Mining Division

ESNAD MINING

ESNAD MINING is a progressive corporation involved in the mining and sale of minerals and raw material to a wide range of industries. Contributing to the Saudi economy, We are committed to attaining and maintaining our mining processes at international standards, respecting both the environment and the safety of its employees at the workplace.
Saudi Arabia’s Vision 2030 reform agenda has elevated the mining sector’s role in the Saudi economy, positioning it as a third key economic pillar as part of the National Industrial Development and Logistics Program. The kingdom’s focus on mining is driven by a desire to diversify the economy and increase non-oil revenue as it weans itself off oil dependence. Furthermore, minerals are key inputs in many industries essential to Vision 2030 objectives, such as achieving a green transition, digitizing the economy, becoming a global hub for technology and connectivity, producing nuclear energy, and localizing military procurement.

ESNAD MINING

ESNAD MINING was founded by Group of Saudi’s Expert Geologists and Mining Engineers who have more than 100 years’ experience in the Mining Field. Supported by the Deputy Ministry for Mineral Resource, ESNAD Mining is currently starting Exploration in the first Gold and base metal license and waiting for the second Gold License.

OUR STRATEGY

Converting all exploitation licenses into Mining licenses within two years according to the Exploration program and the economic feasibility study program approved by the Board of Directors. The ore reserve in each license must not be less than 500,000 ounces of gold. Starting mining and mineral exploitation work at the beginning of 2027 AD.