"Gold Refinery": Discovery of 9 Trillion Riyals Worth of Natural Resources in the Kingdom

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Riyadh - Mubasher: Sulaiman Al-Othaim, Chairman of the Board of Directors of the Saudi Gold Refinery Company, said that there is in the Kingdom of Saudi Arabia what is known as the "Arabian Shield", which is an area equivalent to 650 kilometers, full of natural resources in the earth's interior, whether those resources are gold, copper or chromium, in addition to many other materials.

He added in special statements to "Information Direct" that currently, natural resources have been discovered in the earth's interior, with a value of 9 trillion riyals of raw materials in the Kingdom, and it is expected that their value will reach 10 times, to be discovered during the next 10 years.

Al-Othaim explained that the Ministry of Industry and Mineral Resources has begun granting licenses to businessmen, which will lead to more discoveries.

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