Saudi Arabian Mining Co (Ma'aden) expects to start producing bauxite from a new mine in the second quarter of 2014, a company executive said.
Ma'aden and US partner Alcoa are developing a mine with the capacity to produce
Saudi Arabian Mining Co (Ma'aden) said its third-quarter net profit more than trebled on the back of contract receipts from a phosphate joint venture, which helped offset declines in its gold and other fertiliser businesses.
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.
The Saudi Arabian Mining Company (Ma’aden) has signed an agreement with Sabic and the US-based Mosaic Company to develop a SR26 billion ($7 billion) fully integrated, world-class phosphate production facility in Saudi Ara
Saudi Arabian Mining Company (Ma'aden) has announced that its affiliate Ma'aden Company For Gold and Base Metals has signed a contract for with a South Korean company for the establishment of Al-Dowaihi gold plant.
Saudi Arabian Mining Company (Maaden) aims to complete the financing for a $7 billion phosphate project by the end of the year, a senior executive at the firm said on Tuesday.
The cash will be used to fund the Umm Wual development