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Saudi Arabia has announced the discovery of a “significant gold resource potential” in the Kingdom.In a X post, on Thursday, December 28, Saudi Arabian Mining Company (Ma’aden) informed that the new discovery extends along a 100 kilometre (km) stretch from the existing Mansourah Massarah gold mine.

This is the first discovery within the Ma’aden intensive exploration programme, which was launched in 2022 and aims to build a mineral production line.

“These discoveries are a significant demonstration of the untapped potential of mineral resources in Saudi Arabia, supporting the diversification of the country in line with Vision 2030 and establishing mining as the third pillar of the Saudi economy,” Robert Wilt, chief executive of Ma’aden, said.

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