IssuerAnnouncementDetailsV2Portlet
ActionsAlmasane Alkobra Mining Company (AMAK) announces the issuance of an Exploration license for Quartz from the Ministry of Industry and Mineral Resources.
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Announcement Detail | Almasane Alkobra Mining Company (AMAK) announces the issuance of an exploration license for Quartz from the Ministry of Industry and Mineral Resources. License location : Najran Province/Aseer Province License No:144625. License Issuance date: 07-02-1446 AH Corresponding to 11-08-2024 AD. License Expiry date: 29-03-1451 AH Corresponding to 10-08-2029 AD. Total Area: 90.15 km2. This license was issued in accordance with the Mining Investment Law issued by Royal Decree No. M/140 dated 19/10/1441 AH and its executive regulations. The company will carry out the necessary exploration studies during the statutory period to ensure the availability of the required raw materials. The financial impact value and timing of this license will become clear after the completion of exploration work and studies within the legal period, and the company will announce any major developments regarding this license |
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