Ma’aden looking at annual production capacity of 250,000 ounces of gold over an estimated life of 12 years
mining saudi arabia
Posted inPMV
Ma’aden signs conditional pact to acquire stake in Ivanhoe Electric
Ma’aden will acquire approximately 10.2 million common shares in IE, representing 9.9% of Ivanhoe Electric Inc
Posted inEQUIPMENT, Machinery, Plant, Vehicles
Saudi Arabia’s PIF & Ma’aden join hands to form a company to invest in mining assets
The development aligns with Ma’aden’s 2040 Strategy to focus on upstream mining activities and gain exposure to future minerals as well as build partnerships with global mining companies
Posted inPMV
Saudi miner Ma’aden posts $1.52m Q4 2015 loss
The Tadawul-listed company attributed its net loss to low product prices