Monday 21 April 2014
 
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Saudi Arabian Mining Company

Ma'aden awards $2.25bn phosphate project work

Saudi Arabian Mining Company (Ma'aden) has awarded three contracts worth a combined SR8.46 billion ($2.26 billion) to Canadian and Asian companies concerning its new phosphate mining and production project, it said on Monday.

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Ma'aden awards $2.25bn phosphate project work

Saudi Arabian Mining Company (Ma'aden) has awarded three contracts worth a combined SR8.46 billion ($2.26 billion) to Canadian and Asian companies concerning its new phosphate mining and production project, it said on Monday.

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Saudi Maaden Q4 net profit surges 45pc

Saudi Arabian Mining Company (Maaden) posted a forecast-beating 45 per cent increase in its fourth-quarter net profit after it began production of ammonia and di-ammonium phosphate, it said in a bourse statement on Sunday. The sta

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Maaden to invest $5.6bn in phosphate project

State-controlled Saudi Arabian Mining Company (Maaden) plans to invest SR21 billion ($5.6 billion) in a phosphate project as part of a new industrial city in the country's north, the company's chief executive was quoted by Saudi state medi

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Saudi Maaden inks $1bn finance deal

Saudi Arabian Mining Company (Maaden) said its subsidiary Bauxite and Alumina Company has signed a SR 3.75 billion ($1 billion) financing agreement with the Public Investment Fund (PIF) for the second phase of its aluminium project. The se

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Sabic, Maaden JV starts initial production

Saudi Arabian Mining Company (Maaden) said its phosphate joint venture with Saudi Basic Industries Corp (Sabic) has begun initial production at the new plant. 'Maaden today announces that Maaden Phosphate Company (MPC) started ini

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Maaden gold sale volume falls 12pc

Saudi Arabian Mining Company's (Maaden) gold sale volumes fell 12.3 per cent to 128,000 ounces in 2008, the company said on Wednesday. The sales volumes for gold were 146,000 ounces in 2007, Maaden said. The average selling price for its g

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ME capital markets perform better

Middle East markets resisted the dramatic global downturn in the IPO market by raising $3.61 billion in the third quarter of 2008 from 12 initial public offerings (IPOs) compared to $4.72 billion from 13 IPOs in the second quarter of 2008.

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Samsung Eng wins Saudi order

South Korea's Samsung Engineering & Construction said it had won a 636.5 billion won ($691.7 million) order to build an ammonia facility for Saudi Arabian Mining Company. Samsung said it would build the facility by December 2010.

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