The Mining Exploration Opportunities Forum was held during the International Mining Conference in its second edition at the King Abdulaziz International Convention Center in Riyadh.
The Ministry of Industry and Mineral Resources revealed the details of 6 mining opportunities in the Kingdom to international and local investors, which the ministry had previously announced under the umbrella of the "Accelerated Exploration Program" initiative, and the National Industry Development and Logistics Program "Ndlib".
Details of the investment opportunities include a number of exploration licenses for the "Rudainiyah" site, which has an area of more than 78 square kilometers, and includes deposits of zinc and silver ore, and the "Umm Hadid" site, which has an area of ​​more than 246 square kilometers, and includes large reserves of silver, lead, zinc and copper. And the "Mount Edsas" site, with an area of more than 121 square kilometers, and includes rich deposits of iron ore, and the "Omq Well" site in Medina, which has an area of more than 187 square kilometers, and includes deposits of copper and zinc ore, as well as the "Mount Al-Sahaiba" site in The Asir region, which covers an area of more than 283 square kilometers, and includes deposits of zinc, lead, copper and iron, in addition to the "Muhdad" site, which covers an area of 139 square kilometers, and contains mineral deposits of copper, zinc, gold and lead ores. The forum witnessed the participation of the best international companies in the field of mineral exploration and national investment companies interested in the mining sector, with the aim of supporting the establishment of strategic alliances between local and international companies, developing the competitive environment in the sector, as well as transferring the best technical expertise and stimulating opportunities for discovering new mines in the Kingdom of Saudi Arabia.