المهندس مشاري العلي على قناة العربية

Hosting the CEO on Al-Arabiya channel and talking about investment opportunities in the mining sector in the Kingdom

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07-03-2023

Hosting Eng. Meshary ALALI AlDeheshi, CEO of the Golden Compass Company, and Chairman of the Board of Directors of Rasi Investment Group, on Al-Arabiya channel, and talked about the structuring of the mining sector in Saudi Arabia and the services provided by the Golden Compass Company in the mining sector.

AlAli indicated that there are 8 mines in the final stage to start production, and the number of exploration licenses during the past two years is estimated at more than 630 licenses.

He added about the announcement of the Ministry of Industry and Mineral Resources of the accelerated exploration program through the Saudi Geological Survey (SGS), which is one of the programs affiliated with the comprehensive strategy for the mining sector, as well as 6 other programs, including the comprehensive geological survey program, the geochemical and geophysical survey program, and the detailed geological mapping, all of these programs will support the exploration programs that it will be done by Saudi companies.

The Golden Compass Mining Services Company provides many services that support companies working in this field through drilling operations and through comprehensive geological studies that enable companies to know the quantities and reserves present in these ores and then make engineering maps for the mine, whether it is high or low in the value.

Watch the full interview at Al Arabiya website:

https://ara.tv/ju8x9

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Eng. Meshary AlAli highlights the potential of the Saudi Mining Sector during his presentation at the 2022 #Mining_Show in Dubai

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The Chairman of Rasi Investment Group and CEO of the Golden Compass Company, Eng. Meshary Al-Ali, gave a presentation session about the mining opportunities in the Kingdom and the important role played by the Golden Compass Company through mining services and mining consulting in light of the rapid development witnessed by the Kingdom of Saudi Arabia in the field of mining.

MINTEK RIG

RIG signs a memorandum of understanding with the South African company MINTEK Laboratories to establish global metallurgical analysis laboratories in Saudi Arabia with an estimated value of 25 million riyals

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To complete the meetings of the #Saudi_South_African_Investment_Forum in Pretoria, the President of the Republic of South Africa, His Excellency Mr. Cyril Ramaphosa, and a number of South African ministers and businessmen attended in Jeddah, Kingdom of Saudi Arabia to participate in the Saudi South African Investment Forum.

The meeting was opened by His Excellency the Minister of Investment, Mr. Khalid Al-Falih, and he welcomed the President of the Republic of South Africa, Mr. Cyril Ramaphosa, in the presence of their Excellencies and business leaders from both countries.

The #Saudi_South_African_Investment_Forum in Jeddah reviews the most prominent investment opportunities in various sectors, highlights the most important initiatives to support investors, in addition to discussing the various ways of partnership between the two countries.

In addition, a memorandum of understanding was also signed between Rasi Investment Group represented by Eng. Meshary Al-Ali (Chairman of the Board) and the South African MINTEK Laboratories Company represented by Dr. Molefi Motuku (CEO) to establish global metallurgical analysis laboratories in Saudi Arabia with an estimated value of 25 million riyals.

The agreement aims to:

  • Strengthening investment relations between the two countries.
  • Transferring expertise and knowledge to the Saudi market.
  • Empowering the mining sector.
  • Saudi training.
  • Create an attractive environment for mining investment.
  • Accelerate business related to the sector.
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The CEO on an official visit to the Caribbean

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The CEO of Rasi Investment Group Eng. Meshary Alali, in the presence of a number of representatives of the Ministry of Investment, participated in the #Saudi_Caribbean_Investment_Forum that was launched in the Dominican Republic, which reviews and discusses investment cooperation opportunities in various sectors between the Kingdom and the Caribbean countries, in the presence of a large group of businessmen and representatives of the private and public sectors from both sides.

Several dialogues were discussed on priority focus sectors such as:

  • Logistics.
  • sustainable energy.
  • Infrastructure.
  • Tourism and Hospitality.
  • Agribusiness.

During his opening speech at the #Saudi_Caribbean_Investment_Forum, His Excellency Mr. Badr Al-Badr, Undersecretary of the Ministry of Investment, welcomed the attendees and businessmen participating in the forum, and expressed the forum’s role in strengthening joint investment relations between the Kingdom and the Caribbean countries.

The #Saudi_Caribbean_Investment_Forum included bilateral meetings between companies and investors from both sides, with the aim of reviewing and discussing opportunities for cooperation and partnership in various sectors.

In the presence and honor of His Excellency the President of the State of Guyana, Dr. Muhammad Irfan Ali, discussions and activities of the Saudi Guyanese Investment Forum were launched, where the Ministry of Investment coordinated the participation of the Saudi delegation from the public and private sectors, with the aim of enhancing ways of economic cooperation and discussing joint investment opportunities.

The Saudi-Caribbean Investment Forum, which hosted representatives from 16 Caribbean countries and witnessed fruitful discussions and promising opportunities for partnership in various sectors and fields, concluded successfully.

DRA

The CEO presents a meeting about The Future of Mining in the Kingdom

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The CEO of Rasi Investment Group, Eng. Meshary Al-Ali, member of the National Committee for Mining and member of the Advisory Committee of the Mining Department at King Abdulaziz University, presented an introductory meeting through the Zoom program for graduates of the Saudi Technical Institute for Mining and employees of DRA Company, an introductory meeting about The Future of Mining Sector.

The meeting dealt with some of the most prominent aspects in the mining sector and the future of the mining sector in the Kingdom of Saudi Arabia, and the most important foreign and local investments in the mining sector, as well as the most important academic specialties and professional certificates related to the field of mining and career development.

The meeting concluded with a number of attendees’ questions and motivational and inspiring words from the CEO to the recent graduates from this important and vital sector, which is one of the pillars of the economy in the Kingdom’s Vision 2030.

مشاركة الرئيس التنفيذي في ورشة عمل لهيئة المساحة الجيولوجية السعودية

The CEO participate in a workshop of the Saudi Geological Survey

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The CEO of Rasi Investment Group, Eng. Meshary Al-Ali, participated in a workshop organized by the Saudi Geological Survey (SGS) entitled “Entrepreneurs in Mining Exploration Activities”, in which he talked about his journey in entrepreneurship in exploration and various mining activities through his company, The Golden Compass, which is one of the most important companies for mining in the region.

The discussion dealt with the most important factors and challenges that concern entrepreneurs with regard to mining exploration activities and the challenges they face from an operational and technical point of view, as well as with regard to mining licenses and their procedures, answering attendees’ questions and providing them with knowledge about the requirements to enter this important sector, and presenting his experience on the ground with his company The Golden Compass.

إستضافة نائب رئيس اللجنة الوطنية للتعدين على قناة الإخبارية السعودية

Hosting the Vice President of the National Committee for Mining on the Saudi Al-Ekhbariya channel

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On Thursday 06/30/2022, the Vice President of the National Committee for Mining, and a member of the Advisory Committee of the Mining Department at King Abdulaziz University, and the CEO of Rasi Investment Group was hosted on the Saudi Al-Ekhbariya channel, and talked about the whereabouts of gold in the Kingdom, and there are several indications that there are more than 850 mineralized site in the Kingdom of Saudi Arabia that is always present in the Arabian Shield and exists in the form of belts and also exists in the form of four geological categories, all of which are located in the Arab Shield region.

As it is known that the Kingdom is divided into two parts, an eastern section and a western section, the eastern section contains the depositional environments in which gas, oil and water are present, and the western section, which is known as the Arab Shield region, from north to south, gold is found inside the Arabian Shield in geological environments and geological belts and in good quantities.

Currently, there are more than 11 mines and more than 1,600 exploration licenses at the level of the Kingdom, and all these foreign companies and national companies seek to extract and explore gold with very high scientific geological and mining operations.

He added that the factories that work in the field of gold have a very high cost, because they depend in one way or another on the quality and the geological environment of the metal or the ore itself. The subject is that the Saudi Industrial Development Fund (SIDF) has included in part of its new strategy support for the mining sector and also a support up to 60% to find qualified Saudi factories to help exploration licenses and mining licenses holders to operate their factories, with government support that reaches 70% in some cases.