Logo ofThe Ministry of Industry and Mineral Resources
The Ministry of Industry and Mineral Resources announced that four consortiums and several companies have won the public, multi-round tender for mining exploration licenses in the Nabitah–Al-Duwaihi belt. 
According to the Ministry, there are 25 mining exploration sites, with total exploration commitments exceeding SAR 156 million.
The list of winning bidders included four consortiums comprising prominent companies, along with other firms, as follows:
1. The consortium of Hancock Prospecting Midana Exploration Pty Ltd with the Saudi Arabian Mining Co. (Maaden).
2. The consortium of Shandong Gold Group with Ajlan Bros Mining.
3. The consortium of Technology Experts with Andiamo Exploration Ltd.
4. The consortium of McEwen Inc with Sumou.
This is in addition to the following companies: Batin Al-Ard for Gold, Aurum Global Group, Al-Masar for Minerals, Saudi Gold Refinery, and Al-Etilaf Al-Mumayaz for Mining.
The Ministry also said that it will resume tendering for 10 additional sites in the same belt during the period September 16-18, with final results to be announced after completing all regulatory procedures.
In a related context, the Ministry will launch, on September 28, 2025, a public, multi-round tender for 162 new mining sites in the Al-Naqrah and Al-Sukhaybara Al-Safra Belts in the Madinah region.
This initiative comes as part of the Ministry’s plan to offer more than 50,000 square kilometers of mineral belts in 2025, aiming to broaden the investment base, increase spending on exploration activities, and open wider horizons for local and international investors.
Logo ofThe Ministry of Industry and Mineral Resources
The Ministry of Industry and Mineral Resources announced that four consortiums and several companies have won the public, multi-round tender for mining exploration licenses in the Nabitah–Al-Duwaihi belt.
According to the Ministry, there are 25 mining exploration sites, with total exploration commitments exceeding SAR 156 million.
The list of winning bidders included four consortiums comprising prominent companies, along with other firms, as follows:
1. The consortium of Hancock Prospecting Midana Exploration Pty Ltd with the Saudi Arabian Mining Co. (Maaden).
2. The consortium of Shandong Gold Group with Ajlan Bros Mining.
3. The consortium of Technology Experts with Andiamo Exploration Ltd.
4. The consortium of McEwen Inc with Sumou.
This is in addition to the following companies: Batin Al-Ard for Gold, Aurum Global Group, Al-Masar for Minerals, Saudi Gold Refinery, and Al-Etilaf Al-Mumayaz for Mining.
The Ministry also said that it will resume tendering for 10 additional sites in the same belt during the period September 16-18, with final results to be announced after completing all regulatory procedures.
In a related context, the Ministry will launch, on September 28, 2025, a public, multi-round tender for 162 new mining sites in the Al-Naqrah and Al-Sukhaybara Al-Safra Belts in the Madinah region.
This initiative comes as part of the Ministry’s plan to offer more than 50,000 square kilometers of mineral belts in 2025, aiming to broaden the investment base, increase spending on exploration activities, and open wider horizons for local and international investors.
