SAUDI GOLD REFINERY COMPANY Interested in Cooperation with Tajikistan.

SAUDI GOLD REFINERY COMPANY On 2 September 2026, a meeting was held at the Main Department of Geology under the Government of the Republic of Tajikistan between Ilhomjon Oimuhammadzoda, Head of the Main Department, and the management and specialists of Saudi Gold Refinery Company (SGR) from the Kingdom of Saudi Arabia.

The meeting addressed prospects for cooperation in geological exploration of the subsoil, geological prospecting, the extraction and processing of mineral resources, and attracting foreign investment to Tajikistan’s geological sector and mining industry.

The Tajik delegation was represented by Ilhomjon Oimuhammadzoda, Head of the Main Department of Geology; Alimahmud Alizoda, Deputy Head of the Main Department; and Bokibek Qurbonbekov, Chief Specialist of the Department of External Relations. SGR was represented by its Chief Executive Officer and Chairman of the Board of Directors, Suleiman Al Otaim; Henry Taber, Head of the Geology Division; and Firdaus Ismatulloev, Chief Mining Engineer.

During the meeting, company representatives presented SGR’s operations and experience in geological prospecting, mining and mineral processing, expressing their interest in developing long-term cooperation with the Republic of Tajikistan.

According to the information presented, Saudi Gold Refinery Company is one of the leading companies in the Kingdom of Saudi Arabia in the mining and precious metals sectors. The company also conducts geological exploration and mining operations in Tanzania, Ethiopia and Sudan. It operates 50 drilling rigs and employs more than 60 geology specialists. The company’s annual drilling capacity is estimated at up to 300,000 metres.

SGR’s management expressed the company’s readiness to invest in geological exploration in Tajikistan and, based on the results of exploration and resource assessments, consider opportunities to implement subsequent projects in mineral extraction and processing.

Ilhomjon Oimuhammadzoda, Head of the Main Department of Geology, emphasised that Tajikistan offers favourable opportunities for attracting foreign investment in geological exploration, the rational use of subsoil resources, and the extraction and processing of mineral raw materials.

The implementation of investment projects requires, first and foremost, comprehensive geological exploration and resource assessments of promising mineral deposits. All relevant activities must be carried out in accordance with the legislation of the Republic of Tajikistan.

Company representatives expressed their readiness to submit the relevant application as soon as possible. They noted that specific areas of cooperation would be identified following its review and subsequent consultations.

At the conclusion of the meeting, both parties expressed their interest in developing mutually beneficial cooperation in geological exploration, mineral resource assessment, attracting foreign direct investment, and expanding the capacity for mineral extraction and processing.