Saudi Ministry of Industry and Mineral Resources Invites Investors to Explore 716 Square Kilometers of Mineral Potential at Umm Hadid, Bir Umq and Jabal Sahabiyah Sites
Retrieved on:
Wednesday, July 19, 2023
Mineral, Employment, Zinc, Ministry (collective executive), Silver, Lead, Saudi Geological Survey, Ministry, Outline, Gross domestic product, Gold, Mining, Bidder conferences, Growth, Ministry of Industry and Mineral Resources (Saudi Arabia), Copper, Mineral Resources Limited, Riyadh Province, Medina Province (Saudi Arabia), Kingdom
The Ministry and the Saudi Geological Survey presented geological and technical information about the sites to the bidders to further examine the sites' mineral potential.
Key Points:
- The Ministry and the Saudi Geological Survey presented geological and technical information about the sites to the bidders to further examine the sites' mineral potential.
- The visited sites are the following: Bir Umq in the Madinah Province, covering an area of 187 square Kilometers, which contains mineral potential of copper and zinc; Umm Hadid in the Riyadh Province, spanning 246 square Kilometers, featuring potential of silver, lead, zinc and copper; and the Jabal Sahabiyah site in the Aseer Province, covering 283 square kilometers, which holds potential of zinc, lead, and copper.
- These must include employment and local purchases from the local communities adjacent to the sites, which will contribute to the growth and development of these regions.
- They will also demonstrate their ability to develop an innovation plan in the sites.