Thursday 30 October 2014
 
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Saudi Arabian Mining

Ma'aden awards $825m deal to Korean firm

Saudi Arabian Mining Co (Ma'aden) has awarded a $825 million contract to South Korea's Daelim Industrial Co to build an ammonia plant in the kingdom, Ma'aden said in a bourse filing on Tuesday.   The

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Maaden shuts ammonia plant for 2 weeks

  Maaden Phosphate Company (MPC) shut its ammonia plant at Ras Al Khair on Monday for unscheduled repairs which are expected to take about two weeks, Saudi Arabian Mining Company (Maaden) said on Tuesday.  

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HSBC to arrange $1.8bn Maaden loan

Saudi Arabian Mining Co (Maaden) is seeking a 7 billion riyal ($1.86 billion) loan from local banks, a Saudi banker told Reuters on Wednesday. Maaden said in March that it plans to add a new production line, with a capacity of 100,000 tonn

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HSBC to arrange $1.8bn Maaden loan

Saudi Arabian Mining Co (Maaden) is seeking a 7 billion riyal ($1.86 billion) loan from local banks, a Saudi banker told Reuters on Wednesday. Maaden said in March that it plans to add a new production line, with a capacity of 100,000 tonn

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Higher gold prices to boost Maaden results

State-controlled minerals firm Saudi Arabian Mining (Maaden) expects high gold prices to be a boon for fourth-quarter results, the company’s chief executive has said. “I think the results will be positive because of the high gold price,” A

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