SSIC 072902 activity

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 072902Mining 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

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

📋
Licensing

Permits from supervisory authorities

📊
Statistics

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 & Disclaimer

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.

This is an independent, free reference resource. Please verify critical information in official government sources before making legal or licensing decisions.