{"id":64268,"date":"2024-03-28T13:26:25","date_gmt":"2024-03-28T10:26:25","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=64268"},"modified":"2025-11-26T04:28:30","modified_gmt":"2025-11-26T04:28:30","slug":"%d8%a5%d9%86%d9%81%d9%88%d8%ac%d8%b1%d8%a7%d9%81-%d9%88%d8%b2%d8%a7%d8%b1%d8%a9-%d8%a7%d9%84%d8%b5%d9%86%d8%a7%d8%b9%d8%a9-%d8%aa%d8%b5%d8%af%d8%b1-25-%d8%b1%d8%ae%d8%b5%d8%a9-%d8%aa%d8%b9%d8%af","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/64268\/","title":{"rendered":"Infographic: Ministry of Industry issues 25 new mining licenses in January"},"content":{"rendered":"

Issued Ministry of Industry and Mineral Resources<\/a><\/strong> 25 new mining licenses were issued in January 2024, including 10 licenses for construction material quarries, 7 exploration licenses, 5 licenses for mining operations and small-scale mining, and 3 exploration licenses, according to a report by the Ministry\u2019s National Center for Industrial and Mining Information.<\/p>\n

The report indicated that the total number of valid mining licenses in the sector as of the end of January stood at 2,383, led by building materials quarry licenses with 1,513, followed by exploration licenses (613), mining and small-scale mining exploitation licenses (195), prospecting licenses (37), and surplus mineral ore licenses (25).<\/p>\n

Mining Investment System<\/strong><\/h4>\n

The Mining Investment Law and its implementing regulations specify six types of mining licenses, including: an exploration license, which covers all types of minerals for a period of two years, renewable, an exploration license for all types of minerals valid for five years for minerals in Categories (A) and (B), a license for Category (C) minerals valid for one year, and a general-purpose license linked to a mining license or small-scale mine license.The regulations also specify exploitation licenses, which include: a mining license for minerals in Categories (A) and (B), with a term not exceeding 30 years, renewable or extendable; a small-scale mining license for minerals in Categories (A) and (B), with a term not exceeding 20 years, a construction materials quarry license designated for Category (C) minerals, with a license term of up to 10 years, subject to extension; the regulation also includes a license for \u201csurplus mineral ores at project sites or on privately owned land.\u201d.<\/p>\n

And seek Ministry of Industry and Mineral Resources<\/a> <\/strong>To protect the mining sector and maximize its value in line with the objectives of the Kingdom\u2019s Vision 2030, and the National Industry and Logistics Development Program; to transform mining into the third pillar of the national industry, and to work toward exploiting the Kingdom\u2019s mineral resources, which are spread across more than 5,300 sites, and are estimated to be worth approximately 5 trillion riyals.<\/p>\n

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Key Mining Indicators and Figures for January 2024.#Industry_and_Mineral_Wealth<\/a> pic.twitter.com\/97aN6oaUbu<\/a><\/p>\n

- Ministry of Industry and Mineral Resources (@mimgov) March 25, 2024<\/a><\/p><\/blockquote>\n