Saudi: 158% increase in gold production over the last five years

- Advertisement -

Saudi Arabia’s total gold production reached 12,353 kg by the end of 2019, an increase of 158 percent over the production levels recorded five years ago when it stood at 4789 kg, according to a recent government report.

The report showed that the Kingdom continued its record production of silver, reaching 5588 kilograms last year, maintaining a steady increase over the previous five years from 4800 kg in 2014.

The total mineral ores, excluding gold, silver, copper and zinc, amounted to more than 537 million tons during the period, and these included limestone, silica sand, salt, clay, feldspar, marble for industrial purposes, iron sand, kaolin, gypsum, marble blocks, granite, phosphates, and bauxite, crusher materials and ordinary sand.

READ  Bad News for Saudi Economy, says IMF

Comments

- Advertisement -