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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. 

  • 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.

The license is issued for a duration of 30 years, and renewable for an additional 30 years. 

The total duration of the license and its renewal does not exceed 60 years.

Ta'adeen Platform.


 

  • Application fees: 10,000 SAR.
  • Issuance fees: 20,000 SAR.
  • Renewal fees: 20,000 SAR.

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