Huge Gold Discovery: Saudi Arabia Discovers 7.8 million Ounce Gold Across 4 Sites

Saudi Arabia has reported the discovery of 7.8 million ounces of gold across four separate sites, becoming a considerable addition to its mineral resources, as per news reports. These explorations were conducted by Maaden, the Kingdom’s leading state-backed mining company.
Major Gold Resources Found Across Kingdom
Maaden's exploration has led to 7.8 million ounces of gold being added to the nation’s reserves. The Mansourah Massarah project registered the highest addition, with 30 lakh ounces discovered through targeted drilling. The Wadi Al Jaww site alone contributed roughly 38 lakh ounces in maiden Mineral Resources.
A further 16.7 lakh ounces came from Uruq 20/21 and Umm As Salam sites combined. These discoveries stemmed from extensive drilling activities across operational mines and unexplored terrains in the Arabian Shield.
Significant Terrain Expansion and Mine Life Study
The findings also include newly identified mineralised zones within the Central Arabian Gold Region. In addition to fresh discoveries, near-mine drilling extended the known resource base at the historic Mahd mine, potentially supporting a prolonged operational phase.
According to Maaden, drilling will continue through 2026 to assess the depth and reach of these mineral systems further.
Mansourah Massarah Sees Enhanced Resource Estimate
The total mineral resource at Mansourah Massarah now stands at 116 million tonnes, grading 2.8 grams per tonne; equating to 10.4 million ounces of gold. An extra 4.2 million ounces were outlined from ongoing drilling sequences. Both open-pit and underground reserves are present at the site, with mineralisation confirmed to be open at depth.
Read More: India’s Gold ETF Holdings Hit Record 95 Tonnes; Now 6th Largest Globally!
Exploration Beyond Gold: Other Minerals Identified
In addition to gold, early-stage exploration at Jabal Shayban and Jabal Al Wakil has revealed signs of copper, nickel, and platinum group elements. These discoveries suggest the possible presence of large mineral systems, opening the potential for a diversified mining portfolio in the region. These efforts align with broader national objectives to maximise resource development.
Conclusion
Saudi Arabia’s 7.8 million ounce gold discovery across four key sites highlights a significant addition to its mining assets. The expansion at Mansourah Massarah and new zones such as Wadi Al Jaww reflect continued exploration success under Maaden’s initiatives.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 16, 2026, 12:03 PM IST
- US Senate Passes Bill to Sanction Major Russian Oil Buyers; India, China at Risk of 100% Tariffs
- Russia Extends Diesel and Gasoline Export Ban Until January 2027
- Japan Trade Deficit Widens in June as Oil Imports Rise and Weak Yen Impacts Trade
- US-Iran Ceasefire Ends as Strait of Hormuz Dispute Triggers Fresh Military Escalation
- Uber-Backed Bike Rental Company Lime and Investors Raise $174 Million in IPO

