21.12.2025 22:40
With 267 billion barrels, Saudi Arabia has the second largest oil reserves in the world, and it is also enriching its wealth with valuable minerals. The discovery of 11 million tons of gold, copper, zinc, and silver reserves in the southern Najran region will significantly contribute to the kingdom's economic diversification goals.
Approximately 11 million tons of mineral resources containing valuable minerals such as gold, copper, zinc, and silver have been identified in the Najran region in southern Saudi Arabia. This development is considered a significant step in the kingdom's mining sector.
MAJOR DISCOVERY BY AMAK
The discovery was made by Almasane Alkobra Mining Company (AMAK), which announced that over 27,000 meters of drilling has been conducted thanks to a comprehensive drilling program that began in February 2025. It is noted that drilling has only been carried out in about 10% of the licensed area so far, and the reserve potential could be increased.
According to initial assessments, the discovered resource contains a large amount of gold, copper, zinc, and silver, while this region, located about 100 kilometers from AMAK's existing operating facilities, also provides logistical advantages.
RESERVE ESTIMATES ARE VERY HIGH
AMAK aims to further strengthen its current reserve estimates with expanded drilling and geophysical studies planned for 2026. Additionally, the first comprehensive mineral resource report is expected to be published in the second half of the year.
DIVERSIFICATION BEYOND OIL IN THE ECONOMY
Saudi Arabia is focusing on a strategy to free its economy from oil dependency and strengthen the mining sector within the framework of Vision 2030. This major discovery is seen as significant in reinforcing the country's rising role in the precious metals sector.