Saudi Arabia ‘very much open for business’, official tells mining event
Saudi Arabia is “very much” open for business, Vice-Minister of Mining Affairs Khalid Al-Mudaifer told the MINExpo International this week, outlining opportunities for investors, explorers, miners and service providers.
Saudi has singled out mining to become the third pillar of the country’s industrial growth and has attracted significant domestic and international investment in mining commodities, like gold, phosphate and aluminium.
In a press release issued by the Ministry of Industry and Mineral Resources, Barrick COO for Africa and Middle East, Willem Jacobs, is quoted as saying that Saudi is well positioned for export markets to the east and west.
“We find it very easy to reach export markets from where we are,” Jacobs said. He added that the major had a good working relationship with the government and that the country’s infrastructure was good.
Barrick owns the Jabal Sayid copper operation in a 50:50 joint venture with Ma’aden in Saudi.
Meanwhile, Al-Mudaifer announced details of the inaugural Future Minerals Summit to be held in January in Riyadh. The event would focus on the mining potential of the Middle East, Central Asia and East Africa.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation