Riyadh, Sep 23: Saudi Arabia has introduced the invention of latest websites for gold and copper ore deposits within the holy metropolis of Medina. Copper ore was additionally discovered throughout 4 websites within the Al-Madiq space in the identical area.
The Saudi Geological Survey (SGS), stated that the discoveries of gold deposits had been accomplished throughout the boundaries of the Aba Al-Raha within the Medina area, Saudi Press Company (SPA) reported.
“With our discoveries, we open up more prospects for promising investment opportunities to the world,” tweeted Saudi Geological Survey.
— هيئة المساحة الجيولوجية السعودية (@SgsOrgSa) September 15, 2022
The discoveries of gold and copper are anticipated to assist the nation transfer previous its financial dependence moreover attracting funding as much as $533 million. This may also generate round 4,000 jobs, reported Al Arabiya.
The brand new discoveries will represent a qualitative leap for mining within the Kingdom, and open up extra prospects for promising funding alternatives, analysts stated, as per the report.