-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
AMAK clarifies on winning 3 exploration licenses in 7th competition round
AI Summary
Logo of Almasane Alkobra Mining Co. (AMAK)
Almasane Alkobra Mining Co. (AMAK) announced winning three exploration licenses in the seventh round of mining competitions held by the Ministry of Industry and Mineral Resources.
|
AMAK’s New Licenses |
|||
|
License |
Minerals |
Site |
Total Area (km2) |
|
Jabal Al Dimah |
Copper, gold and zinc |
Makkah Region |
210.90 |
|
Jabal Al Klah - North |
Silver, lead and zinc |
Riyadh Region |
98.15 |
|
Jabal Al Klah - South |
Silver, lead and zinc |
Riyadh Region |
9.21 |
The necessary exploration studies will be conducted during the statutory period to ensure the availability of the required raw materials.
The value and timing of the relevant financial impact will become clear after completing exploration works and studies within the specified period.
The company will duly announce any updates regarding this license.
The Ministry of Industry and Mineral Resources revealed winners of exploration licenses in six mining sites across Riyadh and Makkah, as part of the seventh round of mining competitions, Argaam reported on Jan. 14.
Comments 0
Be the first to comment
- Unemployment rate among Saudis at historical low of 7% in line with Vision 2030
- Tibbiyah waives SAR 100M in debt owed to Al Faisaliah Group
- Adeer Real Estate releases prospectus for Nomu listing
- Al Rajhi Takaful to provide insurance coverage for Al Rajhi Bank’s mortgage clients
- Saudi Cable CEO says capital increase file 'on right track'
Market Indices
Quotes
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: