LIVE: Saudi Discovers Massive Gold Reserves As MBS Looks to Diversify Oil Economy

Описание: Saudi Arabia has announced a major new gold discovery in its western desert. State-owned mining company Ma’aden says it has added 7.8 million ounces of gold through fresh exploration at four mining sites. These remote mining projects and deposit zones are located in the mineral-rich Arabian Shield. The biggest addition comes from the Mansourah Massarah project, already Saudi Arabia’s flagship gold mine. The other sites are Uruq 20/21, Umm As Salam, and Wadi Al Jaww. The discovery supports Saudi Arabia’s push to diversify its economy beyond oil under Vision 2030, led by Crown Prince MBS. With gold prices high, the find could be worth tens of billions of dollars over time.

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Saudi Arabia gold discovery | Saudi gold reserves | Maaden gold find | Arabian Shield mining | Mansourah Massarah mine | Vision 2030 Saudi Arabia | MBS economic reforms | Saudi mining sector | Gold prices global | Saudi economy diversification | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News

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