The Saudi Geological Survey will announce the findings of various geological survey projects at the upcoming Third Future Mining Forum, according to an official statement issued on Thursday.
The forum is scheduled to be held on Jan. 10, 2024 in Riyadh. The statement said as part of the General Geological Survey Program initiative, findings of several surveys undertaken in the Kingdom will be presented at the event. Prominent among them include an aerial geophysical survey and findings of a geochemical exploration in the Kingdom.
Findings of these surveys will also be made accessible on the National Geological Database on the same day, the statement added.
The event comes as the Kingdom’s mining sector is witnessing a rapid transformation and attracting big investors from various parts of the globe, thanks in part to the government’s launch earlier this year of a new mining law which removed unnecessary formalities and hassles involved in obtaining exploration licenses in Saudi Arabia.
Apart from providing licenses in a very short time, Saudi Arabia is also ensuring that the mining sector in the Kingdom operates in a sustainable manner, especially considering the nation has set the target of net-zero emissions by 2060.
Source: www.arabnews.com
