Thursday 28 July 2016
 
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Ma'aden

Ma'aden unit starts production at copper mine

An affiliate of Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, has started commercial production at the Jabal Sayid copper mine, Ma'aden said on Thursday.   The mine is operated by Maade

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Ma'aden Q1 net profit slips 35pc, still beats forecasts

Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, posted a 35.3 per cent fall in first-quarter net profit on Sunday, but still beat analysts' forecasts. The firm made a net profit SR168.9 million ($45.04 mil

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Ma'aden reshuffles team, reaffirms cost-cutting focus

Saudi Arabian Mining Company (Ma'aden), which swung into the red at the end of last year after being hit by the slump in commodities, announced a new finance director on Wednesday and other management changes. The Gulf's b

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Aluminium upstream-downstream integration in focus

The integration of the aluminium upstream and downstream sectors throughout the GCC will be the focus of a leading aluminium conference and exhibition to take place in Saudi Arabia.   The Arab International Alumi

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Saudi's Ma'aden Q2 net profit falls 27pc

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, posted a 27.2 per cent fall in second-quarter net profit on Tuesday, missing analysts' forecasts. Net profit for the three months to June 30 was SAR270

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Saudi's Ma'aden registers solid Q1 net profit

Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, reported on Thursday its first-quarter net profit more than doubled year on year, but the earnings still fell short of analysts' forecasts. The company's

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Saudi Ma'aden restarts ammonia plant

A subsidiary of Saudi Arabian Mining Co (Ma'aden) has restarted an ammonia plant after a brief shutdown for repairs at a cooling facility, Ma'aden said on Wednesday. Ma'aden had previously said it expected the plant, a

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Saudi builder Khodari wins $170m deal from Ma'aden unit

Saudi Arabian builder Abdullah Abdul Mohsin Al-Khodari and Sons said on Thursday it had been awarded a $170 million contract from a unit of Saudi Arabian Mining Co (Ma'aden). The contract with Ma'aden Waad Al Shamal Phosph

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Ma’aden selects Zycus' Spend Analysis solution

Saudi Arabia Mining Company (Ma’aden) has selected leading leading source-to-pay procurement solutions provider Zycus’ advanced Spend Analysis solution, including iAnalyze and iMine, for global leadership in spend analysis.

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Ma'aden spearheading Saudi mining sector growth

The Saudi Arabian Mining Company (Ma'aden) investments have now exceeded SR85 billion ($22.6 billion) making the kingdom a major player in the phosphate and aluminium industry, according to experts. Ma'aden, they stated, w

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