Thursday 2 May 2024
 
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Saudi Ma'aden

Saudi Ma'aden awards major phosphate plant contract

Saudi Arabian Mining Company (Ma’aden) has awarded a SR3.4-billion ($892 million) contract to South Korea's construction giant Daelim Industrial Company to build the first plant in the company’s third large-scale phosphate comple

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Saudi Ma'aden awards major phosphate plant contract

Saudi Arabian Mining Company (Ma’aden) has awarded a SR3.4-billion ($892 million) contract to South Korea's construction giant Daelim Industrial Company to build the first plant in the company’s third large-scale phosphate comple

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Saudi Ma'aden's Q2 net profit plunges 50pc

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, beat analysts' forecasts despite posting a 51 per cent fall in second-quarter net profit on Monday, as sales revenues declined on low commodity prices.

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Saudi Ma'aden appoints Al Faleh chairman

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, has appointed Khalid Al Faleh as the new chairman of its board in a reshuffle in response to the govenment's plans for developing the mining sector. Fal

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Ma'aden's gold, metals unit gets $320m loan

Saudi Arabian Mining Company (Ma'aden) said its gold and base metals unit had obtained a SR1.2 billion ($320 million) loan from the state-affiliated Saudi Industrial Development Fund to help develop the Ad Duwayhi mine. The lo

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