh, the Khnaiguiyah mining project is the kingdom's largest mineral exploration site. ... and add a further string to Saudi Arabia's mining bow. The scheme was awarded to a consortium of Ajlan & Bros Group, a local conglomerate, and Moxico, London-based specialists, in January 2023. ...
Saudi Arabia awards 11 mining exploration permits under …
JEDDAH: Saudi Arabia has granted 11 mining exploration permits to local and international companies for six sites under its Accelerated Exploration Program, which aims to unlock the Kingdom's ...
Saudi Arabia of lithium: The future of mining in Afghanistan …
In Pakistan, Chinese companies are involved in various mining projects, including coal extraction in Thar and potential involvement in the Reko Diq copper-gold project. China has maintained diplomatic relations with the Taliban government in Afghanistan, positioning itself as a potential mediator and investor in the country's reconstruction.
Saudi Arabia to Open 5,000 Sq. Km for Mining in 2025
Saudi Arabia is set to offer new mineral exploration opportunities across 5,000 square kilometers in 2025, as part of its ongoing expansion of the mining sector, which is currently the fastest …
Find Ongoing Mining Projects in Saudi Arabia with Ease.
Search all the ongoing (work-in-progress) mining projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Saudi Arabia with our comprehensive online database. Call +1(917) 993 7467 or connect with one of our experts to get full access to the most comprehensive and verified construction projects happening in your area.
Saudi Arabia has granted 11 mining exploration permits as …
Saudi Arabia has awarded 11 mining exploration permits to local and international companies for six sites under its Accelerated Exploration Program, aimed at unlocking the Kingdom's vast mineral resources. ... evaluated on technical expertise, project proposals, and social and environmental considerations. Winning companies pledged to invest ...
A Bold Shift in the Desert: Saudi Arabia's $100bn Mining …
The $100 billion mining initiative is just one facet of Saudi Arabia's Vision 2030, a wide-ranging plan designed to modernise the nation's economy and society. Beyond investing in metals, …
AuKing partners BSMC for Saudi mineral projects
AuKing chairman Asimwe Kabunga said: "The Board of AuKing is pleased to announce the collaboration with Segia Gulf Group (via its subsidiary BSMC), a substantial Saudi Arabian corporation, for the specific purpose of exploring and developing mineral projects in the kingdom of Saudi Arabia.
Vedanta signs MOU to invest in Saudi Arabia and boost …
"We are thrilled and truly honoured to collaborate with the Kingdom of Saudi Arabia in its Vision 2030 initiative. Our projects will enhance the Kingdom's self-reliance in the copper supply chain. Saudi Arabia has been a leader …
Saudi Arabia's mining sector poised for growth amid Vision …
Khalid Almudaifer, Vice Minister for Mining Affairs in Saudi Arabia, recently highlighted the significant rise in local demand for minerals in the Kingdom. This increase is primarily driven by the ambitious mega-projects under Vision 2030, alongside initiatives in the National Industrial Strategy aimed at transforming Saudi Arabia into a leading industrial …
Mining and Mineral
Mining and Mineral Opportunities in the Kingdom of Saudi Arabia 5 The latest annual assessment of mining investment risks from MineHutte and Mining Journal Intelligence recognizes Saudi …
Saudi Arabia chases 15% stake in Pakistan's Reko Diq mine
Saudi Arabia is in talks with Pakistan to acquire a 15 percent stake in one of the world's largest undeveloped copper and gold resources, a Pakistani government minister has said. Negotiations between the two countries started last year over a minority stake in the Reko Diq copper and gold mine project in Pakistan's southwestern Balochistan ...
Vedanta signs $2 billion MOU with Saudi Arabia for …
The projects encompass a 400 kilo tonne per annum (KTPA) greenfield copper smelter and refinery, along with a 300 kilo tonne per annum (KTPA) copper rod project. These initiatives support Saudi Arabia's ambitious Vision 2030, which endeavors to unlock an estimated $1.3 trillion in mineral resources and elevate the minerals sector's GDP ...
Saudi Arabia grants exploratory rights to six mining sites
Speaking at the opening day of the event, minister of industry and mineral resources Bandar Alkhorayef reaffirmed Saudi Arabia's commitment to developing its mining sector. During the opening of the ministerial meeting, which received delegates from 85 countries, Alkhorayef said that the world needs to invest $6 trillion in the industry over ...