Mining /main-category/mining en Mining industry accelerates decarbonization with AI and tech investments: KPMG report /node/2578864/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity%C2%A0">MIGUEL HADCHITY </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-11-11 12:39</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: The metals and mining sector is accelerating decarbonization, digital transformation, and resilience, with 55 percent of executives prioritizing emissions reduction, according to a new survey report. </p> <p> KPMG’s 2024 Global Metals and Mining Outlook revealed that nearly half — 47 percent — of mining executives view technology investments as essential to transforming carbon footprints over the next five years. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/11/11/4543767-1839715407.jpg" width="1000" height="563" alt="" title="The mining industry is facing a workforce gap in tech skills, with 47% of executives noting shortages in skilled talent. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/kpmg">KPMG</a></div></div></div> Mon, 11 Nov 2024 09:45:35 +0000 sarah.glubb 2578864 at Ƶ pushes forward with industrial and mining strategies at UNIDO MIPF 2024 /node/2576461/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity%C2%A0">MIGUEL HADCHITY </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2024-10-23 14:37</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Ƶ’s Minister of Industry and Mineral Resources has emphasized the importance of industrial and mining sectors in achieving the country’s Vision 2030 goals of economic diversification. </p> <p> At the UN Industrial Development Organization Multilateral Industrial Policy Forum panel discussion in Riyadh, Bandar Alkhorayef said that the Kingdom’s vision encompasses economic diversification, underlining that from the initiative’s beginning, it was evident that sectors like industry and mining held the greatest potential for achieving this diversification.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/23/4537520-692700874.jpeg" width="1600" height="891" alt="" title="Bahrain’s Minister of Industry and Commerce Abdulla Adel Fakhro. Screenshot" /></div><div class="field-item odd"><img src="/sites/default/files/2024/10/23/4537521-477203072.jpeg" width="1600" height="891" alt="" title="Oman’s Minister of Commerce, Industry, and Investment Promotion Qais bin Mohammed Al-Yousef. Screenshot" /></div><div class="field-item even"><img src="/sites/default/files/2024/10/23/4537522-417468380.jpeg" width="1600" height="891" alt="" title="Ƶ’s Minister of Industry and Mineral Resources Bandar Alkhorayef. Screenshot" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/un-industrial-development-organization-general-conference">UN Industrial Development Organization General Conference</a></div><div class="field-item even"><a href="/tags/bandar-alkhorayef">Bandar Alkhorayef</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/unido">UNIDO</a></div></div></div> Wed, 23 Oct 2024 11:39:18 +0000 sarah.glubb 2576461 at Ƶ opens bidding for 7 mining licenses in Makkah and Riyadh regions /node/2576319/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri%C2%A0%C2%A0%C2%A0">NOUR EL-SHAERI   </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2024-10-22 17:39</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Ƶ has invited local and international investors to compete for seven mining exploration licenses across the Makkah and Riyadh regions, covering a combined area of 1,070 sq. km. </p> <p> The exploration licenses cover sites rich in valuable minerals such as gold, copper, zinc, lead, and silver. Four of the sites are located in the Makkah region, including Wadi Al-Lith, which spans 243 sq. km and holds deposits of copper, zinc, and gold. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/22/4537186-1170963149.jpg" width="1000" height="668" alt="" title="The Ministry of Industry and Mineral Resources launched the initiative to accelerate the exploration and development of Ƶ’s $2.5 trillion mineral reserves. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div><div class="field-item even"><a href="/tags/makkah">Makkah</a></div><div class="field-item odd"><a href="/category/tags/riyadh">Riyadh</a></div><div class="field-item even"><a href="/tags/saudi-ministry-industry-and-mineral-resources">Saudi Ministry of Industry and Mineral Resources</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/saudi-minerals">Saudi minerals</a></div></div></div> Tue, 22 Oct 2024 14:52:15 +0000 sarah.glubb 2576319 at Saudi state-backed funds eye stakes in Canadian mining firms, says industry minister  /node/2573660/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/rbitem-author/mohammed-al-kinani%C2%A0">Mohammed Al-Kinani </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2024-10-02 16:34</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: State-backed Saudi funds are seeking to acquire stakes in Canadian mining firms as part of efforts to enhance the Kingdom’s global influence in the sector and diversify its economy beyond oil, said a top minister. </p> <p> During his visit to the North American country, Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef asserted that there are no barriers to the Kingdom’s investments in the Canadian mining sector, despite local regulations that restrict investments by foreign state-owned entities, as reported by Al-Arabiya TV channel. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/10/02/4530436-730275057.jpeg" width="1024" height="684" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef in Canada. X/@BAlkhorayef" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/minister-industry-and-mineral-resources-bandar-alkhorayef">Minister of Industry and Mineral Resources Bandar Alkhorayef</a></div><div class="field-item odd"><a href="/tags/saudi-canada">saudi-canada</a></div></div></div> Wed, 02 Oct 2024 13:42:14 +0000 owen.bennett 2573660 at Saudi Ma’aden acquires SABIC’s 21% shareholding in Bahrain’s Alba /node/2571756/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2024-09-17 16:53</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Ƶn Mining Co. has signed an agreement to acquire Saudi Basic Industries Corp.’s 20.62 percent shareholding in Aluminium Bahrain, or Alba, as it continues to pursue regional growth opportunities. </p> <p> According to a press statement, the sale proceeds are expected to be within a range of SR3.62 billion ($960 million) and SR3.97 billion. </p> <p> The decision to acquire SABIC’s share comes just a day after the mining firm, also known as Ma’aden, signed a non-binding agreement with Alba to potentially create a global aluminum producer.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/09/17/4525201-1034367457.png" width="716" height="450" alt="" title="Ma’aden is aiming to expand tenfold by 2040. File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/saudi-arabian-mining-co-ma%E2%80%99aden">Ƶn Mining Co. (Ma’aden)</a></div><div class="field-item even"><a href="/tags/saudi-basic-industries-corp-sabic">Saudi Basic Industries Corp. (SABIC)</a></div><div class="field-item odd"><a href="/tags/aluminium-bahrain">Aluminium Bahrain</a></div><div class="field-item even"><a href="/tags/maaden-0">ma&#039;aden</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/aluminium">Aluminium</a></div></div></div> Tue, 17 Sep 2024 13:56:57 +0000 owen.bennett 2571756 at Qatar’s industrial production rises by 6% in July, driven by mining sector growth /node/2571604/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity%C2%A0">MIGUEL HADCHITY </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-09-16 15:23</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Qatar’s industrial production index rose by 6 percent in July, reaching 103.2 points, driven by the mining sector, official data showed. </p> <p> The National Planning Council reported a month-on-month increase of 5.5 percent in the mining sector in July, primarily due to higher production of crude oil, petroleum, and natural gas. Other mining and quarrying activities also grew by 11 percent. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/09/16/4524792-260999235.jpg" width="1000" height="597" alt="" title="Qatar’s monthly IPI is a key indicator of industrial sector performance, measuring output across mining, manufacturing, electricity and water supply. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/qatar">Qatar</a></div><div class="field-item odd"><a href="/tags/qatar-economy">qatar economy</a></div><div class="field-item even"><a href="/tags/industrial-production-index">Industrial Production Index</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div><div class="field-item even"><a href="/tags/finance">Finance</a></div></div></div> Mon, 16 Sep 2024 12:29:18 +0000 sarah.glubb 2571604 at SMEs account for 90% of Saudi industrial and mining sectors: Minister /node/2571569/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/manal-al-barakati-0">MANAL AL-BARAKATI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-09-16 12:32</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Small and medium enterprises constitute 90 percent of Ƶ’s industry and minerals companies, revealing that the sector is not “exclusive” to top players, according to a senior official.</p> <p> The comments by the Kingdom’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, were made during a dialogue session at an event organized by the General Authority for Small and Medium Enterprises, known as Monsha’at, the Saudi Press Agency reported.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/09/16/4524707-1032518772.png" width="1182" height="773" alt="" title="Minister of Industry and Mineral Resources Bandar Alkhorayef speaking during the Industry and Mineral Resources Pioneers week. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/small-and-medium-enterprises">small and medium enterprises</a></div><div class="field-item even"><a href="/tags/general-authority-small-and-medium-enterprises-monshaat-0">General Authority for Small and Medium Enterprises (Monshaat)</a></div><div class="field-item odd"><a href="/tags/bandar-alkhorayef">Bandar Alkhorayef</a></div><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div></div></div> Mon, 16 Sep 2024 09:37:56 +0000 owen.bennett 2571569 at AMAK joins hands with UK firm to advance exploration in Ƶ /node/2570777/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2024-09-10 11:38</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Saudi firm Al-Masane Al-Kobra Mining Co. has signed a letter of intent with UK-based Power Metal Resources to establish a joint venture to advance exploration in the Kingdom’s Qatan mining site. </p> <p> According to a Tadawul statement, Al-Masane Al-Kobra Mining Co., or AMAK, will own a 51 percent stake in the JV, while the London-listed company will possess the remaining 49 percent. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/09/10/4522598-849861024.png" width="1522" height="1138" alt="" title="View of Qatan exploration licence, Ƶ, June 2024. Power Metal Resources" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/al-masane-al-kobra-mining-co-0">Al-Masane Al-Kobra Mining Co</a></div><div class="field-item even"><a href="/tags/power-metal-resources">Power Metal Resources</a></div></div></div> Tue, 10 Sep 2024 09:02:07 +0000 owen.bennett 2570777 at Mining firm AMAK to focus on gold production and operational expansion in 2025 /node/2570661/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-09-09 13:16</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Saudi firm Al-Masane Al-Kobra Mining Co. will focus on gold deposit production and operational expansion as part of a growth plan to strengthen its industry position through 2025.</p> <p> This effort is to ensure ongoing operational excellence and boost production capacity, thereby creating value for all stakeholders and benefiting the local community, the company said on Tadawul.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/09/09/4522293-1407347901.png" width="1019" height="391" alt="" title="Al Masane Al Kobra Mining Co. was created in 2008. Amak.com." /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/amak">Amak</a></div><div class="field-item even"><a href="/tags/al-masane-al-kobra-mining-co-0">Al-Masane Al-Kobra Mining Co</a></div></div></div> Mon, 09 Sep 2024 10:51:16 +0000 owen.bennett 2570661 at Qatar’s non-mining and quarrying activities rose 1.7% in Q4 2023: official data /node/2569644/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-09-01 13:27</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Qatar’s non-mining and quarrying activities increased by 1.7 percent year-on-year in the fourth quarter of 2023 to 114.60 billion Qatari riyals ($31.39 billion), according to the latest data.</p> <p> The country’s non-mining activities also witnessed a rise of 2.4 percent in the final three months of last year compared to the previous quarter of the same year, Qatar’s Planning and Statistics Authority revealed.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/09/01/4519628-5753250.jpg" width="1000" height="667" alt="" title="Qatar’s third phase of the National Development Strategy aims to transition the country into the next stage of development. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/qatar">Qatar</a></div><div class="field-item odd"><a href="/tags/main">main</a></div><div class="field-item even"><a href="/tags/finance">Finance</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div><div class="field-item even"><a href="/tags/quarrying">quarrying</a></div><div class="field-item odd"><a href="/tags/qatar-economy">qatar economy</a></div></div></div> Sun, 01 Sep 2024 10:53:37 +0000 sarah.glubb 2569644 at Ƶ offering over 120 enablers to mining investors: top official /node/2568408/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0">REEM WALID </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2024-08-22 13:38</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Ƶ’s industry and mining system provides over 120 enablers and incentives for investors in the sectors, enabling them to exploit promising opportunities, according to a top official.</p> <p> Speaking during a meeting with investors at the Najran Chamber, Minister of Industry and Mineral Resources Bandar Alkhorayef explained that those catalysts also contribute to addressing challenges facing their investment journey, according to the Saudi Press Agency.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/08/22/4516437-528634388.png" width="1290" height="847" alt="" title="Minister of Industry and Mineral Resources Bandar Alkhorayef speaking during a meeting with investors at the Najran Chamber. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/minister-industry-and-mineral-resources-bandar-alkhorayef">Minister of Industry and Mineral Resources Bandar Alkhorayef</a></div></div></div> Thu, 22 Aug 2024 10:41:21 +0000 owen.bennett 2568408 at Saudi minister explores mining investment, knowledge transfer during Chile visit /node/2560611/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/124736">ARAB NEWS </a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2024-08-01 13:45</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Ƶ is exploring investment opportunities in lithium, copper, and iron, as the minister of industry and mineral resources met with mining firms in Chile during his South American tour. </p> <p> Bandar Alkhorayef, who visited Brazil before arriving in Chile, engaged with leading companies and industry stakeholders on knowledge transfer, innovation, and advanced technologies, according to the Saudi Press Agency. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/08/01/4496121-158232487.png" width="1163" height="768" alt="" title="Minister of Industry and Mineral Resources Bandar Alkhorayef has been on a tour of Brazil and Chile. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/chile">Chile</a></div><div class="field-item even"><a href="/tags/minister-industry-and-mineral-resources-bandar-alkhorayef">Minister of Industry and Mineral Resources Bandar Alkhorayef</a></div><div class="field-item odd"><a href="/category/tags/saudi-arabia">Ƶ</a></div></div></div> Thu, 01 Aug 2024 10:51:09 +0000 owen.bennett 2560611 at London Metal Exchange approves Saudi port as warehouse delivery point /node/2558811/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/225841">Reuters</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2024-07-29 17:35</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> LONDON: The London Metal Exchange has approved the Red Sea port city of Jeddah in Ƶ as a warehouse delivery point for copper and zinc, it said on Monday.<br /> The exchange said the listing will become active three months after the first warehouse company has been approved in the new location.<br /> Warehouses registered with the LME, the world’s largest and oldest metals trading venue, are usually located in areas of net metals consumption or top transit hubs such as Rotterdam.<br /></p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/07/29/4491301-584157346.jpg" width="1000" height="667" alt="" title="A sign for the London Metal Exchange on a wall by the open trading floor of the LME following its relocation in central London. File/AFP" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/lme">(lme</a></div><div class="field-item odd"><a href="/tags/london-metal-exchange">London metal exchange</a></div><div class="field-item even"><a href="/tags/copper">copper</a></div><div class="field-item odd"><a href="/tags/zinc">Zinc</a></div><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/jeddah">Jeddah</a></div><div class="field-item even"><a href="/tags/main">main</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div></div></div> Mon, 29 Jul 2024 14:39:19 +0000 sarah.glubb 2558811 at Ƶ seeks stronger ties with Brazil in mining sector /node/2558086/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/rbitem-author/arab-news">Arab News</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-07-28 13:09</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: A high-level Saudi delegation continued discussions in Brazil on Sunday to enhance bilateral ties and advance Ƶ’s mining sector.</p> <p> On July 28, Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visited Vale’s Carajas mines, where he was briefed on advanced technologies used in mineral extraction and processing, including remote mine management and driverless trucks, according to the Saudi Press Agency.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/07/28/4489741-226837121.jpeg" width="1600" height="900" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visits the Vale mines in Carajas, Brazil. X/@BAlkhorayef" /></div><div class="field-item odd"><img src="/sites/default/files/2024/07/28/4489726-739228452.jpeg" width="1600" height="1110" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visits the Vale mines in Carajas, Brazil. X/@BAlkhorayef" /></div><div class="field-item even"><img src="/sites/default/files/2024/07/28/4489731-1765175917.jpeg" width="1600" height="986" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visits the Vale mines in Carajas, Brazil. X/@BAlkhorayef" /></div><div class="field-item odd"><img src="/sites/default/files/2024/07/28/4489736-631933904.jpeg" width="1600" height="1032" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visits the Vale mines in Carajas, Brazil. X/@BAlkhorayef" /></div><div class="field-item even"><img src="/sites/default/files/2024/07/28/4489791-274209609.png" width="1600" height="1068" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef visits the Vale mines in Carajas, Brazil. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">Ƶ</a></div><div class="field-item odd"><a href="/tags/brazil">Brazil</a></div><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/saudi-ministry-industry-and-mineral-resources">Saudi Ministry of Industry and Mineral Resources</a></div><div class="field-item even"><a href="/tags/bandar-alkhorayef">Bandar Alkhorayef</a></div></div></div> Sun, 28 Jul 2024 10:14:15 +0000 sarah.glubb 2558086 at Unearthing the transformative potential of Ƶ’s mining sector /node/2557866/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2024-07-28 00:13</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Ƶ’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a global leader in the industry. But have you wondered what treasures lie beneath its lands?</p> <p> Ƶ is rich in minerals essential for various global industries. The Kingdom is transforming into a leading exporter of diverse energy types, shifting away from its traditional role as an oil producer.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2024/07/28/4488751-266316160.jpg" width="1200" height="805" alt="" title="the establishment of a dedicated mining ministry underscores the sector’s importance and provides a direct point of contact for investors. (Shutterstock)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/minehutte">MineHutte</a></div><div class="field-item even"><a href="/tags/pwc">PwC</a></div></div></div> Sat, 27 Jul 2024 21:36:57 +0000 romulo 2557866 at