Core Mining, owned by the Riyadh-based Mohammed Ali Al Swailem Group (Masco), has signed a memorandum of understanding (MoU) with South Africa’s Aveng Mining for transfer of expertise.
The MoU aims to provide knowledge and transfer of expertise with regards to mining techniques, and to provide Saudi youth training and empowerment in this field, said a Saudi Gazette report.
The deal was signed by Engineer Abdulrahman Al Swailem on behalf of Core Mining Company, and Engineer Stuart White on behalf of Aveng Mining.
The cooperation between the two companies is expected to strengthen the status of Core Mining as one of the leading providers of mining services and mechanisms in the kingdom as it provides all mining services to mine owners including drilling, blasting, loading, transportation and crushing, added the report.