RIYADH: Saudi Arabia is expecting to start production from two major gold mines in mid-2022, Al Eqtisadiah reported.

The Mansoura and Masarah SR3.3 billion ($880 million) gold mine project in Al Khurmah Governorate in the Makkah region will have a production capacity of 250,000 ounces of gold and silver.

The number of workers in the mine in the construction phase exceeds about 4,500 employees, with a localization rate of 20 percent.

The total employees will reach 900 in the operation stage, with a localization rate of 49 percent. The mine will process the ore using “Autoclave” technology, a unique technology for extracting gold that is used in five locations around the world.

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