The Golden Compss and MSA Group announced by the Saudi Geological Survey (SGS) as the Technical partner- Exploration Management Consultant.
The announcement was made at the Saudi-South Africa Investment Forum in Jeddah, attended by South African President Cyril Ramaphosa. The CEO of the Saudi Geological Survey Eng. Abdullah Mofter Al-Shamrani exchanged agreements with and congratulated Dr Ian Haddon, Managing Director of The MSA Group and The lead consortium Eng. Meshary ALALI AlDeheshi, CEO of Golden Compass.
The ceremony was held in the presence of the Ministerial delegation including Saudi Minister of Investment Eng. Khalid al-Falih, Minister of Tourism Ahmad al-Khateeb, Minister of Industry and Mineral Resources Bandar al-Khorayef, and Deputy Minister of Industry and Mineral Resources, HE Khalid Al Mudaifer. The South African delegation included Minister of Trade, Industry and Competition Ebrahim Patel, Minister of Mineral Resources and Energy Gwede Mantashe and Minister of Agriculture, Land Reform and Rural Development Thoko Didiza.
The contract is part of The Accelerated Exploration initiative of the National Industrial Development and Logistics Program (NIDLP) which aims to strengthen investment in the mining sector, speed up the exploration process, attract international investment and build exploration capabilities within the SGS. The MSA-GC consortium will deploy over 30 geologists to the Kingdom of Saudi Arabia, for the three-year programme duration.
As Golden compass working to improve the mining sector in Saudi Arabia and working hard to create sustainable growth on saudi mining companies by createing value chain to this resources. And build strong growth for saudi economy.
