Saudi Arabia signs mining deals with four nations
Saudi Arabia has signed memorandums of understanding (MOUs) for mining collaborations with Egypt, Russia, Morocco and the Democratic Republic of Congo at the Future Minerals Forum in Riyadh, Saudi Arabia.
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Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Visit: 151
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Visit: 184
US, Saudi Arabia in talks to secure metals in Africa
Mining News Pro - The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal reported on Sunday, citing people with knowledge of the talks.
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Visit: 163
Saudi Arabia’s crown prince looks to metals as new source of wealth
Mining News Pro - In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.
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Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project
Mining News Pro - Barrick Gold Corp is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.
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The mining world turns to Saudi cash for critical metal supply
Mining News Pro - A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player.
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Visit: 133
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm
Mining News Pro - Saudi Arabian Mining Company, known as Ma’aden, has agreed to acquire a 10% stake in Brazil’s base metals company Vale, it said in a bourse statement on Sunday, as part of a strategy to invest in global mining assets.
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Saudi metals deal to test Canada’s new foreign investor rules
Mining News Pro - Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines.
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Visit: 162
Saudi metals deal to test Canada’s new foreign investor rules
Mining News Pro - Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines.
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Rio Tinto has more work to do, cultural heritage audit finds
Mining News Pro - Rio Tinto has more work to do to protect Indigenous cultural heritage at its mines around the world, according to an independent audit of its practices, the world’s biggest iron ore miner said on Monday.
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Obtaining the top HSE performance rating of Golgohar Company in IMIDRO audit
Mining News Pro - In this audit, the five sectors of safety, health, infrastructure and HSE management systems, education and environment were evaluated
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Saudi Arabia aims to become leader in sustainable mining
Mining News Pro - The Saudi Arabian government recently contacted Australian miners about supporting its $170 billion mining plan. The Kingdom has already become one of the world’s leaders in terms of phosphate fertilizer production with state-owned Ma’aden.
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Saudi Arabia to auction five new mining exploration licenses in 2023
Mining News Pro - The ministry will launch the bidding process later for the licenses in Bir Umq, Jabal Idsas, Umm Hadid, Jabal Sahabiyah and Ar Ridaniyah, a statement from Bandar Al-Khorayef said.
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Robert Friedland’s Ivanhoe Electric one of three finalists for Saudi Arabia project
Mining News Pro - Saudi Arabia has narrowed the field to three finalists for a massive mining exploration licence about 175 km west of Riyadh that it says contains about 25 million tonnes of zinc and copper at grades of 4.11% zinc and 0.56% copper.
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Saudi Arabia announces $6bn investments in steel complex
Mining News Pro - Saudi Arabia’s Ministry of Industry and Mineral Resources said it has secured $6 billion for a steel plate mill complex and electric vehicle battery metals plant as part of plans to lure $32 billion of investment into the mining sector.
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Visit: 851
Saudi’s state-controlled miner names fourth CEO in two years
Mining News Pro - Saudi Arabia’s state-controlled miner has named its fourth chief executive officer in the past two years after replacing Abdulaziz Al-Harbi.
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Visit: 366
SQM ups ESG agenda with Standard for Responsible Mining audit
Mining News Pro - SQM, the world’s second-largest lithium miner, announced Wednesday the beginning of a third-party audit against the world’s most rigorous standard of best practices in environmental and social responsibility at industrial scale mines: the Initiative for Responsible Mining Assurance (IRMA)’s Standard for Responsible Mining.
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Saudi mining plan gets $3 billion EV boost from Australian firm
Mining News Pro - An Australian company plans to invest $3 billion in Saudi Arabia in a bet on the metals used in batteries for electric vehicles.
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Visit: 451
Saudi Arabia of cobalt: Congo eyes battery-metal price power
Mining News Pro - Democratic Republic of Congo, the world’s main source of vital battery ingredient cobalt, is also one of the poorest nations. And while it’s dominated by huge industrial mines, about a fifth of its silvery-blue metal is still hand-dug, in often unregulated and dangerous conditions.
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Saudi Arabia aims next to be largest hydrogen exporter
Mining News Pro - The world’s biggest oil exporter has set its sights on also becoming the largest supplier of hydrogen, a fuel seen as pivotal for curbing climate change.
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Visit: 747
Saudi Ministry of Industry and Mineral Resources launches mining reserves, complexes and mining licenses service
Mining News Pro - The minister of industry and mineral resources, Bandar bin Ibrahim Alkhorayef, launched a service on Thursday giving people access to the Taadin (mining) electronic platform that will include all electronically submitted applications for licenses, the registry of all licenses issued by the platform and their procedures, and the registry of mining complexes and mining reserves.
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Visit: 736
Saudi Arabia records 10% demand increase in 5M20
Mining News Pro - Saudi Arabia’s cement sector has reportedly seen a 10 per cent YoY demand growth in the first five months of 2020, according to Al Rajhi Capital.
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WA Premier orders Perth Mint audit into unethical purchasing allegations
Mining News Pro - The Perth Mint has initiated an independent third-party review of its audit process in response to allegations that the refinery was purchasing gold from a convicted murderer in Papua New Guinea.
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Visit: 622
Saudi Arabia aims to boost investment with mining law
Mining News Pro - Saudi Arabia’s cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons.
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Visit: 747