Saudi Arabia has discovered a huge gold deposit in the Al Khurma region of Mecca, south of the Mansurah Masara mine. Know what impact this discovery of Maden will have on the mining industry and the economy.

A very large gold mine has been discovered in Mecca, Saudi Arabia. According to the researchers, there is a huge amount of gold present in the mine, which is going to benefit Saudi Arabia a lot in the coming times.
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A huge gold mine has been discovered in Al Khurma Governorate located in Mecca, Saudi Arabia. It is 100 km away from the mine of Mansurah Masara.
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Drilling in Uruk, located south of Mecca, has yielded some impressive results. According to the report, there is a possibility of getting 10.4 grams of gold in one tonne. Apart from this, there is a possibility of getting 20.6 grams of gold in one tonne at two more places.
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After the identification of gold, Maden is considering drilling the entire area. For this, they have decided to dig for 25 kilometers, which extends to Jabal al-Gadara and Bir al-Tawila.

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However, initial results have revealed that a good amount of gold has been found up to 125 km. With this help, Saudi Arabia can come on top in the list of all the big gold producing countries of the world in the coming time.
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According to Ma'den's report, the Mansurah Masara mine has so far declared 7 million ounces of gold. Every year 250,000 ounces of gold is extracted from it. Technically this mine is considered one of the most advanced mining projects in Saudi Arabia.
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Ma'aden's CEO Robert Will said on the new discovery of gold that this will take us much ahead in terms of gold across the world. This discovery is in line with Saudi Arabia's Vision 2030 strategy. Public Investment Fund (PIF) has a 67% stake in Ma'aden, which makes this project extremely important not only from an economic but also from a national strategic point of view.
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The expansion of the Mansurah Masara mine and the confirmation of reserves in new areas make it clear that Saudi Arabia no longer wants to depend only on oil.
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Saudi Arabia's new gold discovery not only marks a step toward the country's diversified economy, but will also open up new opportunities for revenue, employment and global investment in the years to come.
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The global demand for precious metals like gold is constantly increasing. In such a situation, this step of Saudi Arabia can give it a new identity not only in the mineral sector but also on the global economic platform.
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