Latest Saudi Arabian Mining News

Resource Minerals International has identified four priority gold target zones at its Shaib Marqan Project in Saudi Arabia following a detailed ground magnetic survey, setting the stage for a 5,000-metre drilling campaign in 2026.

Alcoa Corporation reported a net income of $232 million for Q3 2025, driven by strategic asset sales and operational milestones including the permanent closure of its Kwinana alumina refinery and the sale of its Saudi Arabia joint venture stake.

Resource Minerals International Ltd has acquired a 50% interest in a Saudi Arabian joint venture, gaining access to the highly prospective Shaib Marqan gold and base metals exploration licence. This move positions RMI to leverage Saudi Arabia’s expanding mining sector under Vision 2030 reforms.

Sierra Nevada Gold (ASX – SNX) has qualified to bid for exploration licenses in Saudi Arabia’s Arabian Shield, leveraging its regional expertise to tap into a promising new frontier aligned with the Kingdom’s Vision 2030.