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In April 2026, the Ministry of Industry and Mineral Resources issued 128 new mining licenses to boost the development of the mining sector in the Kingdom. Among these, 104 are exploration licenses and 11 are small-scale mine exploitation permits. The total number of active licenses to date stands at 3,248, with construction material quarry licenses leading at 1,684. Mining investment regulations specify the durations for reconnaissance, exploration, and exploitation licenses, with a focus on diversifying income sources and strengthening the national economy.
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