Publisher: Maaal International Media Company
License: 465734
Tuesday, 8 July 2025
Saudi Arabia awards Moxico Resources and Ajlan & Bros Khnaighuiyah mining licence- ministry
The Moxico Resources PLC and Ajlan & Bros Mining Company consortium won the licence for exploration of Saudi Arabia’s Khnaighuiyah mines, where zinc and copper deposits are estimated around 26 million tonnes, the kingdom’s Ministry of Industry and Mineral Resources said.
The ministry awarded the licence for 255.6 million riyals ($68 million) after a four-day electronic auction.
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