Saudi Arabia discovers large gold, copper deposits in Medina


oi-Deepika S


Google Oneindia News

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.

Saudi Arabia discovers huge gold, copper deposits in Madinah

“With our discoveries, we open up more prospects for promising investment opportunities to the world,” tweeted Saudi Geological Survey.

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.

4 held with 11 kg gold bars near Kolkata4 held with 11 kg gold bars close to Kolkata

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.

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