Amak Confirms Valuable Minerals in Najran
Maaden Phosphate Company announced the discovery of approximately 14 million tons of mineral resources at the "Jabal Qarn" project in Najran, based on an independent assessment aligned with the JORC standard. The classified resources include around 11.3 million tons, of which 7.1 million tons are proved resources and 4.1 million tons are probable resources, in addition to 2.7 million tons of unclassified materials that may become resources as excavation progresses. These resources contain a variety of minerals such as zinc, copper, gold, and silver, providing the project greater flexibility in processing design and economic viability assessments. Production is expected to begin by 2027, with ongoing work to improve confidence in the unclassified resources and increase the amount of extractable reserves, while the company continues studies to develop the project and transform it into a commercial mining facility.
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