Feasibility Manager

Saudi Gold Refinery SGR is seeking a Feasibility Manager in Riyadh Saudi Arabia to lead the economic and technical evaluation of capital projects across our downstream operations. This role focuses on validating investment cases for mining expansions laboratory upgrades and bullion production enhancements through rigorous financial modeling and technical analysis. The manager will ensure all studies align with regulatory standards from the Ministry of Industry and Mineral Resources MIM and internal governance protocols.

The Feasibility Manager will report directly to the Feasibility Director and will play a key role in shaping SGR's capital allocation strategy. This position requires a professional who can synthesize complex engineering data into clear financial recommendations for senior leadership and the Board.

The Feasibility Manager will execute the following responsibilities

The role develops detailed discounted cash flow models to determine the present net value and internal rate of return for proposed capital projects. It conducts sensitivity analysis on key variables such as metal recovery rates and energy costs to quantify risk exposure.

This position collaborates with process engineers to validate throughput assumptions for fire assay cupellation and electrolytic refining circuits. It reviews technical specifications for major equipment to ensure capital expenditure estimates reflect current market pricing.

The manager ensures all feasibility studies incorporate compliance costs related to environmental permits and emissions monitoring standards. It integrates requirements from the Ministry of Industry and Mineral Resources regarding local content into workforce cost projections.

The role facilitates weekly working groups with engineering and finance teams to resolve data gaps and align on technical assumptions. It maintains a centralized database of vendor quotes and historical cost indices to enhance the reliability of future estimates.

This position identifies and quantifies project risks including construction delays commodity price volatility and regulatory changes in the Saudi mining sector. It prepares executive-level presentations that clearly communicate the financial implications and strategic fit of each proposed investment.

The role documents all assumptions methodologies and data sources in reports to ensure transparency and auditability. It maintains strict adherence to ethical standards and documentation requirements for internal governance reviews.

This position aligns project evaluations with long-term corporate strategy and Vision 2030 objectives for the mining sector. It ensures that all investment proposals support SGR's position within the national precious metals value chain.

Bachelor's degree in Mining Engineering, Geology, Chemical Engineering, Industrial Engineering is required.

Minimum of 10 years of experience in feasibility studies, project evaluation, or corporate development within the mining or metals sectors.

Proven expertise in building complex financial models using Excel, including DCF, NPV, IRR, and sensitivity analysis techniques.

Demonstrated understanding of downstream precious metals processing, including refining, assaying, and bullion production workflows.

Experience managing cross-functional teams and coordinating inputs from engineering, HSE, and commercial departments.

Strong knowledge of Saudi industrial regulations, including environmental permitting and local content requirements.

Ability to…