Industry Ministry to tender 8 mining sites in Riyadh, Eastern Province

The Ministry of Industry and Mineral Resources announced that it has allocated eigt mining complexes for bidding process in the Riyadh and Eastern Provinces, with the aim of stimulating investment in the mining sector.

The designated complexes include the Gunan, Al-Masnat, Al-Suman and Ras Al-Qarya complexes, as well as the eastern and western Salwa complexes in the Eastern Province, in addition to the Al-Bahs ore complex in Al-Aramah, and the second limestone ore complex in Hafariyat Nisah in Riyadh Province, Saudi Press Agency reported.

The ministry also indicated that it is looking forward to attracting specialized companies interested in investing in this sector, and contributing to the development of the areas adjacent to the sites of mining activities, by employing the citizens of those areas in mining projects.

The ministry also seeks to achieve sustainability for the sector, increase investor confidence in it, and protect natural resources from illegal encroachments.

Source : Argaam