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Saudi Arabia awards mine deals to 24 companies

Saudi Arabia has given new mining exploration contracts to 24 companies within the ninth and largest-ever licensing round for prospectors. The winning entities were awarded 172 mining sites, including ...
Saudi Arabia is known around the world for its vast petroleum resources, its vast mining potential recieved little attention — until now. Zenger News sat down with Khalid Al-Mudaifer the Vice Minister ...
As per the deal, Maaden will own 50.1% of the capital of the new joint venture, whilst Hancock will own the rest of 49.9% of ...
SYDNEY, Nov 4 (Reuters) - Saudi Arabia is considering setting up a new metals and mining stock exchange index as it looks to expand its resources sector to diversify away from hydrocarbons, a senior ...
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 strategy of economic ...
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, reporter Thomas Biesheuvel looks at Saudi Arabia’s emergence in global mining. To get this ...
Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the global mining industry, agreeing to buy a stake in Vale SA’s base metals unit. The kingdom will spend $2.6 billion ...
Mining licenses in Saudi Arabia surged by 144% in the first half of 2025 compared to the same period in 2024 as the kingdom pursues precious metals that will help power the climate transition. What ...
KHOBAR, Saudi Arabia, Jan 31 (Reuters) - The mining sector in top oil exporter Saudi Arabia is slowly gaining momentum as foreign companies look to make investment in a sector the government sees as ...
U.S. President Trump signs executive orders and proclamations in the Oval Office at the White House CAIRO (Reuters) - Saudi Arabia is set to discuss a potential agreement with the United States about ...