Gold, silicon and iron ore mining project in Saudi Arabia

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Saudi Arabia
Mining industry
: 12
  • Gold, silicon and iron ore mining project in Saudi Arabia
  • Gold, silicon and iron ore mining project in Saudi Arabia
    Gold, silicon and iron ore mining project in Saudi Arabia
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    Gold, silicon and iron ore mining project in Saudi Arabia is opened for investors.

    Scope of work

    The first stage would require investing in 6 different sites in which would be mining for the following minerals:

    Mining sites:

    • Iron ore mine: A site with more than 70% of Irone percentage.
    • Gold mine: It needs a goyological survey and study to find reserve within the next five years.
    • Silica mine: It needs a goyological survey and study to find reserve within the next five years.

    Each site includes transforming, refining and storage plants. Each site is organized and up to the ministry of Industry and Mineral Resources.

    Plans & Permits

    Permits and пeological surveys are in process at the moment and are eased by the government in support of the new vision of 2030. The Kingdom’s vision into growing the industrial sector is one of the critical factors in the success of this investment. Each site is leased by the government for more than 20 years and it is extendable. The leasing rate is supported by the ministry and is reasonable.

    Investment Requirements

    • The Gold mine would require an investment of 6 million Saudi Riyal.
    • The Iron ore mine would require an investment of 40 million Saudi Riyal.
    • The Silica mine would require an investment of 15 million Saudi Riyal.

    In total, it is expected that the first approximate investment would value around 61 million Saudi Riyal.

    Partnership and Return of Investment (ROI)

    The business owners would like to offer you a partnership via investing in their mining business. The expected return of investment is high, and this opportunity would be one of a life time chance to expand into the mining filed in Saudi Arabia.

    16,000,000 $
    115,894,860 ¥
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