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Ma'aden 'fastest growing company in GCC'Thirteen of the 15 fastest growing companies in the GCC were from Saudi Arabia and Qatar and these companies achieved a growth of at least 20 per cent per annum over the five years to end 2015, a report said. The report, released More… |
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Maaden starts production at alumina refineryA subsidiary of Saudi Arabian Mining Company (Maaden) has started commercial production at a new bauxite mine and alumina refinery which could begin exporting some of its output in coming months, said a report. The production will More… |
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Ma'aden begins commercial output at gold mineSaudi Arabian Mining Company (Ma'aden) said on Sunday commercial output had begun at the Ad Duwayhi gold mine in western Saudi Arabia. The mine has an estimated average annual production capacity of 180,000 ounces over the lif More… |
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Saudi's Ma'aden swings to net loss in Q4Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, swung to a net loss in the fourth quarter on Wednesday due to lower product prices, missing the average forecast of analysts. Ma'aden made a net loss of More… |
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Maaden unit plans 4 ventures with $1bn loanA subsidiary of Saudi Arabian Mining Company (Maaden) has won the approval of Saudi Industrial Development Fund (SIDF) for four long-term loans amounting to SR4 billion ($1.063 billion), a report said. Maaden Waad Al-Shamal Phosph More… |
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Maaden unit plans 4 ventures with $1bn loanA subsidiary of Saudi Arabian Mining Company (Maaden) has won the approval of Saudi Industrial Development Fund (SIDF) for four long-term loans amounting to SR4 billion ($1.063 billion), a report said. Maaden Waad Al-Shamal Phosph More… |
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Energy, feedstock price hike to cost Ma'aden $32mSaudi Arabian Mining Company (Ma'aden) said on Sunday that changes to energy and gas feedstock prices announced by the government last week would reduce its profit in 2016 by around SR120 million ($32 million). The company, th More… |
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Production starts at Saudi copper mineSaudi Arabian Mining Co (Ma'aden) has began initial production of copper at its joint venture affiliate with Canada's Barrick Gold Corp, the Gulf's largest miner said in a bourse statement. Maaden Barrick Copper Co, ow More… |
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Maaden gets backing from banks for $3bn loanSaudi Arabian Mining Co (Ma'aden) said its phosphate business has received commitments from local, regional and international banks for a SR11.5 billion ($3.07 billion) loan, according to a bourse filing on Wednesday. The loan More… |
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Ma'aden Q3 profit drops 83pcSaudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, posted a 83.5 per cent fall in third-quarter net profit on Sunday. Ma'aden made a net profit of SR79.9 million ($21.3 million) in the three months to Se More… |
