Saudi Arabia's R9.5bn investment boosts Waterberg platinum project

Saudi Arabia's R9.5bn investment boosts Waterberg platinum project

A multibillion-rand investment to build platinum and base metals processing capacity in Saudi Arabia will support the development of a major platinum mining project in the Waterberg.

Saudi Arabia seeks mining deals with Chinese, Indian and Canadian firms in industry push

Companies from China and India announced billions of dollars' worth of investments in the Saudi mining sector, while Canadian companies could win contracts in the kingdom.

Platinum Group signs MoU to build refinery in Saudi Arabia

PLATINUM Group Metals, a Canadian company studying the development of the Waterberg Project in Limpopo province, has signed a memorandum of understanding with Saudi Arabia for construction of a PGM processing facilities in the Kingdom. The MoU, signed with Ajlan & Bros Company for Mining and the Ministry of Investment of Saudi Arabia, will look into a smelter and a base metals refinery to be supplied with concentrate from the Waterberg Project, …

Saudi Arabia secures $9bn to unlock mining potential

Saudi Arabia has announced investment agreements with global mining companies worth SAR35 billion ($9.32 billion), as the Gulf state seeks to capitalise on its estimated $1.3 trillion worth of untapped mineral resources. India-based Vedanta will build SAR7.5 billion copper facilities at Ras Al Khair Industrial City, including a greenfield smelter and refinery with a capacity of 400,000 metric tonnes per annum (tpa) and a 300,000 tpa copper rod p…

Saudi Arabia Announces Qualified Bidders for First Mineralized Belts Licensing Round - SaudiGulf Projects

The Ministry of Industry and Mineral Resources, Saudi Arabia has announced the qualified bidders for its inaugural mineralized belts licensing round. This landmark initiative has attracted prominent local and international mining companies vying for five exploration licenses covering 4,788 square kilometers. Following is the list of Qualified bidders: First Quantum Minerals Ltd Zijin Mining Group Ltd Hancock Prospecting A consortium of Artar & …

Saudi Arabia prequalifies bidders for first mineralised belts

17 companies including consortiums have been prequalified