Rawafed Alola Mining announced that it has been awarded eight (8) exploration licenses within the Sukhaybarat–As Safra Mineral Belt, as part of the ninth competitive bidding round launched by the Ministry of Industry and Mineral Resources.

The awarded licenses cover areas at varying stages of exploration maturity, including sites with advanced historical exploration data as well as early-stage, highly prospective targets, enabling the company to develop a balanced and scalable exploration portfolio.

Rawafed Alola Mining stated that this achievement represents a significant strategic milestone, strengthening its presence within one of the most promising mineralized belts of the Arabian Shield. The company will implement systematic exploration programs in line with international best practices, while adhering to the highest standards of sustainability, governance, and regulatory compliance.

The company reaffirmed its commitment to working closely with relevant authorities and stakeholders to responsibly develop mineral resources that support the objectives of Saudi Vision 2030 and contribute to the long-term growth of the Kingdom’s mining sector.