Riyadh, Saudi Arabia — In a groundbreaking development, Saudi Arabia has struck gold — literally! The Saudi Arabian Mining Company (Maaden) has announced the discovery of 7.8 million ounces of gold across four major sites, marking one of the most significant finds in the Kingdom’s history.
The gold deposits were uncovered at Mansourah Massarah, Uruq 20/21, Umm As Salam, and Wadi Al Jaww, highlighting Saudi Arabia’s vast mineral wealth and its rapidly growing mining sector.
📈 Why This Matters:
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The discovery strengthens Saudi Arabia’s position as a global mining powerhouse.
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Supports the Kingdom’s economic diversification strategy beyond oil.
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Opens doors for further exploration and investment in the region’s rich mineral resources.
Maaden’s CEO emphasized that this achievement reflects years of strategic exploration and investment, with more potential reserves likely to be discovered in the coming years.
This massive find not only boosts Saudi Arabia’s mining and economic ambitions but also signals a new era for global gold markets, as the Kingdom taps into its untapped mineral wealth.
Stay updated as extraction and valuation efforts continue — the gold rush in Saudi Arabia has officially begun!
