Saudi Gold Refinery (SGR) is one of three gold producers operating in Saudi Arabia with significant growth plans encompassing two pre-feasibility projects and 15 exploration projects. The Company has more than 200 exploration licences under application. The Company aims to align its activities with Saudi Arabia’s Vision 2030 by diversifying the economy and expanding its specialised services to external clients.
Forging a golden future for Saudi Arabia.
Forging a golden future for Saudi Arabia.
Rapid growth with a bold vision
Owner-operated model allows us to stay nimble and make bold decisions without the bureaucratic delays of larger companies
Deeply-embedded cultural roots within the Kingdom
Strong management and technical teams comprising international mining and geological experts
Supportive government policies, including new mining laws that favour private sector growth
The use of advanced technologies and research methods to accelerate exploration, streamline operations, and enhance sustainability
A steadfast commitment to sustainability
SGR
SGR has an exciting project portfolio across one of the world’s most prospective geological complexes. The portfolio includes one mine, two pre-feasibility development assets, and 15 exploration projects. It has significant exploration prospects with more than 200 licence applications pending approval from the Saudi Arabian Ministry of Industry and Mineral Resources.
The geology of the western side of the Kingdom of Saudi Arabia is dominated by the Arabian Shield, comprising of predominantly crystalline igneous and metamorphic rocks of Pre-Cambrian age.
The Arabian Shield is sub-divided into eleven terranes (Midyan, Hijaz, Hulayfah, Ha’il, Afif, Jiddah, Ad Dawadimi, Ar Rayn, Asir, Tathlith, and the Pre-Neoproterozoic Khida terrane) separated by major regional faults and shear zones which play an important role in mineral emplacement in the region. These terranes are formed by global tectonic events and various accretions of oceanic crust and continental micro-plates.
This complex geological setting is highly prospective for a wide range of metallic deposit types. The gold and base metal deposits of the Arabian-Nubian Shield, many of which are globally significant, are dated during the Cryogenian Period (850 to ~630 Ma) of the Neoproterozoic.
Project Portfolio Map
SGR
SGR is making significant strides in embedding sustainability into its operations, aligning seamlessly with Saudi Arabia’s Vision 2030 initiative. More than just a gold company, SGR is committed to responsible exploration and mining practices that enhance environmental, social, and corporate governance (ESG) standards across the industry. As SGR advances its operations, it aims to set new benchmarks for sustainability within the gold refining sector.
At the heart of this commitment is a comprehensive ESG framework developed in collaboration with the esteemed consulting firm OMI Solutions. This partnership underscores SGR’s dedication to integrating best practices that not only protect the environment but also foster social responsibility and uphold strong governance.
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