Some 700 delegates from over 40 countries are expected to attend the 3rd Annual International Geotechnical Innovation Conference (IGIC 2026) taking place in Riyadh from October 14 to 15.
Saudi Arabian Mining Company (Maaden) has reported solid results for the second quarter with its net profit surging 13% to SAR2.18 billion ($580 million) and its revenue hitting SAR10.9 billion ($2.87 billion), helped by higher commodity prices and increased gold sales volumes.
Aramco, one of the world’s leading integrated energy and chemicals companies, and Maaden, one of the world’s fastest‑growing mining companies, on Tuesday announced the signing of a shareholders’ agreement to form a joint venture (JV) to unlock new opportunities in mineral exploration and hard-rock mining in Saudi Arabia.
Metso has announced that it has signed two multi-year Life Cycle Services agreements with major mining companies. The first is a five-year contract with a major copper producer in South America and the second is a four-year contract with a major lead/zinc producer in Asia Pacific.
Saudi Arabia's National Industrial Development and Logistics Program (NIDLP) activities contributed SAR1,045 billion ($278.74 billion) to non-oil GDP in 2025, representing 39% of the Kingdom's total non-oil GDP, up from SAR996 billion in 2024, said the program's annual report.
Saudi Arabia's total mining wealth is estimated at around SAR9.4 trillion ($2.5 trillion) as the mining sector continued its growing expansion as a key pillar in diversifying national economy in 2025.
Abu Dhabi Maritime Academy, an integral part of AD Ports Group, has signed a research, development, and operational deployment agreement with Minexx, a technology-enabled mining and mineral processing company operating in the Democratic Republic of Congo.
Direct Travel has expanded its Avenir platform across Energy, Marine, and Mining divisions via ATPI, offering a unified global model for executive and project travel that complements existing specialist workforce and logistics solutions.
Epiroc, a global productivity partner for mining and construction, has unveiled its new EC 122 hydraulic breaker, engineered to deliver improved handling, extended service life, and simplified maintenance. The new model is 80 kg lighter than its predecessor, reducing overall carrier load and improving maneuverability
Saudi Arabia's Ministry of Industry and Mineral Resources has signed up as a strategic partner for the upcoming edition of Aluminium Arabia expo, thus reinforcing the kingdom’s commitment to advancing its aluminium and mining sectors in line with Saudi Vision 2030.
