Maaden discovers 'significant' gold reserves in Saudi Arabia

Maaden, Saudi Arabia's flagship mining company, has discovered "significant" gold resource potential south of the existing Mansourah Massarah gold mine. The potential find, along a 100 km stretch, was the first under an extensive exploration programme launched in 2022, the company said in a statement.

Saudi Arabia Gold Price Live

Gold Price in Saudi Arabia Today: per oz 9,361.81 Saudi riyals. Gold prices in Saudi Arabia today, presented in Saudi Riyals (SAR) and covering various units such as grams, ounces, tolas, and kilograms. Our comprehensive data includes 24K, 22K, 18K, and 14K gold prices, ensuring you have access to the most accurate and up-to …

Saudi Arabia invites bids for six mining licences

The six new mining opportunities revealed by Saudi Arabia include gold, copper, zinc, lead and silver ... Exploration permits rose to 259 from 58, a more than fourfold rise. The ministry said the number of exploitation licences, which are issued as an extension to an exploration licence, had more than doubled from eight before the …

Exploration

Ma'aden, as the Kingdom's exploration and mining champion, continued to deliver in 2020 on its long term commitment as the largest investor in mineral exploration in Saudi Arabia. Since Ma'aden was formed in 1997, our exploration programmes have delivered major Mineral Resource growth in the Kingdom in gold, copper, phosphate ...

Saudi targets one million ounces of gold production by …

Saudi Arabia expects its gold production to more than double to around one million ounces in 2030 as it is stepping up mineral exploration activities following the enforcement of a new mining investment law, the Kingdom's Industry and Mineral Resources Minister was reported on Friday as saying.

Saudi Arabia discovers massive gold reserves in Makkah …

The Saudi Arabian Mining Company (Maaden) stated that multiple gold deposits have been found, hinting at the potential for expanding gold mining in the region. This discovery marks the initial ...

Doubling The Critical Mineral Potential Of Saudi Arabia

A Saudi miner handles a freshly made 17kg brick of gold during a press tour at the Al-Amar Gold ... [+] Mine, in the Riyadh region, 195kms southwest of the centre of the Saudi capital, on May 28 ...

Ivanhoe Electric and Saudi Arabian Mining Company …

Overview of the Joint Venture Exploration Program in Saudi Arabia. The Joint Venture will have exclusive access to approximately 48,500 km 2 of land for exploration in Saudi Arabia. The area ...

Saudi mining company Ma'aden announces 'significant' gold …

The new find extends along a 100km stretch from its existing Mansourah Massarah gold mine. International Edition. ... The gold discovery is the first find from Ma'aden's exploration programme launched in 2022. ... Business. Economy. Saudi mining company Ma'aden announces 'significant' gold discovery . The new find extends along …

Saudi Arabia earmarks $182 mln for minerals exploration in …

A worker holds a rock at the Al Amar gold mine, 200km (124 miles) southwest of Riyadh, May 28, 2008. The Al Amar mine, an underground deposit in Saudi Arabia, mainly contains gold and zinc.

Saudi Arabia signs mining deals with four nations

The country also announced a $182 million mineral exploration incentive program as part of efforts to build an economy that does not rely mostly on oil. Saudi Arabia has vast reserves of phosphate ...

Boretech mining services

We are an international mining services and consulting company with operations centered in Saudi Arabia and Turkey. Boretech Contracting Co. provides geological consultancy to companies that lead the mining industry. We are committed to providing critical advice and practical solutions at all phases of exploration and resource development.

Saudi Arabia's Maaden announces significant gold discovery

The company said the drilling results have identified a potential strike of 125 kilometers with significant potential to become a major world-class gold belt in Saudi Arabia.

Saudi Mining Reveals Major 100km Gold Deposit Discovery …

The Saudi Arabian Mining Company (Ma'aden), the leading mining entity in the Arab world, has revealed a noteworthy gold resource potential within the kingdom. …

New Gold Rush in Saudi Arabia as Ma'aden announces …

Saudi Arabian Mining Company (Ma'aden) announces the discovery of significant gold resource potential extending along a 100km strike from the existing Mansourah Massarah gold mine. This is the first find from the company's extensive exploration program, launched in 2022, aimed at building Ma'aden's production pipeline.

Will Saudi Arabia's recent gold discovery provide a major …

January 06, 2024. Saudi Arabia's latest gold discovery has led to speculation it could emerge as a major regional producer of the precious metal. The Saudi Arabian Mining …

Saudi Arabia discovers new gold reserves

Ma'aden expanded exploration in Jabal Ghadarah and Bir Tawil, transferring 1.5 million ounces of resources, 25 km north of Mansoura and Masara. A 125 km potential gold …

Saudi Arabia Commits to Sustainable Gold Mining. What …

The Kingdom of Saudi Arabia is sitting on a US$2.5 trillion-worth of precious metals and minerals. Saudi's mining magnet, state-owned Ma'aden, has …

Gem of a find: KSA may have diamond mines

Saudi Arabian Mining Company (Maaden) operates four gold mines and one processing plant – Mahd Ad Dahab, Bulghah, Al-Hajar Al Amar and Sukhaybarat, respectively, and is the Kingdom's sole gold ...

Zhonghuan International Group signs agreement for gold exploration …

Zhonghuan International Group, a Chinese industry investment group, and the Geophysical and Geochemical Survey Institute of Hunan Province have signed a USD 1.36 million agreement for a gold exploration project in Saudi Arabia. The parties also agreed to expand cooperation in the MENA region for exploring manganese, copper, rare earth, …

Ivanhoe Electric Inc. | Ivanhoe Electric and Saudi Arabian …

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Receive Initial Results from the First Typhoon™ Survey in Saudi Arabia. Three Chargeability Anomalies have been Identified by Typhoon™ on the Umm Ash Shalahib Exploration License to the South of Ma'aden's Al Amar Gold-Copper-Zinc Mine

Ma'aden unveils significant gold discovery in Saudi Arabia

Saudi Arabian Mining Company (Ma'aden) has discovered significant gold extending along a 125km strike from an existing gold mine in the country. The new discovery is said to be the first find from the company's exploration programme, …

(PDF) Mineral exploration in the Arabian Peninsula: A …

The Saudi Arabian Glass Earth Pilot Project is a geophysical exploration program to explore the upper crust of the Kingdom for minerals, groundwater, and geothermal resources as well as strictly ...

Knowledge-driven GIS modeling technique for gold exploration…

Bulghah gold mine is located at the western part of the Afif terrane to the east of the Nabitah suture zone (Fig. 1), approximately 520 km west–northwest of Riyadh city, the capital of Saudi Arabia.Bulghah area is covered by Hulayfah volcanics which are made up of the older Afna Formation and the younger Nuqrah Formation, intruded by syn- to …

Royal Road Arabia gains exploration rights in Saudi Arabia

Royal Road Minerals' Saudi joint venture Royal Road Arabia has won the bid for the Al-Miyah copper and gold tender area in Asir Province, Saudi Arabia. The company secured the exploration rights for the Al-Miyah area, which consists of three contiguous exploration licences spanning around 234km².

Saudi Arabia discovers new gold reserves

A 125 km potential gold mining area was identified in Saudi Arabia based on positive exploration results. It is expected to meet international standards and become a major gold belt. Exploration near Mansoura and Masara reveals abundant resources at depth and along the area, indicating potential for wealth in the region.

Royal Road JV wins bid for Saudi exploration licence

The JV was established on a 50/50 basis with Saudi investment holding company MSB for the purpose of copper and gold exploration in the kingdom. Royal Road is operator of the JV, which has submitted exploration licence applications over certain areas of interest. ... The licensing round for Jabal Sahabiyah was announced by Saudi Arabia's ...

Gold Reserves and Mining in Saudi Arabia

Historical Discoveries of Gold in Saudi Arabia . Significant episodes of gold mining in Saudi Arabian history include periods during 3000 BC, 1000 BC, the Abbasid Caliphate between 750 AD and 1258 AD and more recently since 1936 AD. ... The entire gold mining and exploration activities in Saudi Arabia are carried out by Ma'aden. …

Kefi confirms new discovery at Saudi Arabia gold project

Aim-listed Kefi Gold and Copper has confirmed a new discovery, as well as provided an operational update for the Jibal Qutman gold project in Saudi Arabia in the company's minority-owned Gold and ...

Ivanhoe Electric Inc. | Ma'aden and Ivanhoe Electric to …

Ma'aden explores for, and mines, minerals within Saudi Arabia including gold, silver, copper, zinc, phosphate and other industrial minerals and has a market capitalization of approximately US$48 billion. ... Ivanhoe Electric and Ma'aden will establish a new Saudi Arabian exploration Joint Venture which will be owned 50/50 and …

Maaden discovers 'significant' gold reserves in Saudi Arabia

Maaden, Saudi Arabia's flagship mining company, has discovered "significant" gold resource potential south of the existing Mansourah Massarah gold …

Embracing AI: Transforming sustainable mining and mineral exploration …

Miners works in the Al Amar gold mine, 200km (124 miles) southwest of Riyadh, May 28, 2008. ... Transforming sustainable mining and mineral exploration in Saudi Arabia As the Kingdom of Saudi ...

KEFI strikes gold in Saudi Arabia's Jibal Qutman project

KEFI Gold and Copper PLC confirms a new discovery and operational update at the Jibal Qutman Gold Project in Saudi Arabia, as part of its minority-owned Gold and Minerals Ltd joint venture. A satellite deposit with high gold grades, Asfingia, has been discovered, with drilling underway on a 35km mineralised strike across three …

Ivanhoe Electric Inc. | Ivanhoe Electric and Saudi Arabian …

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Commence Joint Venture Exploration Activities in Saudi Arabia. Ma'aden and Ivanhoe Electric Formed a 50/50 Joint Venture Earlier this Year to Explore for Copper, Gold, Silver and other Electric Metals over ~48,500 km 2 of Underexplored Arabian Shield. Current …