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KSA Announces Proposal Phase for 5th Exploration Licensing Round Across Six exploration Sites

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5th Exploration Round

The Saudi Ministry of IndAr-Riyad, Saudi Arabia Apr 4, 2024 (Issuewire.com) – ustry and Mineral Resources (MIM) has announced the launch of the proposal phase for the 5th Exploration Licensing Round across six (6) exploration sites With a total area up to more than 940 square kilometers.

The Ministry invites both local and international mining & exploration companies to seize this opportunity and submit their best proposal for exploration licenses at six potential sites consisting:

  • Al Halahilah Site (Najran Region): Spanning 34.70 sq km, is renowned for its volcanic-hosted massive sulphide (VHMS) copper-zinc and gold deposits.
  • Jabal Qaran Site (Najran Region): Covers 57.72 sq km and has potential deposits of copper, gold, zinc, silver, and lead.
  • Makman Hejab Site (Riyadh Region): This site encompasses 118.40 sq km and considered prospective for intrusion-related gold (IRGS) and vein-hosted silver mineralisation.
  • An Nimas Site (Asir Region): A vast area of 222.22 sq km, holds potential deposits of copper, gold, zinc, silver.
  • Almiyah (Shaib Burayk) Site (Makkah Region): Covers 234.44 sq km and has deposits of copper, zinc, lead, silver, and gold.
  • Al Hajirah Site (Asir Region): This is the largest of them all, at 274.00 sq km, and it includes silver, copper, zinc, lead, and gold.

The fifth round of exploration licensing marks another milestone for the Kingdom of Saudi Arabia mining sector as it continues its successful competitive licensing process. Since its inaugural round in 2022, several international and local mining and exploration companies have secured new around 2,200 km2 exploration licenses areas in Saudi Arabia through this transparent and competitive process

In a bid to bolster support for exploration companies, the ministry has overhauled the auction design, placing a heightened emphasis on technical proficiency. Now, the technical section carries a substantial weight of 70% in the overall proposal evaluation, reflecting the Kingdom’s dedication to advancing exploration endeavours. Furthermore, 20% is allocated for social investments benefiting the communities surrounding the sites, with an additional 10% earmarked for innovation plans. This redefined framework ensures that the exploration objectives of the Kingdom are intricately woven into the fabric of the licensing process.

  • As the proposal stage for the Licensing Round is announced, the Ministry underscores key details, including:
  • The proposal stage entails bidders showcasing their technical prowess and presenting comprehensive work programs, along with social and environmental impact management plans along with the innovation applications.
  • The deadline for proposal submission is set for May 1, 2024, and offering a site visit to interested bidders
  • The announcement of successful bidders for the 5th round is slated for June 2024, marking a significant milestone in the Kingdom’s mining sector.
  • Each site’s data room is now accessible, housing a wealth of historical and recent geological and technical data, facilitating informed decision-making for prospective bidders.

With these enhancements to the auction design and the unveiling of the proposal stage, the Kingdom of Saudi Arabia reaffirms its commitment to fostering innovation, sustainable development, and economic growth within its mining sector.

It is worth noting that Saudi Arabia announced the Exploration Incentive Program (EIP) in January 2024 during the Future Minerals Forum in Riyadh – the 685 million SAR (equivalent to US$182 million) initiative specifically designed for companies holding an active exploration license in the Kingdom with less than 5 years period. Under EIP, the ministry is committed to providing comprehensive support by covering specific costs such as: the geoscientific surveys and drilling activities. These competitive incentives are pointers for investors to leverage the Kingdom’s resources and create value for themselves and the entire sector.

Further details related to EIP are available on:

https://taadeen.sa/exploration-enablement-program

The Licensing Round program is part of the Kingdom’s ongoing efforts to expedite exploration, as outlined in the Accelerated Exploration Initiative introduced by the ministry and the National Industrial Development and Logistics Program (NIDLP) in 2022. The initiative aims to exploit the Kingdom’s mineral resources in line with the Saudi Vision 2030, which seeks to accelerate the mining sector’s contribution to the GDP to $64 billion by 2030.

How to Apply:

The Ministry is therefore calling on interested parties to visit the website:

https://taadeen.sa/mining-bids

For inquiries: miningbidding@mim.gov.sa

Media Contact

BBDO

*****@gmail.com

Source :Ministry of Industry and Mineral Resources

This article was originally published by IssueWire. Read the original article here.


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$SUIADD Powers the Future of Decentralized Governance with DAO Integration

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London, United Kingdom, 19th Oct 2024 – SuiAddress is taking decentralized governance to the next level with the introduction of the $SUIADD token, a key component driving the platform’s blockchain-based naming service. $SUIADD not only powers the ecosystem but also enables a community-centric governance framework that allows users to have a direct impact on the platform’s evolution. By integrating decentralized autonomous organization (DAO) principles, SuiAddress is setting a new benchmark for blockchain name services in terms of governance, transparency, and user empowerment.

The $SUIADD governance model ensures that decision-making processes are not confined to a centralized team but are rather driven by the collective voice of the community. With each token representing a share in governance power, $SUIADD holders can actively participate in shaping the future direction of the platform, from protocol upgrades to treasury management.

Core Governance Features of $SUIADD:

• Voting Power for Token Holders: All $SUIADD holders can exercise voting rights proportional to their holdings, enabling them to approve or reject changes to the platform’s core functionalities, fee structures, and technical upgrades. This democratic approach ensures that the interests of the community are prioritized.

• Proposal Creation: Users who actively contribute to the platform can submit proposals for new features, integrations, or modifications. The proposal process is designed to be transparent, with detailed discussions and community feedback encouraged before any decisions are made. This inclusivity fosters an environment where innovative ideas can flourish.

• Treasury Management and Buybacks: Revenue generated from domain registrations, leasing, and other platform services is directed into the treasury. The community can vote on how these funds are allocated, including the option for treasury buybacks to increase the value of $SUIADD tokens. This model not only enhances the token’s utility but also provides financial stability to the platform.

 The Impact of DAO Integration on Blockchain Name Services

By integrating DAO governance, SuiAddress ensures that the platform adapts and evolves according to the community’s needs. This decentralized model empowers users to contribute more than just capital; they contribute to the platform’s direction and future success. As more users engage with the DAO, the system becomes more robust and resilient, capable of scaling alongside the growth of the blockchain naming service sector.

Moreover, the community-driven approach helps in identifying and prioritizing new opportunities. Whether it’s adding support for additional blockchain networks, introducing premium domain services, or developing novel use cases for digital identity management, the $SUIADD-powered DAO allows for continuous improvement and innovation

With the introduction of $SUIADD, SuiAddress not only aims to lead the blockchain name services industry but also to set a precedent for other projects seeking to decentralize governance effectively.

Join the Governance Revolution:

🌐 [Website](#)  Website: Suiaddress.com

🐦 [X (Twitter)](#)  Twitter: https://x.com/SuiAddress

💬 [Telegram](#)  https://t.me/suiaddressofficials

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ApeUniverse: Leading the new era of Metaverse shopping and digital equity, opening a new channel for wealth growth

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Project overview: ApeUniverse is an innovative ecosystem that integrates the Metaverse, virtual shopping and gaming experience, aiming to redefine consumption, social and entertainment methods. Through the MetaMallverse platform, users can enjoy shopping, socializing and entertainment in a virtual environment, connect virtuality with reality, and participate in the virtual economy.

Core concept:

ApeUniverse’s vision is to break through the limitations of traditional e-commerce and create an immersive shopping and social experience based on the Metaverse. Users can not only explore brand stores and products in the virtual world, but also consume through virtual currency, perfectly integrating shopping, socializing and gamification experiences to create a vibrant virtual economy.

Platform functions:

Virtual mall: Users browse and purchase virtual and physical goods in virtual stores and experience immersive shopping.
Gamification experience: By completing tasks and challenges, users can earn virtual currency to purchase goods or participate in the virtual economy.

NFT and digital equity assets:

The ApeUniverse platform allows users to create, buy, sell and trade NFTs (non-fungible tokens). Each NFT is unique and has an unalterable number to ensure its scarcity and unique value. Unlike other platforms, ApeUniverse’s NFTs not only represent virtual collectibles, but also a symbol of company equity. By purchasing NFTs, each user is actually participating in the company’s equity investment. With the company’s successful listing on the capital market in the future, NFT holders will receive corresponding equity dividends and truly enjoy the economic returns brought by the platform’s growth.

The role of equity:

Users holding ApeUniverse NFTs are equivalent to owning part of the company’s equity. This not only means that users can participate in the operation and development of the platform, but also enjoy equity dividends after the company’s profitability. Each NFT is linked to the company’s actual equity. When the company’s performance improves, the holder will share the company’s profit dividends according to the proportion of shares.

Company dividends and equity recovery:

At ApeUniverse, we not only provide users with innovative virtual experiences, but also give every NFT holder the opportunity to become a shareholder of the company. Through a unique dividend mechanism, users will grow with the company and enjoy a portion of the company’s revenue dividends, truly achieving a win-win situation for the platform and users. With the company’s listing, shareholder equity will increase significantly. The company promises to repurchase users’ NFTs at the equity price after listing, for example: (Currently each NFT is worth 5000 PRK, which may rise to 50000 PRK after listing in the future)

This innovative equity repurchase mechanism not only makes NFT a virtual asset, but also transforms it into a high-return financial instrument. Through dividends and equity appreciation, users are no longer just spectators, but participants who move towards success with the company. ApeUniverse is committed to creating a healthy and prosperous ecosystem, allowing every user to realize asset appreciation through NFT and truly share the company’s brilliant future achievements.

Through this innovative equity model, ApeUniverse will incentivize users to participate in the platform and drive market growth, while providing users with the opportunity to achieve long-term benefits in the virtual economy.

Business Model:

Physical Goods Sales: Users can use the virtual currency won in the game to purchase physical goods, opening up consumption channels between virtual and real.
Advertising and Brand Cooperation: Brands can display advertisements and hold virtual press conferences in ApeUniverse to directly reach target consumers around the world.

NFT Market: 

Users can purchase and trade NFTs, participate in virtual mining, obtain rare assets and promote the economic cycle of the platform.
Technical Architecture ApeUniverse ensures the security of virtual assets through blockchain, and uses AI to provide personalized shopping recommendations to enhance the platform user experience.

Project Vision: 

ApeUniverse is not only committed to becoming the world’s preferred shopping and entertainment platform, but also to providing real financial returns to every NFT holder. The company plans to be listed on Nasdaq in the future. Early users who hold NFTs will become shareholders of the company and enjoy the dividends of platform development, truly achieving the triple benefits of participation, experience and profit.

Media Contact

Organization: ApeUniverse

Contact Person: Emory

Website: http://apeuniverse.top/

Email: Send Email

Country: Pakistan

Release Id: 19102417634

The post ApeUniverse: Leading the new era of Metaverse shopping and digital equity, opening a new channel for wealth growth appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays

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NFL-themed ugly Christmas sweaters are available for every team at NFLUglySweater.com.

NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays

United States, 19th Oct 2024, Grand NewswireNFLUglySweater.com has announced the arrival of its new collection of NFL-themed Christmas sweaters. Available for all NFL teams in unique designs and affordable prices, these sweaters are perfect holiday gifts for football fans, available to be shipped worldwide.

Every sweater has been carefully crafted as a must-have for football fans, symbolizing their team’s pride and the season’s excitement. Founded in 2021, NFL Ugly Sweater prides itself as a one-stop-shop for NFL-themed ugly Christmas sweaters and as a community of passionate football fans who believe in combining the festive joy of the holiday season with the pride and excitement of the NFL.

“At NFL Ugly Sweater, we’re not just creating apparel; we’re crafting experiences that bring together the excitement of football and the joy of the holiday season.” Caden Winslow, founder and CEO of NFL Ugly Sweater, said, “I would like to thank everyone who has contributed to NFL Ugly Sweater sincerely. Your passion, devotion, and love of football and festive fashion have fueled our success.”

At the core of everything NFL Ugly Sweater does is customer happiness. From prompt, dependable shipping to attentive customer support, the business aims to make every encounter enjoyable. The goal is to consistently push the limits of what is conceivable in celebratory NFL gear while offering things clients adore.

With bright, creative patterns specific to each NFL team, NFL Ugly Sweater has taken the traditional ugly sweater concept to the next level. Some of the unique features of the NFL Ugly Sweater include: 

  • Unique Designs: NFL Ugly Sweater creates something unique by fusing the joyous custom of ugly Christmas sweaters with the audacious nature of NFL clubs. Perfect for Christmas, each sweater features club colors and emblems playfully and enjoyably. The designs, ranging from imaginative takes on team mascots to whimsical holiday themes, will surely draw attention and spark discussions.
  • High-Quality Materials: All sweaters are constructed from superior woven polyester since comfort and longevity are just as crucial as fashion. This provides a long-lasting, plush feel. No matter how often the sweater is worn or cleaned, the vivid, long-lasting colors are guaranteed by the 3D dye-sublimation printing method.
  • Custom-Manufactured Method: Each sweater is manufactured specifically for the buyer. The crew starts designing a unique sweater as soon as an order is placed, reflecting the customer’s team spirit and the joyous atmosphere of the holidays. Thanks to this customized approach, each product is guaranteed to fulfill exacting standards for quality and craftsmanship.

 

NFL Ugly Sweater is dedicated to growing its selection and consistently pushing the limits of fun gear with an NFL theme. The plans include exclusive limited-edition collections, partnerships with well-known companies, and even more fan personalization choices.

In addition to ugly sweaters, a more excellent range of celebratory NFL-themed items, such as clothing and accessories, will be available shortly. The objective is to make the product portfolio exciting, engaging, and full of team spirit, whether developing new tailgate and game day attire or making more family-friendly collections.

Caden Winslow said, “I’m thrilled about the upcoming developments, collaborations, and new designs that we have planned. I sincerely appreciate your participation in the NFL Ugly Sweater family. Let’s make the holidays a little less ugly and much more enjoyable for many more seasons.”

NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays

All football enthusiasts are welcome to check out NFL Ugly Sweater’s distinctive selection and join the expanding community that honors the finest aspects of sport and holiday cheer. NFL Ugly Sweater guarantees an enjoyable, fashionable, and unforgettable experience whether customers buy it for themselves or try to find the ideal holiday present for another fan.

To get started, visit: https://nfluglysweater.com

For inquiries, email support@nfluglysweater.com or call +1 (713) 258-3774.

 

About NFL Ugly Sweater

Caden Winslow, a fervent football fan with a long history in the fashion sector, founded NFL Ugly Sweater in 2021. With a Bachelor of Science in Fashion Business Management from New York’s Fashion Institute of Technology (FIT), Caden turned his academic background into a successful company that delighted NFL fans nationwide.

The philosophy of NFL Ugly Sweater is that football, family, and friends should be the focal points of holiday celebrations. The brand keeps putting its all into each design to ensure that every sweater promotes cohesion, comfort, and inventiveness. They take pride in offering fans the worst (and best) way to enjoy the most fantastic season of the year.

 

Media Contact

Organization: NFL Ugly Sweater

Contact
Person:
Caden Winslow, Founder & CEO

Website:

NFL Ugly Sweater | Unique Christmas NFL-Themed Sweater Store

Email:

support@nfluglysweater.com

City: Houston

State: Texas

Country:United States

The post NFLUglySweater.com Launches Unique Christmas NFL-Themed Sweaters, Kickstarting the Excitement for Upcoming Holidays appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.

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