Vast storehouse of gold and silver has been found in THIS country, not Iran, Iraq, it is…

The largest ever mineral reserves of gold, silver, copper and zinc have been discovered in Saudi Arabia’s Najran region, in what is being seen as the biggest economic relief of the year for Crown Prince Mohammed bin Salman. Amidst fluctuations in oil prices and increasing expenditure on big projects, this discovery can play an important role in changing the economic direction of the country.

1.1 lakh tonnes of high-value minerals discovered

Lamasane Al-Kobra Mining Company said that about 1.1 lakh tonnes of minerals have been found in just one area. These include precious metals such as gold, silver, and copper, whose prices in the international market are currently at record levels. The company discovered this large deposit after drilling to a depth of approximately 27,000 meters, beginning in February 2025.

Drilling done in only 10% of the area, expectation of bigger discoveries in future Saudi AMAK company said that this area of ​​Najran is very vast and till now only 10% of the area has been drilled. According to the company, huge quantities of minerals are expected to be found in more areas in the coming months, which could increase the total mineral reserves manifold.

Saudi Arabia’s economy will receive a boost

This discovery could increase Saudi Arabia’s income by trillions of dollars. Minerals are considered a key pillar of Vision 2030, a plan to reduce oil dependence. The new mineral reserves will provide a strong foundation for this plan, ensuring that Saudi Arabia’s economy will no longer be dependent solely on the petroleum sector.

A 10-Year License and Potential Gold Area

AMAK has been granted a 10-year license in an area called Katina. This area includes an area of ​​9.84 square kilometers that is considered the most likely to contain the largest gold deposits.

Mineral race likely to intensify in Gulf countries

This major discovery could not only make Saudi Arabia a major player in the mineral market but is also expected to spur mining investment in other Gulf countries. It is believed that this could intensify the ‘mineral race’ in the Middle East, which will usher in new economic strategies.