Mining of precious metal ores belonging to the gold, silver and platinum set
تعدين خامات المعادن الثمينة المنتمية الى مجموعة الذهب والفضة والبلاتين
Compliance Risk Score
65/100- Verified against GASTAT/Official source
- Complete hierarchy structure
- Has cross-references to other systems
- Regulatory compliance requirements detailed
📌 Description
SSIC 072902: Mining of precious metal ores belonging to the gold, silver and platinum set. Supervised by Ministry Of Industry And Mineral Resources. Use...
📖 Description
SSIC code 072902 — Mining of precious metal ores belonging to the gold, silver and platinum set — classifies economic activities in this sector according to the Saudi national classification system.
Supervisory entity: Ministry Of Industry And Mineral Resources
Licensing entity: Ministry Of Industry And Mineral Resources
Occupations Related to this Activity
When to use this code
Ministry of Commerce — Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting — GASTAT
FAQ
What is SSIC code 072902?
SSIC code 072902 corresponds to 'Mining of precious metal ores belonging to the gold, silver and platinum set' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.
When should I use SSIC 072902?
Use SSIC code 072902 when your main business activity is 'Mining of precious metal ores belonging to the gold, silver and platinum set'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.
What Saudization rate applies to SSIC 072902?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 072902. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.