🇸🇦Saudi Arabia discovers 7.8 million ounces of gold across 4 sites
State-backed mining company Maaden said that the exploration programme is one of the largest of its kind globally within a single jurisdiction.#GOLD
Saudi Arabia has uncovered major new gold reserves at four sites across the Kingdom, adding more than 7 million ounces to its known resources following fresh discoveries and targeted drilling.#CPIWatch $BTC
State-backed mining company Maaden said on Monday, January 12, that its latest exploration campaign has resulted in total resource additions of 7.8 million ounces of gold. The discoveries span operating mines, early-stage prospects, and entirely new areas within Saudi Arabia.
In a post on X, the company described its exploration programme as one of the largest of its kind globally within a single jurisdiction. “Today, we announced that we have contributed more than 7 million ounces in addition to our reported KSA gold resources across four strategic assets,” it said.
