The slogan of the Ministry of Business and Mineral Sources
The Ministry of Business and Mineral Sources introduced the victory of 4 alliances and several other corporations, within the multi -round public competitors for mining exploration licenses within the Nabita – Al -Duwaihi belt.
In accordance with the ministry, the variety of mining exploration websites is 25.
The full dedication of mining exploration is greater than 156 million riyals.
The winners listing included 4 alliances that embrace distinguished corporations and different corporations, that are as follows:
Hancock Professionals Egypt Midana Explography PTY LTD with Saudi Arabia Mining Firm “Mines”.
Shandong Gold Group with Ajlan and its Brotherhood Mining Firm.
Know-how Specialists with Andiamo Explography Ltd.
– Cewen Inc alliance with His Highness.
Along with corporations: The bottom of the bottom for gold, Aurum World Group, the Steel Caller, the Saudi Gold Honest, and the distinguished coalition of mining.
The ministry indicated that it’s going to resume competitors for 10 further websites within the belt itself from September 16 to 18, and that their last outcomes will likely be introduced after finishing all common procedures.
The Ministry of Business acknowledged that it had stopped the competitors on the final web site (ND26) within the Food plan Food plan belt, after it exceeded spending provides to discover the anticipated technical assessments, and rose to virtually applied ranges, stressing that this web site will likely be re -evaluated in keeping with the permitted timetable, and in keeping with the mining funding system and its govt laws, requirements and competitions of competitions Mining; To make sure justice and transparency and shield the pursuits of traders.
In a associated context, the ministry introduced its readiness on September 28, 2025 to start out the multi -round public competitors on 162 new mechanical websites within the Al -Nuqra and Al -Shekhbar Al -Safra belt in Medina, as a part of the ministry’s plan to launch greater than 50 thousand sq. kilometers of stutter belts throughout the 12 months 2025, with the goal of increasing the funding base, rising the quantity of spending on exploration work, opening broader horizons for native traders And the internationals.
