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Ma'aden awards $825m deal to Korean firmSaudi Arabian Mining Co (Ma'aden) has awarded a $825 million contract to South Korea's Daelim Industrial Co to build an ammonia plant in the kingdom, Ma'aden said in a bourse filing on Tuesday. The More… |
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Maaden shuts ammonia plant for 2 weeksMaaden 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. More… |
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HSBC to arrange $1.8bn Maaden loanSaudi Arabian Mining Co (Maaden) is seeking a 7 billion riyal ($1.86 billion) loan from local banks, a Saudi banker told Reuters on Wednesday. Maaden said in March that it plans to add a new production line, with a capacity of 100,000 tonn More… |
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HSBC to arrange $1.8bn Maaden loanSaudi Arabian Mining Co (Maaden) is seeking a 7 billion riyal ($1.86 billion) loan from local banks, a Saudi banker told Reuters on Wednesday. Maaden said in March that it plans to add a new production line, with a capacity of 100,000 tonn More… |
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Higher gold prices to boost Maaden resultsState-controlled minerals firm Saudi Arabian Mining (Maaden) expects high gold prices to be a boon for fourth-quarter results, the company’s chief executive has said. “I think the results will be positive because of the high gold price,” A More… |
