Saudi Arabia: Mining Licenses to be Issued Next Year

Saudi Arabia: Mining Licenses to be Issued Next Year News developments

Saudi Arabia: Mining Licenses to be Issued Next Year

Arab News, 18 June 2021: Saudi Arabia’s Vice Minister for Saudi Mining Affairs has announced mining licenses are going to be auctioned next year.

They will auction two major mining licenses for commodities including gold, copper and zinc.

The Kingdom is aiming to triple the sector’s contribution to national GDP to 240 billion Riyals and double the number of jobs to 470,000 by 2030.

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Marlé Van Sandwyk