Strategic Direction
Where to invest, which opportunities to pursue, how partnerships and portfolios should be structured, and where not to commit.
MIND Gulf
Built for consequential mining decisions in Saudi Arabia.
MIND Gulf is a mining-focused partnership established by MIND and Makana Holding in Saudi Arabia.
With Saudi Arabia as its first operating focus, MIND Gulf brings MIND’s integrated mining judgement into the context of Vision 2030 and the Kingdom’s growing strategic commitment to mineral development.
MIND+Makana Holding
Mining-focused partnership · Saudi Arabia
Vision 2030
Under Vision 2030, Saudi Arabia is advancing mining as a third pillar of national industry.
Under Vision 2030, the Kingdom is accelerating geological knowledge, exploration, investment, regulatory development and mineral value chains as it builds a larger and more capable mining and minerals sector.
For MIND Gulf, the significance is not simply the scale of ambition. Larger ambition creates more consequential decisions about assets, capital, project maturity, risk, execution and long-term value.
Saudi Arabia · first operating focus
Saudi Vision 2030 · Strategy for the Mining Sector →MIND + Makana Holding
A Saudi partnership focused on mining.
MIND Gulf was established through the partnership between MIND and Makana Holding, a Saudi holding company.
The partnership creates a dedicated basis for mining advisory activity in Saudi Arabia while drawing on MIND’s broader mining judgement, methodology and specialist perspective.
A distinct partnership. Connected to MIND’s mining judgement.
MIND Advisory →- Foundation
- MIND + Makana Holding
- Focus
- Mining advisory
- First operating focus
- Saudi Arabia
Integrated Mining Judgement
A mining project is not a sequence of isolated disciplines.
Strategy influences capital. Geological confidence changes mine planning and value. Infrastructure can redefine project economics. Permitting and stakeholder conditions can change timing and configuration. Execution choices influence operating readiness. Closure obligations begin long before closure.
MIND Gulf approaches these relationships as one mining system — from opportunity and study through development, operations and long-term legacy.- 01Opportunity & Strategy
- 02Study & Evaluation
- 03Development & Commitment
- 04Operations & Value
- 05Closure & Legacy
Advisory Focus
Different stages. The same requirement for defensible decisions.
Project & Investment Confidence
Whether technical, commercial, responsible-development and governance evidence justify the next material commitment.
Execution & Operating Readiness
Whether an approved project is genuinely ready to execute, commission, hand over and operate.
Long-Term Value
Whether performance, risk, stakeholder legitimacy and lifecycle obligations remain aligned with the value case.
Evidence to Decision
Start with the decision. Test what must be true.
MIND Gulf defines the decision and the commitment being considered before expanding the analysis.
The conclusion is not forced toward approval. Depending on the evidence, the right pathway may be to proceed, proceed with conditions, rework, redirect, hold or stop.
- 01Define
Clarify the decision, authority, commitment and consequence.
- 02Test
Examine whether the available evidence is fit for that decision.
- 03Connect
Reconcile material technical, commercial, responsible-development, execution and operating dependencies.
- 04Challenge
Expose assumptions, overstated confidence, gaps and consequences.
- 05Govern
Clarify the pathway and the conditions required for responsible progress.
Presence in Saudi Arabia
MIND Gulf at Future Minerals Forum 2026.
MIND Gulf exhibited at the fifth Future Minerals Forum in Riyadh, marking a visible presence within one of the Kingdom’s principal minerals-sector gatherings.
Held from 13–15 January 2026 at the King Abdulaziz International Conference Center, the Forum convened governments, investors and industry leaders from across the minerals value chain.
Future Minerals Forum 2026 · Riyadh
Future Minerals Forum 2026 →MIND Gulf
What mining decision are you facing in Saudi Arabia?
MIND Gulf works with decision-makers confronting strategic, investment, project and operating questions where technical evidence, capital, risk and execution must be considered together.
Speak with MIND Gulf