| Work Detail |
The company is set to carry out necessary exploration studies during the statutory period Almasane Alkobra Mining Company (AMAK) has won two strategic base metals and precious metals exploration licenses in the Ministry of Industry and Mineral Resources’ round 5 bidding. The details are as follows: Exploration license of Al-Hijra Ore type: zinc, copper, lead, gold, and silver License location: Aseer Region License area: 274 sq km The site is beside the Almasane West exploration license and near the current mining license—AlMasane Mine—from which base metals (zinc, copper) and precious metals (gold, silver) are extracted. It covers a total area of 42.47 sq km. Exploration license of Jabal Qaran Ore Type: copper, lead and gold License location: Najran Region License area: 57.72 sq km The location is near the Kutam exploration license, covering a total area of 20.67 sq km. AMAK will carry out the necessary exploration studies during the statutory period to ensure the required raw materials are available. Earlier, Saudi Arabia’s Ministry of Industry and Mineral Resources announced 6 companies as qualified bidders for the Fifth Round of Exploration Licensing across six mining sites. |
