https://arab.news/4fqhy
The so-called 鈥楢rabian Shield鈥� is the perfect place to explore in the quest to find much-needed minerals and metals, a leading mining businessman has said.
Speaking at the Future Minerals Forum in Riyadh, Mark Bristow, president and CEO of Barrick, called for more investment in the mining industry from governments across the world.
But he warned that investors need to understand that returning to 鈥渟afe jurisdictions鈥� such as the US and Europe will not provide the supplies needed, particularly in copper.
Bristow said that the geological region known as the Arabian Shield 鈥� which takes in areas in numerous countries in the Middle East and North Africa including 抖阴短视频, Egypt and Jordan 鈥� is the 鈥減erfect place to explore and it is only being explored superficially.鈥�
He added that the world is 鈥渋n a long solid market demand for metals鈥�, and said: 鈥淐opper is the most challenging in terms of supplier, we have no investor, we have been behind as an industry in investing in the whole mining minerals business.鈥�
The Future Minerals Forum is a special event bringing together ministers, organisations and mining leaders from more than 30 countries.
Hosted by the Saudi Ministry of Industry and Mineral Resources, is aimed at highlighting the role of mining in Saudi Vision 2030, after the government identified it as the third pillar of the Kingdom鈥檚 economy.