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Petroleum & Mineral Resources

 

 

Saudi Arabia Petrolium & Mineral ResourcesSaudi Arabia Petroleum & Mineral ResourcesSaudi Arabia Petrolium & Mineral Resources

Crude Oil
The Saudi petroleum reserve is estimated at 315 billion barrels, and the natural gas reserve is estimated at 253 trillion cubic meters.

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The Saudi Crude Oil Trade & Information's Center

 

Gold and Silver
Promising sites of minerals have been discovered, and 540 licences to explore minerals as well as fifteen concession licences for gold, silver, copper, zinc, lead and iron have been granted. Other minerals explored in the Kingdom include radiant minerals, platinum, tin, chrome, nickel, titanium, and precious stones. Gold and silver are found in varying quantities in Dhalum, Umm Al-Qiryat, Mahd Addahab in the northwest and Assir in the south. The Ministry of Petroleum and Mineral Resources has identified more than fifty-three locations containing gold ore. The best of these deposits, were selected to provide positive clues to future economic utilization. In 1993-94 (1413-1414 H.), the production of gold amounted to 752 ounces from Mahd Addahab mines and Sukhairat. These petroleum and mineral resources have added greatly to the value of the Saudi Riyal.

 

Silver
Silver is found in the northeast near Samra, Umm Al-Qusor, Abu Al-Sinon, Umm Al-Hadid and in other locations in the company of gold, copper and zinc. The most important location is in the region of Nugrah, 230 kilometers northeast of Al-Madinah Al-Munawwarah. Reserves in southern Nugrah are estimated to be approximately 466,300 tons, and there are about 400 thousand tons in northern Nugrah.

 

Copper
Copper is found in association with zinc along the western part of the Central region. It is also found in the region of Umm Syide northeast of Jeddah, with reserves estimated at 29 million tons from these deposits. It has been proved that it is technically feasible to produce concentrations of 29 percent copper with an annual production of about 120,000 tons. Copper ore is also found in the Al-Masanae region near Riyadh in reserves estimated at 7 million tons. Reserves of about 4 million tons were also located west of Riyadh.

 

Iron
This metal is found in the Swawin region to the west of Tabuk town in northwest Saudi Arabia in reserves estimated at 84 million tons and with a concentration rate of 42.5 percent. Vital iron deposits are also found in the region of the Adsas mountains southwest of Riyadh in reserves estimated at 300 million tons concentrations of iron of between 18 to 20 percent. Reserves in Wadi Fatmah, to the east of Jeddah are estimated at 48.4 million tons with iron concentration of 46.2 percent.

 

Rare strategic minerals
Rare strategic minerals have been explored in plutonic granite in the region of Qariyah, southwest of Tabuk town, and in the Atawlah mountain region west of Tabuk in the northwest, where possible reserves are expected to exceed 6 million tons. In the Mount Syide region, possible reserves are estimated at 23 million tons.

 

Radiant minerals
Radiant minerals like uranium and thorium have been discovered in small quantities in the central and northwestern parts of the Kingdom (the Tabuk basin).

 

Platinum
Platinum minerals, which include platonium and paladonium are found in sub-base rocks in the region of Wadi Kamal in north west along the Red Sea. Other minerals such as chrome, tin and nickel are found in uneconomic quantities in a number of regions in the Kingdom.

 

Non-metallic minerals
These include industrial minerals, adornment stones and precstones. The industrial minerals are phosphate, bauxite, potash, limestone, glass sand, perlite, gypsum and others. Phosphate is found in the Glameed region to the east of Traif Town, in reserves estimated at 213 million tons and a concentration of 21 percent of phosphorous oxide. It is expected that production of concentrated phosphate will reach 4.5 million tons annually. Bauxite ore is found in the Zubairah region to the East of Hail, in reserves estimated at about 173 million tons. Manganese ore is found to the west of Hail in possible reserves that exceed 4 million tons. Silica sand is found in the Botain region, east of Riyadh, along an area of 75 square kilometers, in reserves estimated at 10 million tons, sufficient to supply the two glass factories under construction in the region. The Ministry of Petroleum and Mineral Resources has identified more than 2000 sites that contain raw material necessary for the following industries:

  • Cement
  • Gypsum
  • Glass
  • Chinese ceramics
  • Red brick
  • Limestone
  • Rock wool

These raw materials have assisted greatly in the establishment of factories, quarries and laboratories which have boosted the national economy. With regard to adornment and precious stones, the Ministry has developed many sites and handed them over to the private sector for investment. Of these stones is the granite rock in Gassim, which was used in the project of the Custodian of the Two Holy Mosques for the expansion of the two holy mosques in Makkah and Al-Madinah. Other precious stones found in the Kingdom include cornelian, berit and moonstone.

 

 

 

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