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Middle East mining faces uphill battle

The Middle East is not a place most miners think of immediately when they are looking at prospective jurisdictions to invest hard won exploration or development capital, and for good reason.

Middle East mining faces uphill battle Middle East mining faces uphill battle Middle East mining faces uphill battle Middle East mining faces uphill battle Middle East mining faces uphill battle

Kefi's Jibal Qutman project in Saudi Arabia is one of the few mineral developments with a major private interest

Middle Eastern countries such as Egypt, Saudi Arabia, Oman and Iran come with considerable risk on two clear fronts.

First, there is a cultural and political hurdle.

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