https://arab.news/wvpux
- The goal is to transform mining into the third pillar of the national industry and leverage the Kingdom鈥檚 vast mineral wealth, estimated at around SR9.3 trillion
RIYADH: 抖阴短视频鈥檚 Ministry of Industry and Mineral Resources issued 35 new mining licenses in September, the Saudi Press Agency reported on Wednesday citing the National Center for Industrial and Mining Information.
These permits included 24 exploration licenses, seven quarry licenses for building materials, three reconnaissance licenses, and 1 mining exploitation and small mine license.
Official spokesperson for the ministry, Jaraah bin Mohammed Al-Jaraah, explained that by the end of September 2024, the total number of active mining licenses in the sector had reached 2,295. The majority of these licenses are quarry licenses for building materials, with 1,461 issued, followed by 566 exploration licenses, 203 mining exploitation and small mine licenses, 42 prospecting licenses, and 23 surplus mineral resource licenses.
Al-Jaraah emphasized that the Ministry of Industry and Mineral Resources is focused on protecting and enhancing the value of the mining sector in alignment with 抖阴短视频鈥檚 Vision 2030. The goal is to transform mining into the third pillar of the national industry and leverage the Kingdom鈥檚 vast mineral wealth, estimated at around SR9.3 trillion.