The slogan of the Ministry of Business and Mineral Assets
The Ministry of Business and Mineral Assets has introduced the beginning of Multi-Spherical Public sale on minimal detection licenses in 3 new ready belts within the Kingdom, overlaying an space of 24.4 thousand sq. kilometers, ranging from Monday September 1 to Friday, September 12, 2025.
The ministry defined that the tour witnessed a large participation from native and worldwide firms, and 61 firms submitted to compete, together with within the pre -qualification section 31 choices from 23 firms and eight alliances between worldwide and native firms.
She identified that the tour covers 3 stranded belts within the Riyadh and Madinah areas, and contains the Al -Nakra belt and the sheet (yellow) belt within the metropolis of Al -Madinah Al -Munawwarah, and Al -Duwaihi belt (Nabita) within the Riyadh area. These belts embody a wide range of fundamental and valuable minerals, together with gold, copper, silver, zinc, and nickel.
It said that the mining competitions are in three fundamental phases that begin with the pre -qualification stage, and the stage of choosing websites within the digital competitors platform, adopted by the stage of public competitors for the licenses of the websites that had been chosen by multiple competitor, which match the standards crucial to maneuver to the stage of public competitors.
The Ministry of Business and Mineral Assets launched on the primary of September this section of multi -round competitors in its first section of the Duwaihi belt (Nabita), and the competitors for licenses publicly and a direct broadcast of the bidding in spending on exploration to acquire the licenses of the websites specified on this belt till the date of September 12, 2025 AD, and the second section of public competitors might be began to incorporate the Naqra and the Sfkra (Al -Safra) belt after asserting The outcomes of the general public competitors for the Duwaihi belt (Nabita).
In keeping with an announcement by the Ministry, the competitors might be broadcast straight by means of the Ministry’s channel on the YouTube platform, in dedication to make sure full transparency throughout this decisive stage.
The Ministry of Business and Mineral Assets intends to announce in the course of the fourth quarter of this yr the launch of a brand new spherical of mining detection licenses, as a part of its plan to launch extra promising mining websites for native and worldwide buyers, calling on these wishing to take part to comply with the digital “mining” platform to acquire all knowledge associated to the upcoming competitors.
