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Licenses Amendment

License amendment service allows the licensee to amend the minerals or increase the license area.

Description

License amendment service allows the licensee to amend the minerals or increase the license area. Which supports the investor to achieve exploration or exploitation goals based on operational findings. 

Companies

Target audience

Taadeen Platform

Service channels

Credit card, Debt card, SADAD

Payment Channels

5000 SR - 20,000 SR SAR

Fees

30 - 90 days for application processing

Service duration
  • Description
  • Submission method
  • Service Requirements
  • Service Terms

License amendment service allows the licensee to amend the minerals or increase the license area. Which supports the investor to achieve exploration or exploitation goals based on operational findings. 

  • Login to Taadeen.
  • Go to the Requests section.
  • Click on Submit new request.
  • Choose license amendment.
  • Complete the amendment form and attach required documents.
  • Submit the application and pay the amendment fees (if applicable).
  • Await Ministry review and approval.

Eligibility:

  • The license must be active during the amendment application.
  • Amendments are limited to updates in license coordinates, minerals, or work plans.

Documentation:

  • Completed amendment application form.
  • Supporting documents detailing the requested amendments (e.g., updated coordinates, minerals, plans, or technical reports).
  • Justifications for the amendment, including technical, economic, or operational reasons.

Conditions:

  • Approval Rights: The Ministry reserves the right to reject applications that do not meet eligibility or documentation requirements.
  • Coordinates Limit: Coordinates amendment requests must not exceed 50% of the original licensed area.
  • Compliance Standards: Licenses must remain compliant with environmental, social, technical, and operational standards during and after the amendment process.

Financial Obligations:

  • Payment of amendment application fees, as determined by the Ministry.
  • The Ministry reserves the right to impose additional terms or deny requests that do not align with compliance guidelines.
  • Changes to license parameters, such as coordinates, minerals, or plans, are subject to Ministry review and approval.
  • Licenses must continue to comply with all legal, environmental, social, and operational requirements during and after the amendment.