JEDDAH, 25 March 2004 — Investors in the mining industry in the Kingdom recorded a $3 billion profit for the year 2003. Deputy Minister of Petroleum and Mining Sultan Al-Shawli told the Al-Madinah newspaper that investors produced 206 tons of ores. Revenues reached SR12 billion and the number of mining permits issued hit 1100. The total amount of investment in the mining sector in the kingdom exceeds SR25 billion.