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Mining licences triple amid Riyadh’s exploration drive
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Mining licences triple amid Riyadh’s exploration drive
The amount of mining licences issued by Saudi Arabia more than tripled year on year in 2025, as the kingdom accelerated the pace of unlocking an estimated $2.5 trillion in mineral wealth. The number of mining and small-mine exploitation licences reached 61 last year, up from 19 in 2024, Jarrah Aljarrah, a spokesman for the industry and mineral resources ministry, said in a statement. Total investments in the new licensed projects exceeded SAR44 …
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