Tuesday 21 October 2014

Ma’aden to be sponsor of Arabal

Aluminium Bahrain (Alba), one of the world’s leading aluminium producers, has announced Saudi Arabian Mining Company (Ma’aden) as the gold sponsor for the 18th International Arab Aluminium (Arabal) Conference. The comp


Ma'aden gets approval for $1.5bn rights issue

Saudi Arabian Mining Company (Ma'aden) received approval from the kingdom's regulator to undertake a SR5.6-billion ($1.5 billion) rights issue, a stock market filing from the Capital Market Authority said. The price and nu


Ma'aden signs $5bn loan for phosphate project

Saudi Arabian Mining Co (Ma'aden) has signed a $5 billion financing deal with commercial banks and a state-owned investment fund to back its $7.5 billion phosphate production project in the kingdom, it said in a statement on Tuesday (July


Ma'aden progressing in bank finance deal talks

Saudi Arabian Mining Company (Ma'aden) aims to close fundraising for its $7 billion phosphate project before the end of the year, and talks with lenders are progressing well, its chief executive said. The cash will be used to

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