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Mining License

Mining license gives the investor the right to mine and exploit the specified Classes A & B minerals. In addition, it allows the investor to transfer and sell the exploited minerals along with full operational rights.

Description

Mining license gives the investor the right to mine and exploit the specified Classes A & B minerals. In addition, it allows the investor to transfer and sell the exploited minerals along with full operational rights. 

Target audience

Taadeen Platform

Service channels

10000 SAR

Application Fee

20000 SAR

Issuance Fee

20000 SAR

Renewal Fee
  • Submission method
  • Duration
  • Requirements
  • The application site should be within the valid exploration license area.
  • When renewing the license, the application must be submitted at least (180) days prior to the expiration date of the license.
  • Provide a plan for managing the environmental and social impact (the plan is updated upon license renewal request).
  • Provide a plan for rehabilitation and closure (the plan is updated upon license renewal request).
  • Provide an economic feasibility study for the exploitation of ores and minerals.
  • Provide evidence of technical competence and financial capability.
  • Provide financial guarantee.