The mining sector is expected to create thousands of jobs in the Kingdom in the coming years with the goal of 256,000 geologists, engineers and others by 2030, he said. “The private sector contribution will be incredible within the next couple of years,” said Al-Ali. has a 50 percent stake with Ma’aden in the Jabal Sayid underground copper mine and plant. The Kingdom has already attracted major international investors, including US firm Alcoa Corp., which has a 25.1 percent stake in Ma’aden Bauxite and Alumina Co., and Ma’aden Aluminium Co., as part of $10.8 billion joint venture with Saudi miner Ma’aden, located in Ras Al-Khair Industrial City in the eastern province.įertilizer producer The Mosaic Co., another US company, has a 25 percent stake in the $8 billion Ma’aden Wa’ad Al-Shamal Fertilizer Production Complex located in Wa’ad Al-Shamal Minerals Industrial City in the northern province of Saud Arabia.Ĭanada’s Barrick Gold Corp. The National Geological Database is being created to allow investors to find the locations of mineral deposits in a bid to increase the transparency and competitiveness of the sector in Saudi Arabia. The Saudi Geological Survey has announced 54 locations for exploration, with more to be revealed in the coming months that will be auctioned to investors.
Under Vision 2030, mining is the third pillar of Saudi Arabia’s economic development, after energy and petrochemicals, as it aims to diversify the country’s economy away from dependency on oil. “The system is new and it can encourage investors to come to Saudi Arabia.” “It’s a very flexible and very transparent system, and it’s one of the most powerful in mining around the world,” Al-Ali said. The Kingdom has already attracted major international investors. The Saudi Geological Survey has announced 54 locations for exploration, with more to be revealed soon. Studies have estimated $1.3 trillion in reserves of phosphates, gold, copper, zinc, nickel, rare earth metals and other minerals in Saudi Arabia. Speaking to Arab News, Al-Ali was confident the Kingdom’s enthusiasm for the sector would attract worldwide attention. The deputy minister of Industry and Mineral Resources Khaled Al-Mudaifer talked up the potential riches beneath the Kingdom’s soil last month, telling CNBC that studies have estimated $1.3 trillion in reserves of phosphates, gold, copper, zinc, nickel, rare earth metals and other minerals. The Saudi Industrial Development Fund is also offering 60 percent loans to investors in a bid to attract global players into the Kingdom, while the Ministry of Industry and Mineral Resources is investing $3.7 billion in the sector. In January, the Kingdom moved to capitalize on the vast wealth hidden below ground in Saudi Arabia with the establishment of a mining fund and support for geological surveys and exploration program activities. While there is no official trailer just yet, His Dark Materials is shown in the following teaser HBO Max posted on Twitter.RIYADH: Saudi Arabia’s new mining law will attract private investment from home and abroad as the Kingdom looks to exploit an estimated $1.3 trillion of potential value in the sector, according to Meshary Al-Ali, founder and CEO of mining consultancy Golden Compass. Coulter) are just some of the actors reprising their roles for the final season. However, there is no definitive release date.ĭafne Keen (Lyra), Amir Wilson (Will), James McAvoy (Lord Asriel), and Ruth Wilson (Mrs. So where does this leave our characters in season 3? The good news is season 3 will be airing in the fall of this year. Her uncle Lord Asriel was actually her father the entire time. Coulter not far behind.Īt the end of season 2, Will reunites and loses his father, and Lyra gets captured by Mrs. The two wind up becoming friends and journey to another world with Mrs.
Lyra begins to realize there is more to the story than just “dust.”īy season 2, Lyra has found her way into our world, meeting Will Parry, who is trying to understand what happened to his missing father. Her journey to find her uncle takes her to different places while meeting new faces, such as the witch Serafina Pekkala and Lee Scoresby.
WILL THERE EVER MAKE A GOLDEN COMPASS 2 SERIES
Fans of His Dark Materials can rejoice, as the series will return for its final season later this year! Coulter, Lyra figures out that her uncle may be on to something.
Upon meeting the elusive and often volatile Mrs. Her uncle, Lord Asriel, has been focused on the study of “dust” and has reason to believe other worlds exist, which goes against everything The Magisterium believes. She receives a very coveted and rare alethiometer, which she can use to find the answers to questions. She’s independent and immature but also brave and loyal.
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