Minerals Licensing procedures

Procedures of granting mining areas through (bids invitations and marketing rounds) as follows: 
•The official announcement of the bid rounds and marketing the concession areas for local and international market. 
•The Ministry of Energy and Minerals announces the  final date for the offers submissions. 
•The company pay the participation fees of the bid round, in addition to providing the required documents explaining the interest of the company and its desire to provide the mining concession areas. 
•The Ministry notifies the selected companies officially. 
•The beginning of the negotiation sessions with the Mining Company upon the submitted offers and draft the (Mining Agreement) of all the Mining concession areas. 
•Inform the results to related government entities along with the agreements to be signed. 
•The issuance of Royal Decree ratifying the mining agreement, and its entry into force.