Saudi Arabia's gold rush - in pictures

  • Gold in Saudi Arabia is a National Treasure with Production Volume Exceeding 323 tons, and Investment Volume of SAR7 Billion. All photos: Saudi Press Agency
    Gold in Saudi Arabia is a National Treasure with Production Volume Exceeding 323 tons, and Investment Volume of SAR7 Billion. All photos: Saudi Press Agency
  • The gold produced in Saudi Arabia is the product of six mines. There are also six factories, with a combined investment value of about $1.86 billion, that produce gold and silver bars.
    The gold produced in Saudi Arabia is the product of six mines. There are also six factories, with a combined investment value of about $1.86 billion, that produce gold and silver bars.
  • The biggest gold mine in the kingdom is the Al Dweihi mine in Makkah, which in 2020 produced more than half the gold mined in Saudi Arabia, more than 7,000 kilograms.
    The biggest gold mine in the kingdom is the Al Dweihi mine in Makkah, which in 2020 produced more than half the gold mined in Saudi Arabia, more than 7,000 kilograms.
  • The mining industry is expected to play an increasing role in Saudi Arabia's move to diversify its economy away from oil and gas.
    The mining industry is expected to play an increasing role in Saudi Arabia's move to diversify its economy away from oil and gas.
  • Several local ad international companies have been grated licences or permits to further explore the kingdom's mineral resources.
    Several local ad international companies have been grated licences or permits to further explore the kingdom's mineral resources.
  • Saudi Arabia's ministry of industry and mineral resources believes there are several probable sites of gold reserves in the country and recently approved 12 locations for gold mining.
    Saudi Arabia's ministry of industry and mineral resources believes there are several probable sites of gold reserves in the country and recently approved 12 locations for gold mining.