Saudi Arabia’s Record Gold Production: 7.8 Million Ounces Revealed 💰
Автор: World Defense Global
Загружено: 2026-01-18
Просмотров: 454213
Описание:
Saudi Arabia’s state-owned mining company, Ma’aden, has extracted a record-breaking 7.8 million ounces of gold (~221,000 kg) from four new mines.
Key mines: Umm al-Salam, Wadi Al-Jaw, and Mansoura Mas-Sara.
First-time production: Wadi Al-Jaw yielded approximately 3.08 million ounces of gold.
Highest output: Mansoura Mas-Sara produced 3 million ounces.
Economic impact: Saudi Arabia aims to increase its mineral reserves and establish itself as a top global gold producer.
Global market impact: With lower production costs and faster supply, Saudi Arabia could influence international gold prices, potentially creating downward pressure.
This massive gold reserve marks a historic achievement and is considered a long-term, significant event for the global gold market.
#SaudiGold #GoldProduction #GlobalMarket
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