Gold and Iron Ore Mining Project in Saudi Arabia
Financial Details
- Asking Price:
- $16,000,000
- Profit Metric:
- None Provided
- Location:
- Najran, SA
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a significant investment opportunity in the Kingdom of Saudi Arabia's burgeoning mining sector. Located in Najran city, the project focuses on developing multiple mining sites, including those for gold, iron ore (with over 70% iron content), and silica. Each site is planned to include transforming, refining, and storage facilities, operating under the supervision of the Ministry of Industry and Mineral Resources and aligned with Saudi Vision 2030. Permits and geological surveys are in process, facilitated by government support for industrial growth. The sites are leased from the government for over 20 years, with options for extension, ensuring a stable operational base. The total initial investment required for the first stage across the gold, iron ore, and silica mines is approximately 61 Million Saudi Riyal. This partnership opportunity offers the potential for high returns in a strategically important industry.
Industry Information
- Industry Description:
- Mining
- Classification:
- Agriculture
Real Estate & Lease
- Status:
- Leased
Listing Details
- Listing ID:
- b0f0b6ff-6fe4-40d9-ad15-9bf6abc12acf
- Deal Status:
- For Sale
- Date Posted:
- January 09, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD