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Exploration License

The exploration license gives the investor the right to explore for specifiers minerals in the specified area through surface mining and geophysical/geochemical analysis.

Description

The exploration license gives the investor the right to explore for specifiers minerals in the specified area through surface mining and geophysical/geochemical analysis.

Target audience

Taadeen Platform

Service channels

5000 SAR

Application Fee

5000 SAR

Issuance Fee

5000 SAR

Renewal Fee
  • Submission method
  • Duration
  • Requirements
  • The license for minerals of categories (A) and (B) can only be renewed, and the application must be submitted at least (30) days prior to the expiration of the license.
  • Provide a plan for managing the environmental and social impact (the plan is updated upon license renewal request).
  • A plan to manage the social impact of activities that include contributing to the development of local communities.
  • Commitment to the minimum spend on exploration.
  • Financial solvency and feasibility study.