Mastering the art of exploration
Fast growth, bold vision
Unlocking Saudi's mineral resource potential
Integrated Saudi Leadership in Gold and Mining
The largest and oldest Saudi private mining company, and the first private company to obtain a mining licence in the Kingdom of Saudi Arabia
Saudi Gold Refinery Company (SGR) is the largest and oldest Saudi private mining company, and the first private company to obtain a mining licence in the Kingdom of Saudi Arabia.
With more than four decades of experience in gold and jewellery, SGR has evolved into an integrated Saudi platform spanning the mining value chain — from exploration and resource development through mine development, mineral processing, gold production and refining to gold and jewellery manufacturing.
Our integrated platform is supported by in-house capabilities in geophysics, drilling, laboratories, mining services, equipment, maintenance, logistics, technology, national talent development and industrial localization.
SGR Today
40+
Years experience in gold & jewellery
2
Mining licences in Saudi Arabia
40
Active exploration licences in Saudi Arabia
162+
Exploration licence applications
6
Projects in final development stages
100+
Geologists
1,000+
Employees
5
Countries with international presence
500,000
oz/year 2030 annual gold production ambition
6–10
Mine ambition before 2030
3
Countries (International production goal before 2030)
50%
2030 local content ambition
60%
2030 company Saudization ambition
From Exploration to Jewellery
Forging a golden future for Saudi Arabia.
Forging a golden future for Saudi Arabia.
SGRWhat sets us apart
Growing international footprint, Commitment to responsible mining and Saudi Vision 2030
Delivering end-to-end value from exploration to manufacturing through 100+ geologists, integrated drilling, geophysics and laboratory services, and full in-house operational and logistics support.
Deep Saudi roots and more than four decades of experience in gold and Jewellery, Commitment to national talent development and industrial localization
Strong in-house management and technical teams comprising international mining and more than 100 geological experts
Supportive government policies, including new mining laws that favour private sector growth and Investment in technology, innovation and knowledge transfer
The use of advanced technologies and research methods to accelerate exploration, streamline operations, and enhance sustainability
A steadfast commitment to sustainability and international foorprints
SGR
Project Portfolio Map
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Project Portfolio
A Growing Portfolio from Exploration to Mining
2
Mining licences currently in Saudi Arabia
40
Active exploration licences in Saudi Arabia
162+
Exploration licence applications pending
6
Projects in the final stages of development
+ Additional projects across exploration, evaluation and development stages.
SGR’s portfolio covers the full project maturity cycle: early exploration, advanced exploration, resource evaluation, studies, development, construction, mining and production.
SGRMessage from the Chairman
Our journey began in the gold and jewellery sector more than four decades ago, and our vision has continued to evolve alongside Saudi Arabia’s exceptional mineral potential and the opportunities to build a globally competitive mining sector.
Over the years, we have built an integrated platform that begins with exploration, geological services, geophysics, drilling and laboratories, continues through mine development, mining operations, mineral processing and gold refining, and extends to gold and jewellery manufacturing.
We measure success not only by the scale of our projects, but also by our ability to build sustainable Saudi expertise, develop national talent, transfer knowledge and technology, and localize the industries and services that support mining.
As SGR continues to grow in Saudi Arabia and expand internationally, our ambition is to build an integrated Saudi mining company capable of competing globally and contributing meaningfully to the objectives of Saudi Vision 2030.
Suliman Saleh Al-Othaim

SGR
SGRApproach to sustainability
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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