Monday, 16 October 2017
The people of Azad Jammu and Kashmir (AJK) are sitting on a treasure chest: millions of rubies, estimated to be worth up to half a billion dollars, are lying beneath them.But archaic tools and a lack of investment in infrastructure and techniques are hampering efforts to transform the area into a significant player in the gem industry."Mining is done by small blasts – and we lose 40 to 50 percent of the value of the stones, and secondly due to lack of investment in our corporation we ...
Friday, 6 October 2017
The Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz al-Falih said that 2,000 mining licenses have been provided to the private sector with a total value on of $66 billion in Saudi Arabia.. "The number of mining licenses granted by the ministry to the private sector is approximately 2000 mining licenses covering about 70 thousand square kilometers,” he said during a meeting with the Russian Minister of Natural Resources and Environment Sergey Donskoy. Donskoy ...
Saturday, 26 November 2016
The government sees mining as the eventual third pillar of its economy after petroleum and petrochemicals
Tuesday, 23 August 2016
The British national was killed while trying to defuse a bomb planted by ISIS
Wednesday, 29 June 2016
The country seeks to reverse its fortunes after a five year economic slump, with prospectors hoping to strike it big
Monday, 19 October 2015
Leading local and international experts agree that the Saudi Arabia has what it takes to be a mining and minerals superpower
Wednesday, 4 June 2014
Maaden is also considering introducing downstream operations to the Madinah regio
Wednesday, 5 February 2014
Ministers of petroleum, electricity and economy were among officials that attended the ceremony
Sunday, 29 December 2013
The company had shut one of its smelting lines in mid-October due to problems that encountered a production ramp up
Sunday, 11 August 2013
The mining sector of the Middle East and North Africa is projected to see a strong growth over the coming years, Business Monitor International said in its MENA Mining Report Q3 2013. With low base effects, governmental will to increase non-oil revenues and significant resources it appears the region is set for strong growth. Turkey and Northern Iraq were identified as key areas for growth. That said, the region will remain peripheral in the global mining sector as it continues to underperform ...