Crown princes chair Saudi-Bahraini Coordination Council meeting in Riyadh

RIYADH: The Saudi Ministry of Industry and Mineral Resources is participating in the Investing in African Mining Indaba 2024, the Saudi Press Agency reported on Wednesday.

The conference is being held between Feb. 5 and Feb. 8 in Cape Town, and is dedicated to the successful capitalization and development of mining interests in Africa.

Khalid Al-Mudaifer, vice-minister for mining affairs, inaugurated the Kingdom’s pavilion at the conference under the theme “Invest in Saudi Arabia.”

The pavilion is being jointly run by the Ministry of Investment, the General Authority for Survey and Geospatial Information, along with various private-sector entities. It aims to foster dialogue with international investors by providing an overview of the investment process and showcasing the Kingdom’s rich mineral resources, positioning Saudi Arabia as a global mining leader.

The pavilion is also seeking to promote the Saudi mining sector’s growth and the strategic objectives of enhancing the Kingdom’s appeal to global mining investors. It emphasizes the sector’s development, the potential for exploration, and the hope of attracting international investments to foster exploration opportunities.

A key highlight of the conference will be a meeting hosted by Saudi Arabia, titled “Unleashing the Exploration Potential in the Kingdom of Saudi Arabia: Cooperation, Innovation, and Sustainability.”

This session will focus on the exploration sector’s prospects within the Kingdom, underscoring sustainability practices, collaborative opportunities, technological advancements, and its economic impact.