Tenders For Sukhaybarat Gold Mine
The Saudi Company for Precious Metals - a 50/50 joint venture between SaudiAramco (formerly Petromin) and Sweden's Boliden - is scheduled aroundmid-October to invite tenders from qualified companies to carry out open castgold mining at the Sukhaybarat mine, some 300kms. northeast of al-Madinah. Themine which started up in May 1991, is expected to produce around 1,800kgs/yearof refined gold. Earlier this year the...