Friday 10 July 2020

Six new gold reserves found in Saudi

Riyadh, February 27, 2014

A total of six gold and two copper deposits have been discovered in Saudi Arabia since 2010, according to a recent announcement from the Saudi Geological Survey (SGS), a report said.

A number of key achievements have been made by SGS in the field of metallic and nonmetallic minerals, SGS president Zuhair Nawab was quoted as saying in the Arab News report.

"SGS conducted detailed excavations, and more recently, completed topographic surveys, collected surface samples, made detailed maps, conducted geophysical studies and pulpous drilling to evaluate the reserves of raw materials and their density," Nawab was quoted as saying in the report, which cited a local newspaper.

"The sediments themselves are enough to attract mining companies for further investments," he added.

Tags: Saudi Arabia | Copper | gold reserves |

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