Gold Mining Project

This investment takes place in Najran city, in the Kingdom of Saudi Arabia, and is held by Saudi citizens who noticed the opportunity and the great value of their land's mineral fortune. Two brilliant minds took the initiative to start their own mining business in their homeland and are now in the process of growing this business into one of the leading mines in the Kingdom of Saudi Arabia under the supervision of the Ministry of Industry and Mineral Resources and the guidance of H.R.H Prince Mohammed bin Salman’s vision for the 2030 Kingdom vision.

Scope of Work
The first stage would require investing in 6 different sites which would be mining for the following minerals:

Mining Sites:

Iron Ore Mine: A site with more than 70% of Iron percentage.

Gold Mine: It needs a geological survey and studies to find reserves within the next five years.

Silica Mine: It needs a geological survey and studies to find reserves within the next five years.

Each site includes transforming, refining, and storage plants.

Each site is organized and up to the Ministry of Industry and Mineral Resources.

Plans & Permits
Permits and Geological surveys are in process at the moment and are eased by the government in support of the new vision of 2030. The Kingdom’s vision of growing the industrial sector is one of the critical factors in the success of this investment. Each site is leased by the government for more than 20 years and it is extendable. The leasing rate is supported by the ministry and is reasonable.

Investment Requirements
The Goldmine would require an investment of 6 Million Saudi Riyal.

The Iron Ore mine would require an investment of 40 Million Saudi Riyal. The silica Mine would require an investment of 15 Million Saudi Riyal.

In total, it is expected that the first approximate investment would value at around 61 Million Saudi Riyal.

Partnership and Return on Investment (ROI)

The business owners would like to offer you a partnership via investing in their mining business.

The expected return on investment is high, and this opportunity would be a lifetime chance to expand into the mining field in Saudi Arabia.