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Maaden (Saudi Arabia Mining Company)

http://www.maaden.com.sa/
Maaden (Saudi Arabia Mining Company)

Ma'aden was formed by Royal decree in 1997 to facilitate the development of Saudi Arabia's mineral resources and was originally wholly owned by the Saudi Government before 50 percent of its shares were floated on the Saudi Stock Exchange (Tadawul) in 2008.

Initially Ma'aden's activities focused on expanding its active gold business which now includes five mines and over 11 million ounces of JORC compliant gold resources at operational and exploration sites.

Ma'aden has also developed its activities beyond gold with the development of Ma'aden Phosphate Company, which started production in 2011, its aluminium project which is currently under construction and a number of other projects. Ma'aden's exploration teams are working to expand available resources in existing business areas as well as to broaden the company's mineral portfolio.

Statistics

  • INDUSTRY

    Mining

  • FOUNDED

    1997

  • EMPLOYEES

    1000 - 4999

  • REVENUE

    1B+

Contact Us

+966 (011) 874 8000

info@maaden.com.sa

http://www.maaden.com.sa/

P.O. BOX 68861, Riyadh 11537, Riyadh, Riyadh , Saudi Arabia

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Maaden (Saudi Arabia Mining Company)

Ma'aden was formed by Royal decree in 1997 to facilitate the development of Saudi Arabia's mineral resources and was originally wholly owned by the Saudi Government...

http://www.businessreviewmiddleeast.com/company/6/Maaden-Saudi-Arabia-Mining-Company